Cryptocurrency Use Grows in Global iGaming Market

  • 📰 Covers
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 59%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

A recent study found the number of crypto bets has grown 66.4% in the first nine months of 2023. Both the use of cryptocurrencies and fiat grew with the overall iGaming market.

The number of cryptocurrency bets in iGaming grew by more than 66 percent in the first nine months of 2023. Crypto, however, did not keep pace with the amount of traditional currency wagered in onlinethe first three quarters of 2023, compared with a 32.8 percent market share during the sameBitcoin is still the leading cryptocurrency used in iGaming, representing roughly 75% of the crypto use. Meanwhile, Dogecoin , a popular “meme coin,” represented 3% of the crypto used in online casinos..

As the U.S. iGaming market grows, however, the use of crypto in that sector isn’t likely to follow. Cryptocurrency still operates in a legal gray zone in the U.S., which makes its adoption more difficult for regulated companies. Although, there is certainly interest in seeing better crypto integration in the U.S. gaming space. But sports betting, not iGaming, may be where crypto gains traction.is well-known for its early acceptance of cryptocurrencies.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 341. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Bitcoin price doubles YTD, eyes $35,000 as cryptocurrency market prepares for BTC halvingBitcoin (BTC) price is already eyeing the $35,000 level after doubling its value year to date. With more gains in sight, it remains unclear what exact
Herkunft: FXStreetNews - 🏆 14. / 72 Weiterlesen »