Nifty29
Dormant account
- Joined
- Jun 20, 2001
Not completely buying into the theory about U.S. players not being able to get quicker cash-outs because we are U.S.
That whole gambling/banking problem in the U.S. has been going on for a few years...and even with that problem being understood I can remember several times in recent months I have been able to cash out much quicker than 15 days and sometimes within a few days.
It's a valid point I think.
Basically, it comes down to which processor the casino employs. I don't know for sure, but i get the impression that its a case of getting what you pay for at the end of the day. I suspect that some processors may charge a premium for fast processing, and operators who won't pay the extra are put in the slow lane with all the others.
It also appears that processors have much tighter restrictions on the number of wires etc they will send at one time, presumably to avoid setting off alarm bells in the US. So, even though the casino might well send out 200 wires for processing, the processor might only send 25 a day per merchant, so it will be 8 days before that one batch is cleared. Couple that with a probable holding policy of up to 10 days by the processor, it can make for some serious delays.
Of course, there are casinos who just deliberately slow pay, but I doubt that is the intention of the good ones.