3 ms·
> large sums of money cashed out an casinos cashed out? that's not how you do it. it's about a corrupt casino funnelling the money in and pretending it is gam
by cat199 8y ago
> large sums of money cashed out an casinos
cashed out?
that's not how you do it. it's about a corrupt casino funnelling the money in and pretending it is gambling earnings..
see also: the movie 'casino' (unsurprisingly)
- nacho2sweet 8y agoWhen you return the chips it is called "cashing out". The casino doesn't let you buy in with a duffle bag of $250,000 and cash out for a cheque from the casino for $250,000 in the same transaction. You have to go play a low variance game like Baccarat and play your money through like 200%. Then you cash out $240,000 and get a cheque from the casino that you can easily deposit into a Canadian bank. Gambling winnings in Canada are also tax free.