Twenty years ago, had you suggested to the average Joe gamer or gambler that the industry would be moving online and you’d have the option to play with digital currency, they would have thought you crazy.
Fast forward to now, experts predict that the online gambling market is expected to grow to USD $169bn by 2030. With the online gambling market valued at USD $78.66bn in 2024, the rapid rate of expansion of this industry is unprecedented.
According to Yield Sec, an intelligence platform, explosive growth in the crypto casino space is happening. Reporting by the Financial Times highlighted that wagers paid in cryptocurrency last year generated USD $81.4bn in gross gaming revenue (GGR), the difference between bets taken and winnings paid out — a fivefold rise since 2022.
And as the market continues to expand, so too must its offerings.
Innovative Gameplay Offerings
The crypto casino space is expanding its offerings. From niche NFTs, dreamy Decentraland or creating hosts of new games, crypto casinos are at the forefront of innovation.
Take NFTs. This offering gives players the unique opportunity to use avatars and gain access to exclusive content in the online world like never before. NFTs offer gamers the ability to unlock new players experiences, while still accessing more traditional games.
Casinos such as Roobet and Stake, both crypto casinos, are leading in shaping this evolution.
Design and games are Roobet’s ammo. Games like the world-famous Crash, Dice, and Mines – along with house favorites like Blackjack – showcase why this platform is one of the most trail-blazing online casinos out there.
With a wide pool of games, including Packs, Bars and Tome of Life, and a sleek mobile interface, Stake likewise attracts a significant audience of gaming enthusiasts.
Both platforms combine personalized experiences with a community feel to give players the best of both worlds. Social features and advanced interfaces are now an ever-expanding part of the casino realm.
Blockchain Security Matters
Giving customers security on the blockchain is also paramount.
Casino hot shots including the likes of Stake and Roobet guarantee the best protection for their users, a core part of their successes.
The Blockchain Fraud Management (BFM) system is one such technology that Roobet is leveraging to keep its users safe. The platform sees this as an essential requirement for a safe online experience.
Meanwhile, Stake also employs high level security measures. For example, it has adopted SSL encryption to ensure the protection of sensitive data during transmissions, which guarantees the safeguarding of personal information.
By using data, analytics, and centralized exchanges, companies can detect unusual activity and receive alerts to out-of-the ordinary transactions. This ensures player safety and the security of crypto wallets.
Concepts such as BFM enable Roobet, Stake and others to blend enjoyment and player security into one.
Riding the Crypto Wave
Cryptocurrencies are continuing to gain momentum.
Despite negative mainstream press around cryptocurrencies, options including Bitcoin and Ethereum are not losing their popularity, and the online gambling world is capitalizing on this trend.
According to recent figures, crypto wagers make up close to 30% of all online bets across certain European platforms, compared to some 20% just a year earlier. This shift demonstrates that digital currencies are no longer a specialist option, but an essential part of the payments mix.
Roobet is leading from the front.
By offering a host of benefits including users’ ability to choose their cryptocurrency, security checks to maintain player safety, and staying at the forefront of crypto technology, Roobet delivers a cutting-edge online experience.
Driving innovation in one of fastest growing industries
The rise of online gambling is unparalleled. GGR is soaring to eye-watering new heights. By placing fun, player safety and cool offerings at the heart of their brands, Roobet, alongside other companies including Stake, have positioned themselves as leaders in one of the hottest industries on the block.