Is virtual currency used as real money. Virtual Currency he use of virtual currency is rapidly becoming more accepted throughout the world. Virtual currencies function as a method of O LUM E X I valueexchange;a peer-to-peerI I: N O. Cashless ecosystem that seeks to remove the intermediary financial institution. Bitcoin is the most adopted form of virtual currency with. The virtual currency wallet basically helped manage all of your bitcoins for you so think of it literally like a real wallet in the fiat currency we talked before about in that I could have a $5 bill, $1 bill, and a $20 bill. Each one of those bills fit into my wallet. Some virtual currencies are convertible, which means that they have an equivalent value in real currency or act as a substitute for real currency. The IRS uses the term “virtual currency” in these FAQs to describe the various types of convertible virtual currency that are used as a medium of exchange, such as digital currency and cryptocurrency. Convertible virtual currency is an unregulated digital currency that can be used as a substitute for real and legally recognized currency.

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Vegas gamblers strike lucky

The number of gamblers plunking down bets in Las Vegas casinos is steadily on the rise. Casino revenue figures are returning to growth and operators have even started recruitment drives to keep up with demand.

a handful of Vegas gamblers have taken home millions of dollars in combined jackpot winnings

While this is certainly good news for the purses of operators up and down the Strip, some players have also managed to turn a tidy profit. In less than one month, a handful of Vegas gamblers have taken home millions of dollars in combined jackpot winnings.

VegasSlotsOnline News has arranged these recent jackpot prizes into a top five list, ranging from the $207,691 prize bagged by a Stations Casino bingo player to a recent $10.5m slot machine pull at South Point Casino.

1) South Point’s $10.5m slot win

A New Mexico tourist visiting South Point Casino in the southwest Las Vegas valley sealed the ultimate prize on Monday. The gambler won a staggering $10.5m Megabucks jackpot from one slot pull after investing just $5 into the machine.

South Point took to Twitter later that day to confirm the news:

According to the casino operator, the gambler’s eye-watering prize represents the largest Megabucks jackpot won in Nevada so far this year.

2) Alaskan goes home a multimillionaire

South Point’s Megabucks winner was not the only tourist lucky enough to secure a multimillion-dollar jackpot over the past few days. A tourist from Alaska took home more than $2.1m on Sunday after hitting the jackpot on a Monopoly Millionaire slot machine at the Cosmopolitan.

the tourist inserted just $40 into the machine

The Strip casino posted about the big win on Twitter that evening, confirming that the tourist inserted just $40 into the machine before hitting the jackpot:

The Cosmopolitan did not confirm the name of the winner, but the Las Vegas Review-Journal has reported that they were not a guest of the property’s hotel.

3) Red Rock gamblers win big on anniversary

The Las Vegas-based Red Rock Casino Resort and Spa celebrated its 15th anniversary earlier this month, and a handful of gamblers celebrated the occasion by taking home considerable jackpot winnings.

a $600,000 jackpot from a bet of just $1.75

Volha Anderson, a gambler from Nevada’s neighboring state of Arizona, secured the largest prize of all. While playing slot machines overnight from April 17 to 18, she claimed a $600,000 jackpot from a bet of just $1.75. Anderson won the prize while playing IGT’s Wheel of Fortune slot game.

Red Rock congratulated the lucky Arizona resident in a post to its Twitter page the following evening:

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Anderson’s big win came just two days after several guests of the casino won a combined prize of $203,516. The Jumbo Hold’Em Poker “Bad Beat” Progressive Jackpot resulted in eight players winning a total of $1,272. All poker guests across the casino’s poker rooms also secured $522.

4) Wheel of Fortune strikes again

Last Thursday, another gambler struck gold on a Wheel of Fortune slot machine, although this time the lucky lady was a local. Las Vegas resident Delores Raymond won $238,559 through a progressive jackpot at Palace Station after staking just $1.25.

Station Casinos, operator of Palace Station, confirmed the staggering win in a post to Twitter that day:

5) Red Rock bingo player’s lucky day

The fifth-largest jackpot over the past month, and the final one on our list, went to another customer of the Station Casino at Red Rock. Aurelio Aguilar hit the Jumbo Bingo progressive jackpot on April 1, securing a grand total of $207,691 in the process.

Red Rock congratulated Aguilar on Twitter for the substantial win:

Under the terms of the jackpot, Aguilar needed to win on 47 or fewer called numbers. The lucky gambler hit the jackpot on the 52nd number.

At the end of last month, poker players in Boulder Station casino won another notable jackpot. Two players hit the Jumbo Hold‘Em Poker “Bad Beat” Progressive on Saturday March 27, with a total payout of $205,566. The gamblers involved in the hand took home the largest spoils, with one securing $71,891 and the other $41,081.

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