The Palms was not charged for the Laser Lock.
B&G was happy to get a beta test site for the technology.
We bought 130,000 chips from B&G. If we would have paid it would have cost 10¢ per chip = $13,000.
Imagine a casino taking 3 - $5,000 counterfits or 1 - $25,000 counterfit. Some casinos have $100,000 chips.
Asian chip makers are knocking off chips as fast as they can. I just seen some BJ counterfits that were run on Hong Kong casinos. They would have got by me.
B&G now has new technology that goes with the Laser Lock. You can pass a stack of chips over a spot on the table and it will read the entire stack and tell you the denomination of each chip in the stack. It will also tell you if there is a non-chip in the stack.
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