I just found an expired TITO for a local casino for...... $45 Someone must have gotten pretty drunk & forgot they had that. Found it laying on the ground... Its over 6 month expired. Anyone else ever do this? Anyone ever been able to cash an expired TITO before?
In Vegas we always search through our stuff on the last day to make sure we don't have any leftover TITOs we forgot. My wife once found one for $103 (it was still good, only 2 days old) and I was asking her how she could have forgotten about that? (our gambling budgets are usually only around $200-300 per day so thats a good chunk of it). If it is expired then to cash it you have to take it to the casino and take it to the main cage - the TITO and slot machines on the floor will just reject it. Even as an expired ticket most casinos will still cash them, but they do have the right to refuse.
This, but if a cashier refuses to honor it, ask to talk to a supervisor. But how the hell do you find an expired TITO on the casino floor? That should have been swooped up by the casino within a day.
I don't think the ticket sat there on the one spot on the floor until it expired but more likely somebody found it in their purse or wallet, took it to the casino, tried to feed it in to a slot machine, probably tried the TITO machine and then when neither would take it they just dropped it on the floor or put it between two slot machines and it eventually blew on to the floor.
Usually casinos say that found tickets belong to them. If you can get in trouble for cashing someone else's ticket, is it worth it for $45?
Two cases of this recently. Both small denominations, teens of dollars. Ameristar cashed with very little formality. Horseshoe had me sign a "dispute form" disputing the value of $0.00. They did pay it but a supervisor had to intervene.
Update - Co-worker just said that Horseshoe (CET) flat-out refused to cash an expired $20 TITO, even escalating to supervisor. YMMV!