Less Anonymous and More Hybrid Online Casinos Launched

No KYC casinos see release slow down as crypto market correction dominates March and April, meanwhile hybrid sites dominate in 2025. Toronto, Canada – 7 May 2025 – There has been a certain shift in the type of Bitcoin casinos launched in 2025, the website Crypto Lists reports following an analysis of the 680+ sites reviewed by them. The expert team of reviewers are experienced in spotting trends in the crypto casino market and their observations have led to a conclusion of a downward trend in the launch of new no-KYC sites, even if the quality improves. Playing catch up While anonymity-focused casinos had been a certain emergent trend in 2024, this year started with an increase in hybrid casinos offering the best of both worlds. In 2025, over 93% of all online casinos with some crypto deposit method also have support for e-wallets and fiat payments. That is a significant increase from 2024 when around 86% of all reviews on Crypto Lists were hybrid ones, accepting both cryptocurrencies and fiat. Although the team do classify anonymous casinos and no-KYC casinos separately for their audience, when grouped as one larger category it’s observable that eight sites that don’t require documentation have been released to date so far in 2025. By their classification, to be truly anonymous the site must not even ask for personal information such as date of birth on sign up, and only two of those brands fulfil that criterion. For comparison, in 2024, by this point in the year there had only been three of the completely anonymous style of crypto casinos launched. Some of the anonymous casinos from last year have shut down in 2025, making the list of available options even smaller than initially anticipated. It has been a challenging year for new no-KYC casinos although some in the space think that as the wider cryptocurrency market hopefully recovers throughout the remainder of 2025, there’s a possibility that the industry will see an uptick in these launches. Hybrids continue to rise If we observe Crypto Lists’ calculation shows that only 27 crypto casino brands that also accept fiat have been released so far in 2025, compared to 55 in the same period last year, it points to an observable trend. There are fewer pure crypto casinos released, but they make it easier to get started. Many of the newer Bitcoin casinos have opened up for as many deposit methods as possible, both fiat and crypto, in order to target a wider audience. This usually comes with more KYC and less anonymity. Tom White, Head of Content at Crypto Lists, remarks: “While new casinos launching is always a positive, in order to drive in new crypto players there needs to be more crypto-focused, no-KYC sites launching more regularly. This is the desired kind of site for that particular profile of player.” In relation to the above, the crypto payment processing market has become even more fragmented in terms of payment processors, and there are considerably more options now than a year ago. On the one hand, this is a win for customer convenience but on the other it could be argued it’s a negative in regards to creating confusion. Tom White from Crypto Lists says that “drowning in a sea of options springs to mind.” About CryptoLists CryptoLists is a leading review site that covers crypto projects, casinos accepting deposits with cryptocurrencies, and important industry events in this space. Established at the end of 2021, Crypto Lists is committed to providing comprehensive, accurate, and up-to-date information about everything from blockchains and their native tokens to the latest crypto casinos launched, empowering readers to make smarter decisions in the fast-paced worlds of Web3 and iGaming.

Source: Bitcoin World