Are there any Live Casino In world that Accept Cryptocurrency and pay in crypto? - page 2.

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Quote from: fennic on December 12, 2022, 01:19:41 PM

I was wondering today that if there are casino that started accepting crypto as payment and if someone wants to payback in crypto, are there any casinos available.
According to me I have not heard anything yet but in future this might happen cause when crypto adoption will come than we might see these Casino bosses to accept crypto and other alts.
What are your thoughts on this?

in my country, the average casino offline players don't have a piece of good knowledge of bitcoin and crypto, so i doubt the success of crypto-based offline casinos here, but there is one thing that i see is getting better is more and more online casino players are popping up and they are talking about crypto casinos there. as time goes by, new, fresher, and advanced thinking will continue to emerge and in the next few decades, i predict my country will be filled with offline crypto casinos ^{(i pretty sure it's only a matter of time)}

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Quote from: Desmong on December 12, 2022, 05:14:22 PM

Quote from: fennic on December 12, 2022, 01:19:41 PM

I was wondering today that if there are casino that started accepting crypto as payment and if someone wants to payback in crypto, are there any casinos available.
According to me I have not heard anything yet but in future this might happen cause when crypto adoption will come than we might see these Casino bosses to accept crypto and other alts.
What are your thoughts on this?

I hope to so that soon in my region. It is very hard nowadays to see a crypto live casinos that attempt Bitcoin because of the strict rules the government has that many be supportive to local currency. What I know is online casinos that supports the use of Crypto for deposit and withdrawals. This one is very common to us.

I will ask saying concerning casino how was it that it is very difficult before you can see casino games offline especially the centre, which which can accept Bitcoin all support Bitcoin, I will agree with you that all this kind of casino centers prefer Fiat currency than cryptocurrency because it's in the range of their demands. Why does ones who is online to accept crypto payment or cryptocurrency deposit so that is the different between the offline and online, I think I will agree with you in your statement

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There are lots of cryptocurrency casinos on the internet, but not many casinos that accept cryptocurrency in the real world. There are a few exceptions, though.

The D Las Vegas Casino Hotel is one of them and I think it was also the first in Las Vegas to accept bitcoins as a payment method. It's a hotel and casino located in downtown Las Vegas.

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Quote from: fennic on December 12, 2022, 01:19:41 PM

I was wondering today that if there are casino that started accepting crypto as payment and if someone wants to payback in crypto, are there any casinos available.
According to me I have not heard anything yet but in future this might happen cause when crypto adoption will come than we might see these Casino bosses to accept crypto and other alts.
What are your thoughts on this?

Maybe none as of this moment since it wasn't necessary after all to accept crypto payments.

Many people will still choose the much-improved fiat digital payment to be used while in the gambling place. Much fast, quick, and just almost a 1-tap.

Crypto is also considered mostly as an investment. Adoption will take place but still it will not change as how them majority treats bitcoin out of its purpose.

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Quote from: fennic on December 12, 2022, 01:19:41 PM

I was wondering today that if there are casino that started accepting crypto as payment and if someone wants to payback in crypto, are there any casinos available.
According to me I have not heard anything yet but in future this might happen cause when crypto adoption will come than we might see these Casino bosses to accept crypto and other alts.
What are your thoughts on this?

Frankly, I don't really have any reason why a physical casino would need to include cryptocurrency on their platform as a mode of payment, especially that when you go into a casino that you'll need to trade your money for tokens or chips to play on most of the games such as card games. Also, anyone can just withdraw or trade their crypto to fiat so that they can use it in these establishments.

Anyways, it's likely that we can see crypto payments for these chips and tokens on casinos soon with how great online crypto casinos are going great right now such as Stake.

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Quote from: fennic on December 12, 2022, 01:19:41 PM

I was wondering today that if there are casino that started accepting crypto as payment and if someone wants to payback in crypto, are there any casinos available.
According to me I have not heard anything yet but in future this might happen cause when crypto adoption will come than we might see these Casino bosses to accept crypto and other alts.
What are your thoughts on this?

The possibilities of a live casino accepting Bitcoin or other cryptocurrencies would be largely determined by the country's laws. Bitcoin friendly countries has the higher tendency of accepting Bitcoin than countries that restricts cryptocurrency transactions. Countries like Central African Republic and El Salvador might have casinos offering such services because Bitcoin is a legal tender there and they would receive all the support and assistance from government officials. In my location, Bitcoin usage is still very low due to unfavorable government policies, hence I have never come across any casino that accepts crypto currencies or pay for wins using Bitcoin or others.

Saisher

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Quote from: fennic on December 12, 2022, 01:19:41 PM

I was wondering today that if there are casino that started accepting crypto as payment and if someone wants to payback in crypto, are there any casinos available.
According to me I have not heard anything yet but in future this might happen cause when crypto adoption will come than we might see these Casino bosses to accept crypto and other alts.
What are your thoughts on this?

Of course, there are, we are in Cryptocurrency adoption and the majority of industries and countries are already accepting it, although this kind of casino is heavily regulated they are open to maximizing and expansion of their business and one of them is accepting Cryptocurrency here in our country there are traders who will trade your Cryptocurrency to chips that you can use to bet I have read one article about people gambling their profit from Cryptocurrency in live casinos, casinos already welcome Cryptocurrency directly or indirectly.

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Quote from: fennic on December 12, 2022, 01:19:41 PM

I was wondering today that if there are casino that started accepting crypto as payment and if someone wants to payback in crypto, are there any casinos available.
According to me I have not heard anything yet but in future this might happen cause when crypto adoption will come than we might see these Casino bosses to accept crypto and other alts.
What are your thoughts on this?

Not sure about this but I think, none as of the moment.

The possibility and chances of these physical casinos adopting or integrating crypto on one of their payment methods in the future are not even close to impossible but don't expect it to happen right away. There are lots of convenient payment methods out there that's why maybe, you might not see crypto-payment in those gambling establishments for now.

Anyhow, gamblers really don't care if crypto payments aren't available yet in physical casinos. That's not even a mass-demand request.

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AFAIK there currently isn't one just yet. Most are still sticking to their preference "cash is king" and would really not let go of that preference no matter what. They already have built their networks and user base that are willing and ready to use cash any time and choose the platform's service no matter the circumstances. Also, for them it's easier to hold cash and use it to pay for their winners than switching back and forth from 1 currency to another just to satisfy what the gambler wants. At least, what they have right now is pretty straightforward.

Desmong

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Quote from: fennic on December 12, 2022, 01:19:41 PM

I was wondering today that if there are casino that started accepting crypto as payment and if someone wants to payback in crypto, are there any casinos available.
According to me I have not heard anything yet but in future this might happen cause when crypto adoption will come than we might see these Casino bosses to accept crypto and other alts.
What are your thoughts on this?

I hope to so that soon in my region. It is very hard nowadays to see a crypto live casinos that attempt Bitcoin because of the strict rules the government has that many be supportive to local currency. What I know is online casinos that supports the use of Crypto for deposit and withdrawals. This one is very common to us.

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They might do that but only for stablecoins for initial runs.
Imagine you playing live casino using Bitcoin or Ethereum and then a dump suddenly happened. What would you feel? Like having bad luck in the casino itself and then more bad luck because of the market volatility.
Businesses don't want to use cryptocurrencies as an option for payment mainly because of that. They'd just stick with fiat and let it run for as long as it can until the market stabilizes and that's when they will inject cryptocurrencies.

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I don't think there's anything difficult about Live Casino accepting cryptocurrency payments. After all, they give out tokens in return or credit the machine's account. So I'm sure the casino will accept cryptocurrency payments in jurisdictions where cryptocurrency is not banned. But it seems to me that such payments are more suitable for online casinos. In real casinos it is easier to use fiat.

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Quote from: romero121 on December 12, 2022, 04:17:26 PM

I'm not sure, but there are chances of cryptocurrency acceptance from live Casinos. In most of the Casinos the amount will be paid and recieved in the format of chips. The chips carry the value, based on what we've paid we'll get the number of chips.

IGT working towards creating a machine that accepts bitcoin payments in land-based casinos, it is safe to say that bitcoin will soon be accepted in brick-and-mortar casinos, Source: Web

so far, no casino yet is on the path of paying winnings via crypto. yes, they are accepting crypto as payment but they are converting it to chips so you can play the game. in this manner, you are not directly using btc or crypto to play the game. also, ive read that some casinos also have btc ATM outside their jurisdiction. it means, you need to convert your btc first to fiat before you can use inside the casino. maybe in time, some of these casinos will have a bold move of accepting directly crypto from the users. as we are going digital, and crypto is becoming popular, for sure these casinos are considering such payment option. they just need to check also the government protocols when it comes to this currency.

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So far there is no Brick and Mortar casino that accept Bitcoin. The only slot provider that has a plan and secured a patent of implementing Bitcoin payment in a Brick and Mortar is IGT as stated in the earlier reply. Thought there are Bitcoin ATM in Las Vegas[1] that is ready to convert your Bitcoin to Cash if ever you forget to bring a good amount of cash to gamble. But their exchange rate fee is quite high.

[1] https://casinosblockchain.io/brick-and-mortar-bitcoin-casinos/

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if you ask about physical or land casinos I haven't really seen it where I am but I think they prefer fiat money over crypto it doesn't mean they don't like crypto but maybe they have to cash the crypto into fiat money so it can be used again for other gamblers who want to cash out their fiat money from gambling wins, but maybe in the future it will be adopted as well

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Quote from: coin-investor on December 12, 2022, 04:18:07 PM

There are already and since they are physical casinos there's little information on the internet, you have to trade Cryptocurrency for chips to be able to bet, I just don't know if many are paying Cryptocurrency because Cryptocurrency is highly volatile so its a case to case basis for every casino, it is accepted in a country where Cryptocurrency is a very popular and accepted form of payment in the future where major industries in the world adopt Cryptocurrency, majority of live casinos all over the world will accept as a form of payment.

Since I've known casino game and the cryptocurrency casino gambling platform have not seen a centre at casino game offline accept internet playing of casino even in the country I do I haven't experienced such or in campus center of casino manually or physical where we participate in casino is internet aspect of it not offline

coin-investor

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There are already and since they are physical casinos there's little information on the internet, you have to trade Cryptocurrency for chips to be able to bet, I just don't know if many are paying Cryptocurrency because Cryptocurrency is highly volatile so its a case to case basis for every casino, it is accepted in a country where Cryptocurrency is a very popular and accepted form of payment in the future where major industries in the world adopt Cryptocurrency, majority of live casinos all over the world will accept as a form of payment.

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I'm not sure, but there are chances of cryptocurrency acceptance from live Casinos. In most of the Casinos the amount will be paid and recieved in the format of chips. The chips carry the value, based on what we've paid we'll get the number of chips.

IGT working towards creating a machine that accepts bitcoin payments in land-based casinos, it is safe to say that bitcoin will soon be accepted in brick-and-mortar casinos, Source: Web

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Quote from: fennic on December 12, 2022, 01:19:41 PM

I was wondering today that if there are casino that started accepting crypto as payment and if someone wants to payback in crypto, are there any casinos available.
According to me I have not heard anything yet but in future this might happen cause when crypto adoption will come than we might see these Casino bosses to accept crypto and other alts.
What are your thoughts on this?

Physical casinos are still not accepting cryptocurrency as mode of their payment but maybe they are already working with this one, and maybe some are already working for the license to operate and accept cryptocurrency since the adoption is slowly growing and we really need to adopt this change. In time, we might see most of the casinos to have this for now just gamble online with your cryptos.

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Quote from: fennic on December 12, 2022, 01:19:41 PM

I was wondering today that if there are casino that started accepting crypto as payment and if someone wants to payback in crypto, are there any casinos available.
According to me I have not heard anything yet but in future this might happen cause when crypto adoption will come than we might see these Casino bosses to accept crypto and other alts.
What are your thoughts on this?

That is a lot of work behind this for physical casinos to accept crypto,sure they need a technical team to keep up with their wallet,of course some such casinos have the possibility financially to implement it and the only ones who can make it so are the big ones like Regency,Caesars,the well known big physical ones.

I doubt we will see this implemented in the future though,who in their right mind would go and play with crypto in a place full of people and risking his privacy when he can very well do so by playing online,having more options like more slot machines to choose from so I don't see it implemented anytime soon as I see no real interest in such implementation.

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