Has the coronavirus created the push necessary to create totally cashless casinos? That was the topic of the second panel in CoinGeek Live’s gambling track, as Moderator Jimmy Nguyen, Founding President, Bitcoin Association, lead a discussion on ‘Cashless Casinos: How Bitcoin Technology Can Create a Better & Safer Gaming Experience,’ He was joined by Matthew Dickson, Co-Founder & CEO of BitBoss, Ed Andrewes, CEO of Resorts Digital Gaming, and Stephen Crystal, CEO of SCCG Management.

The innovations BitBoss is creating for gambling, using Bitcoin SV to put operations entirely on chain, and creating easy BSV payment solutions for brick and mortar casinos, drove much of the conversation. Covid-19 had made some of those solutions much more interesting as casinos avoid more physical touch points, but as Dickson explained, he thinks online gambling is driving change even faster:

“Removing cash and anything that is a touchpoint is a major concern to people. I think Covid is a driver of this. At the end of the day, I think this convergence of this. At the end of the day, I do think that this convergence of land based and online is also another major factor that’s going to drive adoption, maybe even in a more significant way than Covid.”

Amdrewes sees lots of benefits in blockchain technology, but he’s not convinced casino regulators will allow any change in the short term. “There’s so many benefits in terms of the transparency,” he said. “I’m a big proponent but sort of further down the line.”