The Golden Nugget is an iconic downtown Las Vegas casino. Since opening in 1946, it has consistently attracted a strong flow of guests.
The casino revealed on social media Wednesday that it’s now offering visitors to Nevada the ability to use Flex Pay when booking their next stay. This means they can spread the cost of their rooms in instalments, rather than a lump sum:
Buy now, pay later is becoming increasingly prevalent as an option when buying everything from Starbucks coffee to Zara clothes. Klarna and Afterpay are two of the biggest names in this space.
they encourage people to buy impulsively and overspend
Examining the dangers of these offerings, wealth management firm Charles Schwab said the schemes encourage people to buy impulsively and overspend. Late fees can be quite extortionate, and you often don’t get the same consumer protections as using a credit card.
Other Las Vegas properties have also started offering a similar option. Resorts World Las Vegas announced in October that it would be “among the first properties” on the Strip to do so. Westgate Las Vegas Resort & Casino is another company in the region that advertises this option for guests.
