Casino Chip Redemption Notices

[alpha1243]

This thread will list the various casino Redemption Notices.

Regulations vary from state to state, but each state's gaming authority has a process in place that casinos must follow when they decide to no longer allow patrons to cash in their chips or tokens. The most common method is via a Redemption Notice.

The most regulated jurisdiction is Nevada. Casino operators in Nevada are required to publicly post advisements of the discontinuance of chips/tokens for 120 days in advance of the discontinuance. Public advisement is mostly through the newspapers, in the Public Notices section.

In New Jersey, there are no Redemption Notices, because chips/tokens are always redeemable for the life of the Gaming Commission, as each casino operation must post funds, in advance of operation, that will fund pay outs in the event of a collapse, bankruptcy, or other early going-out-of-business event. Both the Playboy and Sands have gone this route.

Many Native American casinos will simply post notices inside the casino that they intend to stop honoring certain chips/tokens on a stated date. Some will just let the incoming rack replace the old one and after a year just stop honoring the old ones. It varies greatly and may or may not have a regulatory feature.

Always be aware of people who are trying to use casino chips as currency. This is illegal, although a common practice, especially within Las Vegas. Without knowing whether the chips have been discontinued, you may be getting scammed.

[alpha1243]

The only rack that will be used after 1 April 2017 are those $5, $25, $100, $500, $1,000, and $5,000 chips ordered in October 2016. The order from the 5 October 2016 Nevada Gaming Report with full descriptions, as well as samples from the $5, $25, and $100 chips, are shown below. If you are in possession of any older chips from the Palms Casino, you have until 1 April 2017 to redeem them at the cage before they become worthless.

[alpha1243]

Las Vegas Journal-Review (28 December 2016)

PUBLIC NOTICE OF REDEMPTION of the Cannery Hotel and Casino, North Las Vegas, NV Casino Chips.

Pursuant to NGC Reg. 12.070, as of December 27, 2016, all denominations of chips from Cannery Hotel Casino not bearing the B Connected Logo and Tan Inlay are discontinued. A detailed list of all chips being discontinued is available at the Main Cage. Discontinued chips can be redeemed 24 hours a day through April 25, 2017 at the Cannery Hotel Casino Main Cage located at 2121 East Craig Road, North Las Vegas, NV 89030.

Here are what the front/back of the current rack looks like. If you have any older chips, you'll need to cash them in prior to 25 April 2017. Below is the description when the chips were authorized by Nevada Gaming on 11 July 2016.

[alpha1243]

Las Vegas Journal-Review (1 January 2017)

PUBLIC NOTICE OF REDEMPTION of Aliante Hotel and Casino, North Las Vegas, NV Casino Chips.

Pursuant to NGC Reg. 12.070, as of November 1, 2016, all denominations of chips from Aliante Hotel and Casino not bearing the B Connected Logo and Tan Inlay are discontinued. A detailed list of all chips being discontinued is available at the Main Cage. Discontinued chips can be redeemed 24 hours a day through February 28, 2017 at the Aliante Hotel and Casino Main Cage located at 7300 N Aliante Pkwy, North Las Vegas, NV 89084.

Below is an image of the front/back of the valid rack. All older chips must be redeemed prior to 28 Feburary 2017. A description of each chip is supplied by Nevada Gaming from their 11 July 2016 report when the casino ordered the chips.

[alpha1243]

Las Vegas Journal-Review (28 December 2016)

PUBLIC NOTICE OF REDEMPTION of the Nevada Palace, LLC DBA Eastside Cannery Casino & Hotel, Las Vegas, NV Casino Chips.

Pursuant to NGC Reg. 12.070, as of December 27, 2016, all denominations of chips from Eastside Cannery Casino & Hotel not bearing the B Connected Logo and Tan Inlay are discontinued. A detailed list of all chips being discontinued is available at the Main Cage. Discontinued chips can be redeemed 24 hours a day through April 25, 2017 at the Eastside Cannery Casino & Hotel Main Cage located at 5255 Boulder Hwy, Las Vegas, NV 89122.

Valid chip design and descriptions from Nevada Gaming are included below.