Grand Holiday, in the Holiday Inn. Between the King International and the current Excelsior Casino:

I have no idea what it was painted for. The seller told me that painted tokens were used in some places for special prizes. I doubt they were used that way in casinos, where the jackpot is your prize, but who knows. At first, I was upset it was painted (the auction showed a token with no paint), but now I'm glad I have it.

Michael Siskin