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Vegas chosen for launch of Bitcoin ATM

The world’s first Mike Tyson Bitcoin ATM opened at Off the Strip at The LINQ late last month.

It was the first of several Mike Tyson Bitcoin ATMs planned for the Las Vegas community as well as across the globe.

The ATM, which is owned and operated by Bitcoin Direct LLC, a subsidiary of Conexus Corp., gives consumers the ability to instantaneously purchase bitcoin through their mobile devices in an effort to bridge the gap between bitcoin users and mainstream culture.

“Our restaurant was selected because it is in a prime location, right in the center of The LINQ Promenade with direct access to thousands of guests every day,” Tom Goldsbury, founder of Off The Strip at The LINQ, said in a statement.

The most significant difference between purchasing bitcoin from a Mike Tyson Bitcoin ATM rather than online is the convenience and privacy that the bitcoin ATM offers to consumers. They’re able to purchase bitcoin from a Mike Tyson Bitcoin ATM by using their Bitcoin Wallet, which is available on any handheld device and can purchase anything from gift cards to food.

“My fastest knockout in the ring was 30 seconds and my Bitcoin ATM can turn your cash into bitcoin in 20 seconds,” Mike Tyson said in a statement. “Las Vegas is the fight capital of the world, and it is also a notable technology hub, making it a perfect location for the first Mike Tyson Bitcoin ATM. This is the first of hopefully many across the globe.”

State good for women owners

Nevada has a greater-than-average share of middle market firms owned by women, according to a report by American Express and Dun & Bradstreet.

The report, “Middle Market Power Index: The Growing Economic Clout of Diverse Middle Market Firms,” found that Nevada has an estimated 861 middle market firms, of which 65 are owned by women 49 are owned by multicultural proprietors.

By using Dun & Bradstreet’s proprietary databases of commercially-active U.S. firms, the characteristics and economic impact of diverse middle market enterprises — defined as businesses generating between $10 million and $1 billion in revenues — were analyzed.

Nevada has an average of 8 percent of middle market firms owned by women, compared to the national average of 6 percent.

Out of the 8,219 women-owned U.S. middle market firms ($10 million to $999 million) nationally, Nevada accounts for 65.

For more information about the Middle Market Power Index, visit http://about.americanexpress.com/news/docs/2015x/GCP-DB-Middle-Market-Wmn-Minority-Report.pdf.

Vegas ‘average’ for small biz

Small business owners rated Las Vegas about average among cities in the United States for its business friendliness, according to Thumbtack’s annual Small Business Friendliness Survey.

Thumbtack, a technology-based marketplace that connects Americans with experienced local professionals to help them accomplish more than 5 million personal projects each year, surveyed nearly 18,000 U.S. small business owners including 168 in Las Vegas and 203 in Nevada.

The study asked respondents to rate their state and city governments across a broad range of policy factors, including the friendliness of states and cities toward small business, and about the regulatory environment for labor, tax and licensing rules.

“Small business owners on Thumbtack have consistently told us that they welcome support from their governments but are frequently frustrated by unnecessary bureaucratic obstacles,” Jon Lieber, chief economist of Thumbtack, said in a statement. “Las Vegas earned all-around average grades from its local small businesses, a sign that the community could be doing more to support microentrepreneurs.”

Las Vegas earned a C+ overall for small business friendliness, ranking 53 out of 95 cities ranked this year. Its overall grade slipped slightly from a B- in 2014.

Las Vegas also earned an A- for its tax regulations, and a B for ease of starting a business. Nevada’s best scores included A+’s for both its tax and zoning regulations, as well as an A- for ease of starting a business.

The worst scores for Las Vegas were C- grades for government friendliness, licensing regulations, and training and networking programs.

As a location, Las Vegas earned a B- among small business owners who would encourage other entrepreneurs to start a new business.

The top 10 best-ranked states were Texas, New Hampshire, Utah, Louisiana, Colorado, Idaho, Tennessee, Virginia, Georgia and Kansas. Best-ranked cities included Manchester, N.H.; Dallas; Richmond, Va.; Austin, Texas; Knoxville and Nashville, Tenn.; Houston; Fort Collins and Boulder, Colo., and San Antonio, Texas.

The five worst-ranked states were Rhode Island, Illinois, Connecticut, California and New York. The worst-ranked cities included Hartford, Conn.; Albuquerque, N.M.; Buffalo, N.Y.; New Haven, Conn., and Winston-Salem, N.C.

Complete results for Las Vegas are published at https://www.thumbtack.com/nv/las-vegas/.

 

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