Massachusetts ‘GAMING’ Future
They forgot to mention that casino credit is interest free.
Philadelphia Inquire - September 16, 2014 - SugarHouse Casino takes losers to court
SugarHouse Casino in Philadelphia has gone to court in a bid to recoup more than $520,000 from 63 gamblers who have failed to repay markers - casino loans - issued in the last four years.
The action offers a peek into the opaque world of casino credit, an unusual form of commerce in that the money that is lent usually goes right back to the lender in the form of gambling losses. That makes it a transaction fundamentally different than a retailer selling a sofa on credit.
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