“The way our system works is it automatically pays back any outstanding credit when you cash out at a machine.” “Today if you go get a line of credit for gambling at a casino, you can take that money and walk it right out the door,” Skinner said. Those things have been a challenge over the last 50 years, he said.
Marker Trax aims to improve on the process of giving out markers, such as making it faster, allowing the casino to manage more credit accounts and also keeping money in the casino, according to Charlie Skinner, chief operating officer for Marker Trax. Morongo will be the the first tribally-operated casino to use the new system after an initial launch at Ellis Island Hotel & Casino in Las Vegas. Markers work similarly to a line of credit: They are funds that are advanced for players to make bets with after an approval process and they have to be paid back. The casino will start using Marker Trax, a cashless wagering system that allows casinos to digitally advance markers to players at slot machines. Roughly 20 years ago, Ellis Island Hotel & Casino owner Gary Ellis came up with an idea for a system to extend lines of credit to casino players without handing out actual cash and now that that system is fully realized and patented, Morongo Casino, Resort & Spa near Cabazon will be one of the first casinos to use it.
