Originally Posted by
Stealth
Many (Most?) casinos have a cage limit to cash out without getting ID. In my experience in the LV area, offstrip is about 2K and on strip is about 5K. Money laundering issues were heavily regulated after the 911 catastophe. In addition to the 10K rule are rules for structuring which have a much lower boundary which is set by casino policy.
In Vegas, they do not have to cash your chips unless they want to .I can assure you they can and may keep them if they ID you as an AP. Harrah's confiscated my 8 black chips, gave me a reciept and told me to take it up with Gaming, even after having my ID. They demanded I tell them what date and on what table I played. I had the chips for over 8 months prior and had no idea where, when or how I goT them.
FYI, the gaming agent told me I would have to file a claim and then go present my case to the gaming board. RESEARCH THE GAMING LAWS IN NEVADA! VERY UGLY, VERY CASINO PREFERENCED.
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