Venezuela Expands Casinos, Approves Cryptocurrency Payments

Author: Live Casino Direct
 
Venezuela Expands Casinos, Approves Cryptocurrency Payments
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Venezuela has been through a tough geopolitical spell. President Maduro is keen to phase casinos and gambling back in. He has already laid the groundwork for casinos.

Venezuela has approved the use of digital currencies for gambling. Ciudad Jardin casino resort is accepting Bitcoin and Tether. The resort on Isla Margarita island in Nueva Esparta is one of the newest arrivals on the newly-regulated gambling markets under President Maduro.

Maduro wants to open more casinos in places such as Caracas, Miranda, Nueva Esparta, Aragua, Lara, Zulia and others. Venezuela's finances are in a dire strait. The government has begun cutting out subsidies to various parts of the economy.

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Venezuelan president Nicolas Maduro approved a framework last year enabling casinos to operate in the country:

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Casinos Are Back in Venezuela, and They're Ready to Accept Cryptocurrency

Casinos Are Back in Venezuela, and They're Ready to Accept Cryptocurrency
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