Cryptocurrencies were more likely to be used for gambling in Ecuador than in Brazil or other countries in Latin America. This was according to a survey held in seven different countries across the region. Argentina stands out in the survey, as seven percent of Argentinians respondents said they used a digital wallet when gambling in the past month, almost doubling the average of Latin America.
Share of consumers in selected countries in Latin America who used cryptocurrency to pay for gambling in 2024
Argentina, Brazil, Chile, Colombia, Ecuador, Central and South America, Mexico, Peru
Survey time period
May to June 2024
Number of respondents
3,544 respondents
Age group
18 years and older
Special properties
Consumers
Method of interview
Online survey
Supplementary notes
The source phrased the question as follows: "Which of the following payment methods have you used in the past month when making payments online for each of the following? For gambling"
The results have been weighted to represent the entire population.
The source did not survey respondents from the Asia-Pacific region, the Middle East, or Africa.
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Paysafe Group. (August 12, 2024). Share of consumers in selected countries in Latin America who used cryptocurrency to pay for gambling in 2024 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1537699/crypto-use-for-gambling-in-latin-america/
Paysafe Group. "Share of consumers in selected countries in Latin America who used cryptocurrency to pay for gambling in 2024." Chart. August 12, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1537699/crypto-use-for-gambling-in-latin-america/
Paysafe Group. (2024). Share of consumers in selected countries in Latin America who used cryptocurrency to pay for gambling in 2024. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1537699/crypto-use-for-gambling-in-latin-america/
Paysafe Group. "Share of Consumers in Selected Countries in Latin America Who Used Cryptocurrency to Pay for Gambling in 2024." Statista, Statista Inc., 12 Aug 2024, https://www.statista.com/statistics/1537699/crypto-use-for-gambling-in-latin-america/
Paysafe Group, Share of consumers in selected countries in Latin America who used cryptocurrency to pay for gambling in 2024 Statista, https://www.statista.com/statistics/1537699/crypto-use-for-gambling-in-latin-america/ (last visited December 22, 2024)
Share of consumers in selected countries in Latin America who used cryptocurrency to pay for gambling in 2024 [Graph], Paysafe Group, August 12, 2024. [Online]. Available: https://www.statista.com/statistics/1537699/crypto-use-for-gambling-in-latin-america/
