VC fund predicts growth for crypto casino sector
Crypto casinos have been backed to continue experiencing eye-catching growth in 2025 and beyond by the founder of a venture capital fund that focuses specifically on the gambling sector.
Many experts are predicting an explosion in interest in cryptocurrencies in the coming months, partly due to presidential election results that will see Donald Trump return to the White House.
Trump has regularly spoken in favour of crypto in recent times and he is widely expected to relax regulations for the industry, potentially boosting the growth of crypto casino sites.
Tom Waterhouse, who is the founder of Waterhouse VC, highlighted Brazil as a key driver of gambling growth in 2024 and picked out South Africa as one of the top markets to watch.
But in an interview with Yogonet, the finance specialist suggested the crypto casino sub-sector has been experiencing triple-digit growth annually.
He added: “Operating outside traditional tax and compliance structures which are costly for operators, these operators are able to innovate rapidly and are redefining the wagering experience, making wagering fun and social through streaming and interactive experiences.”
The next year seems set to be challenging for some operators in established markets such as the UK, which are looking into more stringent regulation for the online betting industry.
But with newer markets proving more welcoming for operators such as crypto casinos, there are still going to be opportunities for growth in 2025 according to the Waterhouse VC head.
“Peer-to-peer casino games are making the experience social, sports betting is becoming more immersive. The convergence of blockchain and gaming is also accelerating, making the overall wagering market increasingly global,” said Waterhouse.
“From a regulatory perspective, the pattern of emerging markets embracing new frameworks, while more mature markets tighten their rules is likely to persist. Focusing on the technology suppliers has shielded us from this unpredictable regulatory environment.”
The comments from the VC fund founder come as crypto gaming platform Winna.com announced that it had raised a total of $15 million in seed funding.
Winna.com’s co-founder and chief executive, Paul Martens, confirmed that the crypto casino will have an Anjouan gaming licence coming into force in January, making it safe and legal to use.
More than 4,000 slots are available to play at the new crypto casino, while it also has a great crypto-first sports betting site covering all the major US markets like NFL, NBA, UFC and MLB.
