American Gaming Association Urges Policy Change on Digital Payments
The American Gaming Association has laid out a proposal of new guidelines for gambling payments.
The culmination of a year and half of work, the American Gaming Association has proposed a set of updated policy guidelines for casino payments.
The proposition looks to let visitors fund their activities at gambling establishments via digital avenues instead of allowing only physical fiat currency, said a statement Tuesday.
It remains unclear whether the AGA includes cryptocurrencies under its digital payments reference. Cointelegraph reached out to the AGA for comment but received no response as of press time.
The masses want options
More than half of customers desire other payment options, the statement said, adding: “The principles come at a time when the majority (57%) of past-year casino visitors report the option for digital or contactless payments on the casino floor is important to them because of the COVID-19 pandemic.”
After COVID-19 prevention measures gained prevalence in March, much of the world went digital for work and other activities. The future of physical cash usage remains unclear going forward in light of recent events.
“Recent AGA research found that 59% of past-year casino visitors are less likely to use cash in their everyday lives because of the COVID-19 pandemic,” the statement said.
According to CoinTelegraph