The rise of cryptocurrencies and the continued acceptance of these tokens as a medium of exchange led to the emergence of a number of crypto gambling sites in a gambling industry that had already experienced significant growth over the last few decades. 

While it is great to see cryptocurrencies enjoying a use case in this industry, the unethical actions of several crypto-gambling sites, such as the ones unraveled by digital investigations journalist Sanya Burgess, look to overshadow their legitimacy.

Genesis Of Burgess’ Investigation

The investigative piece, published by Sky News, provides deep insights into the unethical and what some may consider “immoral” actions of several online crypto casinos that look to feed on the naivety and addiction of compulsive gamblers as part of their business model.

Burgess began her piece by stating how a video of music artist Drake promoting the foremost online crypto casino platform, Stake.com, piqued her curiosity. The Canadian artist is known to be an ambassador of the platform, with him posting several live streams and bets he has made on the crypto gambling site as part of the deal.

However, Drake wasn’t exactly the focus of the piece (his promotion of the platform is legal) but only a catalyst that spurred Burgess to dig deep into the “controversial world of crypto casinos.” Following this, she was able to uncover “some troubling practices in this online community.”

Insights Into The Crypto Gambling Industry

Before going on, it is worth mentioning that crypto casinos are illegal

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Author: Scott Matherson

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