Richard said, "Just think of the profit the Casinos are making by not having to redeem the chips."

Well, here's one answer. In 1991, Caesars Palace released a $25 CHIPCO commemorating their 25th anniversary. 50,000 of them were made. At the end of the year, NOT ONE was left on the tables or in the cage.

Assume the chips cost Caesars $1 each to make. How much did they make by not having to redeem them? You do the math.

Michael