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Crypto Gambling Trends to Watch Out for in 2023By Shane Addinall Jan 12, 2023 OpinionLook forward to the new year and explore what could be in store for crypto gambling and Bitcoin casinos in 2023. Will we be right on the money? Let’s find out.
The new year has started with gusto, and 2023 is already looking to be an interesting experience. From crypto trends to new regulations, and the possibility of even more fun on the blockchain, we’re looking forward and discussing what’s on the cards for the industry in the year ahead.
MGA Approves Crypto Deposits
The new year kicked off with the Malta Gaming Authority opening the floodgate for crypto deposits. After announcing the launch of Fasttoken, BetConstruct has now received the go-ahead from the MGA to accept cryptocurrency deposits.
While this may not appear to be the biggest piece of news, it’s notoriously difficult to receive permission from regulators to welcome crypto payments. This small step in the right direction could see more casinos receiving similar treatment in 2023.
Could Dubai Welcome Crypto Gambling?
Dubai is an international powerhouse that is overflowing with wealth. Many have wondered when it will branch out and welcome gambling of any sort to its shores. As investments pour into the country, Dubai’s business owners are looking to crypto to lead the way. With the growth of crypto across Dubai and the UAE, there’s the chance that it could open the doors to crypto online casinos.
Provably Fair Crash Games Set To Take Off
Crash games were the talk of the town in 2022, and there’s no doubt that they will continue to rise in popularity throughout 2023. The provably fair games with enticing gameplay and fun themes are popular for good reason. They provide fun ways to play that put the chance of winning in your hands.
In 2023, we’re hoping to see more of these games by different software providers, all of which will put their own spin on how the games function and the themes they feature. Having provably fair games that run on the blockchain is another trend that ties in with crash games. It gives players peace of mind as they bet, and we know they’re only going to skyrocket in the coming months.
More NFT Prizes and Payouts
While the crypto market may rise and fall, with NFTs not far behind, there’s no denying that the industry is growing. And as many reject NFTs and the impact that cryptocurrencies have on the world, there are those who look to invest and grow their portfolios. There is already a small number of casinos and Online Slots that use NFTs as prizes. We’re betting on this trend growing in 2023 as more players aim to increase their own gallery of virtual artworks.
Hybrid Casinos Are the Future
Online casinos have long held the title of queen bee, but with the rise of hybrid casinos, where players have the choice of using fiat or cryptocurrency, we expect this trend to take off. While bitcoin casinos are popular as they stand, giving players more options is always a good idea, especially when it comes to how and where they can deposit and withdraw their funds.
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