Banking, Casino Executives Get First Look At New $20s

21.07.2003, Lesen Sie hier den Bericht über «Banking, Casino Executives Get First Look At New $20s».

It only took a few seconds for a machine that is standard at most Las Vegas casinos to spit out a few phony $20 bills hidden among a stack of 100 authentic twenties. And casino workers are often even better at finding them - though not quite as quickly as the machine.

Bob Yeager, director of finance at a casino, demonstrated the effectiveness of the "suspect document" finder in conjunction with the kick-off of a series of seminars introducing new-look $20 bills that will be distributed in the fall.

About 100 representatives of the banking and casino industries in Las Vegas got a first glimpse Tuesday of the Series 2004 notes that will begin being circulated in October. Representatives of the U.S. Treasury, the Bureau of Engraving and Printing, the Federal Reserve Bank and the U.S. Secret Service teamed up to show off "the new color of money" that they say will foil counterfeiters and make U.S. currency more secure.

Although casinos say they have little trouble with counterfeiters - on average, only two phony bills a week turn up a casino that takes in about $2 million a day - the nation's currency producers are opening their educational road show in Las Vegas because of the large volume of cash that flows through the city. The average daily "drop" at some casino - the amount of cash that flows through slot machines and table games in a 24-hour period - is about $3 million.

The typical Strip casino employs between 75 and 100 people in cash-handling positions, such as cage cashiers and the soft-count team that gathers the money from the table game drop boxes and slot machine bill validators.

And many of them, Yeager said, have so much experience handling cash that they can tell by its feel whether it's legitimate U.S. currency or funny money. The Secret Service believes between 0.01 and 0.02 percent of the U.S. bills in circulation worldwide are phony - about one bill in every 10,000.

With advances in digital technology that make it easier to produce counterfeit bills that are difficult to detect, federal officials are introducing new currency designs every seven to 10 years that incorporate new security features that are difficult for counterfeiters to duplicate.

Über Glücksspiele Las Vegas - Gambling in Las Vegas:

Las Vegas liegt im Westen der USA im Bundesstaat Nevada und ist das Glücksspiel-Paradies von Amerika.

Las Vegas hat rund 100 Spielcasinos. Im Bundesstaat Nevada sind sogar über 300 Spielcasinos registriert. Die grössten Casinos sind das Bellagio, Caesars Palace, Venetian / Palazzo, Wynn / Encore, MGM Grand, Mandalay Bay.

Weitere bekannte Casinos sind das Mirage, frühere Heimat von Siegfried und Roy, das Luxor in Form einer Pyramide oder das Casino Rio All-Suite Hotel and Casino, in welchem jährlich die Pokerweltmeisterschaft (World Series of Poker WSOP) durchgeführt wird.

Die bekanntesten zwei Strassen sind der Las Vegas Boulevard, welcher auch als Las Vegas Strip bezeichnet wird. Daneben ist die Fremont Street eine gut besuchte Casino-Meile, wo beispielsweise das legendäre Casino Binion's (vormals Binion's Horseshoe) seine Spiele anbietet.

Las Vegas erstreckt sich über eine Fläche von 340 km2 und hat rund 650'000 Einwohner.

--- Ende Artikel / Pressemitteilung Banking, Casino Executives Get First Look At New $20s ---


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