Cryptocurrency Emerges As A Key Catalyst In The Expansion Of Global Sports Wagering

Benzinga

The global sports wagering market is projected to nearly double by 2030, with crypto and blockchain driving faster payments, lower fees, and broader adoption. Regulators say digital assets are reshaping the betting ecosystem as crypto sportsbooks push new levels of efficiency and flexibility.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:03The global sports wagering market is forecast to surge from $108.92 billion in 2024 to $198.53

00:11billion by 2030, expanding at a compound annual growth rate of rate of about 10%,

00:17according to research in markets. Speaking at the International Association of Gaming Regulators,

00:22Gambling Commission CEO Andrew Rhodes highlighted cryptocurrency's growing influence,

00:26calling it a major force shaping the future of the betting ecosystem.

00:31Blockchain and digital assets are driving faster settlements, lower fees, and greater transparency,

00:37while privacy and cross-border flexibility are fueling user adoption.

00:42Crypto sportsbooks also benefit from reduced overheads, enabling better odds and promotions,

00:47signaling a new phase of tech-driven transformation across global wagering.

00:51Please play responsibly.

00:53If you or someone you know has a gambling problem, help is available.

00:57Call 1-800-GAMBLER.

00:59For all things money, visit Benzinga.com.

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