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Gambling Winnings
Today casinos and horse racing tracks let cash walk out the door with winning players. Aside from losing money to a winning player, that scenario is actually much, much worse for the casino or racetrack.
- Cash is risky and expensive to manage. It should be in the bank earning interest!
- Cash is a significant risk for theft and violence to the winning player, and a potential liability for the casino or track.
- Cash rarely comes back. It gets spent.
- The trophy value of cash quickly fades as it gets muddled with other wallet money or bank deposits.
iCARD has an innovative solution to offer. iCARD offers the first-ever, network-branded prepaid card program that is specifically designed to benefit the casino, track and cardholder.
- Secure Branded Cash - That's what a prepaid card loaded with winnings is.
- More security - Stolen cards can be replaced, with no loss of funds.
- Easier and less expensive to manage - Cash cage employees load the cards with value via a Web terminal.
- Winnings stay separated from wallet money and bank deposits, dramatically improving the potential for the money to be gambled during a future visit.
- Casinos and tracks have the opportunity to share in the revenue associated with card issuance, card use, and expired funds, thereby recouping a portion of losses that are completely written off.
Learn more at www.chipscard.com .
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