Coin Cloud is a company that offers bitcoin ATMS in Las Vegas, having installed ATMS in the downtown area as well as along the Las Vegas Strip. The company has announced expansion plans to install two more bitcoin ATMs, one to be placed in The Plaza Casino and another in the Lucky Dragon Hotel & Casino.
The bitcoin ATMs provide an option for digital currency users who wish to be able to buy or sell bitcoin while in Las Vegas. The kiosks will be located in the two casinos, providing bitcoin users with the option to transfer funds digitally by using a smartphone button. The ATMs have a small cost to use, similar to a standard ATM.
Coin Cloud owner, Chris McAlary, commented on the two new installations, stating that the company is thrilled to be adding the Lucky Dragon Hotel & Casino as well as the Plaza Hotel & Casino to their lineup of properties that offer convenience and ease of digital currency to their customers. By partnering with the Lucky Drago, Coin Cloud will be able to provide services to the top market in bitcoin, which is China. There is a strong focus on the Chinese market within the Lucky Dragon as the primary guest demographic is Asian Americans.
Coin Cloud pointed out that many cross-border tourists prefer to use bitcoin instead of having to bother with exchange rates or strict bank limitations. Money can be stored digitally and cash withdrawn via the Coin Cloud ATMs once they are installed in the gaming venues. The Coin Cloud ATM just launched at The Plaza on the 18th and the Lucky Dragon began a soft opening yesterday.