IGT Innovation to Bring Bitcoin Payments to Las Vegas Casinos
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International Game Technology Plc has received a patent that could bring cryptocurrency gaming to Las Vegas and other casinos around the world.
IGT is looking to make Bitcoin payments standard in Las Vegas and, over time, other gaming hotspots. (Image: PYMNTS.com)
The US patent is for a system that allows players to “access cryptocurrency from a gaming establishment account.”
IGT spokesman Phil O’Shaughnessy said the move could make crypto payments for slots and other games within regulated markets a reality in the coming years.
IGT to Make Live Crypto Gaming Possible
Casino technology supplier International Game Technology Plc says it has licensed exclusively, rights for its gaming management system Galaxis and its slot management product System2Go, to Modulus Sarl, a Luxembourg company.
The move will allow IGT to concentrate on developing its IGT Advantage casino management system and associated technology for enabling cashless play, said the brand.
In October, Renato Ascoli, IGT’s chief executive for global gaming stated in an online interview with Fantini Research that the Covid-19 pandemic had led to increased interest among casino operators in technology that could enable people to play traditional casino games such as slot machines, without handling cash.