This Cryptocurrency Casino Is the Latest Terrible Idea by Atari

Atari is making another baffling business decision. | Source: REUTERS / Phil McCarten

• Atari is one of the oldest companies in gaming, but its modern track record is not so great.
• They recently announced the launch of their own online casino and crypto token.
• This is a stunningly bad idea for a company with such a poor recent track record.

Atari has a troubled history. While the company was the driving force behind the early days of the gaming industry, they’ve struggled since then.

They’ve recently tried to branch out into various areas. Atari has a hotel chain in the works, which I’m sure will definitely still be happening in this pandemic. But their lousiest idea to date has to be their newest venture.

Atari has just launched a cryptocurrency casino. What could possibly go wrong?

Atari Has No Business Running a Casino, Let Alone Crypto-Based Casino

Has Atari completely lost their minds? It’s one thing to try and push out a modern VCS system. It’s quite another thing to try and run hotels and an online casino with no history of doing either of those things.

Atari isn’t even producing their new console all that well. It’s gone through numerous delays, and they can’t even seem to pay the designers properly. The designer of the VCS is suing them.

Is this a company you want to trust with a casino? Let alone with access to your crypto wallets? If mismanagement of the Atari VCS is annoying, imagine how dangerous mismanagement of an online casino could be.

Would You Really Trust Them?

Since the Atari casino isn’t available yet, it isn’t apparent how many people are going to buy into this idea. I have to assume that the folks who are deeply involved in crypto have a smarter head on their shoulders then to trust a company that has proven itself to be unreliable.

Perhaps the more baffling proposition is investing in Atari Token. This is their own crypto token, which I’m sure will only go up in value. Just like their stock, which has only gone up over the past 20 years. (For legal reasons, that was sarcasm)

Maybe I’m wrong. Perhaps the Atari Token and Casino will launch, and both be huge successes. I don’t plan on being an early adopter, or a late adopter for that matter.

Disclaimer: The opinions expressed in this article do not necessarily reflect the views of CCN.com.