Cryptos are coming to physical Slot Machines - IGT received the patent!

[Oceat]

It is interesting to hear news like this because it contributes greatly to the adoption of cryptocurrency. However, society's adaptation to using encryption needs more time until it is able to use the technology and understand it as required. I think we need a decade for technology to expand further in different regions into the world!!!

It's most likely going to happen requiring decades of adoption until more people are fully aware of the existence of Bitcoin. For now, bigger institution is the best example of Bitcoin adoption until sooner or later more and more like them will join the bandwagon and the price would start to skyrocket to the moon, I don't think people would still turn blind while most people know that the existence of Bitcoin is inevitable.

And for the game in casino, it's actually surprising because we all know that online casino is just a thing for Bitcoin to be used but for now, it seems that the people are finding ways to consider the traditional casino adopt Bitcoin too. I wouldn't be surprised if one day dice game and card games in traditional casino will be using Bitcoin to pay too.

[dunfida]

It is interesting to hear news like this because it contributes greatly to the adoption of cryptocurrency. However, society's adaptation to using encryption needs more time until it is able to use the technology and understand it as required. I think we need a decade for technology to expand further in different regions into the world!!!

It's most likely going to happen requiring decades of adoption until more people are fully aware of the existence of Bitcoin. For now, bigger institution is the best example of Bitcoin adoption until sooner or later more and more like them will join the bandwagon and the price would start to skyrocket to the moon, I don't think people would still turn blind while most people know that the existence of Bitcoin is inevitable.

And for the game in casino, it's actually surprising because we all know that online casino is just a thing for Bitcoin to be used but for now, it seems that the people are finding ways to consider the traditional casino adopt Bitcoin too. I wouldn't be surprised if one day dice game and card games in traditional casino will be using Bitcoin to pay too.

We are open for upgrades or innovation and this tech will surely be applied in future years to come and this will vary into the industry if this one does really have
that significant demand or being asked so badly by most players into the market and that will really be the reason for them to adopt and make it applied into their games.
Cryptocurrency coming to physical slot machines? This is something which is really that interesting where you can make use of your crypto with having that
real slot machine gambling experience.

[Saint-loup]

It is interesting to hear news like this because it contributes greatly to the adoption of cryptocurrency. However, society's adaptation to using encryption needs more time until it is able to use the technology and understand it as required. I think we need a decade for technology to expand further in different regions into the world!!!

It's most likely going to happen requiring decades of adoption until more people are fully aware of the existence of Bitcoin. For now, bigger institution is the best example of Bitcoin adoption until sooner or later more and more like them will join the bandwagon and the price would start to skyrocket to the moon, I don't think people would still turn blind while most people know that the existence of Bitcoin is inevitable.

And for the game in casino, it's actually surprising because we all know that online casino is just a thing for Bitcoin to be used but for now, it seems that the people are finding ways to consider the traditional casino adopt Bitcoin too. I wouldn't be surprised if one day dice game and card games in traditional casino will be using Bitcoin to pay too.

We are open for upgrades or innovation and this tech will surely be applied in future years to come and this will vary into the industry if this one does really have
that significant demand or being asked so badly by most players into the market and that will really be the reason for them to adopt and make it applied into their games.
Cryptocurrency coming to physical slot machines? This is something which is really that interesting where you can make use of your crypto with having that
real slot machine gambling experience.

But why would people prefer to use cryptos instead of classical fiat? 
With credit cards it's more easy to buy casino tokens than to use Bitcoin and waiting for hours while paying huge transaction fees 

[Lorence.xD]

This is great news for gamblers in the crypto community...
Depositing an account via cryptocurrency is much easier nowadays, thanks to the open mind of casino businessmen who are no longer afraid of accepting cryptocurrency at their place even though there is no permission from the government.

It is a good news, but one thing is for sure, cheats and hucksters will definitely be abusing this machine, not being pessimist but new technology on the market is subject to scrutiny and some people are going to deconstruct it to try and make a profit out of it and in rare cases, to learn more about it. Government, won't be a problem for this gambling establishments, the government loves the money that comes from gambling and I think that they wouldn't have any problem with it.

[iTradeChips]

Now, this is the kind of news that we need to spread to many places on the internet, so that many people would be able to read about it, and I am pointing to the gamblers out there. This is the kind of news they would all like to hear. By that they would now be able to use their crypto to their gambling account and this type of system would be deemed attractive to the cryptocurrency using gamblers out there, boosting the crypto gambling ecosystem and maybe pull more customers to use their gambling website and their system.

[KennyR]

Already the cryptomarket is much connected to the gambling sector. Now with this it'll get more and more establishment and market circulation. Many people have mentioned, we need to spread it as much possible. No, that's not needed. It needs to get circulated gradually, because most of the time news of cryptocurrencies associating with gambling has been used for negative manipulation.

[CarnagexD]

With this in mind, cryptocurrency adoption is definitely nearing. People left and right doing their best to innovate the current path of technology to better the services crypto is providing and now we have it on the gambling industry, physical gambling industry at that matter. This is getting more and more exciting.

Already the cryptomarket is much connected to the gambling sector. Now with this it'll get more and more establishment and market circulation. Many people have mentioned, we need to spread it as much possible. No, that's not needed. It needs to get circulated gradually, because most of the time news of cryptocurrencies associating with gambling has been used for negative manipulation.

This is a taste of the things to come. Crypto Gambling may have had a bad face in the past, but with people like the one who invented these, it's obvious that in no time, people will change their opinion about crypto gambling and soon after cryptocurrency in general.

[ReiMomo]

Already the cryptomarket is much connected to the gambling sector. Now with this it'll get more and more establishment and market circulation. Many people have mentioned, we need to spread it as much possible. No, that's not needed. It needs to get circulated gradually, because most of the time news of cryptocurrencies associating with gambling has been used for negative manipulation.

Exactly and I agree with you, using cryptocurrencies in gambling is always prone to fraud and that is the reason why people's mindset is like this it has an assumption that it will use in negative manipulation. With the easiest way of making a payment using cryptocurrencies, gamblers always tend to use this at all times, so there's no reason even the physical slot machines will use this, especially as of now bitcoin was very well known.

However, it is good if they will use crypto or bitcoin because it has a good blockchain that can able to publicly broadcast every transaction made in bitcoin.

[Silberman]

Possibly another boost to the crypto market. The largest manufacturer of slot machines International Game Technology, or IGT, received a patent on 5 Jan, 2021 for a system that would enable gamblers to transfer crypto from their accounts into a “gaming establishment account". So once this system is implemented, the physical casino players wouldn't have to use bitcoin ATM to play slot games!

According to records from the United States Patent and Trademark Office, International Game Technology, or IGT, received a patent today for a system that would enable gamblers to transfer crypto from their accounts into a “gaming establishment account.” The patent filing shows payments in Bitcoin (BTC), Bitcoin Cash (BCH) and Ether (ETH) as examples for users transferring crypto from their private wallets to wallets connected to casino accounts.

“IGT secured this patent to bolster its industry-leading patent portfolio in anticipation of any possible future direction in regulated gaming involving cryptocurrency,” said spokesperson Phil O’Shaughnessy.

News ref: https://cointelegraph.com/news/slot-machine-manufacturer-gets-patent-for-crypto-payment-options

Physical casino gambling market is a few billion dollars industry! Another step towards adoption, I believe!  

This is really interesting news, this gets as close as possible to allow you to play with your cryptocurrencies, in the past if you wanted to play slots then you first needed to convert your cryptocurrencies to fiat, then convert them again to the casino coins or to get credits and then finally you could begin to gamble, with this the only thing you will need is to deposit your coins in the casino wallet, similar to what you already do in online casinos, and then begin to gamble, this is great and it should boost adoption because as we know the gambling industry was key during the early days of this market and it is key to its future as well.