Why Europe’s Crypto Casino Black Market Tripled in Six Years

3 days ago 1

Rommie Analytics

A new industry study makes a striking claim. Europe’s illegal online gambling market has tripled since 2019, now worth €12 billion and equal to a quarter of the entire online gambling sector.

It’s not the size of the growth that is most striking, but the study’s reason behind it. It isn’t happening despite regulation. In several of the biggest cases, it’s happening because of specific regulatory choices.

Euromat Black Market Study

The study is described by its authors as the most detailed analysis of illegal online gambling ever conducted in Europe. It was built on over 1,000 hours of forensic digital-marketing and web-traffic analysis covering 28 European markets (the EU27 minus Malta and Luxembourg, plus the UK, Serbia, and Montenegro).

It fou...

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