Casino marker definition

broken image
broken image
broken image

NRS 205.130 states that “ person who willfully, with an intent to defraud, draws or passes a check or draft to obtain … credit extended by any licensed gaming establishment … when the person has insufficient money, property or credit with the drawee of the instrument to pay it in full upon its presentation, is guilty” This is because if the casino tries to deposit the check and there isn’t enough money to cover the debt, then by law the person is presumed to have had fraudulent intent. If you don’t repay your casino marker in Nevada, the state considers it bank fraud. Presently, an unpaid casino marker that’s worth more than $250 can be filed as a felony charge in Nevada. If a marker is signed and used without the necessary funds to cover the amount, and if it’s not paid back in full, casinos have the right to prosecute it as they would a bad check.

broken image

In Nevada, casino markers are similar to personal checks. Its purpose is for your convenience and it is expected to be paid back within 30 days. So, what is a casino marker? A casino marker is a loan with zero interest that the casino allows you to establish with them so that you can play without having to carry extra cash.

broken image