A cryptocurrency platform that began offering payments at a downtown Las Vegas casino earlier this year, has expanded onto the Strip with several other casinos expected to go live in the next few weeks.
BurraPay deployed its cryptocurrency payment platform at the Sahara resort last month, making the property the first on the Las Vegas Strip to allow customers to exchange cryptocurrency for chips or tickets to gamble on the casino floor.
The Nevada Gaming Control Board (NGCB) approved the system earlier this year, allowing the company to operate within the state’s regulated gaming industry. Luke Millanta, co-founder and CTO of BurraPay, said in a statement that “players and operators are ready for a new way to pay.”
“Bringing that experience to the Las Vegas Strip was the natural next step,” Millanta said.
In June, BurraPay became the first compliant crypto payment provider to operate in the state with its partnership with Circa Resort & Casino in downtown Las Vegas, processing its first legal cryptocurrency-funded sports bet in Nevada.
“Our downtown launch made BurraPay the first compliant crypto payments provider to operate within Nevada’ regulated gaming market, and its success proved that players and operators are ready for a new way to pay,” Millanta said.
Utilizing the BurraPay platform, gamblers will be able to fund their wagers their wagers throughout the Sahara by depositing cryptocurrency in exchange for casino chips or tickets.
The company offers both a fully embedded platform that integrates directly with casino player account management systems in land-based, iGaming, and online sportsbook environments; and an over-the-counter solution that has been developed for rapid deployment in land-based casino environments.
Both solutions utilize Burra Pay’s portfolio of patented technologies covering the secure, AML-compliant use of cryptocurrency – including Bitcoin, Ethereum and Litecoin – in casino environments, as well as blockchain monitoring tools capable of detecting problem gambling behaviors in real time, the company explained.
“Expanding out payment options to include cryptocurrency is a natural next step, giving our guests greater flexibility and convenience while embracing innovation shaping the future of Las Vegas,” said Craig Pleva, Sahara general manager.
Beyond the Sahara, BurraPay is currently in talks with other Nevada casinos and is planning to go-live with several casinos in the next few weeks, a company spokeswoman told CDC Gaming in an email.
Regarding their rollout in 2027, Lauren Coombs said since crypto is something new the jurisdictions are dealing with, “we are continuing to work deliberately with each jurisdiction and gaming commission to ensure that they feel comfortable with the platform.”
Coombs added they are also working with regulators to make sure all their regulatory concerns are addressed. BurraPay is currently approved or authorized for use in six states.
“We are currently in discussions with a number of tribal gaming commissions in addition to commercial casino jurisdictions,” she said.
