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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 currenciesover the traditional casino games.
Bitcoin gambling is still fairly rare in South Africa, although it has had a steady presence in many casino websites, latest casino slots free. According to data from cryptocurrency gaming research platform Coinhills, South Africa hosted some 15 bitcoin gambling websites at the start of 2017. The online gambling industry is expected to grow to more than half a billion in 2020, latest casino news south africa.
As an alternative to traditional gambling, bitcoin and digital tokens are ideal for cryptocurrency fans, who can play online without the worry of having access to a bank account. This means that South African casinos are well positioned to capture the growing gambling market.
But there are still many concerns about the security of digital coins and cryptocurrencies worldwide, south casino africa latest news. In light of high-profile hacks and security breaches within some cryptocurrency platforms, online gambling is likely to see a rise in regulation.
With the rising number of cryptocurrency options, both South Africans and those who travel to other countries to play online casinos are likely to discover South Africa as a safe haven for online casino fans.
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