Casino Department of the cage

The casino cage can be described as the nerve center for casino operations, since all financial transactions are eventually filtered through this department. Also, perhaps more than any department in the casino, the cage must adhere to the currency transaction reporting to the requirements dictated the bank’s secrecy act.

Those responsible for the change of the cage work the three changes and control internal operational procedures.

The most visible person to the general public is the cashier of the cage, which sells chips and casino symbol to the casino guests, redeems the chips for currency, charges the traveler and personal checks and money orders, and sometimes, the sales coin and receive coin from slot players.

The tellers have control over the security deposit boxes and rent these to the players for the deposit of valuables. These employees frequently handle all types of guest questions, ranging from casino procedures to restaurant locations.

Each casino maintains a main bank for the casino bankroll, and a bank main ATM serves as a cashier to provide the cage and other cash distribution of the currency fills, and accepts the incoming cash that will be stored in the bank. vault of the casino and eventually deposited in the bank.

The coin cage tellers keep track of jackpots and landlines as well as the amount of money collected for each change in the slot department. They verify and count the cash collected in change slot and person cabins, distribute the cash for the slot jackpots.

They also do change or handle transactions for hotel stores and retail stores as well as hotel restaurants.

On the other hand, banks for slot cabins and other hotel ATMs are issued from this secondary department, and these employees can post the required tax forms when large slot jackpots are won.

The monies won in the casino table games are brought to the casino cage in drop boxes security guards, where the boxes are emptied and counted a soft account team.

This team consists of three or four employees who are observed a representative of the casino, or the accounting service.

The currency and chips of each game are counted separately and recorded in the main game report, or the “stiff sheet”, and this information is forwarded to the office of the casino manager and controller for analysis and distribution. to other heads of game service.

Although Pit vendors physically perform their duties in the pits of the table game, they are considered part of the organizational structure of the cage.

Essentially, pit sellers act as informational links between the game’s holes and the cage.

Primary duties consist of securing credit information about players, inputing criteria of player rating on the computer, accurately registering and balancing player and credit operations, and managing telephone conversations between the hole and the cage. .

The credit and extended markers to the casino players are controlled and eventually published a credit manager.

This employee, working with the credit vendors, investigates the financial fund of clients through contacts with the mentioned loan institutions or the central credit and determines the available line of credit.

At the other end of the spectrum is the collection manager, who is responsible for collecting markers and credit extensions.

Quite often, the payment terms of large bookmarks are arranged with the players (for example, 60 or 90 days). The credit vendors handle the administrative and administrative duties associated with the bookmark collections.

In this department, the quarter of the coin collects the currency of the slot machines, and delivery to a main room, where the money is sorted, wedged, and wrapped for deposit in a bank or recirculation in the casino.

This “hard bill” process is heavily dependent on technology and classifying / counting the currency that hastens this money accounting process.