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The Chip Board Archive 20

Re: we had a hard time getting chips at the TI

Do casinos actually lose money if a collector takes, say, a $1 Paulson chip out of circulation? Does a single chip cost the casino more or less than a dollar to purchase from the manufacturer?

I had heard somewhere that it's not the cost of the chip that is the issue, it's the fact that when they audit their chips they know what they bought and they know what they have left (minus loss for known damaged chips). I was told they then have to pay tax on the difference because the chips are treated as being "sold".

not sure if it's true but it makes a certain amount of sense.

Messages In This Thread

Newbie ques: buying full/part rack of new chips?
Against Company Policy??
Please, don't get Chuck started.
I wasn't trying to Ralph!!
Re: Newbie ques: buying full/part rack of new chip
Re: Newbie ques: buying full/part rack of new chip
we had a hard time getting chips at the TI
Re: we had a hard time getting chips at the TI
Re: cost the casino more or less
Thanks, Gene!
Re: we had a hard time getting chips at the TI
Haresting my favorite sport....
Re: Newbie ques: buying full/part rack of new chip
Maybe dont stay at Luxor anymore
The Luxor sucks...
Re: The Luxor sucks...
I have had very little trouble
Re: I have had very little trouble
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