3 reasons why crypto casinos are growing in 2025 and 2030 projections
If current trends hold, crypto casinos could capture between 35 and 40 per cent of the global online gambling market by 2030
THERE’S BEEN A gradual shift from traditional fiat transactions at casinos over the last decade, and crypto gambling sites are the undeniable reason. New data shows the crypto gambling market has expanded fivefold in the past five years, from about $50 million in 2019 to $250 million in 2024.
This surge isn’t accidental, especially if you consider the recent structural shifts in technology, user behavior, and financial infrastructure. These changes were picked up almost instantly by crypto casino platforms, a much quicker adoption than we’ve seen with their traditional gambling operator counterparts.
We see a classic example of players’ gravitation toward crypto gaming alternatives in Stake.com records. Growing to become the world’s largest crypto casino, Stake generated roughly $4.7 billion in revenue in 2024, up from about $2.6 billion just two years prior.
Industry experts point to three powerful forces behind the rise of crypto casino sites.
According to Martin Varrand, an iGaming & Crypto Marketing Strategist, “The rise of crypto casinos in 2025 is driven by three powerful forces: increased demand for privacy, faster and borderless transactions, and a new generation of players who are crypto-native. We’re witnessing a fundamental shift in the way people engage with online gaming, where trustless systems and community-driven experiences are becoming the new standard. By 2030, I believe crypto casinos won’t be a niche—they’ll be the norm.”
Here’s a breakdown of these key factors pushing this growth and what to expect by 2030:
1. Privacy and Security Are Non-Negotiable in 2025
Players are increasingly drawn to the greater privacy that crypto casinos offer. Unlike traditional online casinos that require extensive personal identification and verification, many crypto gambling sites let users wager with just a cryptocurrency wallet address.
Transactions are pseudonymous, a feature that gamblers have long sought, particularly because banks collect gambling transaction records that can harm credit scores. This feature alone is a big contributor to the rapid crypto iGaming growth in Canada and other parts of the world.
In markets with strict gambling regulations, crypto casinos also provide a workaround for players seeking a less restrictive experience; for example, in the UK’s tightly controlled market, some bettors have turned to crypto platforms to bypass heavy-handed ID checks and limits.
2. Instant, Borderless Transactions Remove Friction
Speed and global reach are another key advantage fueling crypto casino growth. With conventional online casinos, deposit and withdrawal times can stretch for days due to bank processing and country-specific regulations.
By contrast, cryptocurrency transactions, whether cashing in or out, are often completed within minutes at any hour of the day. Players no longer need to wait for “business hours” or bank approvals to access their winnings. Even more interesting is that these transactions attract no or little fees, as low as $0.01 per transaction on networks like Solana or Polygon.
This efficiency is critical for markets where gambling is restricted or banking access is limited. In Latin America, for example, crypto adoption grew by 42.5% YoY in 2024, as players bypassed local currency controls. By 2030, as stablecoins and layer-2 solutions mature, cross-border play will become seamless.
3. The Crypto-Native Generation is Entering Its Spending Prime
Millennials and Gen Z, who grew up with Bitcoin and decentralized apps, now represent over 50% of online gamblers. Unlike older demographics, they prioritize:
- Provably fair gaming (on-chain randomness over opaque RNGs)
- Community ownership (via tokenized rewards and DAO-governed platforms)
- Play-to-earn models (blurring gambling and gaming)
Platforms like Rollbit, Stake, and Bitcasino have capitalized largely on this shift. We now see them integrating NFTs, focusing on decentralized governance, and integrating social features. Rollbit’s revenue, for instance, grew 320% in 2024, which shows there’s also a growing demand for hybrid gaming-gambling ecosystems.
2030 Projections: From Niche to Mainstream
If current trends hold, then cryptocurrency casinos could capture between 35 and 40% of the global online gambling market by 2030. Some analysts already forecast that the global online gambling market, of which crypto casinos are a fast-growing part, will roughly double in size by 2030, reaching around $150 billion.
At this rate, the distinction between “crypto casinos” and traditional online casinos may become increasingly blurred by the end of the decade. That means digital currency gaming could become a standard offering. Jurisdictions known for iGaming are already laying groundwork: progressive regulators in tech-friendly hubs like Malta and Gibraltar have implemented frameworks for crypto gambling operations. The idea is to create a more secure and transparent environment that boosts confidence for operators and players alike.