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![\"Scott](\"https:\/\/www.casino.org\/vitalvegas\/wp-content\/uploads\/2021\/07\/author-logo-lg-88x88.png\"){kind=logo}
<\/a>\n <\/div>\n\n By Scott Roeben<\/a>, on April 08 2024 <\/span><\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n
It\u2019s a casino trend that could affect your financial wellbeing, so we\u2019re all over it.<\/p>\n
Some casinos are discreetly shortening the window of time before a TITO (ticket in, ticket out) voucher can be cashed. If your slot ticket expires, you could be SOL, and that would be FUBAR as a reminder of your Las Vegas YOLO experience.<\/p>\n
In human English, you need to pay attention to TITO voucher expiration dates!<\/p>\n Traditionally, gamblers have been given 90 to 180 days (about six months) to redeem their slot tickets. These expiration dates aren\u2019t exactly set in stone, as casinos often honor expired tickets, but it\u2019s a gamble to go beyond the expiration date stated on the ticket.<\/p>\n Now, casinos are giving customers as little as 30 days to trade their vouchers for cash. We are not a math person, but that is as much as five months less time to turn in a slot ticket than in the past.<\/p>\n Such a short redemption period should be of concern, and not just because it feels a little sneaky. Who reads the small print on a slot ticket?<\/p>\n Players often leave town with their voucher, assuming they\u2019ll just cash it on their next visit in three months.<\/p>\n If you wait three months to cash in a voucher at a casino with a 30-day redemption limit, your Las Vegas visit is going to cost much more than anticipated.<\/p>\n No, we have not compiled a comprehensive database of casino voucher expiration windows. We are a noted lazy person. However, we do know expiration windows vary widely.<\/p>\n As stated, most casinos have slot vouchers that expire in 180 days, including Casino Royale of all places. There\u2019s no real rhyme or reason to how long a casino will give a player to get their cheddar, or whatever our fellow youths are calling money now. Clams should still be a thing. With all our modern technology, nobody has come up with a better word than \u201csimoleons\u201d for money.<\/p>\n Slot vouchers at Wynn Las Vegas expire after 60 days.<\/p>\n Ellis Island TITO vouchers expire after 60 days.<\/p>\n Treasure Island\u2019s slot tickets expire after a mere 30 days.<\/p>\n That\u2019s as comprehensive as we get on short notice.<\/p>\n Why the shortened timeline?<\/p>\n We have no idea, but that will not keep us from pretending to be an expert about everything.<\/p>\n Slot vouchers are a liability for casinos, an outstanding \u201cdebt.\u201d The sooner the casino can get that liability off its books, the happier the bean counters are.<\/p>\n Is shortening the redemption window a \u201ctrick\u201d on the part of casinos? Not really. Yes, casinos get a piece of the action from uncashed slot tickets, but it\u2019s not very much.<\/p>\n When a slot ticket is \u201cabandoned,\u201d the casino keeps 25% for administrative costs and the rest goes into Nevada\u2019s General Fund for important things like education. Just kidding, we meant publicly subsidized sports stadiums.<\/p>\n More than $22 million a year in unclaimed vouchers might sound like a lot, but that\u2019s a paltry $5.5 million kept by all the casinos in Nevada, and that\u2019s spread out over 150 casinos in Las Vegas alone. Pocket change.<\/p>\n Speaking of change, the amount of money for unredeemed cash-out vouchers has climbed since most casinos stopped giving coins<\/a> at redemption kiosks, under cover of the pandemic, of course. The truth is coins are a pain for casino operators, but don\u2019t get us started.<\/p>\n![\"\"](\"https:\/\/www.casino.org\/vitalvegas\/wp-content\/uploads\/2024\/04\/mad_gambler-845x563.jpg\"\/)
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