Provincial casinos - deposits and withdrawals in cash (proof of origin)
13th Feb. 2024, at 09:54 pm CET#1
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Hi folks,
From time to time I used to go to the state casinos and only to the table games. I swap back and forth between cash and chips several times as required... sometimes at the cash desk, sometimes at the table... I know that I have to show my ID at the entrance, but when exchanging cash I no longer have to... Does anyone know whether and, if so, how and what data is recorded during cash transactions?
I am thinking of two typical subsequent processes:
1. Depositing a win into a current account:
You are asked by the bank for proof of origin. Can the casino confirm/issue this? And if so, how can the bank track whether I went out with + or - if no personal data is asked for when making a deposit/withdrawal?
2. Proof of a loss:
In the same way, it may be necessary to explain what a cash withdrawal was used for when asked. If this has been gambled away in the casino, is proof of the visit (paper ticket from the LSB) sufficient?
Does anyone know what the LSB's processes are for this?
Provincial casinos - deposits and withdrawals in cash (proof of origin)
22nd Feb. 2024, at 10:31 am CET#2
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You only have to show your ID when you enter the casino to be checked against the nationwide central blocking file. Unfortunately, I can't say anything about the rest, as my casino experiences were years ago, but how are they supposed to keep track of your data when you pay at the cash register or at the table if you don't tell them who you are? At least that's how it used to be.
Provincial casinos - deposits and withdrawals in cash (proof of origin)
27th Mar. 2024, at 03:54 pm CET#3
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When I enter the casino, I receive a plastic RFID card or, depending on the casino, simply a paper "day card" with my name on it. When changing from cash to chips and back, I have to present this to the cashier, who then makes some entries in the PC. However, when changing money from cash to chips directly at the table (in the form of a bet), this is not done.
Provincial casinos - deposits and withdrawals in cash (proof of origin)
27th Mar. 2024, at 04:16 pm CET#4
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So when I once won 14K at BOR in Kassel, they asked to see my ticket and ID again when paying out. I also asked why at the time. Answer: They keep a record of wins that fall under the Verification check at banks and I can then indicate to the bank (when depositing) that this money was won at the casino. They then check this with the casino.
However, as I split the money and deposited it into different accounts at the time, I didn't have to tell / explain anything to the bank anyway.
I can't imagine a bank tracking your losses - in KS you can withdraw money in the casino and in front of the casino. But how is a bank supposed to know whether you are gambling away your money or spending it in the shopping center (same building in KS)? If at some point (I hope not) it is possible to gamble directly at the ATM with a debit or credit card - then it would be conceivable that they would track this.
Provincial casinos - deposits and withdrawals in cash (proof of origin)
28th Mar. 2024, at 04:26 am CET#5
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Oldaka wrote on 27.03.2024 at 16:16: So when I won 14K at BOR in Kassel, they asked to see my ticket and ID again when I paid out. I also asked why at the time. Answer: They keep a record of wins that fall under the Verification check at banks and I can then indicate to the bank (when depositing) that this money was won at the casino. They then check this with the casino.
However, as I split the money and deposited it into different accounts at the time, I didn't have to tell / explain anything to the bank anyway.
I can't imagine a bank tracking your losses - in KS you can withdraw money in the casino and in front of the casino. But how is a bank supposed to know whether you are gambling away your money or spending it in the shopping center (same building in KS)? If at some point (I hope not) it is possible to gamble directly at the ATM with a debit or credit card - then it would be conceivable that they would track this.
Well, if someone withdraws several amounts in a short period of time, that could be a hint for gamblers because nobody else usually needs several amounts of cash in a short period of time throughout the day
Provincial casinos - deposits and withdrawals in cash (proof of origin)
Nobody has liked this post so far
From time to time I used to go to the state casinos and only to the table games. I swap back and forth between cash and chips several times as required... sometimes at the cash desk, sometimes at the table... I know that I have to show my ID at the entrance, but when exchanging cash I no longer have to... Does anyone know whether and, if so, how and what data is recorded during cash transactions?
I am thinking of two typical subsequent processes:
1. Depositing a win into a current account:
You are asked by the bank for proof of origin. Can the casino confirm/issue this? And if so, how can the bank track whether I went out with + or - if no personal data is asked for when making a deposit/withdrawal?
2. Proof of a loss:
In the same way, it may be necessary to explain what a cash withdrawal was used for when asked. If this has been gambled away in the casino, is proof of the visit (paper ticket from the LSB) sufficient?
Does anyone know what the LSB's processes are for this?
thank you very much
This post has been translated automatically
Provincial casinos - deposits and withdrawals in cash (proof of origin)
Nobody has liked this post so far
This post has been translated automatically
Provincial casinos - deposits and withdrawals in cash (proof of origin)
Nobody has liked this post so far
This post has been translated automatically
Provincial casinos - deposits and withdrawals in cash (proof of origin)
Nobody has liked this post so far
However, as I split the money and deposited it into different accounts at the time, I didn't have to tell / explain anything to the bank anyway.
I can't imagine a bank tracking your losses - in KS you can withdraw money in the casino and in front of the casino. But how is a bank supposed to know whether you are gambling away your money or spending it in the shopping center (same building in KS)? If at some point (I hope not) it is possible to gamble directly at the ATM with a debit or credit card - then it would be conceivable that they would track this.
This post has been translated automatically
Provincial casinos - deposits and withdrawals in cash (proof of origin)
Nobody has liked this post so far
Well, if someone withdraws several amounts in a short period of time, that could be a hint for gamblers because nobody else usually needs several amounts of cash in a short period of time throughout the day
This post has been translated automatically