Tourists visiting the gambling and entertainment mecca of the US can now get their cryptocurrency at The D Las Vegas Casino Hotel. The D has partnered with Robocoin, a fellow Las Vegas-based company, to place a bitcoin ATM inside its casino.
The machine allows users to both buy and sell the currency. Derek Stevens, CEO of the D Las Vegas Casino Hotel, said in a statement:
"We're proud to be the first casino property to accept bitcoin and we're excited to offer our customers the convenience of a bitcoin ATM."Vegas and Compliance
The D Casino Hotel is located downtown on Fremont Street, distanced from the main Las Vegas Strip. Stevens refers to this area of Las Vegas as a "growing high-tech hub". Earlier this year, the casino became the first to accept bitcoin for hotel stays, restaurants and gifts shop items. However, The D does not currently accept bitcoin for its gaming operations. The Nevada Gaming Control Board would have to approve [bitcoin for gambling], which seems unlikely for the foreseeable future," said Sam Glaser, Robocoin's CMO.
However, D Casino Hotel's Stevens previously told CoinDesk he thinks the Nevada Gaming Commission is closely looking is closely looking at bitcoin for future use. Jordan Kelly, CEO of Robocoin, says bringing a bitcoin ATM to the compliance heavy market of Las Vegas is a sign of progress:
"[We're launching] in the highly regulated state of Nevada. These are all signs of bitcoin maturity and institutional acceptance."Source: coindesk.com