Las Vegas' Oldest Casino Starts Accepting The World's Newest Currency - Bitcoin

Two Las Vegas casinos will become the first known US gambling premises to accept the increasely popular cryptocurrency. The co-owned Golden Gate (Las Vegas' oldest casino) and The D Las Vegas Casino Hotel will begin accepting bitcoins on Wednesday as payment for hotel rooms and related purchases, but, as Bloomberg Businessweek reports, state regulators are unlikely to allow casinos to exchange chips for bitcoins any time soon, according to A.G. Burnett, chairman of the Nevada Gaming Control Board.

Interestingly - after all the extreme volatility of the past few months, Bitcoin has traded in a "relatively" narrow range between $750 and $850 in the last 2 weeks.

It didn't take long for some enterprising young chap to come up with this either...

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