This is too good to be true proposal. I can't find any source besides the link attached. I want to know what major company behind this idea especially since its focusing on crypto. The one who proposed this doesn't how much risk they will gonna get for entering physical crypto in US. I will believe this if the proposal location is on El Salvador or other country that is will known for being open for cryptocurrency.
SEC is hesitant to accept physical backed Bitcoin ETF. So I doubt that a physical crypto casino can get easily established out there but still a good news for crypto holders if this really happens.
It is not wrong that anything that is good for crypto adoption is ideal for all of us to exist, as this expectedly impact the market and in turn impact us as well like what @mindrust stated.
Any crypto adoption is good. In this situation, it is a huge step.
However, questions such as those mentioned by @kryptqnick, also came across my mind and what could be the consequences of building such.
The article is based on a pitch, so it doesn't mean that this will actually happen. Also, when I tried googling a crypto-trading floor, all search results are basically about this very pitch, so my question remains: what's a crypto-trading floor? Does it mean that, apart from a casino, there will be basically a physical crypto exchange? Will any fiat be involved on this crypto-trading floor, and will there be crypto or fiat payments in the casino itself? And what will be tax implications be if any event of crypto trading apparently calls for a tax report in the US?
I also have my doubts about this but I wanna stay positive about the idea. Let us all just wait for this to surface and hope for the best. I am really hopeful that this could actually bring many positive for the industry and public awareness.
ya.ya.yo!