Unregulated Crypto Casinos Dominate Blockchain Gambling

While industry thought leaders debate the potential value of cryptocurrency gambling, offbeat unregulated casinos on the blockchain are already processing millions of dollars a day.

As the unbridled optimism that surrounded blockchain’s emergence in gambling fades, a note of scepticism has entered the conversation about whether or not the industry is heading for a blockchain revolution. So far, online gambling companies have struggled to justify a business case for decentralised wagering.

At the recent iGB Live conference in Amsterdam, conference attendees were asked to debate the statement: "Is blockchain over-hyped?".

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