Absolutely. Especially now that they have military grade weaponry at their disposal. The NYPD is the 7th largest army in the world. Then there's also the TSA, DHS, NSA, FBI, CIA, etc. Those federal agencies would be akin to the SS of Nazi germany. Originally the SS were the police of their government but then were brought into performing military operations.
I'm asking this because of how loose casino credit is, and how easy it is to get into debt you can't actually afford to pay off (so it's not just an instance of someone refusing to pay because they don't want to).
I personally have over a million in credit spread throughout las vegas (lines from 20 - 150K). I DON'T have that much money. If I were to go and lose my line of credit at every place I have it in vegas, I'd be broke. I also have lines of credit at individual properties that exceed the balance of the bank account that I gave them when applying for the credit. The increases were through a host, and the decisions were made based off my play, and they did no additional due diligence to make sure that I had the money to pay it (if they did they would've rejected it since the account I gave them doesn't have much money in it). I have also had additional credit given when I lost my line of credit, and it was given immediately (like, in 10 - 15 minutes. They rush to quickly do the paperwork so they can get me back playing). Obviously no due diligence is done during this.
With this "let the player lose first, worry about collecting later" practice, how much of markers drawn never get paid back?
Gambling debts are not always discharged under bankruptcy.
There are a number of factors that would determine it. First ,it depends when the debt occurred. Debts incurred immediately before you file are usually not discharged.
Then it depends on if when you incurred the debt you had a reasonable ability and intent to pay it back. An unemployed person who max out their credit cards and casino credit would more than likely not have them discharged, and it also depends on how willing the casino is to forgive the loan. The casino can fight the bankruptcy and if they claim fraud, the process just got a lot harder. Nevada has and will prosecute people for fraud.
A casino marker is an advance of credit to a gambler against funds on deposit or tied to a credit card. Sometimes, a casino marker is tied to a casino credit line or a post dated check. If for example a player's credit line is $10,000.00, then the casino will accept a check or checks totaling $10,000.00 from the gambler and agree to hold these checks until some date in the future. Check cashing privileges at a casino can permit a gambler to cash either personal or business checks at the casino cage. The casino will then deposit these checks into their bank account on the next business day or whenever the casino agrees to do so. Different casinos have different policies on checks. In some jurisdictions the post-dating of the check makes it a civil matter or criminal matter if the check is returned. In a bankruptcy case it can complicate matters if the casino has deposited the check, or is holding the post-dated check and presses criminal charges in their jurisdiction for writing a bad check or issuing a check that was never intended to be honored. Bankruptcy cannot stop criminal proceedings against you for bad checks
Once approved, you will need to go to the property Cashier's Cage for ID verification, then you will be able to access your credit. This credit is provided via a Marker, which is a counter check against your casino credit line that will be repaid with funds from your checking account.
Q: Can I use the funds for live poker?
A: No, the funds are for table games and slot play only.