Stake falls, Rainbet, Thrill and 500 Casino rise. Cryptocasinos - February 2026 results
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Stake falls, Rainbet, Thrill and 500 Casino rise. Cryptocasinos - February 2026 results
Traditionally, we summarise the month in cryptogambling.
Top 5 by market share (sum of deposits per month in brackets):
The volume of deposits at Stake decreased by about a quarter, the volume at Rainbet increased by almost 40%. Thrill ($64 million, +84% monthly growth) and 500 Casino ($39 million, +43%) moved into the top 10.
Falling Stake
The simplest and most likely explanation is seasonality. February is traditionally a weak month for key geo platforms (India, Canada, etc.), and a short month (28 vs 31 days) mechanically gives ~10% of decline in MoM comparisons.
On the positive side, Stake has obtained a 5-year licence in Denmark and is preparing to enter the regulated market, where it previously operated in the grey market.
Rainbet's growth
There was no specific February trigger. Most likely, the growth was due to the continuing effect of the contract with top streamer Adin Ross and the transfer of part of the audience from Stake.
About Thrill
Product from UK streamer AyeZee (200k subscribers on Kick), launched in August 2025. The growth in deposits is likely due to the addition of new streamer Jamie (12.5k subscribers on Kick) and the distribution of no deposit bonuses through the TG.
AyeZee attracts viewers to Thrill through referral leaderboards. Players sign up using the streamer's promo code, each bet is converted into XP and goes towards a 10-day leaderboard that pays out $200k to the winners (first place - $50k). Over a month that's three cycles and $600k in prize money.
About 500 Casino
500 Casino (formerly CSGO500) is one of the oldest skin gambling sites, operating since 2016 and has evolved into a full-fledged crypto product with betting and CS2 marketplace.
In February, the platform launched $1M Royale, a weekly tournament with a prize pool of $250k (first place was $75k) - aggressive marketing for a relatively small brand. Given the low base, such a muv probably gave a +43% month-to-month gain.
Data source: Tanzanite
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