Why should they? Getting physical casino credits can be done online, fast, and quickly within just a few seconds. Online payment and everything is digital now in fiat. And for a common person visiting a casino, hard cash is still the most convenient way.
I don't know how it will become convenient. If we have crypto, then it's easier to use it on a crypto gambling website, of course.
Why cross-borders if the purpose is just to gamble?
Topic: Will physical casinos accept crypto someday? - page 11. (Read 2038 times)
Gambling in the real world where I live is still strictly prohibited and of course its existence is still very difficult to visit. Usually it is often found in urban areas. nightclubs, and big bars that pay taxes to the government, so they are free to operate. While the rest is considered illegal and if identified by the authorities you will certainly be subject to sanctions and risk worse than that.
Therefore, online gambling is something that is still liked even though there are bars and gambling places near the house. Without the need for physical contact that often causes riots when you drink a glass of beer and a womanizer. Betting online is not only safe but you also don't have to worry about the time limit.
Therefore, online gambling is something that is still liked even though there are bars and gambling places near the house. Without the need for physical contact that often causes riots when you drink a glass of beer and a womanizer. Betting online is not only safe but you also don't have to worry about the time limit.
It is still a process that is still opening up. The system is not totally free now as you still have restrictions even with online casinos that ask for KYC. Physically, you have some government making hate speech about cryptocurrency except the government that are adopting like El Salvador, it can commence from there but is a gradual process and casino is yet to be a popular physically gambling setting to start adoption of cryptocurrency. It could take more 5-10 years for that to start happening.
...No KYC, means freedom.
Freedom until you win a significant amount that is. Online casinos have a clause to ask for KYC if they feel they need to. Most of them are moving towards compliance so they stay in business.Quote
I've been wondering what's been holding back real world casinos from adopting crypto? It is because they fear a government crackdown? Or because of crypto's volatility?
They are already regulated so the likely answer is the price volatility. Another possible reason is they have to stay liquid all the time since there are customers who prefer payment in fiat over bitcoin.Quote
With how popular crypto/Blockchain tech is right now, there should be at least one physical casino you can go to and place your bets with crypto.
I think they found a workaround to this. There are some casinos that allow installation of bitcoin ATMs in the vicinity. Gamblers can simply encash there and play. 
sadly there isn't. but for what it's worth at least there is some adoption going on. it may be slow but it is still progress.
for instance, resort world las vegas, a resort casino. in the article below it is said that they will accept cryptocurrency on select services when they opened again last June. sure the services may not be on gambling but at least they started adopting. who knows maybe in few years they start accepting cryptocurrency to their gambling too.
https://globetrender.com/2021/06/17/resorts-world-las-vegas-cryptocurrency-payments/
also, this
https://www.bloomberg.com/news/articles/2021-01-05/gamblers-could-use-bitcoin-at-slot-machines-with-this-new-patent
for instance, resort world las vegas, a resort casino. in the article below it is said that they will accept cryptocurrency on select services when they opened again last June. sure the services may not be on gambling but at least they started adopting. who knows maybe in few years they start accepting cryptocurrency to their gambling too.
https://globetrender.com/2021/06/17/resorts-world-las-vegas-cryptocurrency-payments/
also, this
https://www.bloomberg.com/news/articles/2021-01-05/gamblers-could-use-bitcoin-at-slot-machines-with-this-new-patent
There are plethora of online casinos (gambling sites) which accept popular cryptocurrencies like Bitcoin and Ethereum. This is good because you can place your bets anonymously without all of the hurdles involved with Fiat. No KYC, means freedom. The only downside is that you'll be missing the experience of gambling in a real world setting. Physical interaction is not the same as going virtual.
I've been wondering what's been holding back real world casinos from adopting crypto? It is because they fear a government crackdown? Or because of crypto's volatility? With how popular crypto/Blockchain tech is right now, there should be at least one physical casino you can go to and place your bets with crypto. Thoughts?
I've been wondering what's been holding back real world casinos from adopting crypto? It is because they fear a government crackdown? Or because of crypto's volatility? With how popular crypto/Blockchain tech is right now, there should be at least one physical casino you can go to and place your bets with crypto. Thoughts?
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