Sahara Las Vegas First on the Strip to Convert Bitcoin Ethereum and Litecoin at Casino Cage
Sahara Las Vegas becomes the first Strip casino to convert Bitcoin, Ethereum, and Litecoin into gaming chips via its casino cage through BurraPay.Summary
Sahara Las Vegas has become the first casino on the Las Vegas Strip to offer regulated cryptocurrency-funded gaming transactions through its casino cage. In partnership with crypto-payments company BurraPay, customers can convert Bitcoin, Ethereum, or Litecoin into chips or casino tickets for gambling, though they are not wagering cryptocurrency directly. The Nevada Gaming Control Board approved BurraPay's system earlier this year, and the company launched a similar system at Circa Resort & Casino downtown in June, marking the first compliant cryptocurrency payment operation in Nevada's regulated gaming market. Users must be at least 21, hold an active Infinity Rewards account, present valid photo identification, and complete identity verification before their first deposit, which includes a secure link and selfie check. BurraPay charges a 5% fee on deposits, and the option is limited to casino gaming only. BurraPay designed its platform to satisfy anti-money-laundering and gaming compliance requirements, including blockchain-monitoring tools to identify potential problem-gambling behavior in real time. The company is in discussions with additional Nevada casino operators and expects more properties to adopt the technology.
(Source：Sccg Management)