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Casino Owner To Sell $7.85 Million Home for Bitcoins

Casino Owner To Sell $7.85 Million Home for Bitcoins

Jack Sommer, the casino owner and commercial developer, is selling his Las Vegas home for $7.85 million and he is willing to accept the money in bitcoin. Sommer said the idea to accept bitcoin came from his two sons who have been involved in the currency.

Casino Owner To Sell $7.85 Million Home for Bitcoins

Jack Sommer has put his $7.85 million Las Vegas home on the market and says he is prepared to accept bitcoins.

Julian Tosh, a consultant and owner at bitcoinsinvegas.com, explained that using the currency can streamline international business deals, “There are a bunch of people who have bitcoins, and they’re dying for a place to spend it. If you increase awareness of potential buyers, you could tap into new markets.”

The property features marble from China, Iceland and Brazil, a full basement, staff quarters with Jacuzzis and a secret garden. It also contains 39 air conditioning zones fed from a 120-ton cooling tower. There is a library with shelves lined in American cherry wood and views of golf course fairways.

Craig Tann from Prudential American Group’s Estates of Las Vegas said that it may be the first home in southern Nevada to be marked around bitcoin. More and more businesses are accepting bitcoins and last week one bitcoin was worth about $870.

OCA News Editor

With a background in game development spanning 8 years, Sam Peterson is OCA’s leading authority in the world of online gaming. His focuses include new releases and gaming providers.

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