How much money does a Las Vegas casino have to keep on hand?
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January 12th, 2010 at 3:51 pm
The larger the casino, and the higher the stakes are that they accept, the more cash they need to keep on hand.
Sorry I don’t know the specifics. pdq
January 13th, 2010 at 11:46 pm
the quote from oceans 11 is true - Nevada gaming law states they must have enough money to cover every chip on their floor -
it depends on the property - a big strip property like the bellagio or Caesars or similar it can be as high as the 100’s of millions depending on the weekend
most places in vegas however are not that well funded - all places are well into the millions Mrs. BonBon
January 16th, 2010 at 4:17 pm
Sorry I have no answer but according to the large casino they had big bank backups. Anthony