LAS VEGAS: The Golden Gate and D Las Vegas Now Accepting Bitcoin

bitcoins1The newest craze in Las Vegas is the bitcoin. While you cannot yet gamble with this internet-based currency, you can pay for your hotel stay at two Sin City establishments. Both the Golden Gate Hotel and Casino and the D Las Vegas Casino Hotel, located downtown, have added Bitcoin to its approved methods of payment. Five locations around the casinos will accept bitcoin payment: the front desks, the gift shop at the D, and restaurants Andiamo Steakhouse and American Coney Island.

Bitcoin is a growing international monetary system utilizing digital currency to pay for goods and services. Using a virtual wallet and encrypted software, bitcoins can be spent worldwide and transactions appear in a matter of minutes, with no regular delays like a traditional bank. Gaining popularity, there are concerns about the lack of consumer protection and bitcoin use for illegal activity but the lower fees charged for their use is below that of a credit card or currency conversion fee, making it a win for merchants.

Given that Bitcoin just held an international conference in Las Vegas in December, it’s no surprise that merchants are jumping on this bandwagon. It’s the kind of currency that lures e-geeks and forward-thinking entrepreneurs into their establishments, bringing with them the traditional cash that keeps them afloat.

For more information on restaurants in the Las Vegas area that accept bitcoins, check out Bitcoins in Vegas blog.

LAS VEGAS: Bye Bye Bill’s – Caeser’s to Open New Strip Hotel-Casino

Image by Larry D. Moore CC BY-SA 3.0

While new construction has been at a standstill since the City Center complex opened, we are still seeing old establishments being rehabbed into brand new hotels and casinos. The Imperial Palace became the Quad, the Sahara is being renovated into an upscale SLS hotel, and Caeser’s transformed its Centurion Tower into Nobu Hotel. Now Caeser’s is at it again, transforming Bill’s Gamblin’ Hall & Saloon, located at the intersection of Las Vegas Boulevard and Flamingo Road.

No doubt it is the location that attracted the casino giant to the space. It is center-Strip with a good amount of foot traffic and corner marquee. According to Vegas Eater, the property will be a collaboration between Caeser’s and upscale Gansevoort Hotel Group and be called The Cromwell. It will house approximately 200 rooms & suites, a 40,000-square foot casino, Giada De Laurentiis’s first restaurant, and a mega night/dayclub on the roof operated by Las Vegas nighlife guru Victor Drai. Look for a February/March opening.

The Cromwell
3595 Las Vegas Blvd S
Las Vegas, NV 89109