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Having a players card from the casino that issued the chips will sometimes help to smooth the process; it shows you're known to that property. But if a player presents chips either of a high denomination (over $25) or that total a large cash value, any cage will almost certainly run a Central Credit check to see if there's a "hold" on them for ...
Wynn Las Vegas was the first casino to employ RFID chips, in 2005. Not only does this enable the house to monitor the movement of cheques across the casino floor, it can remotely deactivate the RFID tag, rendering the cheques non-negotiable: Bellagio used the latter technique to foil a chip scam after a helmeted gunman had robbed the casino ...
For example, poker chips must be disc-shaped, 1.55 inches in diameter, and 0.13 inches thick, while baccarat chips can measure either 1.55 or 1.6875 inches. Sometimes a casino will apply for a special dispensation from the Control Board with regard to very high-denomination chips, in order to make them easily distinguishable.
Easiest, relatively speaking, to counterfeit are the lowest-denomination chips, for example the $1 variety, which tend to be uniformly white. Of course, it's hardly worth the effort and expense to phony up thousands of $1 chips. Meanwhile, casinos keep very close track of higher-value chips and notice quickly when something is amiss with them.
Some casinos clean chips by washing them and the process wears them down enough so they have to be destroyed. In the more freewheeling days of Las Vegas' past, chips were reported to have wound up as part of the foundations of new casinos under construction. But these days, they have to be accounted for. Gaming Control's "chip-destruction plan ...
According to point 4, paragraph 12.060, of the Nevada State Gaming Control Board's Regulation 12 governing casino chips and tokens, "A licensee shall not accept chips or tokens as payment for any goods or services offered at the licensee's gaming establishment, with the exception of the specific use for which the chips or tokens were issued ...
Of course, the casino would prefer you to hand in the chip, so it doesn't have to cash it. But the only time that Regulation 12.060 will come into effect is if the chip is of a relatively high denomination in terms of the establishment norm (i.e., $500 might catch the attention of a downtown cage, but it might take a $1,000 chip to arouse any ...
Typically, the only casinos where the chips are interchangeable are those owned by the same company. For instance, if you have chips from Caesars Palace, they'll accept them at Paris, Bally's, Planet Hollywood, or any of the other Caesars properties. Now, even though they'll accept them, they usually aren't playable.
Prices start at 79¢ per chip for a minimum of 100 and go down to 65¢ for orders over 2,000. Call 702-305-4002 or email at info@nevadagamingchip.com. Also in Las Vegas, Spinnetti's Gaming Supply (810 Commerce Street) has a large selection of poker chips, jetons, and plaques starting at eight grams and going higher.
Michael Lawton, senior research analyst at the Control Board, agrees. He writes, “The Nevada Gaming Control Board is not aware of any law prohibiting the sale of chips from an active or closed casino. The sign [at the Wynn] is a law that prohibits the use of chips or tokens as monetary instruments outside of the casino.”.