Las Vegas Casino Owner Offers 1:1 Exchange Rate for Canadian Dollars to Boost Tourism
Vegas Casino Accepts Canadian Dollars at Par with US Currency

Las Vegas Casino Operator Launches Special Promotion for Canadian Visitors

In a bold move to revitalize tourism from north of the border, Las Vegas casino magnate Derek Stevens has announced an unprecedented promotional offer that treats Canadian dollars as equal to US currency at his three downtown Las Vegas properties. This initiative, which runs through August 31, 2026, represents a significant departure from standard exchange practices and provides Canadian visitors with substantial financial benefits during their Las Vegas stays.

Substantial Savings for Canadian Gamblers and Tourists

The promotion offers Canadian visitors more than a 30 percent discount based on current exchange rates, which Stevens hopes will make Las Vegas more appealing to travelers from Canada. The special rate applies to hotel accommodations, beverages at casino bars, and up to $500 worth of casino play at the Circa, D Las Vegas, and Golden Gate casinos, all of which operate under Stevens' ownership in downtown Las Vegas.

Under normal circumstances, the Canadian dollar trades at approximately $1.38 against its US counterpart. This exchange rate typically means that a Canadian visitor bringing C$1,000 to Las Vegas would receive only about $724.80 in US currency after conversion. Stevens' promotion effectively eliminates this exchange rate penalty, allowing Canadian dollars to maintain their full face value throughout the summer months.

Addressing Declining Canadian Tourism

The promotional campaign comes as Las Vegas experiences an eleven-month consecutive decline in tourism, with the Las Vegas Convention & Visitors Authority specifically citing reduced visitation from Canada as a contributing factor. Industry analysts have noted that ongoing tensions between the US and Canada regarding tariffs and other bilateral issues have prompted some Canadian travelers to boycott American destinations and products.

Stevens, who grew up in Michigan with a view of Canada from his bedroom window, recalled similar promotional strategies that border businesses historically employed to attract Canadian customers. In a video message announcing the initiative, the casino operator expressed his desire to rebuild the relationship between Canadian travelers and Las Vegas tourism.

"I want to invite Canada back to Las Vegas," Stevens declared in his public statement, emphasizing his personal connection to Canada and his commitment to reviving cross-border tourism.

Strategic Business Move During Summer Months

The timing of this promotion, spanning the peak summer travel season through August 31, represents a strategic business decision aimed at capturing Canadian visitors during their traditional vacation periods. By offering substantial savings on multiple aspects of the Las Vegas experience—from accommodations to entertainment—Stevens hopes to position his properties as particularly attractive destinations for Canadian travelers seeking value during their US visits.

This initiative marks one of the most significant cross-border tourism promotions in recent Las Vegas history and demonstrates how individual business operators can implement creative strategies to address broader economic and diplomatic challenges affecting international travel patterns.