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The Chip Board Archive 23

Re: My Guess - Wrong
In Response To: My Guess ()

"I am sure I am right,Gene can confirm. A casino has to keep cash on hand for all outstanding chips and tokens. By "recalling" them they can put the cash back in to a user account.'

The required bankroll for a NV casino is a complicated total taking in consideration, table game limits, slot jackpots, chips, keno limits, Sport book limits, etc. It will change every 4 years.
It does not require 1$ for every $1 in chip inventory.

Casino's cancel chips and tokes to reduce inventory on what is no longer in use and what is in the cage.

Messages In This Thread

Caesar's recalling tokens?
I see that article was published in . . .
vbg
Re: I see that article was published in . . .
Why would any casino recall chips and tokens?
My Guess
Re: My Guess - Wrong
To realize profits on sales to collectors
Re: To realize profits on sales to collectors
And when they are redeemed 10 years later...
Re: And when they are redeemed 10 years later...
Caesars Palace and old chips
Re: Caesars Palace and old chips

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