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- Patents issued to IGT(International Game Technology) are a way for crypto users to have their transactions at slot machines
- These new options can grab the attention of young customers towards casinos
- From now on gamblers can easily transfer money with the help of cryptocurrency
- Besides Bitcoin, Ethereum is also going to be used as a secondary mode of crypto payment
Casinos are now a part of the Crypto world
International Game Technology has taken a unique step towards making significant improvements in gambling payment methods. The world’s largest maker of slot machines has introduced a modern way of making any type of transaction in offline or online casinos or bars with different types of cryptocurrencies.
IGT has announced that casino players can now be able to use Bitcoin and Ethereum as a new mode of payment. So, in this new patent, an external crypto account will be linked to the player’s bank account. Due to this ease, the player can be able to easily pay or deposit money without any problem.
The main mission of IGT
IGT has started this year with a mission to incorporate new ideas and rules. The main idea of introducing Bitcoin was to allow a more flexible mode of payment. IGT’s revolutionary move of introducing crypto payments signals the growing popularity and importance of cryptocurrencies like Bitcoin and Ethereum which are growing in value with every passing year.
This ease in transactions is highlighted in the fact that people can now pay using their cryptocurrency wallets on their smartphones. The patent of IGT not only covers the slot machines but also money transfer between bank accounts.
This mode has also increased its sense of security on several stakes including slots, lotteries, and different sports betting scenarios.
Are there any new plans?
As IGT is trying to get a pace with new trends, it has also been successful at getting approval from Nevada’s powerful gaming control board for its new plan.
IGT is planning to start a brand-new wagering system where gamblers can be able to fund bets at different slot machines. This new plan also encourages players to fund the same at table games just with a simple application on their smartphones. IGT, with this new plan, can bring a new era within the crypto industry.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
