I have been running really good the last few days and as a result have accumulated many dozens of $1000 chips. I've never cashed out for more than $10k at this casino though. I'm thinking I'll just buy in with chips when I play and keep cashing out $8-9k a day, and eventually I can get rid of them all after a week or two. I'm not cashing out for more than $9k because I've heard that $9900 and similar amounts can get you an SAR. I cashed out over $10k once at their affiliated property in another city, but I doubt that my SSN transfered over because their computer system isn't very good. I don't really want to do a CTR because (1) they have my old address on file and I don't want it updated, (2) I'm afraid if they have my SSN it can help them further identify and spread information about me once they kick me out, and (3) they already take forever to cash me out, and it could create a big hassle if I do more than $10k.
Is it OK to just keep cashing out $8k a day? Is that considered structuring? Could it get an SAR filed on me? Is it unlawful in any way? Could it cause any other problems?
Reply With Quote
Bookmarks