Bitcoin gambling has been continuously on the rise since the early 1990s.
Online gambling has numerous benefits and advantages over traditional casinos, the most obvious of which is the luxurious convenience of any online product.
Another, less obvious advantage is the ability to undermine the position of traditional casinos, because without spending on maintaining a physical building or slot machines, players can get higher profits.
Despite these advantages and possible others, online gambling accounts for only about 10% of the total market volume.
The main reason for this is lobbying to make such games illegal.
Sheldon Adelson, a billionaire gambling tycoon, is renowned for his efforts to fight online gambling.
Along with owning nearly $ 30 billion in property, he is also the CEO and chairman of the Las Vegas Sands Corporation, which has a host of subsidiaries.
It is not hard to see how Bitcoin and other cryptocurrencies can easily find their niche in the online gambling industry.
Bitcoin lowers transaction costs and increases the speed of transactions.
The two markets, cryptocurrencies and gambling, actually interact and complement each other.
The inherent advantages of Bitcoin can increase the demand for online gaming, as a result, the use of Bitcoin gambling can become everyday.