Why We Are Betting on the Blockchain, Interview With Azuro’s Paruyr Shahbazyan

HeadlinesNewsWhy We Are Betting on the Blockchain, Interview With Azuro’s Paruyr Shahbazyan

Share

Why We Are Betting on the Blockchain, Interview With Azuro’s Paruyr Shahbazyan

NewsBTC2 months ago
Published on November 25, 2021 03:57 GMT+00:00edited on November 25, 2021 18:04 GMT+00:00

Share

Online betting, which has always been popular since its inception, saw a dramatic explosion following the start of the pandemic. People desperate for entertainment, when outdoor leisure and sporting events were closed, turned to online forms of entertainment. Online betting was one of the beneficiaries of this new trend with the sector having grown from **$465.76 billion in 2020, to $516.03 billion in 2021, and the market is expected to climb to $674.7 billion in 2025.

However, ask any seasoned online gamer or bettor and they will likely tell you that betting online comes with a host of problems and frustrations for them. These include the lack of transparency and fluctuations of fixed betting odds,  bet settlement delays and even winning bettors having their accounts limited due to the …