Robocoin ATM debuts on Las Vegas Strip, Leaves New ZealandJul 31, 2014

Robocoin Las Vegas Strip

Robocoin Las Vegas Strip

Although not the first in the Sin City, the Las Vegas-based Robocoin installs another ATM. This time, however, the Bitcoin machine lies on the Vegas strip, where the heart of casinos is.

Called ‘The Bitcoin Bodega’, the new Robocoin kiosk is hard to go unnoticed since it stands tall inside a souvenir shop right at the intersection on Las Vegas Boulevard, where more than 100,000 people walk by daily on the average.

According to Robocoin, the installation of its machine on the strip promotes Bitcoin tourism, stating:

“Even while Bitcoin merchant adoption remains a work in progress, Bitcoin already provides a viable alternative to flying with cash or maxing out daily ATM limits.”

Moreover, it further promotes the use of Bitcoin beyond the brick-and-mortar casinos since Vegas casinos still do not allow the use of the virtual currency on its gambling floor. Therefore, the installation of Bitcoin ATMs inside casinos and on the Las Vegas Strip encourages avid bettors to visit a Bitcoin casino or two and indulge in anonymous and provably fair gambling that promises instant payments.

With the first Bitcoin ATM already installed in The D Las Vegas Casino Hotel back in May, more consumers are expected to check out the perks of playing Bitcoin slots, dice, roulette and many more.

The Robocoin kiosk will operate all week but will only be accessible from 8 a.m. until midnight.

While Las Vegas celebrated the arrival of yet another Bitcoin ATM, New Zealand, however, bid one farewell.

Bitcoin Central, a Bitcoin ATM operator in the country, recently announced on its website that it had shut down the machine due to the refusal of the local banks to support its cause:

“It’s the banks. Unfortunately, despite complying with all the legal requirements we have been unable to secure banking facilities. Without these the Bitcoin ATM business cannot operate long term.”

The unfortunate news took place just more than a month after Bitcoin Central launched its two-way exchange Robocoin machine in Auckland.