According to the European Gaming and Betting Association (EGBA) and H2 Gambling Capital, the European gambling market reached €123.4 billion GGR in 2024, with online accounting for 39% of total revenue and still expanding.
The EGBA Key Figures 2025 Edition (PDF) Capital highlights that online casinos are driving this growth, setting the tone for upcoming regulatory and licensing reforms.
See how multi-currency solutions are already implemented in Bankonbet, SpinBuddhaand AmunRa Casino.
Authorities such as GGL, DGOJ and ADM are testing frameworks that allow crypto transactions under existing licenses, provided strict KYC and AML standards are maintained. This paves the way for a true dual-license model covering both fiat and blockchain operations.
Payment providers like Revolut Business, PayPal Crypto, and CoinsPaid now integrate crypto rails directly into banking APIs, enabling hybrid casinos to offer seamless experiences for players across Europe and Latin America.
As reported by Mordor Intelligence, nearly 60% of players aged 25–40 expect to deposit and withdraw in both fiat and crypto — a major driver of hybrid adoption.
Operators run under a single regulatory framework that covers both fiat and crypto transactions — deposits, withdrawals, and reporting — improving transparency and compliance.
Players can hold balances in euros or crypto simultaneously, using Visa, Mastercard, PayPal, BTC, ETH, or USDT without switching accounts.
Bets placed in BTC are instantly converted into the casino’s internal fiat equivalent (EUR or USDT) at live market rates, then converted back on withdrawal.
Every transaction passes through a regulated gateway, while smart contracts and processors undergo independent audits (see EGBA Annual Activity Report 2025) .
Learn more about payout speed and compliance in our Fast Payout Guide.
These operators demonstrate that hybrid infrastructure is already viable and competitive in the iGaming ecosystem.
Hybrid casinos represent the next stage in iGaming’s evolution — merging the security of fiat finance with the efficiency and transparency of blockchain.
For players, this means faster withdrawals and more payment freedom. For operators, it means cross-market resilience and compliance within one license.
By 2026, the dual-license model will likely become the new benchmark for global online gambling.
Prepared by the WinBigCasinos Editorial Team , covering iGaming news, fintech innovation, and regulation across Europe & Latin America.
Published & Updated: October 2025