Since the gambling and sports betting industry is booming year after year, there is a constant influx of new businesses trying to get a piece of the cake. This has proven true in the crypto industry as well, where dapp development platforms like EOS attribute 70 percent of their overall traffic to gambling dapps and TRON attributes 95 percent of its network activity to gambling-related dapps. Ethereum, however, is much less than this at only 2 percent, largely because the DeFi (decentralized finance) industry makes up the majority of network activity. 

Nevertheless, the online gambling and betting market are booming and if you apply the decentralized nature of cryptocurrencies combined with smart contract capabilities, the potential to create something truly revolutionary arises.