Bitcoin Boosts Business at Las Vegas Casinos
A Las Vegas casino owner's decision to start accepting payment in bitcoin has paid off, with business at his venues improving following the move. Derek Stevens, CEO of the D Las Vegas Casino Hotel and the Golden Gate Hotel & Casino started accepting bitcoin at the sites in January 2014. Of the two casinos, the D Las Vegas Casino Hotel, is processing the highest number of bitcoin transactions, Stevens revealed, though he declined to disclose exact figures. Bitcoin is now accepted at the front desks of the Golden Gate and the D and as well as the gift shop and three restaurants at the D,....
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2 Las Vegas hotel-casinos to start accepting #Bitcoin: http://t.co/gb7cXKgkmo pic.twitter.com/wfCg01fEXt. - 7NEWS Denver Channel (@DenverChannel) January 21, 2014
Accepting Bitcoin payments can do wonder for any business, and the gambling industry is at the top of that list. Various casinos and other gambling establishments in Las Vegas have taken the plunge by venturing into the world of Bitcoin payments, and they are reaping the rewards from being early adopters. Overall, the interest in digital currency is on the rise in Las Vegas, which could be a sign of positive things to come. Using Bitcoin in Las Vegas. Among the locations accepting Bitcoin in Las Vegas are several prominent locations, such as the D Las Vegas Casino Hotel and Golden Gate....
This past week, Bitmarkerslaunched to integrate Bitcoin into the commercial casino market. Bitmarkers provides services to individuals interested in traveling to and enjoying the gambling hub of the world, Las Vegas, but with the Bitcoin currency. Those interested can work through Bitmarkers to book a hotel, determine the amount to gamble, fund and get started with a Bitmarkers account, receive floor credit to gamble with, fly to Vegas, and cash out on the casino floor or receive payout in BTC. CEO and Co-Founder, Ardon Lukasiewicz, provided an overview of Bitmarkers: Bitmarkers is....
At first blush, bitcoin and gambling seem like a pretty comfortable pair and it seems to be flourishing. The concept of bitcoin and in-casino gambling may be a bit further off right now for the mainstream, but it's coming. And Ardon Lukasiewicz, brother of Coinsetter CEO Jaron Lukasiewicz, is all-in on bitcoin and brick-and-mortar casinos. "I'd like to pursue Las Vegas as the bitcoin mega-destination," he says. Lukasiewicz is the CEO of Bitmarkers, a company that plans to offer frictionless movement for gambling money via the use of bitcoin. Unlike the relatively unregulated online....
Bitcoin distribution in Las Vegas has broad appeal. Vegas and bitcoin seem destined for each other as more businesses accept payments in the cryptocurrency. Las Vegas is one of the world’s most popular gaming and entertainment destinations. Over the past few years, more Vegas visitors exchange bitcoins for everything Sin City has to offer, including casinos, restaurants, limos, hotels, boats, bachelorette parties, and escort services. Bitcoin distribution is happening because sellers want to make it easier for buyers to use the digital currency. Bitcoin ATMs make it easier for users to....