Casino Operators Optimistic After Bitcoin ATM Launches at Las Vegas Casino

26 May 2014

Operators who are looking to buy bitcoin casino games might be interested in knowing that the first Bitcoin ATM, called Robocoin, was launched in a land-based casino last week. Gaming insiders believe that the machine, which can be found in The D casino in Las Vegas, is about to drastically change the international gaming industry.

Some of the best bitcoin casino games are available online, but the launching of a Bitcoin ATM in one of the most popular Las Vegas casinos shows that the Bitcoin is not only a passing trend. According to Jordan Kelley, CEO of Robocoin, the ATM allows buying and selling Bitcoins, and can hold up to $500,000.

Kelley explained that he expects to launch another Bitcoin ATM in Las Vegas in June 2014, and another five more by the beginning of 2015, maybe even in other casinos.  

Derek Stevens, the casino’s owner, explained that they have already started to accept cryptocurrencies for nongaming transactions since January, and that the client based increased considerably since then. Stevens said that he has observed that the majority of customers who used Bitcoin were from Asia and Europe.

Entrepreneurs who buy Bitcoin casino games should know that the casino was allowed to house the ATM only after the Nevada Gaming Control Board gave their opinion on the security of Robocoin financial transactions.

Playing Bitcoin casino games has become one of the best solutions for gaming enthusiasts all around the world. Cryptocurrencies are a form of virtual money that connects participants of the global casino market, and the Bitcoin can be seen as a worldwide unique instrument of trade.

Casinos have even become the main market that utilizes cryptocurrencies, gambling activities generating more than half of the global use of Bitcoin. The expansion of the Bitcoin in the land-based gaming industry and its fast-growing popularity in the online gambling world proves that this cryptocurrency has the potential to become an attractive investment in the future. Even world-renowned online retailers, such as Overstock.com, are planning to accept payments in Bitcoin in the future.

Operators who seek to buy Bitcoin casino games can take advantage of the rising popularity of this cryptocurrency. An investment in a Bitcoin online casino can be a major launch for operators in the online gaming industry. Bitcoin has proven that it is not only a fad, and  playing Bitcoin casino games is one of the most popular ways to use this currency nowadays.

26 May 2014

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