Conventional Casinos Open up to Bitcoin GamblingPublished November 11, 2015 by Florin P
The currency of the future embraced by today’s top casinos.
The online casino niche is so competitive that not even the industry leaders can afford to stand still and resist change. As Internet casinos are trying to stay ahead of the curve, one thing they can’t ignore is the increasing popularity of Bitcoin gambling. The crypto currency is routinely used by people from all over the world to purchase goods and perform financial transactions, but also for the purpose of gambling.
Bitcoin Ensure a Fair Gaming Environment
One of the reasons for why major casinos such as Omni Slots Casino and Jubise Casino are accepting bitcoin transactions is that gamblers now fully realized their advantages. In addition to allowing them to perform quick deposits and withdrawals in perfect anonymity, the crypto currency is also the driving force of a fairer gambling industry.
The concept of provably fair casinos has gained so much traction that it is now virtually impossible to ignore the advantages. For the first time gamblers can see how the outcome of each game was decided and how the random number generator works. Instead of doubting the fairness of the online casinos and questioning the predetermined outcomes, players can now rest assured that the games are perfectly fair.
Mainstream Casinos Still on the Fence
Industry leaders have resisted the idea of shifting to bitcoins and there are still many who don’t allow players to deposit and wager in crypto currency. The good news is that they find it increasingly difficult to get stuck into the past, as they risk alienating existing customers while have a deterring effect on prospective ones. Even conservative ones are now contemplating the possibility of at least experimenting with crypto currency and once the wheels are set in motion Bitcoin gambling becomes a certainty.
Bitcoin is now recognized as a genuine currency in most countries all over the world and there are top technologies simplifying its use. Online casinos that made the necessary adjustments are now benefiting from an influx of customers coming mostly from countries where online gambling is prohibited. Local authorities have very little to do against these Internet casinos, which can use the crypto currency to bypass antigambling laws.