"When you buy into a table game, you aren't actually purchasing the chips, you are purchasing markers representing the money that you handed the dealer, meant (or allowed) to be returned to the casino for cash. By law in most jurisdictions, chips and tokens are the property of the casino."... Bob Orme
I think the above statement could be challenged in a court of law ... especially when it comes to "PURCHASING" LE's from an Atlantic City gaming table ... strictly for the purpose of the casino "SELLING" chips to customers. Usually, the gaming table in A.C. is closed to gaming activity. The only purpose the table is open is to "SELL" chips to customers.
In fact, one live roulette table at Taj Mahal has a sign on it 24/7 "Commemorative chips available for purchase at this table".
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