Back in the 60's, Vegas Casino chips could be used in grocery stores, and restaurants and gas stations and pretty much any store that recieved cash. In other words one could win a pile of chips and go to the grocery store and use those chips as currency. Can people still do that ? Are Vegas casino chips still used as currency in stores out side of the casino itself?
2007-10-01 17:33:33 · 10 answers · asked by Anonymous in Travel ➔ United States ➔ Las Vegas
Casino only. They have no value outside of the casino... However, if a person is willing to accept chips in exchange for goods and services, then it's bartering. Grocery stores don't barter much these days.
2007-10-01 17:40:35 · answer #1 · answered by Anonymous · 1⤊ 0⤋
I'm not aware that casino chips were ever used as actual currency outside of a casino. If they were in fact used as such back in the 60s, that is a thing of the past. When you exchange your real money for casino chips, it becomes "play money", legal tender allowed inside a casino only. There is no retail store or restaurant that will accept casino chips as real money. You can keep the chips as collectibles and buy or trade with other collectors, however, you must be cautious of the counterfeit ones too. Hence, the reason they are only legal in a casino. It's best to exchange your chips for real money when you're finished playing.
2007-10-02 03:03:28 · answer #2 · answered by DB 4 · 1⤊ 0⤋
Casino chips are the property of the casino. They are not allowed to be spent outside the casino. Including the shops and restaurants, bars etc. You shouldn't even use chips for tipping anyone except the cocktail servers in the casino.
One reason is that counter-fitting of chips is a big problem. Only the casino can confirm whether a chip is legit or not.
People will buy chips off of someone. Them giving some sob story they will convince someone to buy them. Then when the buyer tries to turn them into the casino, they will find out they are not legit and wind up in trouble.
2007-10-02 02:11:20 · answer #3 · answered by Smiley 6 · 0⤊ 0⤋
Because Casino chips are not legal tender, a firm does not have to accept them as payment. However, if the firm lives close to the casino where the chips belong to it may choose to accept them as payment as they will simply go to the casino and cash them in. Nowadays, people generally will cash the chips at the casinos before leaving.
2007-10-01 17:41:50 · answer #4 · answered by Alex 4 · 0⤊ 0⤋
Legally, the chips can only be used and cashed in at the casino they are from. Occasionally, if you're on the strip (and lucky) one casino will cash in another's chips.
2007-10-01 17:42:52 · answer #5 · answered by Bren 3 · 0⤊ 1⤋
Nope. The Feds cracked down a few years ago and reminded us all that chips are not money and only the Feds are allowed to mint coins and print money. Even the churches don't ask you to throw your tokens or chips in the collection plate anymore.
2007-10-02 16:33:53 · answer #6 · answered by desertviking_00 7 · 0⤊ 0⤋
Other casinos will not generally cash your chips but will let you play it.
2007-10-05 06:11:02 · answer #7 · answered by William H 5 · 0⤊ 0⤋
they are only used at the casino tables in the casino they were issued but the casino cashier can replace them for cash which you can then take to the grocers
2007-10-01 17:41:01 · answer #8 · answered by jezbnme 6 · 1⤊ 0⤋
I don't think so.
2007-10-01 17:40:53 · answer #9 · answered by Harleigh 6 · 1⤊ 0⤋
no
2007-10-01 19:26:50 · answer #10 · answered by eric l 6 · 0⤊ 1⤋