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The Chip Board Archive 12

The Casino Owns EVERYTHING!
In Response To: Who owns the chips? ()

The chips, the roulettes, the tokens, the checks, the cards, ashtrays, swizzle sticks, the dice...

"Chips" are Checks a promise to pay.

Tokens are not legal tender and only for gambling.
But both have the value marked on them.

They are a promise by the casino to pay that amount of money to the person holding it. (don't ask if it's about $5,000 chips and The Horseshoe grin)

Roulettes have no value, and that value changes when the player declares what he is playing for. That's why the casino doesn't care about the rest, but cares about Roulette chips.

But legally, all the chips belong to the casino, while they are live in play. Chips that have become obsolete and gone through the redemption, have no value, no promise to pay, kind of like a canceled check. I'd say that casinos don't have any reason or interest, for a claim to then.

Messages In This Thread

Being hassled by casino security...
In theory, you're taking the property of a casino
Re: In theory, you're taking the property of a cas
Re: Being hassled by casino security...
Re: Being hassled by casino security...
Roulettes = Correct Reed
PETE-YOU HARVEST SALAD DRESSING?
Yes, I confess! Please forgive me... vbg
Re: Yes, I confess! Please forgive me... vbg
and finally...... grin
Re: and finally...... grin
Re: Being hassled by casino security...
Re: Being hassled by casino security...
Only because you cant keep your traders
I've been banned...
But Ed
Re: But Ed
Hardest Roulette I ever Harvested Story
Re: Being hassled by casino security...
Re: Being hassled by casino security...
Outrageous !! .... grin
Who owns the chips?
The Casino Owns EVERYTHING!
Re: The Casino Owns EVERYTHING!
Re: 15 CENT's a CHIP ?

Copyright 2022 David Spragg