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More online casino fans in South Africa lean toward depositing bitcoins into their casino accounts because of unprecedented advantages offered by digital currenciesand the ease of deposit and withdrawal. That’s what our research shows, so we’re here to tell you why Bitcoin is the ideal currency for online casino players.

Why Bitcoin is so good for online gambling

Unlike the US federal government, the governments of Bitcoin-rich countries such as South Africa, have not come under attack for regulating or banning cryptocurrency. This is a tremendous positive, as it allows for digital currency to flourish in countries that, in order to operate, must meet certain compliance requirements.

This allows a lot of gambling operators to develop countries that would have never been able to grow without this innovation. With Bitcoin, they no longer need to go through the hoops of creating and operating a regulated gambling site and the government doesn’t need to interfere. That allows them to operate more efficiently and provide superior, regulated experiences to their customers.

Why South Africans like Bitcoin gambling

In South Africa, we’ve seen one of the largest growth of Bitcoin-accepting online casinos. In fact, we’ve seen growth to be in the vicinity of 1,000%.

We know that online gambling is a very important part of the South African economy. This is why we see more people betting with cryptocurrency than with any other kind of currency and why we want to find out as much as possible about Bitcoin-accepting online casinos so we can keep innovating at the frontiers and continue to grow our client base.

You’ll also be able to read about what our research has found in South Africa that can only benefit the Bitcoin casino industry

Our bitcoin research reports show that the majority of South Africans are extremely enthusiastic about Bitcoin. In fact, it’s the first question people ask when considering a new digital casino to invest in.

This sentiment also appears in online gaming research that we’ve conducted on different countries like Japan, Canada and China as well.

South Africans believe that cryptocurrency will become more common, that Bitcoin is on an exponential path and that it will eventually be used for more than just a speculative vehicle that some believe it to be. This is particularly true in the case of South Africa, where there was a high level of investment in cryptocurrency, and we believe it’s only a matter of time until bitcoin becomes the largest player in the online casino industry.

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