reconciling the stated deposit against the actual amount received sorting by denomination and recirculating that currency. Much of what they do will be familiar to those in different jurisdictions – picking up the commercial deposit from retailers, restaurants, grocery stores, etc. (For the purposes of this article, “cash center” refers to a wholesale currency processing facility.) Numbering about 400 between the US and Canada, these cash centers can be run by cash-in-transit players with roots in security and armored transport, such as Loomis, GardaWorld, and Brinks, or commercial banks that still do their own currency processing, such as Wells Fargo and U.S.
The WinStar World Casino and Resort in Oklahoma, operated by the Chickasaw Nation, is the largest casino globally, based on number of slot machines (12,000+).Īside from casinos, cash center processing facilities are critical to the cash management landscape in North America. About half is generated by “tribal gaming” or “Native American gaming,” which comes from casinos operating on Native American tribal lands. Contrary to what many people might think, US casinos aren’t concentrated only in places like Las Vegas or Atlantic City, where gambling operates under commercial gaming licenses.
