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 Originally Posted by Seasider
I like point 3. I have never played in a casino, but am suprised that in somewhere as big as Vegas they cant just wire $$ straight to your bank account.
It's not a matter of "can't", it's a matter of "won't". Casinos want to make it as easy as possible to get your money into the casino, and as hard as possible for you to get your money out of it.
I never use it because I have more than enough credit, but wire transfers from my front account (that I only use for casino markers) are free and instantaneous. I could wire any amount to Bellagio right now and they'd give it to me immediately (in chips, of course), and they'd even pay the fee on my end if there was one. But if I want to wire back? "Nope, we don't do that, sorry."
They are of course more than happy to cash out my chips and put it in a safe deposit box there, but if I want to get the money out, I'm going to have to lug it out in paper bills. They know there are security issues, they know it's a hassle, they know I have to go deposit all that money at the bank, and since it's usually more than 10k, they know I'm going to run into IRS records. The point is, they want me to have to endure that.
I will not be at all suprised if a high roller at some point gets seriously injured or killed during a mugging on or immediately outside of casino property and a lawsuit is brought against the casino. It would certainly have a lot of merit. Heck, even if not injured - I'm no fan of NIED, but a lawyer could probably make a case.
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