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What happens if I can't pay back a casino marker?

Talk about declaring bankruptcy, the issues involved and it's suitability to your financial problems

What happens if I can't pay back a casino marker?

Postby keri22 » Thu Jan 26, 2012 12:59 pm

If I get a marker worth my bank account of 3000 then I take out that from my bank account then finally take out my marker at the casino, in Canada Ontario what might happen if I can't pay back the marker?

If i filed for bankruptcy etc..
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What happens if I can't pay back a casino marker?

Postby nico » Thu Jan 26, 2012 1:10 pm

They have a staff of lawyers to keep you busy but bankruptcy will help. Try making a deal with them. If not you may be facing a fraud charge.
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What happens if I can't pay back a casino marker?

Postby teneyck31 » Thu Jan 26, 2012 1:14 pm

I would come up with the dough! This is the worst debt you could have.

3K ain't chit.. get busy..
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What happens if I can't pay back a casino marker?

Postby maximiliano15 » Thu Jan 26, 2012 1:24 pm

"If I get......"

OK, that implies that you didn't actually try this stunt yet. Obviously you are desperate, or you wouldn't even be thinking about this. The problem is that even if you win by trying this stunt, you STILL LOSE! You don't think that's true, but I promise you it is. You have a gambling problem, and winning one big bet is NOT going to solve your problems. You WILL be right back in this same situation in the very near future, and if it's not this time, it'll be the next time that you will go completely broke.

I know that 3,000 in the bank isn't enough to solve your problems, but if you go through with this, you will curse the day that you p*ssed 3K down the toilet. Get some help, man.
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What happens if I can't pay back a casino marker?

Postby duncan » Thu Jan 26, 2012 1:32 pm

PDQ is right-if you can AT ALL avoid it (meaning even walking away and cutting your losses) DO NOT take out a marker. A licensed casino marker is a hell of a lot better than a loan shark/unlicensed marker (picture Rounders and Grama/The Russian) where they will get their money-even if they have to kill you, but unless you have taken out a marker DON'T!!!

As the Harrah's commercial (or whatever their new corporate name is) says "Gambling is entertainment". I'll be the first to disagree with that as I used it to fund a good chunk of my college life, but under NO circumstances do you EVER gamble "in the hole". I took a bath one night and lost $500 (when you live on $300/mo in college that is huge) and was trying to get a loan from one of my friends-he told me he had it in his car we get out there he punches me, throws me in, and told me we were leaving... best thing he ever did for me.
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What happens if I can't pay back a casino marker?

Postby brannt65 » Thu Jan 26, 2012 1:45 pm

Is this a casino in Las Vegas? In Nevada, a signed casino marker is treated the same as a signed personal check, thus being unable to cover your marker is considered to be a 'uttering' misdemeanour. This is in the same class of misdemeanours as forgery.

Heck, Clark County DA's office even has an entire unit that does nothing except handle the prosecution of unpaid casino markers.

Obviously none of this applies if the credit wasn't issued in Nevada.

This is not legal advice.
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