Las Vegas based Costas Inc. will supply cryptocurrency ATMs to L.E.J.C sa. of Costa Rica, which supplies ATMS with major casino and sports book groups in Latin America.
The initial ATM placements is likely to be in in Mexico with as many as 300 total ATM deployments throughout Latin America. L.E.J.C. will locate and contract with casinos, and “walk-up” sports books, and then maintain the machines, the companies said in a press release.
“The Latin American market is fast growing, underserved market, and most in need of a secure, cost-efficient method of funds transfer and currency exchange. Mexican nationals in the U.S. sent $22 billion back to Mexico in 2016,” L.E.J.C. said in a press release.
L.E.J.C. is also in negotiations with the two largest convenience store operators in Mexico to deploy regular ATMs to hundreds of locations, the release said.
