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Topic: Will there be physical casinos operating with cryptos in the future? (Read 887 times)

full member
Activity: 1008
Merit: 101
It is possible just like many businesses that adapts to the blockchain technology together with the use of cryptos. You can just go to that casino without bringing cash and buy some chips or credits to gamble by paying bitcoin or ethereum.
You are right crypto currency has become very common all over the world now. We can see crypto has started to use for buying goods, in many companies and allot of other industries so I think it should now involve in gambling as well. In gambling earning crypto is best way to gain future savvier.
member
Activity: 207
Merit: 22
I see the possibility of this in the future.
Since cryptocurrency most especially Bitcoin will lost like be the future coin, so there is a possibility of this happening.
But the thing is if some countries will permit this considering the fact that gambling is also been under sanction in some countries.
legendary
Activity: 2338
Merit: 1261
Heisenberg
I see physical casinos as something of yesterday... Whether they adopt cryptocurrencies or not. It's not really of much significance.
Every service is now resorting to use the internet.
Shopping, gambling, contracts etc, people are finding it more and more convenient to do there things online rather than in physical addresses.

Beside most countries restrict casinos and gambling so doing it online will one of the best ways to circumvent these bans and so the physical casinos are only going to become less and less popular with time.
hero member
Activity: 2268
Merit: 960
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Maybe some casinos already accept cryptocurrency payment to buy chips / gaming chips / casino tokens. I don't think replacing these "icons" would be a good idea because it won't feel the same...

You should watch more Hollywood movies mate.

 there aren't any USA physical casinos accept crypto. Maybe in some foreign countries where the price of a hooker is less than the cost of a condom 🤷‍♀️

member
Activity: 616
Merit: 30
Maybe some casinos already accept cryptocurrency payment to buy chips / gaming chips / casino tokens. I don't think replacing these "icons" would be a good idea because it won't feel the same...

You should watch more Hollywood movies mate.
Yeah the Essenes of physical casino from the starts are having chips as betting accessories and changing this into virtual is not in the concept I think,maybe casinos are accepting bitcoin to buy chips as payments to purchase chips and will sell out also to bitcoin after the game but betting thru crypto won’t never happen I guess
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
Nobody know about the future so it might be happened and that's also definitly good idea and if someday this is really happen i think people can easier to play at those casinos even not necessary to have big bag to bringing money because with use cypto people can exchange their money to chips use their smartphone
legendary
Activity: 2030
Merit: 1189
My thoughts here, I wonder if in the future, physical casinos will use cryptos

I know casinos use coins to spend inside and them people can exchange these coins to fiat money again

But maybe a casino can use cryptos inside, you buy a card with BTC or LTC for example, and you can play with this card


Have you ever think about his? What is you opinion guys?

In my opinion, it will defeat the purpose of online gambling- which is to provide convenience and anonymity among users in the gambling scene. The reason on why most people gamble online nowadays is for their safety. To be able to use cryptocurrencies as the medium for gambling makes it more convenient to people who possess such currency and resource.

I also believe that people are still open to the idea of going to casinos and exchange their resources for BTC as this may also be an avenue or like a community for people to discuss matters relating to bitcoin, and not to gambling perse.

Well, if you really think about it, one of the major reasons why there aren't more casinos is simply because it is so hard to acquire a gambling license.

By using cryptocurrencies instead of fiat, these new casinos would essentially bypass that restriction and allow anybody to gamble, even those under the age of 18.
hero member
Activity: 2268
Merit: 789
My thoughts here, I wonder if in the future, physical casinos will use cryptos

I know casinos use coins to spend inside and them people can exchange these coins to fiat money again

But maybe a casino can use cryptos inside, you buy a card with BTC or LTC for example, and you can play with this card


Have you ever think about his? What is you opinion guys?

In my opinion, it will defeat the purpose of online gambling- which is to provide convenience and anonymity among users in the gambling scene. The reason on why most people gamble online nowadays is for their safety. To be able to use cryptocurrencies as the medium for gambling makes it more convenient to people who possess such currency and resource.

I also believe that people are still open to the idea of going to casinos and exchange their resources for BTC as this may also be an avenue or like a community for people to discuss matters relating to bitcoin, and not to gambling perse.
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
My thoughts here, I wonder if in the future, physical casinos will use cryptos

I know casinos use coins to spend inside and them people can exchange these coins to fiat money again

But maybe a casino can use cryptos inside, you buy a card with BTC or LTC for example, and you can play with this card


Have you ever think about his? What is you opinion guys?
Have thought about it before and the chance for physical casinos to accept cryptocurrency in the future is high due to the ease, benefit and innovation which crypto can give to business owners. However, I don't think it will be long before we see physical casinos implementing crypto payment system cause I saw a physical casino bounty posted in the altcoin section when surfing through the forum a couple of days back which wants to integrate crypto payment.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
For now I've never seen any physical casino making use of crypto but if it ever happens, then it's a great mainstream approach for crypto since casino games are gaining more widespread attention globally. Well nothing is impossible, this should happen in future.

We have not yet seen any physical casino but soon, after the crypto spreads in all country and there is more country accepting crypto, and for the country which allows gambling are accepting crypto too, the crypto will be used in the gambling and all sectors. We need to spread crypto in all places so more people will know about crypto and that means, the cryptocurrency will have more chance to grow.

When the crypto can be used in our real life, it will be a big step for humankind because we have another method to the transaction, not just in the gambling but also in another field.
hero member
Activity: 2366
Merit: 594
It is possible just like many businesses that adapts to the blockchain technology together with the use of cryptos. You can just go to that casino without bringing cash and buy some chips or credits to gamble by paying bitcoin or ethereum.
hero member
Activity: 1246
Merit: 588


There a lot of breaches in this, if you have a wallet you can transfer more than 10k instantly to you hardware wallet adress, I don't know how government os USA will deal with these situations, it's something completely new and I have to say, it's very hard, even for me who like cryptos, to imagine all possibly scenarios where cryptos can be inserted and the laws to prevent frauds like this one about 10k limit

Let's hope USA and all another countries do something good to cryptos  Smiley
I am also not so sure if how are the US authority are going to do it but there must be a way to do it as it has been discussed multiple times already in reddit. That's why you should have to be very careful travelling to this countries bringing your own hardware wallet as they might be going to check it. Unless, the authorities in the said airports are clueless about the drives you are bringing in to their countries.
hero member
Activity: 3052
Merit: 685
My thoughts here, I wonder if in the future, physical casinos will use cryptos

I know casinos use coins to spend inside and them people can exchange these coins to fiat money again

But maybe a casino can use cryptos inside, you buy a card with BTC or LTC for example, and you can play with this card


Have you ever think about his? What is you opinion guys?

It's possible to happen gambling and Cryptocurrency can go together, and if I'm a gambler I would love to see buy a token with my Crypto's and gamblers would love to see ATM Cryptocurrency inside the casinos too, it's a good promotion for Cryptocurrency among gamblers.

Indeed, that would help to grow the crypto gambling industry, not only in online but also in physical casino and it would be a good development if we will see a casino that accepts bitcoin as it would give an idea to a traditional gambler that there's a better way to gamble.
legendary
Activity: 2450
Merit: 1047
My thoughts here, I wonder if in the future, physical casinos will use cryptos

I know casinos use coins to spend inside and them people can exchange these coins to fiat money again

But maybe a casino can use cryptos inside, you buy a card with BTC or LTC for example, and you can play with this card


Have you ever think about his? What is you opinion guys?

It's possible to happen gambling and Cryptocurrency can go together, and if I'm a gambler I would love to see buy a token with my Crypto's and gamblers would love to see ATM Cryptocurrency inside the casinos too, it's a good promotion for Cryptocurrency among gamblers.
sr. member
Activity: 1792
Merit: 264
Maybe it will happen in the future when the adoption is already widely spread, it will be great if some traditional land casino try to accept crypto, but it will point to one question will there be any verification or kyc to withdraw or using it, people used crypto to gamble because anonymity, although it sound great but there are a lot to consider to used crypto in land casino
The main reason why we use the crypto casinos is provided anonymity by the crypto gambling sites. It will become harder to hide the identity in the real physical casino, I doubt there will be real physical crypto casinos in the near future.

it is possible that in the future there will be some traditional casino managers who can implement this so that they can receive crypto, but if Kyc is needed by every user who wants to enjoy related services, I think everyone will object to the rules given so there is no freedom to use the services provided
full member
Activity: 1344
Merit: 110
SOL.BIOKRIPT.COM
It is possible I think. But maybe they won't be using chips anymore and will just be automated, like Bitcoin ATM whenever a player wants to gamble, all he has to do is swipe or scan a QR code and then he could play. This maybe when the time crypto or Bitcoin will really be a primary currency around the globe.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
My thoughts here, I wonder if in the future, physical casinos will use cryptos

I know casinos use coins to spend inside and them people can exchange these coins to fiat money again

But maybe a casino can use cryptos inside, you buy a card with BTC or LTC for example, and you can play with this card


Have you ever think about his? What is you opinion guys?
People use crypto currencies to gamble in crypto casinos to keep their identity hidden and maintain their privacy. Now if people uses physical casino, then they no longer remain anonymous. Again, physical casinos might be rigged, but a legit online crypto casino can never be rigged. Each bets placed can be manually verified in online crypto casino.
legendary
Activity: 2366
Merit: 1408
Maybe it will happen in the future when the adoption is already widely spread, it will be great if some traditional land casino try to accept crypto, but it will point to one question will there be any verification or kyc to withdraw or using it, people used crypto to gamble because anonymity, although it sound great but there are a lot to consider to used crypto in land casino
The main reason why we use the crypto casinos is provided anonymity by the crypto gambling sites. It will become harder to hide the identity in the real physical casino, I doubt there will be real physical crypto casinos in the near future.

There are a few countries which is crypto friendly
Think about a small country where riches can do everything related to crypto, there's a great opportunity to open a crypto casino and crypto stores...

Some small countries have opportunities to riches keep their money secure and do some incentives to people move there, it's not hard to belive this kind of thought applying to cryptos
sr. member
Activity: 1330
Merit: 289
For now I've never seen any physical casino making use of crypto but if it ever happens, then it's a great mainstream approach for crypto since casino games are gaining more widespread attention globally. Well nothing is impossible, this should happen in future.
member
Activity: 574
Merit: 10
That never happened if in my opinion. Because many people here who prefer online gambling use crypto and some who like to go straight to the casino using the coins they convert. So, however, these two casinos will remain as usual and never unite in the sense of a physical casino cannot use crypto. So people can still choose to play directly or online.
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