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, giving the latter destination the edge in terms of the number of bitcoin-accepting locations.
This post was published at Coin Desk on March 12, 2015.