Southern Club Association is from a "carpet joint" in Hot Springs, Ark. One of the longest running establishments in Hot Springs. Closed down in the 1960's.

Club Lake is also an Arkansas chip. From Forrest City, I believe.

"JJJ" is attributed as "Eldorado Club" in Desota County, Mississippi. JJJ stands for Johnny Eichorn, Jake Silverstein, and Jesse Shoemaker, owners.

"Kennel" Club is also Desota County, Mississippi.

"Rising Sun" is also a Mississippi chip.

The next to last chip is upside down. "WMM" has been attributed (questionably?) to Hot Springs as well. WMM stands for "Watt, McJunkin, and McLaughlin", local gambling figures. Watt was a partner in a couple of the clubs, McJunkin I'm not sure about, Leo McLaughlin was the colorful mayor of Hot Springs for 20 years (1920's to 1940's) while gambling flourished.

Hope that I've been some help.

Chris