Vegas Vaults

Afternoon (currently) to all,

Wanted to stop by and leave a post. We opened a new facility in the Las Vegas Valley called Vegas Vaults. We specialize in anonymous and non-anonymous private storage, both deposit box as well as safe size.

Vegas Vaults is located inside a local security and alarm monitoring business, TSI, which has a stand alone UL certified building. We have the security that you would expect there to be in a sensitive location such as this: biometric area entry followed by pin, anti pass back man traps, megapixel cctv recorded on and off site, 24 hour personnel located outside the vault area, reinforced exterior and ceiling protection, etc. Being affiliated with TSI we also have the good fortune of the services that they provide right on site.

Every employee with access to the vaults has gone thru a local and federal background check and carries a current Sheriff's Card. The business is owned and operated by Las Vegas natives who understand the valley and its unique culture.

Being a local, I am intimately aware of the history of private storage in the valley, and invite you to stop by when you have a chance to check us out for yourself. I am also available here if you have questions or concerns.

Tyler Bayne
Managing Member
Vegas Vaults
www.vegasvaults.com

Quote: Tyler

Afternoon (currently) to all,

Wanted to stop by and leave a post. We opened a new facility in the Las Vegas Valley called Vegas Vaults. We specialize in anonymous and non-anonymous private storage, both deposit box as well as safe size.

Vegas Vaults is located inside a local security and alarm monitoring business, TSI, which has a stand alone UL certified building. We have the security that you would expect there to be in a sensitive location such as this: biometric area entry followed by pin, anti pass back man traps, megapixel cctv recorded on and off site, 24 hour personnel located outside the vault area, reinforced exterior and ceiling protection, etc. Being affiliated with TSI we also have the good fortune of the services that they provide right on site.

Every employee with access to the vaults has gone thru a local and federal background check and carries a current Sheriff's Card. The business is owned and operated by Las Vegas natives who understand the valley and its unique culture.

Being a local, I am intimately aware of the history of private storage in the valley, and invite you to stop by when you have a chance to check us out for yourself. I am also available here if you have questions or concerns.

Tyler Bayne
Managing Member
Vegas Vaults
www.vegasvaults.com

If you have the security I would expect there, IM OUT. A few of them have been robbed in vegas. The boxes were outrageously over priced.

@axelwolf

The prices are listed on the site. While it is certainly not what the casino or bank will charge you to use theirs, the benefit is that you're not using the casino or bank, and if you're a player the cost for access and discrete storage is rather de minimus compared to the alternative.

I am very aware of the intrusions that have occurred in like minded facilities as I have been in both. Vegas Vaults was built with those incidents in mind and improved upon appropriately. If your expectation of security is less than what you would choose to store your sensitive items in, I would certainly recommend an increased expectation of security :)

If you have time I would like to invite you over to see the facility and chat with me about security, storage and the expectation level for both. We are certainly not closed minded about our approach to provide increased service to our clientele.

Thanks

Quote: Tyler

@axelwolf

The prices are listed on the site. While it is certainly not what the casino or bank will charge you to use theirs, the benefit is that you're not using the casino or bank, and if you're a player the cost for access and discrete storage is rather de minimus compared to the alternative.

I am very aware of the intrusions that have occurred in like minded facilities as I have been in both. Vegas Vaults was built with those incidents in mind and improved upon appropriately. If your expectation of security is less than what you would choose to store your sensitive items in, I would certainly recommend an increased expectation of security :)

If you have time I would like to invite you over to see the facility and chat with me about security, storage and the expectation level for both. We are certainly not closed minded about our approach to provide increased service to our clientele.

Thanks

A good insurance option would be the only way most smart gamblers would use a place like this. We all know what and why people use private boxes. to much to risk with no recourse. I also heard these type of places get targeted by the IRS and law enforcement, since there are so few of them to look at (unlike a casino box) How is something like a court order work?

@axelwolf

Good question and comment.

Insurance companies are typically rather suspect about "blind" insuring a box or safe. They are going to want an itemized list of what is being insured, typically something that people are hesitant to provide. If you are looking for an insured box or safe we can certainly provide that functionality for you.

On the court order front, if a subpoena is issued it is going to be very specific to the Judge and prosecutor that are involved. As we do not keep personal identifying information for our anonymous clients, we would be unable to confirm that a person is a client of The Vaults, and/or what box or safe they might have. A subpoena would not be issued for the entire back end database, and even if it were the information is not there. The video is similarly protected.

I'd be happy to go over it in more detail privately should you have additional questions.

Thanks!

I would be more interested in knowing If a insurance company would insure cash inside a box? I would assume not. I guess one could say they had gold or something. I also wonder how public what you have insured is.

@ axelwolf

That would be their call, of course. I am unaware of an insurance company specifically securing a box of cash that they do not have full access to, but I'm sure that there is a price for everything.

Quote: Tyler

@ axelwolf

That would be their call, of course. I am unaware of an insurance company specifically securing a box of cash that they do not have full access to, but I'm sure that there is a price for everything.

It dose seem like its harder to keep long term casino boxes anymore. Your $300 cost is not bad. Unfortunately, To many true horror stories concerning private boxes. With no assurances concerning Safety, it Looks like everyone will have to stick with the Walter White system, that seems far safer. Shovels are cheap

@ axelwolf

Nothing against Walter (who is a bad, bad man!), we have him beat hands down. Stop by and see for yourself, the difference is far greater than night and day.

I am jealous of people who have enough money to need a $6000 a year vault. I could get away with one of those little fireproof ones that they sell at walmart to store small docs and still have tons of room left over.

Quote: Tyler

@ axelwolf

Nothing against Walter (who is a bad, bad man!), we have him beat hands down. Stop by and see for yourself, the difference is far greater than night and day.

are prices negotiable? If not negotiable for 1 year What about long term commitments? What about only 6 month commitments do u offer a price for that?

@gwae

I hear ya, tho I can certainly attest to the old adage "more money, more problems". There's always a flip side.

@ axelwolf

Any multi-year, pre-paid agreement would be extended a discount that we have done many times already.

We have done some shorter term agreements (less than one year) at the same 1 year rate. We would be able to accommodate a six month commitment without a problem.

I think you will have a hard time convincing members of the gambling community, Mr Bayne. I am, I guess, a professional gambler, although I don't like that term, nor labels in general. I support my self 100% from casino, mostly blackjack play. I am also a former client of 24/7 Private Vaults. Although I was lucky enough to have not experienced a loss during last years, fiasco, (which I am still willing to bet was an inside job, with or without the knowledge of 'Mr Elliot'). In re-evaluating my needs in the aftermath, I would never consider using such a service again, and am still embarrassed that I was foolish enough to do so in the first place.

For legitimate people, like myself, the only advantage of your service over banks is convienence. I myself, was concerned with the possibility of experiencing a sizeable loss to my 'playing bankroll', early during a weekend, particularly a long holiday weekend and not being able to replenish funds, meaning the loss of that whole weekend. But really, that single advantage (reward) is far out weighted by the risk, IMO. In hindsight there are other, less risky, avenues to handle this potential situation, with just a little preparation.

Now admittedly, I am based in Vegas and play only mid level stakes. I can see the benefits of a service for out of town payers, who travel in late Friday's for the weekend and/or leave Sunday and don't want the hassle of carrying funds, although again, in light of last years highly suspicious events, I think you will have a hard time convincing them that the rewards outweigh the risks.

I recently ran into a gentleman who also was a client of 24/7 Private Vaults. His business is not gambling related, but Real Estate. He would often attend real estate auctions on a weekend and when he won a bid, have only a coupe hours to complete the cash transactions, so you can see where such a service might be of value, but he expressed almost the same feelings that I have. The risk just is not worth the reward. I think 'Mr Elliot' and the incident last year have really damaged the credibility of your industry among credible, legit, people who might use such a service. You have your work cut out selling to the gambling community.

Hey, I give you vault guys prop's- you got huge balls.

First you offer "secure" vaults. Then you steal everyone's cash, and disappear. Now re-appear and see how many more suckers there are that will offer up more cash for you guys to steal. WOW! WOW!

@kewlj

Thank you for your honesty and insight, it was a great read.

I will agree with you on both fronts.
1) The other companies intrusion was highly suspicious.
2) That intrusion has decidedly hurt the credibility of those in this industry.

We are VERY aware of the circumstances surrounding the other companies break in. We were actually under construction when it happened. Fortunately for us, we were able to take what was missed at his location and make sure that all of those facets were covered at ours in addition to the information already shared.

As a former customer there, and being Vegas based as we are, I would love for you to stop by at your convenience to discuss differences between the two as well as perhaps some suggestions that you might share having been on the clientele side of it. I would highly value your input, both positive and negative.

@keysersoze

It is a shame you feel that way, nevertheless preconceived notions will be what they are.

However "they" are not "us".

"What can I store in my box?
You can store virtually anything you want to in your box accept drugs, ammunition or explosives. We randomly run a dog through the facility weekly to check for these items. If they are found, the box will be immediately drilled and the contents turned over to the police."

Do you have pictures or video of the dog? Can you pet the dog or is it held off site?

Also say for some unfortunate reason, you are broken into and the boxes are stolen. Do box owners have any recourse on getting anything back or some sort of coverage from you guys? Would you have any way of knowing in the case of anonymous boxes?\

For the record these boxes don't look so bad but I'll take my chances with the mattress for now. I don't think playing 25 cent VP makes deposit box money just yet.

@ perdition

Thanks for the typo catch, will get it fixed asap!

Dog belongs to LVMPD K9 training unit. We have not run video of the check, not for any reason other than no one has ever asked. If Metro has no problem with it than I certainly don't. I'll ask on their next visit.

If there was a break in and your box was anonymous, we wouldn't have any information about you or what you have in your box. Unfortunately at that point there is very little that can be done in terms of recourse as there can be no substantial evidence of loss. I understand that there may be a/several lawsuits running their course now regarding the location that was burglarized, in cases such as those if gross negligence is proven than the recourse could be substantial. It will remain to be seen whether a precedent is set regarding anonymous private storage with the judgements there. Should be an interesting read.
If your box is not-anonymous and insured, then the recourse is a matter of filling out the appropriate paperwork.

Good luck on the 25 cent VP slots, and may they bring you to bigger and better things :)