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The Chip Board Archive 19

Question for Gene or at least....

Someone smarter than me.

If a LV casino issues a $5 LE in the quantity of 1000 and let's say only 1/2 are sold, what happens to the rest?
Would they be destroyed? If so, would there be a destruction notice posted of how many?

In A/C since monies have to be kept in escrow for all unredeemed chips, by destroying 500 $5 chips the casino might lose money by having produced the chips but at the same time removes $2500 worth of chips from their liabilities

Messages In This Thread

Question for Gene or at least....
Re: Question for Gene or at least....
Re: Question for Gene or at least....
"what happens to the rest"
Re: "what happens to the rest"
Re: "what happens to the rest"
On Michael's point, then unless the casino
Re: Question for Gene or at least....
Re: Question for Gene or at least....
Re: Question for Gene or at least....

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