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Blockchain in iGaming 2025: New Revenue Opportunities

Vitaliy Basiuk
Contributor
Alissa Adams
Editor Fact checked
January 7, 2025 | UPD: January 7, 2025 | 9 mins min. reading | 112

Blockchain in iGaming 2025: New Revenue Opportunities

Introducing blockchain into iGaming is not a simple modernization of the existing technology but the creation of a new paradigm in which reliability is built into the very architecture of gaming engines. The more and more we learn about how blockchain is implemented in iGaming, the more we realize that this new technology changes not only the manner of gaming but also the way it is perceived.

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FAQ

What are the challenges of integrating blockchain into iGaming?

A number of challenges surround the integration of blockchain into the industry, which every provider must go through to fully understand and utilize its capabilities. First, there is the complexity of blockchain technology, which means that it requires a lot of expertise and resources to fully implement. Another challenge lies at the level of adoption by users, as players may be reluctant to adopt new technologies without a proper understanding and awareness of their benefits.

Are blockchain-based casinos legal?

Legality varies from jurisdiction to jurisdiction, and regulations regarding both online gambling and digital currencies often differ from state to state. Several other countries do not yet have blockchain compliant regulatory frameworks; therefore, the operation of such blockchain casinos may be subject to legality concerns by traders and participants. Therefore, it is vital for blockchain casinos to educate themselves intensively and obtain licenses in order to operate legally in certain markets.

Is blockchain technology more efficient than traditional gaming systems?

Blockchain technology provides a number of advantages over the traditional gaming system: first and foremost, it concerns transparency and security. Blockchain excludes intermediaries and thus reduces dealing costs and turnaround time, thus smoothing the overall experience for both operators and players. Many procedures are also automated through smart contracts, which decrease administrative costs and minimize the possibility of human error.

Categories:
Blockchain
iGaming
Written by
Vitaliy Basiuk
CEO & Founder

Written by Vitaliy Basiuk
CEO & Founder at EvaCodes | Blockchain Enthusiast | Providing software development solutions in the blockchain industry

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