Wondered if any of you had thoughts on the advisability of having a credit line. On the forms I"ve looked at, it appears that you might have to authorize them to draft a bank account for repayment, unless you clear the line with your own check or cash before leaving. In any event you are leaving a win/loss trail for the IRS to follow, it seems. If you are a high roller, how do you avoid carrying an illegal sum of cash in your carry-on? I think it’s something like $10K. Do you have to declare it? What about having a 401G savings account at a major national bank, so you can withdraw and deposit, in Vegas, to avoid holding a lot of cash during travel? And, if you look at the forms, Nevada law governs all disputes, so you have a long way to travel if legal issues arise. Just wondered what some of the more experienced players think about this. I suppose a line of credit is no more information for the IRS than your player’s card, where the house keeps track of your wins and losses.

Alamo

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