Re: Finding Chips On The Floor
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"Initially the burden of proof is on the person with the chip to show how he obtained it through legitimate means," said Jerry Markling, chief of the Gaming Control Board's enforcement division. But if the chip is seized and the customer complains to state regulators, the burden shifts to the casino to prove its case.
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This is from an article in a newspaper. So obviously, it's not a "law" that states a casino can refuse to cash chips. If it is, I'd like to see a like to the specific law. Not a newspaper article.
Every incident I know of where a casino has refused to cash chips and the patron called gaming, gaming has made the casino cash the chips. Unfortunately, gaming does little more than give the casino a handslap. MGM has a reputation among blackjack APs for doing just this.
The guy in the article should've gone to the poker room or a craps table and had it broken down into smaller denom chips that would not cause concern. And then cash them a few at a time. When I'm playing blackjack, I refuse to let the dealer color me up to a high denom chip so I don't have to deal with this issue. I usually play unrated.
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