Subscribe for notification
Bitcoin Casino News

Why Land Based Casinos Are Not Offering Bitcoin Any Time Soon

Casinos And Bitcoin

Bitcoin is the perfect currency for gambling and not only does it offer advantages for players but also the operators. It is therefore surprising not to see more land based casinos offer players the option to withdraw or deposit in BTC. If they were to use Bitcoins and not cash it would cut down financial transaction fees along with helping the business to be more efficient.

If the trend of cryptocurrency adoption continues there will at some point in the near future have to offer this service to cater for their customer need. Below I explore the reasons why land based casinos do not offer Bitcoin payments.

[adrotate group=”1″]

One of the main barriers that needs to be overcome is the laws in certain jurisdictions do not allow Bitcoin as a payment method. They do not see it as real money but things are changing fast. Japan has taken the lead and recently announced it as legal tender for payments. If it is successful others around the world will follow Japans lead and this should help relax casino laws that presently do not allow it.

A large number of land based casinos would like to offer Bitcoin as they see it opening the doors to a brand new market. There are lots of young tech savvy players that use BTC and it is an area that casinos would like to exploit.

It would also make casinos safer as there would not be mountains of cash flowing around the floor. It is estimated that up to 95% of transactions are in cash. If there were to start using blockchain technology and Bitcoin payments, they would have a transparent ledger and not a bag full of cash.

Read the full article below from Coin Desk about Bitcoin and Casinos by clicking the link below:

As shown by a Google search for ‘bitcoin casino’, bitcoins and gambling go together like two pedals on the same bike. Bitcoin’s appeal as a cheap, efficient and low-key means of transmitting money has made it a hit among both online bettors and operators seeking reduced fees, lower chargeback […]

Click here to view original web page at Why You Won’t See Bitcoin in a Casino Anytime Soon

This post was last modified on May 14, 2021 1:01 am


I am the founder of Bitcoin Casino No Deposit Bonus and have been studying concurrency technology since 2013. I have been traveling South East Asia for the last 6 years and am a huge gaming fans that takes part in eSports competitions. I love relaxing on a evening watching the sun set with a cold beer and great music. I also teach other travelers how to become digital nomads so they can become free of the system.

View Comments

Published by

Recent Posts

  • Bitcoin Casino Bonus Code

Spela Casino Bonus Codes – Coupons July 2021

Spela Free Spins Bonus Code Spela Casino doesn’t demand that punters sign-up enjoy a good…

1 week ago (Last updated)
  • Bitcoin Casino Bonus Code

Genesis Casino Bonus Codes – Free Spins July 2021

Genesis Casino Free Bonus 2021   Genesis Casino offers newbies a generous welcome package after setting…

4 weeks ago (Last updated)
  • Bitcoin Casino Bonus Code

Vegas Hero Casino Bonus Codes – Free Spins July 2021

Vegas Hero Promo Code  Newbies will fall in love with the Vegas Hero bonus package…

4 weeks ago (Last updated)
  • Bitcoin Casino Bonus Code

Sloty Casino Promo Codes – Coupons July 2021

Sloty Free Spins Bonus 2020  A very famous and reputable European online casino that takes…

1 month ago (Last updated)
  • Bitcoin Casino Bonus Code

SpinIt Casino Bonus Codes – Free Spins July 2021

SpinIt Casino Coupons  SpinIt Casino offers newbies an amazing welcome package. Punters get the golden…

1 month ago (Last updated)
  • Bitcoin Casino Bonus Code

Casino Cruise Promo Codes – Free Spins July 2021

Casino Cruise Free Bonus  The Casino Cruise gambling platform goes all out with its welcome…

1 month ago (Last updated)

Gambling is restricted in the USA. Several states that include New Jersey and Pennsylvania allow online gambling to persons over 21 years. Land-based casinos are legal in most states. Know your limits when gambling and stay within your budget. If you have a problem with gambling make sure you ask for help. Copyright © Bitcoin Casino No Deposit Bonus 2020 - All Rights Reserved