Las Vegas visitors leave $ 22 million behind

Elwin Terrys / August 29th, 2023 16: 00 | Last edited on: 29 August, 2023 10:18

Every year, visitors to the many casinos in Las Vegas lose millions of dollars by not cashing out value tickets. These tickets are paid out by slot machines such as casinoslots . Often a (relatively) small amount remains there, which some people do not find too difficult to cash out or lose the ticket, which can cost a lot of money for the players.

In the busy casinos from Las Vegas you sometimes have to stand in line to exchange your money or to cash out. What if you have a money voucher of a few dollars? For a lot of people, that's apparently not worth standing in line for. As a result, a lot of these vouchers (often 6 months) often expire, which brings the casinos together at the end of the year about 22 million US dollars.

The casinos cannot keep this entire amount themselves, they only get 25% of that unclaimed money. The other 75% disappears in the pocket of the government, because the state of Nevada claims this 3 quarters of the amount thanks to a law from 2011.

The annoying thing about the cash vouchers is that the devices where you can redeem them do not pay out amounts below a dollar. This means that you have to pay the money manually at the service desk. Something that is not worth it for a lot of tourists on their holiday.

You might expect that there would be around 22 million dollars left annually due to these types of vouchers. However, there has been tremendous growth. 10 years ago, this amount was only 7.2 million dollars. Among other things, this has to do with the fact that slots are becoming more popular and are being played more and more often. As a result, more and more vouchers remain uncollected.

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