I realize that the casino has to be able to redeem the chips. I would have thought until they had posted redemtion notices. I also realize that the cash flow generated from LE's might not be "pure profit"....it would go into the overall cash flow of the casino. I was just giving my opinion, in the simplest form, of why a casino would issue LE chips.

As a video poker player, I even realize that issuing LE's might enable the casino to keep the machines at 9/6 instead of 8/5 (again...simplest form!)!!

"If it was up to cage managers there would never be a LE chip."

It's a good thing for the hobby that it isn't up to cage managers!!