Crypto Gambling Market Size | Global Trends and Forecast 2025

Q: What is the size of crypto gambling market?

The size of market is estimated at USD 6.6 billion in 2024 and is projected to be at USD 17.1 billion by 2031.

Q: How is crypto gambling different from traditional online gambling?

Crypto gambling uses blockchain for transactions, offers anonymity, lower fees, and transparent algorithms like “provably fair” verification.

Q: What are the legal risks of crypto gambling?

Regulations vary by country, such as crypto gambling operates in a gray zone, subject to evolving compliance and KYC laws in some regions.

Q: What cryptocurrencies are most used in gambling platforms?

Bitcoin and Ethereum dominate, followed by Litecoin, USDT, BNB, and proprietary tokens offered by specific gaming sites.

Q: Is NFT-based gambling gaining popularity?

Yes, platforms are using NFTs as wagers, rewards, or entry tokens in exclusive games and lotteries, boosting user engagement.

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Code: MTA4219

Publication Date: Jun 2025

What is the size of the Crypto Gambling Market?

According to 6Wresearch internal database and industry insights, the crypto gambling market was estimated at USD 6.6 billion in 2024 and is projected to be at USD 17.1 billion by 2031, expanding its landscape at a strong CAGR of 15.1% during the forecast period 2025–2031.

As platforms are decentralized, anonymity, and fast blockchain transactions reshape online betting and gaming, the market is continued to grow rapidly. Crypto gambling is not alone, it includes casino games, sports betting, lotteries, and decentralized prediction markets.

Key Growth Factors

Increasing adoption of Bitcoin, Ethereum, and altcoins in gaming platforms
Growing demand for anonymity and low-fee, instant transactions
Expansion of decentralized casinos and smart-contract-based games
Rising interest in play-to-earn and NFT-linked gambling formats
Cross-border accessibility in crypto-friendly jurisdictions
Integration of provably fair algorithms for transparent gaming

Crypto Gambling Market Trends

The crypto gambling market is expected to expand through DeFi integration, token-based loyalty systems, and DAO-governed platforms. One emerging trend is that operators are investing in blockchain transparency features like provably fair technology and smart-contract audits to boost trust. The multichain platforms, Metaverse casinos, and tokenized gaming economies are contributing to reshape the market dynamics. Further, the regulatory innovation in Latin America, Asia, and parts of Europe is encouraging mainstream adoption, while NFTs and stablecoins are being integrated into gaming ecosystems.