Jon MatonisFounding DirectorBitcoin Foundation

State of the Market:Bitcoin in Gambling

Future Prediction

“Within 5 years, half of the top ten iGaming

operators will be bitcoin-only.”

Bitcoin Is Ideal Digital Casino Chip

▪ Immediacy

▪ Privacy

▪ Irreversibility

Disruption Comes From Your Blind Spot

▪ Bitcoin is the competitive wedge in

gambling (new unit of account)

▪ Legacy structures become bypassed and

new markets open up

▪ Disruption doesn’t come from within

(Uber, AirBnB, Expedia, Samsung)

Disruption Comes From Your Blind Spot

▪ Bitcoin payments and pay-outs are ideal

for unregulated markets

▪ Provably fair cryptographic techniques

replace dependency on eCOGRA

▪ No bank accounts required

Evolution of Bitcoin Gaming (2010-15)

1. Rewards based MMORPG

2. Early wagering precursors

3. Professional content and bookmaking

4. Blended operations (future?)

Bitcoin Statistics in iGaming

▪ In past 24 hours, $15.3 million was

wagered over 27.1 million bitcoin bets

-@TheBitcoinStrip (14-Mar-2015)

▪ Over 40% of bitcoin transaction volume

today is related to payments for online

gaming

Bitcoin Statistics in iGaming

▪ There are currently over 150 bitcoin-only

gaming operators worldwide

▪ Bitcoin gaming operators lead the web

advertising market with 50%+ ads

▪ 100% of countries can be reached via the

bitcoin payment option

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@jonmatonis