IGT has received a patent to provide cryptocurrency as payment for land-based games.
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International Game Technology has received a patent for a new cashless wallet. If all goes well, the game developer will allow players to pay for gaming via cryptocurrency. iGT has already received the patent.
IGGT has been granted a patent for a product that will allow players to transfer cryptocurrency for gameplay via a cashless wallet. The company plans to add the payment option to popular games like Wheel of Fortune and Megabucks. Bitcoin is being used more frequently by consumers. Around 44% of millennials have plans for buying the currency in the next five years. Bitcoin has increased over 4x in price within the past year. In 2020, Nevada Gaming Commission allowed players using smartphones to deposit funds to gaming machines. IGT was given approval by regulators to introduce the format.
