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¡°At the end of the day, we see that the model is not sustainable,¡± says Jason Angelides. ¡°Companies are paying a large bounty, up to $2,000, to acquire a customer and bring them to their apps. Then they provide no differentiation of product. The majority of gaming apps are very similar.¡±

At an online casino, however, you can use a number of different cryptocurrencies to process your deposits and withdrawals. Bitcoin is obviously the most popular, but some casinos accept Ethereum, Litecoin, and other alternatives, too.
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Casinos initially had the same concerns when New Jersey launched internet gambling in Nov. 2013. Luisa Woods is vice president of Delaware North, the gambling, hospitality and sports company that owns casinos in New York, Arizona, Arkansas, Florida, West Virginia and Ohio.

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