STAKE crypto casino has achieved the greatest success, whose income from bets over the year reached $ 4.7 billion. This is 80% higher than in 2022.
Yield SEC experts noted that the activities of such services are prohibited in the USA, China, the EU countries and the UK. However, the crypto casino successfully attracts digital assets holders with “their technological flexibility”, allowing players to go around the VPN both geographical restrictions and other deanonymization tools, representatives of YIELD said. For example, players use the leaderships of a crypto casino to bypass restrictions, as well as buy “ready-made accounts” to access game platforms.
Crypto casino, such as Stake, Rollbit or Roobet, compare themselves with the traditional giants of online gambling, such as the bookmaker Entain or Flutter, which have an annual income of $ 5 billion and $ 14 billion. The comparable income from game rates demonstrates the competitiveness of the crypto casin In the global market, writes FT.
Stake, which is managed by Medium Rare registered on Curasao, said that in 2024 it took up to 4% of the total transaction in the global bitcoin network, and 25 million users made more than 300 billion cryptocurrency rates on the platform from the moment of launch in 2017.
The founder of Yield Sec, Ismail Vali said that the rates made in cryptocurrency are illegal in most countries. However, last year, gross game income of the crypto casino network from the rates paid in cryptocurrency amounted to $ 81.4 billion.
Earlier, Certik analysts reported that the Duelbits cryptocurrency casino was a victim of hacking and after compromising closed keys, the company lost digital assets worth about $ 5 million.
Source: Bits
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