However, many non-gamblers use the casino as an ATM to withdrawal cash, charging it to their credit card. Yes, that's a small cost they could eat, given how much they earn in the casino from GAMBLERS. No, Royal isn't paying 5%: based upon their high volume, I'd guess their cost (merchant discount) is right under 2%. The 5% convenience fee is to help offset the cost Royal incurs to submit credit card payments. I truly don't understand why the charge then. People don't like to see actual cash flying out of their hands. But if I hand the SeaPass card to the dealer at a table and say "Put it on my SeaPass card" there is an extra 5% charge to play? If this is true, then crazy, and a total disincentive to gamble. So, to clarify-if I stick in my SeaPass card and start playing on a slot machine there is no extra charge.
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