Threefold increase in cryptocurrency gambling

Threefold increase in cryptocurrency gambling

It has been announced today that online casino game aggregator and turnkey solution provider SoftSwiss has experienced a threefold increase in cryptocurrency gambling.

According to a corporate report from the multi gaming product provider, data last year showed a surge in online gambling at cryptocurrency compatible casinos within its network, compared with the previous year.

With increased activity and traffic in Russia, Latin America and Canada, cryptocurrency gaming is becoming widespread and the latest report for the twelve months in 2020 show consistent growth in this area of gaming.

Reportedly, Bitcoin was the most dominant of all cryptocurrencies with over ninety percent of the gaming market share with others taking the remaining ten percent approximately, including Ethereum and Litecoin in second and third place respectively.

SoftSwiss currently provides a series of online gambling products to assist operators and developers within the industry, including white label solutions, turnkey casino, sportsbook and crypto casino gaming platform.

The company’s cryptocurrency casino platform currently offers over three-thousand games from more than twenty game developers, which not only reinforces the popularity of the crypto market, but also suggests that it shows no signs of slowing growth.

Bitcoin leading the race

Additionally, the latest analysis on Bitcoin gambling online along with other cryptocurrencies shows that there is a rising interest in playing casino games and slots with alternative currency. But the report also shows that due to the increase in traffic and activity, cryptocurrencies such as Bitcoin are becoming more mainstream.

Although it is not known when or if cryptocurrency gambling will peak and slow down, more game developers and online casinos are in full motion of support for the likes of Bitcoin, Ethereum and Litecoin in real money gaming, particularly on video slots games.

The size of the SoftSwiss gaming network, including software providers and online casino operators, combined with the in-depth data from the report shows that in 2021 cryptocurrency gambling is increasing and taking more of the online market share in regulated jurisdictions, including Europe.

Andrey Starovoitov of SoftSwiss commented on the revelation:

The absolute and relative value of cryptocurrency gambling traffic has increased threefold in 2020, compared to 2019.

Bitcoin is no longer exotic. In the coming years, we expect to see even more gaming studios supporting cryptocurrencies in their games, as well as casino operators integrating new crypto payment methods for their players.

Popular cryptocurrency games

Unlike in the early days of Bitcoin and other cryptocurrencies, there are now thousands of compatible casino games to play at casino operators around the world. Some software developers specialise in creating cryptocurrency games, whereas others develop a handful of games aside from their main development focus.

In the cryptocurrency gambling world, some games are created specfically for wagering with Bitcoin, Ethereum and Litecoin. Other games are converted from generic currency to cryptocurrency.

The most popular games that are compatible with cryptocurrencies in 2021 include Satoshi’s Secret, Lightning Roulette, Avalon the Lost Kingdom, Four Lucky Clover, Deep Sea, Spin and Spell, Aztec Magic Deluxe, Blackjack Surrender, Dracula Riches, European Roulette and Wild Dragon.

These games can be played with one of the most popular online casinos currently on the market with a $/€4000 or 0.1 BTC or other cryptocurrency equivalent bonus using the button below.

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