I was at the Four Queens when Elisnor sent top executives to the Playboy to take over.
The PB chips were stacked on pallets under surveilance.
Assumption, NJCCC counted them and approved them for destruction.

No company was set up to destroy that many CIC chips. I watched Bud Jones destroy some in 1995. It was a punch press that punched the coin inlay out, one at at time.
The machine jammed about every 4th chip it punched. It was like watching paint dry.

Green Duck made tokens. You would think they could destroy tokens.
PB exes sent the chips to Green Duck for destruction.

Info from a person working at GDC.
They had a punch press:
It punched the coin inlay out, one at at time.
The machine jammed about every 4th chip it punched. It was like watching paint dry.
Sound familiar?

GDC used the press very little because of the jamming.
My friend that worked there said there are tokens buried all over the property.
It was much easier than watching paint dry.

That said:
What about the Atlantis notched rack chips.
They were approved for destruction when the Atlants closed. Why and how did notched sets survive?