Crypto casinos have skyrocketed in popularity, hitting a staggering $81.4 billion in revenue in 2024 — a fivefold increase compared to 2022. This explosive growth, confirms the rapid expansion of the crypto gambling industry despite tightening global regulations.

Even though crypto gambling remains banned in major markets like the U.S., U.K., China, and the EU, players continue accessing offshore platforms using VPNs, mirror sites, and even purchased accounts. This workaround culture is fueling massive engagement on platforms like Stake, Rollbit, and Roobet, many of which operate legally in jurisdictions such as Curaçao and Malta.

To illustrate this growth, Stake.com alone reported a gross gaming revenue (GGR) of $4.7 billion in 2024, up 80% from its 2022 numbers.

However, the booming market also raises serious concerns. Critics point to lax identity verification and minimal age checks, which make these platforms potentially accessible to minors and vulnerable individuals. Additionally, the volatile nature of cryptocurrencies adds another layer of risk for casual users.

For affiliate marketers, this trend signals a massive opportunity — but also a need for responsibility. While the earning potential is undeniable, promoting crypto casinos requires careful attention to compliance, ethical marketing practices, and constant monitoring of local laws.