There are a few ways that a casino chip may become worthless. 1. As Arthur Samuels said. The casino goes out of business. This does happen from time to time.
The establishment is required to allow redemption of the discontinued chip for days either at the casino or at another approved location. Leave a Reply Cancel reply Your email address will not be published. There are also specific rules casinos must adhere to when it comes to retiring a set of chips. We may earn money from the companies and products mentioned in this post. During that day period, the casino must post a discontinuation notice where the chips can be redeemed in addition to posting 2 times per week in 2 separate Nevada newspapers that are in general circulation. Share This Article! Were excited to see what is unearthed next. So what happened before the fun was sucked out of chip disposal? Skip to content. Potentially my greatest purchase ever. The metal token embedded in the concrete is from the Pioneer Casino in Laughlin. During recent demolition projects, vintage retired chips were discovered in both the Dunes and New Frontier concrete foundations.
So what happens to old chips when they are replaced by a newer model? Today, plans for destroying discontinued chips need to be approved by the board and are much less exotic than what occurred prior to Regulation Nowadays, discarded chips are typically crushed to an unrecognizable pulp.
Comment Name Email Website.
Nicky, of course, was referring to bodies and were talking about casino chips. July 30, Jake Leave a comment.