❓What is GambleFi?
Gambling Market Overview
Definition
GambleFi refers to a growing trend that merges elements of online gambling with decentralized finance (DeFi). The goal of GambleFi is to establish a financial ecosystem that enables users to participate in online gambling activities while also taking advantage of the benefits and features offered by decentralized finance.
We offer a distinctive blend of online gambling and decentralized finance (DeFi) by utilizing $USA token and DEDPRZ NFT, allowing users to access a variety of thrilling games and exclusive community perks. After a year of working on generative art and daydreaming of a gamified experience, we are pleased to present an aggregation of token use cases, NFT utilities, user products, and entertainment. This enables users to become a member of a traditional business model with all the benefits and innovations of the DeFi & Web3 space.
Current Market Statistics
The market size of the casino sector globally reached a value of $131 billion in 2021 and the estimated global casino market size value by the end of 2023 is about $263.3 billion.
The global online gambling market size was valued at $63.53 billion in 2022 and is expected to grow at a CAGR of 11.7% from 2023 to 2030.
The combined weight of gambling-related cryptocurrencies is over $150 million with a 6% boost between October 2020 to January 2021.
The number of crypto bets increased by 2.2 in Q1 and Q2 of 2022.
80% of bettors use mobile devices for online gambling.
Top Casinos range from 5-50+ million monthly visitors.
Average Monthly Revenue is in excess of $10-100 Million and yearly up to +$2B.
A 0.1% market share of 2022's $63.5 Billion total revenue estimates that any boutique casino can capture $40-60 Million in the first 12 months of operating.
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