GambleFi Estimated to Have Become a $95 Billion Industry: TG Casino is a Top Gambling Crypto Project to Watch in 2024

The convergence of decentralised finance (DeFi) with traditional online gambling, giving rise to the GambleFi sector, is now estimated to have become a $95 billion industry. This emerging trend within the Web3 space not only showcases the appeal of gambling but also explores the potential economic growth facilitated by blockchain technology and DeFi solutions.

TG Casino stands out as a key player in the GambleFi sector, having successfully concluded its presale for their $TGC native token on 21 December 2023 – raising $5 million USD.

GambleFi represents the integration of DeFi technology with the concept of online gambling. Despite gambling’s longstanding popularity, the infusion of blockchain and decentralised finance solutions opens new avenues within the Web3 space.

With the online gambling market reaching an estimated value of $95 billion and projected annual growth rates of 8-9%, the potential for substantial industry expansion is evident.

The adoption of Web3 technology in

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