Slot machine giant wants you to bet with Bitcoin

igt, poker, bitcoin

US slot jockeys could soon place their bets in Bitcoin after the world’s largest gambling machine company got the go-ahead for a new crypto payment system.

London-based IGT last week secured a new patent that lets players to use mobile QR codes to transfer digital currency between betting machines and external crypto wallets.

A few smaller casinos already support BTC, but they normally involve special crypto ATMs for converting to fiat before playing.

IGT’s new system promises to cut out the middleman; gamblers can directly place their wagers in crypto or cash out winnings at the push of a button.

The patent also lists support for altcoins Ethereum and Bitcoin Cash, but there is a proposed fee for exchanging between crypto and fiat currencies.

[Read more: Finland wants to sell $80M in Bitcoin before it’s too late]

IGT hopes the move will improve the casino experience and attract a younger crypto-savvy crowd to the brick and mortar gambling sector.

After all, it’s no secret that crypto and gambling have always gone hand-in-hand. Last year, gambling-specific crypto boasted a combined market value of more than $150 million.

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