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Ironically, neither route seems sustainable for Chimpzee, unless it provides a blockchain solution that can attract huge revenue levels by default. Experts suggest it may struggle to reach its 2025 price target of $0.01. Experts predict that the token could rise more than 50x from the current level.
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By using cryptocurrency, there is no method available for banks or other financial authorities to trace the use of money back to online gambling and that alone is a great reason for people in the Arab world to bet using crypto. That being said, we are unlikely see the same rate of growth in crypto gambling in the Arab world as we have witnessed in other regions. An experienced finance professional, Darrel has close to a decade of editorial experience writing about investments and markets at global news outlets. He holds a Bachelor’s Degree in Investment Management from Warwick Business School. In addition to forex, Darrel researches cryptocurrency markets and scams to assist in producing investigative content.
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It is also possible to access online gambling sites from foreign countries without the risk of being found guilty of an offence. However, online gambling is not regulated in Morocco and that includes betting online using cryptocurrency. There is much talk of the future of crypto gambling and there has been a lot of interest in the Arab world. However, online gambling or any form of gambling in Arabic nations is not the same as many other countries around the world, such as those in Europe and North America.
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