Given the increasing flexibility of kiosks on the casino floor, is the venerable casino cage is going to become a thing of the past?
Casino-floor kiosks can seemingly do everything but fry your bacon these days, facilitating fund transfers and enabling cashless transactions in an era where customers are doubly shy about handling currency, thanks to COVID-19. While one of the leading kiosk manufacturers, Everi, declined to respond to our inquiries, Boyd Gaming assures that the good old cage is here to stay, at least for the foreseeable future.
“While it is true that [ticket-in, ticket-out] kiosks are widely available now, casino cages handle much more than cashing slot tickets,” says Boyd spokesman David Strow. “Cashing casino chips, for example, can’t be handled from a kiosk — you have to go to the cage for that. Casino cages also handle such services as check cashing and casino credit, functions that won’t be migrated to a kiosk any time soon.
“And, of course, some players still prefer to convert their TITO tickets to cash, particularly if it is for a large amount.”
We should add that casino cages play a role in counteracting money laundering.
Los Angeles businessman Dae Yong Lee was just convicted of bribing then-councilman José Huizar with a half-million dollars in casino chips. Had he done this at one of southern California’s card rooms, he might have gotten away with it. But Lee naively went to Las Vegas with Huizar, bought the chips in question, and handed them to Huizar (all on video), who then converted them to cash in a kindergarten-level attempt at money laundering. Thanks to Vegas video surveillance, the corruption was thwarted.
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