22 Jan '14, 4pm

2 Las Vegas Casinos Take Bitcoin, But Not for Gambling

2 Las Vegas Casinos Take Bitcoin, But Not for Gambling

Two Las Vegas casinos, the D Las Vegas Casino Hotel and Golden Gate Hotel & Casino, have announced they are accepting bitcoins, but don't expect to use them at the craps tables. Bitcoin will only be accepted at the front desk of the two locations, at the gift shop and at on-site restaurants, according to CoinDesk . Derek Stevens, co-owner and CEO of both the D and Golden Gate, told the publication that bitcoins won't be accepted on the casino floor because of ongoing concerns from state regulators. See also: How Coinbase Became the Top-Funded Bitcoin Startup The locations will use BitPay to process the payments, which are made via tablets and phones. The Golden Gate, built in 1906, is the oldest casino in Las Vegas. The brand likes to style itself as a technology innovator and claims to have been the first casino to install a telephone, in 1907. The casinos' embrace of Bit...

Full article: http://mashable.com/2014/01/22/las-vegas-casinos-bitcoin/

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