Bitline, a company specializing in cryptocurrency-to-casino chip conversions, has partnered with Choctaw Casinos & Resorts to offer patrons the ability to buy chips and cash out using cryptocurrencies like Bitcoin, Ethereum, Tether, and Circle. This innovative service aims to enhance the gaming experience by providing faster and more secure transactions.
Background on the Partnership
The collaboration between Bitline and Everi will allow Choctaw Casino patrons to bypass traditional financial constraints, such as limited access times and transaction amounts. According to Victor Newsom, SVP of Product Management at Everi, this system is designed to meet the rigorous compliance demands of the gaming industry while catering to the expectations of VIP players worldwide.
How the System Works
To use Bitline’s service, patrons can sign up on the company’s website and transfer cryptocurrencies to a digital wallet. Once a transaction is initiated with the casino, a secure QR code is sent to the patron’s Bitline account. This QR code can then be presented at the casino cage in exchange for a playing voucher. Transactions can be as high as $1 million.
Impact on Poker Players
While the service is not specifically mentioned for poker, it is likely that poker players at Choctaw Durant will also benefit from this new payment option. Choctaw Durant is a significant venue for poker, hosting multiple World Series of Poker Circuit events and the World Poker Tour.
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