Pennsylvania Gaming Board Regulatory Change
Published on: December 19, 2007
In the US, during a hearing by the Pennsylvania Gaming Control Board, a new regulatory change was suggested. This change would put an end to the unplanned benefit the casinos receive when a player misplaces their earnings vouchers. Should the proposal become law, casinos would be required to surrender the unclaimed funds to the state treasury. Additionally it would extend the life of a misplaced voucher for up to 6 months.
In Pennsylvania slot machine parlors and casinos, the slot machines print the vouchers when a player has completed their play at a particular slots machine. The voucher can then be taken to a cashier for cash, or placed into another slots machine like currency to begin again. At the moment, local casinos set their own time frame for the vouchers, how long they will be redeemable, and what will be needed there for.
This proposed change would have only minor impacts on the local casinos. One local casino already has a 6 month redemption period for their vouchers, as well as follow up attempts to contact players who have more than a couple of bucks waiting for them. This aggressive redemption tactic keeps the unredeemed vouchers at a minimum, as the majority of the unclaimed vouchers total dimes and nickels at any given moment. It is not uncommon for a player to leave a 50-cent voucher at the machine, when they move on. Passing on change to the Gaming Control Board in the State of Pennsylvania, would not have the extensive impact some may believe it will. The slots parlors, and racetrack casinos have not found that the left behind winnings make a difference in their budget, other than to offer a slight cushion for the unexpected, such can be made up for.
Currently the state gaming board has begun a 30-day public comment period on the possible regulation change. Citizens, casino operators, and anyone remotely involved are able to vocalize their thoughts on the matter directly to the Gaming Control Board of the State of Pennsylvania, by visiting their website. The public forum is the first step in passing such regulation changes. Following the response, the board will review what the public has said, and weigh their choices. Later it will be discussed in an open hearing, and put to a vote. Should this regulation change pass, the change will not be a visible one to most casino visitors.
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