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“I’d done everything I could locally to stop myself from doing it, and all of a sudden there was this Hail Mary,” he said. One gambling addict who spoke to NBC News but asked not to be identified said crypto casinos do not offer the same addiction-mitigation features as mainstream gambling services, such as being able to ban yourself. Those with gambling addictions have another reason - a lack of mechanisms to prevent them from playing. “We are a highly regulated industry for good reason: anti-money-laundering concerns, responsible gaming concerns,” Costello added.

casinos and registered sports betting companies. “This segment has exploded in a very short amount of time, and as a decentralized system, it makes it even more difficult to figure out how to go after them,” said Alex Costello, the vice president of government relations at the American Gaming Association, a trade group that lobbies on behalf of U.S. now offer a way to quickly begin gambling, many with few checks on users’ backgrounds. Dozens of websites operating outside the U.S. Internet casinos that offer users a way to gamble using cryptocurrencies are booming, sidestepping regulations while operating and advertising with near impunity.

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