Las Vegas Casinos Jump Into Bitcoin

image credit: Miss Shari/Flickr

Less then a week after Bitcoin makes its presence in the professional sports market, the crypto-currency is now showing its face in Sin City.

Beginning on Wednesday, both the D and Golden Gate casinos in Las Vegas will be accepting Bitcoin as payment for goods and services.

There will be a total five locations within the casinos’ premises allowing payment in Bitcoin. Those locations include both hotel front desks, the D gift shop, American Coney Island and Joe Vicari’s Andiamo Italian Steakhouse.

Derek Stevens, co-owner of both casinos said in a statement that he is “proud that the D and Golden Gate will be the first casino properties to accept bitcoin.”

“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.” Said Stevens.

Neither casino will be accepting the digital money for gambling purposes due to a Gaming Control Board decision to hold off on the currency’s entrance into the gambling side of things.

Derek Stevens agrees with the Gaming Control Board’s decision to keep Bitcoin away from gambling.

“I think it’s too early with the technology,” he told the Las Vegas Review. “We need a lot more information.”

This is yet another giant step forward for the young digital currency that is red hot as of late with its real-world applications.

Besides making its way in with the Sacramento Kings basketball team, Bitcoin has also recently been accepted by retailer Overstock.com , travel site cheapair.com and gaming site Zynga.

Paul Lawrance writes for Eyes Open Report, where this article first appeared.