Casino Markers for international guests

Question

Hi all,

For my next trip I thought about looking into getting a casino marker rather than traveling with a wad of cash.

I’ve never had one before, nor do I 100% know the process. I do know you fill in a credit application, and they can take the cash out if your bank account, but I don’t know how this would work for international guests.

Also is a market casino specific? Or can you get one with MGM to be able to use at different properties?

Thanks

Chups

Answer

Casino markers are a great way to avoid carrying large amounts of cash while enjoying your time at the casino, especially in Las Vegas. Here's a detailed overview of how casino markers work, particularly for international guests:

What is a Casino Marker?

A casino marker is essentially a short-term, interest-free loan from the casino, allowing you to gamble without using cash. If you win, the casino will simply deduct the winnings from your marker balance. If you lose, you'll be required to settle the debt within the terms of the marker.

The Application Process

To obtain a casino marker, you'll need to fill out a credit application, providing details about your financial situation. This includes verifying your identity, your current bank account, and sometimes your credit score. In some cases, the casino will require you to have a minimum amount of funds in your bank account to qualify.

How it Works for International Guests

If you're an international guest, the process can be a little more involved, but it's still possible to get a marker. Here's how:

Bank Account Verification: Casinos will need to verify that you have the funds available. If you're an international guest, you'll likely need to show a statement from a bank that can be verified by the casino. Some casinos may accept a foreign bank account, but others may require a U.S. bank account for ease of verification. You might also be asked to show proof of sufficient funds or a letter from your bank.
Currency Exchange: If you have an international account, casinos may need to exchange your marker funds to U.S. dollars. The casino will have the authority to convert the currency or may direct you to use a currency exchange service.
Documentation: International guests often need to present additional documentation, such as a passport, proof of travel, or a flight itinerary to verify their identity and international status.

Can You Use a Casino Marker Across Different Properties?

Casino markers are typically property-specific, meaning that a marker issued by one casino (e.g., the Bellagio) is generally valid only at that property. However, major casino operators like MGM Resorts, Caesars, or Venetian may allow you to use your marker across their different properties, as they are part of a larger network.

For MGM Resorts: If you are approved for a marker at one MGM property, you may be able to use it at other MGM properties (like Aria, Bellagio, or Mandalay Bay), as they are all part of the MGM Resorts family.
For Other Casino Groups: Similar rules apply if you're dealing with Caesars or Venetian. These properties are part of larger groups, and you might be able to use your marker at multiple locations within the same group.

Things to Keep in Mind

Credit Limits: Each casino will have different policies regarding the credit limit they offer you, which is usually based on your financial situation and the casino’s internal guidelines. This limit can vary greatly from one property to another.
Repayment: You will need to settle the marker within a certain time frame (usually 30 days) or face fees and penalties. If you fail to pay, it could negatively affect your credit and lead to legal action, so it’s important to keep track of your marker balance and repayment deadline.
Fees: Some casinos may charge a small fee for issuing a marker or processing payments, so be sure to inquire about any potential charges in advance.

Should You Call Ahead?

Since the process for international guests can sometimes be more complex, it's a good idea to contact the casino’s credit office or VIP services department in advance. They can give you specific details about the requirements and process for getting a marker as an international guest.

Overall, while the casino marker system is generally straightforward for U.S. residents, international guests may need to jump through a few extra hoops. Still, it’s definitely worth looking into if you want to avoid carrying large amounts of cash while enjoying your time at the casino!