{"id":336,"date":"2021-06-12T15:18:35","date_gmt":"2021-06-12T12:18:35","guid":{"rendered":"https:\/\/xxbet-company.com\/draftkings-ceo-robins-wants-company-to-accept-crypto-but-states-balk-at-idea\/"},"modified":"2021-06-12T15:18:35","modified_gmt":"2021-06-12T12:18:35","slug":"draftkings-ceo-robins-wants-company-to-accept-crypto-but-states-balk-at-idea","status":"publish","type":"post","link":"https:\/\/xxbet-company.com\/pl\/draftkings-ceo-robins-wants-company-to-accept-crypto-but-states-balk-at-idea\/","title":{"rendered":"DraftKings CEO Robins Wants Company to Accept Crypto, But States Balk at Idea"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_34 counter-flat ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Spis tre\u015bci<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1'><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/xxbet-company.com\/pl\/draftkings-ceo-robins-wants-company-to-accept-crypto-but-states-balk-at-idea\/#Gaming_Industry_Slowly_Warming_to_Bitcoin\" title=\"Gaming Industry Slowly Warming to Bitcoin\">Gaming Industry Slowly Warming to Bitcoin<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/xxbet-company.com\/pl\/draftkings-ceo-robins-wants-company-to-accept-crypto-but-states-balk-at-idea\/#DraftKings_State_Outlook_for_Crypto\" title=\"DraftKings State Outlook for Crypto\">DraftKings State Outlook for Crypto<\/a><\/li><\/ul><\/nav><\/div>\n<p>DraftKings (NASDAQ:DKNG) CEO Jason Robins would like his company to accept cryptocurrency as a form of payment. But state regulators aren\u2019t allowing it.<\/p>\n<figure aria-describedby=\"caption-attachment-176019\" data-style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" class=\"wp-image-176019 lazyload\" src=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/06\/jr-142x80.jpg?x38396\" data-src=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/06\/jr-142x80.jpg?x38396\" alt=\"DraftKings bitcoin\" width=\"1200\" height=\"675\" data-srcset=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/06\/jr-142x80.jpg 142w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/06\/jr-1024x576.jpg 1024w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/06\/jr-768x432.jpg 768w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/06\/jr.jpg 1280w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" data- title=\"\"><img loading=\"lazy\" class=\"wp-image-176019\" src=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/06\/jr-142x80.jpg?x38396\" alt=\"DraftKings bitcoin\" width=\"1200\" height=\"675\" srcset=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/06\/jr-142x80.jpg 142w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/06\/jr-1024x576.jpg 1024w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/06\/jr-768x432.jpg 768w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/06\/jr.jpg 1280w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" title=\"\"><figcaption class=\"text-description\">DraftKings CEO Jason Robins at a conference in 2016. He wants to take crypto as payment, but states aren\u2019t allowing it. (Image: YouTube)<\/figcaption><\/figure>\n<p>Robins made the comments at an event sponsored by stock trading app Public on Wednesday. He didn\u2019t specify which digital assets the company would like to take as a form of payment. Bitcoin is, by far, the largest digital asset, with a market capitalization of $695.33 billion. Nor did the DraftKings boss specify if he\u2019s hoping to take crypto as payment for daily fantasy sports (DFS), internet casinos, online sports betting, or all three activities.<\/p>\n<blockquote class=\"main-blockquote\">\n<p>The payment methods we can accept are determined by the individual state regulators, and as of now, crypto is not an approved payment type in any of the states where we\u2019re live,\u201d said Robins at the Public event.<\/p>\n<\/blockquote>\n<p><strong>He added that digital assets will \u201clikely transform some entire industries and portions of others.\u201d<\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Gaming_Industry_Slowly_Warming_to_Bitcoin\"><\/span>Gaming Industry Slowly Warming to Bitcoin<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>There are inklings the gaming industry is ready to embrace bitcoin. For example, gaming device manufacturer International Game Technology earlier this year <a href=\"https:\/\/www.casino.org\/news\/igt-furthers-cashless-gaming-cause-with-bitcoin-slot-patent-win\/\" rel=\"nofollow noopener\" target=\"_blank\">won a patent<\/a> to allow players to use digital currencies on slot machines.<\/p>\n<div class=\"callout\">\n<p>Sony Interactive Entertainment <a href=\"https:\/\/www.casino.org\/news\/sony-looking-to-patent-esports-betting-on-playstation\/\" rel=\"nofollow noopener\" target=\"_blank\">recently published a patent<\/a> that, if approved, would permit the PlayStation maker to offer esports wagering with bitcoin. Resorts World Las Vegas, which opens on the Strip in two weeks, is working with cryptocurrency exchange Gemini to permit Gemini crypto wallet holders to use digital assets as payment at the casino and hotel.<\/p>\n<\/div>\n<p>Those are recent examples. But <a href=\"https:\/\/www.casino.org\/news\/bitcoins-go-legit-nongaming-sales-two-las-vegas-hotels\/\" rel=\"nofollow noopener\" target=\"_blank\">back in 2014<\/a>, Derek Stevens\u2019 D Las Vegas and Golden Gate properties in downtown Las Vegas embraced bitcoin. Those venues even feature <a href=\"https:\/\/www.casino.org\/news\/resorts-world-vegas-embraces-crypto-with-winklevoss-gemini-platform\/\" rel=\"nofollow noopener\" target=\"_blank\">bitcoin ATMs<\/a>. Patrons of D and Golden Gate can use the dominant cryptocurrency to pay for dining, rooms, and items in the gift shops.<\/p>\n<p>More operators are embracing <a href=\"https:\/\/www.casino.org\/news\/everi-stock-has-ingredients-for-more-upside-thanks-to-fintech-biz\/\" rel=\"nofollow noopener\" target=\"_blank\">cashless gaming systems<\/a>, and that could set the stage for advancing the intersection of casino gaming and cryptocurrency in the future.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"DraftKings_State_Outlook_for_Crypto\"><\/span>DraftKings State Outlook for Crypto<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>DraftKings currently offers mobile sports betting in 11 states, and operators brick-and-mortar sportsbooks in Mississippi and New York. The company\u2019s online casino platform is operational in Michigan, New Jersey, Pennsylvania, and West Virginia.<\/p>\n<p>Arizona, Idaho, Montana, Nevada, and Washington are the states where DraftKings cannot offer DFS.<\/p>\n<p>DraftKings clients can fund accounts <a href=\"https:\/\/www.casino.org\/news\/draftkings-gift-cards-are-coming-just-days-before-christmas\/\" rel=\"nofollow noopener\" target=\"_blank\">with gift cards<\/a> or at Boost Mobile stores in some states. But when states approve crypto for sports betting and DFS accounts remains to be seen.<\/p>\n<p>For the operator, there are some encouraging signs. It\u2019s live in two of the top 10 states where folks are interested in digital assets, those being Colorado and New Jersey. Additionally, New Hampshire, Colorado, and Michigan are three of the top 10 states where people are actively using bitcoin and other digital tokens.<\/p>\n<p><strong>Though it\u2019s a small state, Wyoming is advancing crypto regulations more rapidly than any other state, and is an emerging hub for digital asset investment. The state recently legalized sports wagering, and it\u2019s slated to launch there later this year, though it\u2019s not clear if DraftKings will pursue a license there.<\/strong><\/p>\n<p>The post <a rel=\"nofollow noopener\" href=\"https:\/\/www.casino.org\/news\/draftkings-ceo-would-like-accept-bitcoin-states-stand-in-way\/\" target=\"_blank\">DraftKings CEO Robins Wants Company to Accept Crypto, But States Balk at Idea<\/a> appeared first on <a rel=\"nofollow noopener\" href=\"https:\/\/www.casino.org\/news\" target=\"_blank\">Casino.org<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>DraftKings (NASDAQ:DKNG) CEO Jason Robins would like his company to accept cryptocurrency as a form of payment. But state regulators aren\u2019t allowing it. DraftKings CEO Jason Robins at a conference in 2016. He wants to take crypto as payment, but states aren\u2019t allowing it. (Image: YouTube) Robins made the comments at an event sponsored by <a href=\"https:\/\/xxbet-company.com\/pl\/draftkings-ceo-robins-wants-company-to-accept-crypto-but-states-balk-at-idea\/\" class=\"more-link\">&#8230;<\/a><\/p>","protected":false},"author":1,"featured_media":337,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/xxbet-company.com\/pl\/wp-json\/wp\/v2\/posts\/336"}],"collection":[{"href":"https:\/\/xxbet-company.com\/pl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xxbet-company.com\/pl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xxbet-company.com\/pl\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/xxbet-company.com\/pl\/wp-json\/wp\/v2\/comments?post=336"}],"version-history":[{"count":0,"href":"https:\/\/xxbet-company.com\/pl\/wp-json\/wp\/v2\/posts\/336\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xxbet-company.com\/pl\/wp-json\/wp\/v2\/media\/337"}],"wp:attachment":[{"href":"https:\/\/xxbet-company.com\/pl\/wp-json\/wp\/v2\/media?parent=336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xxbet-company.com\/pl\/wp-json\/wp\/v2\/categories?post=336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xxbet-company.com\/pl\/wp-json\/wp\/v2\/tags?post=336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}