The first hotel casino accepting bitcoin

[ChiBitCTy]

Currently on a kick trying to find as much St Petersburg FL ESPN BitPay Bitcoin Bowl game stuff.  Anyways what I do have is both the yBitcoin magazines that were created for the event.  This was back in 2014 and man there are some really cool /interesting/funny/lame/laughable things in there...2014 bitcoin wasn't known well at all so this game was a big big deal.  Anyways came across this ad in one of the ybitcoin magazines and figured it'd be worth sharing..

  
Anyone know what RC Robocoin is/was? Anyways the D  Las Vegas claims to be first.  https://www.thed.com/casino/

Can anyone counter on that claim?  




From this mag -

[GreatArkansas]

Good news for everyone, this is also the first time I have seen some posts or articles that the first physical hotel casino accepting Bitcoin.

I am curious how it is being done. Will we be only able to use Bitcoin to buy chips and cash out the chips?  I am hoping the spread on buy/sell prices is not that really high and will not hurt you.

[danherbias07]

Thanks for sharing @ChiBitCTy. It's the first time I heard about this. It's appropriate for both gambling discussions and Bitcoin discussions.

The new owners completed a $22 million renovation and rebranding to become the D Las Vegas in Fall 2012.[18] The letter D stands for "downtown", and also refers to Derek Stevens' nickname, and the Stevens' hometown of Detroit.[19] The remodel gave the property a more modern feel, including the addition of dancing dealers in table games. The second-floor casino has a "Vintage Vegas" theme featuring the only operational Sigma Derby game in Las Vegas.[20]

In late 2013, the D became the first casino in the world to accept bitcoin for hotel rooms, restaurants, and gift shop items. Additionally, a bitcoin ATM was installed next to the gaming floor where customers can buy and sell bitcoin instantly for cash.[27]

https://en.wikipedia.org/wiki/The_D_Las_Vegas

It came from Wiki so can we say that it's legitimate they are the first casino to accept Bitcoin? And a Bitcoin ATM. Hmmm, I hope they kept that machine because it will now be part of history and I bet it will become a rare item someday (maybe even now) and someone will buy it from them at a high price as a collective item that tells the history of Bitcoin.

[sunsilk]

It came from Wiki so can we say that it's legitimate they are the first casino to accept Bitcoin? And a Bitcoin ATM. Hmmm, I hope they kept that machine because it will now be part of history and I bet it will become a rare item someday (maybe even now) and someone will buy it from them at a high price as a collective item that tells the history of Bitcoin.

That's possible if someone who has been to theD most times saw that Bitcoin ATM. I can't info about that and even in their website, it doesn't say much.

So going there needs booking before someone gets there or this is just another way of admitting guests on them since they're not just a casino, they also are a hotel and have other lodging services.

I hope someone who has been there can share somehow their experience how it went on those early days. I'm pretty sure people from that at that year spent a lot of BTCs for betting.

[Natalim]

And these are the prices of bitcoins that year.

https://calendar.bitbo.io/price/2014/

Bitcoin Price in 2014

Beginning of year Price: $770.44
Highest Price: $951.39 on January 6, 2014
Lowest Price: $309.87 on December 30, 2014
End of year Price: $319.70

As you can see, Bitcoin wasn’t that popular back then, judging by its price. This hotel casino played a big role in introducing Bitcoin to more people. No wonder Bitcoin gambling became even more popular as time went on. Establishments like these, which supported Bitcoin during its early stages, really helped pave the way for its growth and exposure, so they need to be recognized.

[Stepstowealth]

Good news for everyone, this is also the first time I have seen some posts or articles that the first physical hotel casino accepting Bitcoin.

This is the first time for me as well because I have actually heard of hotels that accept bitcoins as means of payment for hotel bills but not hotel physical casinos accepting bitcoin for payment. It is a new innovation and just like other new innovations they always give the innovator an edge over other companies or establishments that have the same business. Maybe owning this physical casino that accepts bitcoin will motivate them to open up an online casino to be able to reach more people and not just people in their hotel to gamble.

[tread93]

Good news for everyone, this is also the first time I have seen some posts or articles that the first physical hotel casino accepting Bitcoin.

I am curious how it is being done. Will we be only able to use Bitcoin to buy chips and cash out the chips?  I am hoping the spread on buy/sell prices is not that really high and will not hurt you.

Thats quite something an all accepting bitcoin venue. Everything can be transacted in crypto. Wow, pretty sweet deal if you ask me! I have to hand it to Chi he has not given up on his search for the ticket stubs! I hope you find this one day m8, surely its out there in some forgotten drawer and the owner you see probably doesn't even know about them!! At least right now

[Kelward]

Good news for everyone, this is also the first time I have seen some posts or articles that the first physical hotel casino accepting Bitcoin.

This is the first time for me as well because I have actually heard of hotels that accept bitcoins as means of payment for hotel bills but not hotel physical casinos accepting bitcoin for payment. It is a new innovation and just like other new innovations they always give the innovator an edge over other companies or establishments that have the same business. Maybe owning this physical casino that accepts bitcoin will motivate them to open up an online casino to be able to reach more people and not just people in their hotel to gamble.

I haven't given much thought to this before but hearing it now I also think that it's a great innovation for hotel casinos to accept Bitcoin. This will help to drive the adoption of Bitcoin, guests that are not into Bitcoin can give a short at it to make deposits and eventually begin to use it for other purposes. Other physical casinos and hotels can also take the initiative from this hotel casino and begin to also accept Bitcoin, it's a win win for the casinos and Bitcoin, the casinos will get more Bitcoin holder customers and hopeful adoption of Bitcoin by none holders.

[Koadharber]

Good news for everyone, this is also the first time I have seen some posts or articles that the first physical hotel casino accepting Bitcoin.

I am curious how it is being done. Will we be only able to use Bitcoin to buy chips and cash out the chips?  I am hoping the spread on buy/sell prices is not that really high and will not hurt you.

Anything that pertains about adoption or recognition or integration on any industries out there which is always that a good thing since we are seeing that adaption and recognition is really that on the move.
With these kind of acceptance or application of Bitcoin in terms of payment then pretty much sure that it will really be that mostly be talking about payment terms and  set up on which same as you said that this will really be that talking about Bitcoin to be used on buying chips and able to cash out possibly with Bitcoin directly and other correlated things as well.  Hope that we will really be seeing even more casinos
that will really be accepting Bitcoin specially into those physical places on which at least those gamblers offline will really be able to at least wary about Bitcoins existence at least.

[Fivestar4everMVP]

Good news for everyone, this is also the first time I have seen some posts or articles that the first physical hotel casino accepting Bitcoin.

I am curious how it is being done. Will we be only able to use Bitcoin to buy chips and cash out the chips?  I am hoping the spread on buy/sell prices is not that really high and will not hurt you.

Well, like it's done with normal fiat cash payment, I am guessing it's also the same with Bitcoin payment.

You walk into the Casino to gamble, walk up straight to the cashier to buy chips and opt to pay in bitcoin instead of fiat, they provide you with a bitcoin address to send funds to with the equivalent amount of bitcoin to send depending on what you requested for, you send the bitcoin, the confirm the payment and then release your chips to you, I guess it's this simple.

And when you want to cash out your chip and receive payment in bitcoin as well, you follow the same process but in reverse, that is return the chips, they calculate how much it's worth in total, find out the equivalent amount in bitcoin, you make your address available and the funds will be sent to your bitcoin wallet..

And as for their exchange rate, we never can know until someone walks in there to test this out and return back here with an update, but on the norm, their exchange rate should be the same with the market.

[mammusu]

Good news for everyone, this is also the first time I have seen some posts or articles that the first physical hotel casino accepting Bitcoin.

This is the first time for me as well because I have actually heard of hotels that accept bitcoins as means of payment for hotel bills but not hotel physical casinos accepting bitcoin for payment. It is a new innovation and just like other new innovations they always give the innovator an edge over other companies or establishments that have the same business. Maybe owning this physical casino that accepts bitcoin will motivate them to open up an online casino to be able to reach more people and not just people in their hotel to gamble.

The times require every business to be able to take innovative and smart steps to retain or attract customers, what the casino hotel is doing is certainly one of the right steps given the development and also the enormous popularity of bitcoin today, indeed online casinos are the originator in the application of bitcoin as one the options for gambling choices, but nowadays many traditional hotels and casinos have actually started to open up to bitcoin,  although before we very rarely hear of hotels or casinos that accept bitcoin as payment given the different regulations in each country, because I think if now people are starting can be accept bitcoin as an alternative that can be a solution to many problems that exist in our sector of life, especially finance sector.

[Fivestar4everMVP]

Good news for everyone, this is also the first time I have seen some posts or articles that the first physical hotel casino accepting Bitcoin.

This is the first time for me as well because I have actually heard of hotels that accept bitcoins as means of payment for hotel bills but not hotel physical casinos accepting bitcoin for payment. It is a new innovation and just like other new innovations they always give the innovator an edge over other companies or establishments that have the same business. Maybe owning this physical casino that accepts bitcoin will motivate them to open up an online casino to be able to reach more people and not just people in their hotel to gamble.

The times require every business to be able to take innovative and smart steps to retain or attract customers, what the casino hotel is doing is certainly one of the right steps given the development and also the enormous popularity of bitcoin today, indeed online casinos are the originator in the application of bitcoin as one the options for gambling choices, but nowadays many traditional hotels and casinos have actually started to open up to bitcoin,  although before we very rarely hear of hotels or casinos that accept bitcoin as payment given the different regulations in each country, because I think if now people are starting can be accept bitcoin as an alternative that can be a solution to many problems that exist in our sector of life, especially finance sector.

You are right and I completely agree wit you, Trump winning the US presidential election have opened alot of doors to bitcoin and increased its popularity, this is why I am of the opinion that we are yet to see the best of bitcoin and the entire crypto market at large, lets actually wait until Trump is sweared in as the president of the United States of America, and him begin to fulfill his campaign promises as regards to making America the headquarter of bitcoin, I trust that alot of business around the would, not just physical casinos alone, will rush to start accepting bitcoin, as a way to attract customers because many people around the world will also be adopting bitcoin as their major payment options for goods and services.

I think the time is near when we as gamblers will no longer be able to spend our cryptos on online casinos alone, I will be very happy to see more and more offline casinos introduce crypto payment into their system, not just bitcoin alone.

[Alphakilo]

I love the headline on the second magazine - yBitcoin - Introducing the Future of Money. These guys were fortune tellers. This is what having visionary leaders is all about.

In late 2013, the D became the first casino in the world to accept bitcoin for hotel rooms, restaurants, and gift shop items. Additionally, a bitcoin ATM was installed next to the gaming floor where customers can buy and sell bitcoin instantly for cash.[27]

https://en.wikipedia.org/wiki/The_D_Las_Vegas

It came from Wiki so can we say that it's legitimate they are the first casino to accept Bitcoin? And a Bitcoin ATM. Hmmm, I hope they kept that machine because it will now be part of history and I bet it will become a rare item someday (maybe even now) and someone will buy it from them at a high price as a collective item that tells the history of Bitcoin.

As at 2013 they started to accept bitcoin, these guys were way ahead of their time leaving now to think of the other bitcoin technologies that they have already started their application in the hotel only to be revealed to the world in the next 15 years. At that time, they will also be recorded to be the first to incorporate it.

The wiki link mentioned that it was handed over to new management in 2012  who started this. I seached to see it I could find a name but didn't. I would like to read more about the new owners. They are bitcoiners is what I can guess.

[kotajikikox]

Currently on a kick trying to find as much St Petersburg FL ESPN BitPay Bitcoin Bowl game stuff.  Anyways what I do have is both the yBitcoin magazines that were created for the event.  This was back in 2014 and man there are some really cool /interesting/funny/lame/laughable things in there...2014 bitcoin wasn't known well at all so this game was a big big deal.  Anyways came across this ad in one of the ybitcoin magazines and figured it'd be worth sharing..

This was back in 2014 where only a few people knew about Bitcoin, let alone trusted it enough to buy and use it. I thought that Cryptocurrencies being used in gambling came from the emerging market of online casinos but I guess am proven wrong since it seems like physical casino like The D in Las Vegas was able to utilize Bitcoin even before the surge of cryptocurrency.

Hats off to business owners who knew how to keep up with recent developments and trends. This is how you ensure business success and how you keep your customers excited and entertained. Most importantly this for sure has attracted even new customers so that’s really good both for Bitcoin and their Business.

[Botnake]

I am curious how it is being done. Will we be only able to use Bitcoin to buy chips and cash out the chips?  I am hoping the spread on buy/sell prices is not that really high and will not hurt you.

I was curious about that too, but from what I’ve read, they don’t actually accept Bitcoin for gambling. They only take fiat for that. The Bitcoins they accept are strictly for hotel transactions and services, not for placing bets...

The D casino and the city’s oldest casino, the Golden Gate, will accept Bitcoin at their hotel front desks beginning Wednesday. Bitcoins can also be used at the D’s gift shop and two restaurants. They won’t be accepted on the casino floor.

[EluguHcman]

Members can enjoy special casino discount room rates, qualify for special events and tournament invitations, casino rewards, dining comps, and much more. You earn more points, the more you play.

Coming across this update on the first time and I bet gamers would be tempted to sign in and play with this hotels game site.

You can imagine having these opportunities to consideration while you are camped or hanged out within the this hotel.

I am just slightly feared that gamblers does not have to feel at home with this attractive and comfortable gambling environs of this D Las Vegas casino because there would be bettors who would get loosed and goes home empty due to the comfortability and offers of this hotels gaming features.

[Cointxz]

Back then, AFAIK huge establishment still doesn’t use Bitcoin especially a hotel casino. There’s no popular hotel casino back then that accepts Bitcoin since dice game and other basic games are still available and popular for casino that accepts crypto.

So their claim might be possible assuming they really offer this services back then. Even now, Only few physical casino accepts Bitcoin as currency.

[cryptoaddictchie]

The D Las Vegas does claim to be the first casino to accept Bitcoin, but I think there’s a bit of context worth noting. From what I recall, their Bitcoin acceptance was initially limited to non-gambling activities like restaurants and gift shops. I’m not sure if they implemented Bitcoin gaming directly. It would be interesting to hear if someone can confirm or challenge that claim!

So safe to assume that they are accepting bitcoin for their services besides gambling itself. I wonder why they dont accept crypto to pay or change chips in their casino. Based on the title first ever Casino to accept bitcoin seems subtle and probably everyones thinking that they accept bitcoin for gamblimg and not only to transient affairs.

[traderethereum]

That is a good news for Bitcoin but in the other sides, I just worry because people around that city will thinks that Bitcoin is only for playing gambling. Many people will not trying to research for more that Bitcoin is not only for playing gambling but for the investment and payment system.
The government may checks their citizen who often visit on that casino and trying to for more and will impose tax to them regarding to have Bitcoin.

But we will see what will happen to that if the news spread in more cities. But that news really help the popularity of Bitcoin in that cities so people will use it even if that is for playing gambling

[mirakal]

And these are the prices of bitcoins that year.

https://calendar.bitbo.io/price/2014/

Bitcoin Price in 2014

Beginning of year Price: $770.44
Highest Price: $951.39 on January 6, 2014
Lowest Price: $309.87 on December 30, 2014
End of year Price: $319.70

As you can see, Bitcoin wasn’t that popular back then, judging by its price. This hotel casino played a big role in introducing Bitcoin to more people. No wonder Bitcoin gambling became even more popular as time went on. Establishments like these, which supported Bitcoin during its early stages, really helped pave the way for its growth and exposure, so they need to be recognized.

Bitcoin was not really well-recognized back then, that even big time casinos do not give emphasis on bitcoin, but majority are focused on fiat. However, with the information OP has introduced to us, it only means that bitcoin was already recognized as a mode of payment back then. So it’s a big revelation for us that weren’t aware of that, only to realized that this D Las Vegas Casino was probably the first to attract gamblers and other gambling casinos to accept bitcoin in the gambling arena.