Las Vegas casinos adopt new form of currency: Bitcoin

Bitcoins

Who needs poker chips?

There’s a new currency coming to Las Vegas casinos: the Bitcoin.

Starting Wednesday, The D Las Vegas Casino Hotel and Golden Gate Hotel & Casino will begin collecting the digital currency that merchants increasingly are starting to accept.

The two downtown Vegas properties, which share an owner, will accept the currency at five locations, including their front desks and the D’s Gift Shop. Guests also can use the currency at the D Hotel’s American Coney Island hot dog shop and Joe Vicari’s Andiamo Italian Steakhouse.

Alas, they won’t be able to gamble with them just yet.

The Bitcoin purchases will be processed through BitPay, which allows merchants to accept Bitcoins just as they would Visa, MasterCard or Paypal.

Bitcoin has been around for years, but it is slowly gaining traction among mainstream merchants. Last week, online discount retailer Overstock.com began accepting Bitcoins.

Read More at USA Today

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