Sahara is the First Casino In Vegas to Accept Crypto!
The Sahara is the first Casino to accept cryptocurrency at their cage for chips and vouchers. Something many have been thinking about and waiting for. With ATMs in Las Vegas since around 2012, it was sure to happen to some point, taking over a decade. To note this is only a one way transaction. You can buy chips, and get cash back for your chips. There is also a 5% fee. This may be convenient to some and not others. ATMs are around ten percent. Some may buy chips and play some, and cash out their chips as a cheaper way to cash out crypto compared to some other methods. Using Coinebase and just your money may be cheaper and easier for some.
People will be able to go to their main cage and get chips for Bitcoin, Ethereum, or Litecoin. A similar system was launched at Circa earlier this year. At Circa it was used for sports wagering.
This service is limited to getting chips and not for the hotel (rooms) or shopping. Some other hotels accept crypto and places online allowing for crypto life to travel and live in Las Vegas. There are some bitcoin and crypto ATMs some places as well. Don't recall one being at Sahara yet, but there may be market for one now that they have crypto "gaming" allowing chips to be bought with crypto and vouchers seem likely for slot machines as the vouchers that were mentioned.