I was talking about every casino will "randomly" verify as low as purples. It's not discretionary to verify a 5k chip. They absolutely will want to know where it came from before it is cashed. I don't know about a gaming regulation per se, but it does seem like verification could be related to internal policy resulting from FinCEN imposed regulations.Originally Posted by Stealth
Good suggestion. Maybe even find a regular (that you trust) that plays in the casino and give it to him to play this out. But be careful that that the craps table has those chips on their layout. At my local store some of the higher denomination chips are different between the craps and blackjack table; e.g., craps $1,000 chip is yellow and BJ $1,000 chip is orange.
Their interpretation of this is somewhat akin to converting it to foreign language that does not have the words to convey its meaning.
I told both Gaming and the casino that I was a patron but it was not my chip. They said the chip owner must redeem and the chip must be tied back to the play where the chip was obtained.
Stupid is as stupid does.
Luck is nothing more than probability taken personally!
It does protect the patron. You could have stole the chip. It gives important customers time to realize their money is missing, lodge a complaint, and find out who tried to cash it. You didn't play there. They don't care about you. It's certainly not common for people to walk up with large denomination chips they didn't get from the table, and it is illegal to use chips as currency. It's like finding money on the street. You turn it over to the proper authority. After a certain time has passed, it's yours if no one claims it. Right now, the burden is on you to prove you own it. Once you turn it over, the burden shifts to them to prove that you do not. You have to follow their procedures and play their game.
T3's idea that you are a patron and satisfy the regulation is incorrect. His interpretation makes the entire regulation meaningless. Anyone attempting to use the cashier is a patron. It's only correct if you challenge the regulation in court for vagueness; which might be a winning case honestly.
You could buy a 5K chip with your own money. Leave the table. Cash it out. Take your remaining 5K chip and break it down at another table. Probably not going to stop you if you don't look like a money launderer. I assume you've already tried breaking it down at the table at it didn't work?
Last edited by Boz; 05-24-2016 at 04:50 PM.
What about cocktail servers, bartenders, maintenance/cleaning staff --- Why should they be able to cash in toked chips if they don't gamble at that casino and they haven't been given the chip through gaming (ie: buying in)?
"Everyone wants to be rich, but nobody wants to work for it." -Ryan Howard [The Office]
Because no one tips with 5K chips. They're cashing in whites and reds. You're basically asking why don't police arrest every jaywalker. There'd be riots. On top of that, they'd have to hassle every customer at the cage to determine if they were a patron. Staff and player alike would not appreciate it, and the lines would take forever.
Last edited by Boz; 05-24-2016 at 06:38 PM.
If the laws or regulations or statutes or whatever state the person cashing in the chip must be a patron (gambler) of the casino....then I don't see how a bartender or waitress should be able to cash in their chips (legally), even if it's whites and reds. Point is -- you're only supposed to cash chips which you've earned through gambling and not chips that have been given to you as a payment or trade from another player. THE CASINO KNOWINGLY CASHES CHIPS TO NON-PATRONS.
"Everyone wants to be rich, but nobody wants to work for it." -Ryan Howard [The Office]
You are correct and they are in violation of the very regulation being used to not cash this chip.
The chip was confiscated and I was presented a receipt. So, all the options of cash at tables are gone.
Luck is nothing more than probability taken personally!
Perhaps you both missed this part of the law:
"except that a licensee shall promptly redeem its chips and tokens if presented by:
(b) An employee of the licensee who presents the chips and tokens in the normal course of employment; or"
Last I checked bartenders and waitresses were employees of the licensee and were tipped in chips as a normal course of their employment. Why in the world would you think the casino shouldn't be able to cash them? You are looking for reasons the casino should cash the chip not reasons others that can cash chips should not be allowed to. You want fewer restrictions not more restrictions.
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