- 3 - would sign the marker. If the gambler won money gambling on credit, he or she would be asked to redeem the marker in the pit, if it were still there. Otherwise, when the gambler sought to cash the chips won, the casino cashier would check to see whether there was a balance due for credit extended by the casino, and the gambler would be expected to apply the chips against the balance at that time. When a payment is made on a customer’s account at the casino cage, it is the casino’s practice to give the payor a numbered receipt, a duplicate of which is kept in a receipt book and another duplicate of which is kept in the IOU envelope for the customer’s account, in which Caesar’s also files the customer’s markers and correspondence. It is also Caesar’s practice to record all contacts with a customer concerning the account on the IOU envelope. Receipts are consecutively numbered. A payment made that did not appear to have been credited to a customer’s account could be traced through the receipt book. Petitioner incurred gambling debts at Caesar’s. On November 23, 1984, Caesar’s extended $110,000 of credit to petitioner. Caesar’s generally expected payment of the outstanding balance of petitioner’s account at the end of one trip to the casino at the time of his next trip, holding the account up to 60 days. During at least January, February, and March of 1985, Caesar’s repeatedly contacted petitioner concerning payment of the debt, which Caesar’s stated was due March 21, 1985. PetitionerPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011