Las Vegas Casino Marker Default

Las Vegas Casino Markers Explained.

Casino markers are interest free credit extended to gambling patrons by casinos. The patrons are then able to place wagers using the marker instead of withdrawing money from the ATM or using credit cards. The markers make it easier for guests to continuing playing and to play longer.

Casino guests must complete a credit application and submit to a credit check before being extended a casino marker. The value of the casino marker is based on a guest's assets, credit score, and history with the casino.

Casino markers are a central component of the casino credit system and are used by casinos all over the world.

A signed casino marker represents an obligation to pay. All makers must be paid back within a certain time limit, usually within 30 days.

How Casino Marker Law is Different in Nevada.

It is very important to understand that failure to pay a casino marker is a criminal offense in Nevada. You will not be dealing with the casino or with a collection agency. The District Attorney's office will be criminally prosecuting you. In Las Vegas, the Clark County district attorney's office Bad Check Unit deals with unpaid casino markers. They have the power to issue warrants and extradite people from other states.

Under Nevada law (NRS 205.130), failure to pay a casino marker is the same as writing a bad check. Violations are treated as acts of theft. Failure to pay a casino marker for less than $250.00 is a misdemeanor offense carrying a sentence of up to 6 months in jail and a fine of up to $1,000.00.

Failure to pay a casino marker in amount of $250.00 or more is a category "D" felony and carries a sentence of 1 to 4 years in prison and a fine of up to $5,000.00.

In addition to fines and prison terms, convicted persons may also be required to repay the entire amount of the casino markers as well as pay the District Attorney's office mandatory administrative fees equal to 5% of each marker of $10,000.00 or less and 10% of each marker over $10,000.00. Fines and fees may be applied to each individual casino marker, quickly increasing the penalty.

Clearly, it is vital to retain professional legal representation as early as possible in the process. If a casino marker case is not handled properly, fines and fees may be compounded. A person convicted of failure to pay a casino marker may end up paying far more than the original value of the marker. To avoid any additional penalties, contact attorney Pat McDonald directly at 702-280-7715 today.

If you or anyone you care about has been arrested or will soon be arrested for Casino Marker Default, contact Pat McDonald immediately at 702.280.7715 or pat@lvbestdefense.com.