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#1
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Can someone please explain what "chip washing" is and why it helped this sports betting ring?
Is it just converting "illegal income" into poker winnings by cashing the chips? |
#2
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It essentially shows how you get income. If you win 10k in a casino the gov't doesn't have a clue as to what you started with. So, Drug Dealer walks into the casino with 10k in drug money, plays a few hours, cashes out for 9k, the gov't. can no longer come after that 9k in a drug related case (unless they have surveillance video of you continuously "washing" chips, then they will charge you with money laundering along with drug dealing).
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#3
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Chip washing goes on at lots of casinos but not at the Taj Mahal.
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#4
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#5
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#6
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[ QUOTE ]
Chip washing goes on at lots of casinos but not at the Taj Mahal. [/ QUOTE ] old news man |
#7
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[ QUOTE ]
Chip washing goes on at lots of casinos but not at the Taj Mahal. [/ QUOTE ] Haha, that's a good one but as of a couple of days ago, all the Taj tournament chips had finally been washed. New felt on the tables too. I was shocked. |
#8
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Next thing you know they'll fix the bathroom sinks!
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#9
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[ QUOTE ]
I really wish that some LA Casino's had one of those [/ QUOTE ] I once asked the floor at the Bike if they washed the chips. He said no, but they wash the cards. Hooray, plastic! Is it because of the micro-chips inside of them? |
#10
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[ QUOTE ]
Next thing you know they'll fix the bathroom sinks! [/ QUOTE ] Use the bathroom across from Ego - not the one by the front entrance. |
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