The Cage is a secure area where financial transactions are managed. It serves several essential functions and is typically staffed by cashiers and other security personnel.
The cage is the central location for financial transactions within the casino. It is where players can exchange chips for cash, buy chips, and handle other financial services like cashing checks or wiring money. Also, the cage is responsible for the secure storage and management of the casino’s bankroll. It functions like a bank for the casino, handling large amounts of money daily.
Cage cashiers issue money to various casino departments, including the gaming pits, restaurants, and bars, for customer sales. They also exchange chips for cash, process credit applications, handle payouts, and provide information to customers.
In states where online gaming is legal, the cage can be used to deposit and withdraw funds from online casino accounts.
The cage is usually located in a secure area of the casino, with reinforced counters and controlled access points. There are strict security measures in place, such as surveillance cameras and armed security guards. These measures ensure the safety of the large amounts of money that are handled in the cage.
Cage cashiers are responsible for carrying out various monetary tasks, including exchanging cash for chips or vouchers, bookkeeping, and giving change. They may also handle credit checks and process credit cash advances. In most U.S. states, a specific license is needed to work as a cage cashier.