Wire transfer

If money is wired to a casino prior to your visit what is the process to access the money at the casino? Are there tax forms?

Doesn't this involve paying some kind of fee?

my understanding is if you wire money to the casino, you can just draw markers against it at the table, the same as if you had a credit line.

Quote: Nmacrh

If money is wired to a casino prior to your visit what is the process to access the money at the casino? Are there tax forms?

I am not from the US. On two trips in the US several years ago, I wired funds to a casino (in excess of $10K). Then just used markers to access them.
Could not get cash directly to pay in other casinos, but I did cash chips to use the cash for other casinos.
At the end asked the casino to wire back to the same bank account overseas the balance.
I assume that they filed these over $10k forms.
Bank charges were the usual bank charges in international wires.

Quote: AceTwo

I assume that they filed these over $10k forms.

The form is for CASH transaction over 10k. Checks and transfers are reported directly by the bank to the IRS. YES it's reported they don't need to tell you and yes multiple transactions that look like it's to avoid reporting gets reported. Know there is also a suspicious activity report that all financial institutions file (includes casinos) so if you put $200 in 1's and/or 5's its reported with what they have.

Thanks for the info