Defaulting on Casino Markers Is Never a Good Idea

handcuffs-308897_640Nevada’s gaming industry is highly regulated, and a number of state laws protect casinos from patrons who don’t pay their debts. Nevada law defines casino markers under NRS 205.130.

It’s interesting to note that defaulting on a casino marker is considered a criminal and civil offense. This means that a debtor could be facing jail time and fines in addition to a civil lawsuit.

It’s common practice for Nevada casinos to offer a line of credit to their customers. This provides an incentive to gamble. This line of credit is often referred to as a “marker,” and it works a bit like check. Customers who sign a marker are typically bound to redeem the marker within 30 days. If they fail to do so, then an arrest warrant may be issued.

The penalties for defaulting on a Nevada casino marker vary depending upon the amount involved. If it’s less than $650, then the defendant may spend a maximum of six months in jail and pay a $1,000 fine. Larger default amounts may result in up to four years in prison and sizable fines and administrative fees.

Contact the Las Vegas criminal defense attorneys at the Potter Law Offices if you have been accused of defaulting on a casino marker.