Evolution Gaming: Crypto Player Behaviour & Payments Flow
Former CEO of Crypto Operator
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Evolution Gaming: Crypto Player Behaviour & Payments Flow(March 5, 2024)
Former CEO of Crypto Operator
The executive has over a decade experience in the iGaming industry. The executive has held senior rolls for iGaming operators with a focus on unregulated markets and most recently led a crypto operator with >$100m of annual GGR.
Interview Transcript
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That's another question I had. Last time we chatted, we discussed this, but I'm curious if you have any examples of periods where crypto was doing either very well or very poorly and what effect that has on your monthly GGR.
When crypto is in a bear market, the volume of deposits always decreases. Conversely, when it's in a bull run, it increases. However, the effect on the percentage depends on the situation. The worse the situation, the worse our situation. Not all players are traders. Some just hold their money in crypto. Some want to avoid issues with payments because when you pay with a bank card, the bank always asks for KYC and proof of address, which can be annoying. With cryptocurrency, there are no questions asked.
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