Friday, March 24, 2017

Bitcoin in Casinos?

Another great article on the potential for bitcoin and other cryto-currencies to be used in casinos.  Currently there are alot of online bitcoin casinos but I would highly advise not getting involved with them(or any gambling for that matter!). But the hurdles and obstacles that Bitcoin would face at the moment seem to much.  The chairman of the Nevada Gaming Control Board put it in plain terms: 

 "We have looked at digital currencies and do not find them appropriate for use in casino gaming at this time"

So for now, bitcoin usage could be limited to purchasing hotel rooms, items, etc but probably won't enter into the actual gambling realm for years to come.  Although, one never knows...

1 comment:

  1. I agree that bitcoin would be useless in Casinos because of the age group who plays. If my grandmother learns about bitcoin before I do, I would just give up on life(just kidding but that would be insane).

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