Coach, you say a player can't cash out chips he bought in for with cash and request a check at cashout. I don't have any experience with this, because I try to do the opposite, stay away from anything and everything that requires paperwork and I.D.
But I don't understand what you think the difference is between the player getting cash or a check. Let's take this scenario. Player buys in for 20k cash. I have seen this several times. So he plays for a couple hours, Blackjack, Bacarrat, roulette, pick your game. At the end of play he is exactly even. $20k in chips. He takes those chips to the cage, where by law they have to pay him. What difference do you think it makes as to whether he is paid in cash or requests a check?
You are saying to avoid the posibility of money laundering. The possibility of money laundering is no different whether he receives cash or a check. He could have still laundered his original 20k, when he bought in, if that is what he was doing and when they pay him by whatever means, cash or check, he would have laundered his money, if that was what he was doing. As a matter of fact any kind of thing like that, the player would want to get paid cash, rather than check. that is what they would be after... cash. A check actually provides some protection, should they discover later, that is what he was doing. They know right who got the check and where the money went.
Point being, cash or check just doesn't make one bit of difference. Now, maybe there is some strange law that doesn't make sense, cause like I said, I don't know, and there are always stupid laws that don't make sense, so I will defer to those that have experience in this area, but from a practical standpoint, paying by check is absolutely no different that paying by cash for any kind of money laundering concerns.
Dan Druff: "there's no question that MDawg has been an obnoxious braggart, and has rubbed a ton of people the wrong way. There's something missing from his stories. Either they're fabricated, grossly exaggerated, or largely incomplete".
How can getting a check be money laundering when your NAME is on the check???
Some of your arguments make no sense.
Dan Druff: "there's no question that MDawg has been an obnoxious braggart, and has rubbed a ton of people the wrong way. There's something missing from his stories. Either they're fabricated, grossly exaggerated, or largely incomplete".
Next you're going to tell us that taking cash to a 7-Eleven for a money order is money laundering.
I don't read much of it but I find it fun when you three go round and round the chestnut tree.
Dan Druff: "there's no question that MDawg has been an obnoxious braggart, and has rubbed a ton of people the wrong way. There's something missing from his stories. Either they're fabricated, grossly exaggerated, or largely incomplete".
Dan Druff: "there's no question that MDawg has been an obnoxious braggart, and has rubbed a ton of people the wrong way. There's something missing from his stories. Either they're fabricated, grossly exaggerated, or largely incomplete".
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