State of Nevada Reaps More That $35 Million in Unclaimed Casino Winnings

Submitted by Guest on

Written by :

Guest

Published on :

State of Nevada Reaps More That $35 Million in Unclaimed Casino Winnings

LAS VEGAS (Associated Press) - State officials say Nevada has reaped more than $35 million in the last five years from gamblers who forget or don't care to cash in slot and video machine tickets at Nevada casinos.

The Las Vegas Sun reports that with coin-based slots a thing of the past, tickets are the new currency for players.

Machine-dispensed tickets are usually taken to casino cage or an automated kiosk similar to an ATM to be exchanged for cash.

But the Nevada Gaming Control Board directs winnings that aren't claimed within six months. The state general fund gets 75 percent of the revenue, and casinos get 25 percent.

Officials say casinos have provisions to handle damaged tickets, if they're legible, and even to replace lost or stolen tickets.

 

Related Content

BetAmapola Dispute Resolved: Player Paid in Full

BetAmapola Dispute Resolved: Player Paid in Full

Gambling911.com is happy to report that a long standing payout issue involving BetAmapola has now been resolved.
As Odds de Apostas Melhoram Para o Brasil Ganhar um Time da NFL Após Declaraçõe

As Odds de Apostas Melhoram Para o Brasil Ganhar um Time da NFL Após Declarações de Goodell

O comissário da NFL, Roger Goodell, afirma que é inevitável que, no futuro, a liga tenha uma equipe sediada permanentemente fora dos Estados Unidos.
More Sweepstakes Casino Closures in August: LuckyStake and The Money Factory Shut Down

More Sweepstakes Casino Closures in August: LuckyStake and The Money Factory Shut Down

LuckyStake shut its sweepstakes casino down Aug. 14 with redemptions due by Aug. 20. The Money Factory did so two weeks prior.
Virginia Lawmakers Propose Sweepstakes Ban in 2027: Time Not on Their Side

Virginia Lawmakers Propose Sweepstakes Ban in 2027: Time Not on Their Side

Senator Bryce E. Reeves introduced a bill to ban sweepstakes casinos in the commonwealth of Virginia earlier this year. It was revealed this week that the bill would be carried into the 2027 legislative period.