I agree with Jim, Gene, and yourself only with respect to Las Vegas chips. This isn't a one-size-fits-all situation again. Many gaming juristictions around the country do not dishonor their obligations by "expiring" them.

I wonder how much money is taken off the casino's books from chips that are not presented for redemption in the required time-frame in Nevada? I can understand the logic when a casino is sold, or ownership is transferred, but not when the same casino that issued the chip is still in business under the same ownership. A debt owed, is a debt owed, is a debt owed.

This country's currency never expires. It's always worth face value.