Bitcoin To Make Las Vegas Debut

Not for gambling/gaming...yet
Two Casino-Hotels In Downtown Will Start Accepting Bitcoin Tomorrow

Bitcoin will make its Las Vegas debut tomorrow.

Forbes reported that on Wednesday the first Las Vegas casino will start allowing guests to use the digital currency in lieu of cash. The casinos are The D Las Vegas Casino Hotel and the Golden Gate Hotel & Casino. They both have the same owners and are located off the Strip in Downtown, Las Vegas, home to an emerging technology scene.

Bitcoin will not be accepted on the gaming floor of the casinos, (at least not yet) but instead at five locations, which include hotel front desks and restaurants. The use of Bitcoin will be facilitated by tablets and mobile interfaces, according to Forbes.

It would of course require complete regulatory approval before ever being allowed in transactions related to brick-and-mortar gambling in the Silver State.

?I?m proud that the D and Golden Gate will be the first casino properties to accept Bitcoin,? Derek Stevens, co-owner of the casino-hotels said.

?We?re located in the growing high-tech sector of downtown Las Vegas, and like all things downtown, we?re quickly adaptive to new technology. The timing is right for us to launch this initiative, and I?m happy to be able to offer this to our customers.?

Prior to coming to Las Vegas, Bitcoin gained tremendous popularity around the world. The digital currency has even made its way into the online poker world. The most recent game developer to try its hand at Bitcoin was Zynga, though it?s not going to be available yet for its highly played poker application. Zynga is Facebook?s cash cow.

The currency has been controversial at times, though. Late last year, an online Bitcoin-fueled marketplace that sold drugs and other illegal goods was shut down by the feds. Its founder was also accused of trying to use Bitcoins to take out a hit on someone.

Another milestone for Bitcoin came last fall, when the world?s first Bitcoin ATM debuted in a Vancouver, Canada coffee shop. The machine converts Bitcoins into Canadian dollars.

The booming popularity of digital currency prompted lawmakers on Capitol Hill to hold their first ever hearing on the topic in November. In the meeting, there was testimony that reiterated the point that Bitcoin isn?t illegal, but it just carries potential risks. Some want more regulation.

saw that on the local news tonight. bitcoins will soar to 4k plus if this is the case. However if it is less anonymous and becomes more regulated whats the point in converting your USD to BTC?

Wow yeah that bitcoin is becoming a huge phemomina, its really taking off all over the world and is being accepted by a lot of odd ball companies that you would have never thought would take bitcoin.`

im sure im late and out of tpouch but hat are bit coins

One question I have is how does this work with the anti-money laundering rules that the casinos are supposed to follow?

say no to banks!!! go bitcoin..............the future

i don't understand the whole bitcoin deal, where do you buy them and how expensive are they?

thanks for the helpful info whoop bit coins for future and good luck out there on the felts shits getting nuts

I think this is good news for people who already have bitcoin and are worried about the volatility. I have said it before and I will say it again I wish I hadn't sold my SWC chips 4 months ago....

Guess casinos are desperate for cash. Bitcoin does carry some risks but I guess we'll see.

It really blows my mind how Bitcoin has continued to take off. The crazy swings and slight instability just seems like a recipe for disaster.

what are they can someone please explain == thank you

What is the definition of a bitcoin? What does it do?

well i hope it catches on but im shure the government will find away to tax it

I have the same question where do u get Bitcoins, and how this work like a currency, there is no bank for it, and there is nothing who can say u have a bitcoin

I'm not familiar with bitcoin. Is it from one poker site or is it a universal currency shared by several of them?

I always used to think it was called "bigcoin". Sorry guys.

I really don't see this being approved. How can a casino comply with money-laundering regs with a currency that has no paper trail?

Cash iz and always shall be KING. .!.

could someone tell me more about bitcoin i hear it can get you rich?????????????

just read an article that bitcoin is soon to be out of commission, sorry to those who have it

wow i cant believe bitcoins are actually going to be used in casinos now. kinda suspicious of it though maybe another way 2 track down people who were selling things and services on silk road just think about it

sounds like a scam tell me if they get you

very interesting post, i didnt know that, bitcoin? where i can find more info?, thanks

im confused about bitcoins could someone give me the down low on this new craze??

less than 50 people own over 92% its rigged.

bitcoin is crazy....i hate howthe value drops crqaay and people panic...wih the exchange was more stable

id feel more comfortable investing at tht point....but all looks legit dont think its a scam....but it is risky that all the bots are trading onthose exchanges sites which causes drops suckkss

wish i understood more about playing with bitcoin instead of just playing on swc ha

and is coinbase.com that works with bitcoin and selling it or is there better places?

yes bitcoin is the future but it is so unpredictable i dont see it taking over anytime soon

Glad to here the world start to take notice of the new technology. Its been long time coming and its gone to be beautiful

My neighbor had bitcoins when they were barely becoming popular. It's actually pretty safe I believe you can buy a Ferrari with one if you want. It's only going to get more and more popular even tho it has been up and down up and down but just like any markets out there. I think it will be the future :)

Bitcoin is worse than amway and herbalife put together.