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  #41  
Old 11-08-2007, 10:33 PM
ptartaglio ptartaglio is offline
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Default Re: Finding Chips On The Floor

It could have come from the dealers tray, if that is the case check to see if his rack is right if you know how much they are supposed to have. If they have their own banks and you are close to the dealer. Ask him if they lost a chip seriously. Otherwise don't say anything to the players, most are the scum of the earth (so who cares?). If you are in an indian casino take it to security and you can legally claim it in 30 days. Somebody will have to go to security if they did in fact lose it and have proof that it is their property. I did this and was able to claim after 30 days.
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  #42  
Old 11-09-2007, 12:24 AM
1969Cowboy 1969Cowboy is offline
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Default Re: Finding Chips On The Floor

[ QUOTE ]
"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.

[/ QUOTE ]

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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  #43  
Old 11-09-2007, 12:26 AM
jively jively is offline
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Default Re: Finding Chips On The Floor

[ QUOTE ]
Let's say I'm playing poker in a casino, and I pull back my chair to readjust and notice a $100 chip lying on the floor a little bit under the table. This denomination of chip is much higher than would be used for the game in which I'm sitting. From the casino's perspective, am I entitled to pick it up and put it in my pocket without saying anything?

[/ QUOTE ]
This is off-topic, but there was a funny skit on HBO's "Not Necessarily The News" back in the 80's about how found money is taxable. There was a little kid who found a nickel in the street, and the voiceover guy guilted him into leaving 2 pennies on the street as income tax.

-Tom
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  #44  
Old 11-09-2007, 12:48 AM
ShipIt77 ShipIt77 is offline
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Default Re: Finding Chips On The Floor

My brother found a $1k chip on the floor at Caesar's I believe; he spent it that night at Pure.
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  #45  
Old 11-09-2007, 02:00 AM
quant_trader quant_trader is offline
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Default Re: Finding Chips On The Floor

[ QUOTE ]
[ QUOTE ]
semi-related i suppose:

last time i was in vegas i was staying at paris. i bought in for cash of approx $1000 a few different times at various games (whether i still had chips from my previous buy in or not). i think over the course of 4 days i had bought in for about $5K. when i was ready to leave i had $6.5K in chips and they gave me a really really hard time cashing out. they called the last pit i was at - were told i bought in for 1K, left with 1.5K, yada yada, the cage starting saying they weren't going to pay me. of course i flipped out and started yelling (i have a short temper when it comes to screwing me out of money that is rightfully mine). i was screaming that its not like i won 20k or something - i bought in for 5, was cashing out for 6.5...in the end i got money of course, but it took about 45 minutes and i had to stand there and suffer the embarrasment of being treated like a criminal to get money, 85% of which was mine before i walked into the damn place.

[/ QUOTE ]

The bellagio did this to me a couple of years ago. It was very irritating to be asked for my players card and then be told that I have not been gambling enough to have the amount of chips I was cashing out. I believe it was about 4K. They called over a supervisor and everything. Once I explained that I was just paid out from a poker tournament they looked up my name on the entrants list and let me cash out (took about 15 minutes). It was very late at night and I was already pissed about just getting bounced from the tournament and I almost lost it on them.

[/ QUOTE ]

I believe the cut-off limit for the player's card is $5000 at Bellagio. When I was there a month ago, I tried to cash in $4900, and the cashier asked me for my card, so I simply told her that it was less than 5g, and she was okay with that answer.

Last time, they wouldn't let me cash out an additional $3000, because I didn't pay back my marker in full. I then took the chips, 3 yellows, walked straight into the poker room, cashed out, and no question asked.
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  #46  
Old 11-09-2007, 02:02 AM
AngusThermopyle AngusThermopyle is offline
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Default Re: Finding Chips On The Floor

[ QUOTE ]


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.

[/ QUOTE ]

It is not only a law, but it is a requirement in some cases:

[ QUOTE ]

12.060 Use of chips and tokens
....
4. A licensee shall not redeem its chips or tokens if presented by a person who the licensee knows or reasonably should know is not a patron of its gaming establishment



[/ QUOTE ]

From Regulation 12 of the Nevada Gaming Statutes and Regulations.

http://gaming.nv.gov/stats_regs/reg12.pdf

Good enough?
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  #47  
Old 11-09-2007, 02:09 AM
bav bav is offline
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Default Re: Finding Chips On The Floor

[ QUOTE ]
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.

[/ QUOTE ]
Regulation 12.060 covers use of chips and tokens. My reading of it suggests the casinos are on very shaky ground trying to pull this crap, but IANAL.
[ QUOTE ]

4. A licensee shall not redeem its chips or tokens if presented by a person who the licensee
knows or reasonably should know is not a patron of its gaming establishment... [ there's a small set of exceptions here, like for employees and whatnot ]

[/ QUOTE ]
ok...so Nolan Dalla mostly certain IS a regular patron of MGM.
[ QUOTE ]

2. A licensee that uses chips or tokens at its gaming establishment shall:...
(c) Promptly redeem its own chips and tokens from its patrons by cash or check drawn on an account of the licensee;
(d) Post conspicuous signs at its establishment notifying patrons that federal law prohibits the use of the licensee’s tokens, that state law prohibits the use of the licensee’s chips, outside the establishment for any monetary purpose whatever, and that the chips and tokens issued by the licensee are the property of the licensee, only;...

[/ QUOTE ]
Again... Who's to say whether the transaction between Dalla and the other guy took place inside or outside MGM? If they were inside MGM when someone handed Dalla the chip, looks perfectly legal to me. It's only monetary transactions OUTSIDE the casino that are illegal.

Anyway... obviously MGM is doing it and often getting away with it. And even when they don't get away with it, it seems they fight hard and make it quite an ordeal for the players.
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  #48  
Old 11-09-2007, 06:19 PM
1969Cowboy 1969Cowboy is offline
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Default Re: Finding Chips On The Floor

Yeah, they're [censored].
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  #49  
Old 11-09-2007, 07:17 PM
BigBuffet BigBuffet is offline
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Default Re: Finding Chips On The Floor

gobbo, what did you think of that email from FTP?
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