Why Do Casinos Change Chips?

As someone who has written many articles on the gambling industry, I am often asked questions by regular readers. One question that I am often asked is about how casinos change chips. My readers wonder why it is that casinos change chips in the first place. Little do these readers realize that there are many possible reasons for casinos to change chips. Although, this is not the case with online casinos like judi bola indonesia where you do not need chips or anything to play or while placing bets.

Casinos Change Chips Due to Worn Out Chips

Every so often, casinos have to change chips due to the fact that their old ones are looking a little shabby. With the new technology that has gone time making casino chips over the years, this reason is being used less and less by casinos to change their chips.

Casinos Change Chips Due to Name Changes

A very popular reason for a casino to have to change chips is a name change. When the Aladdin changed to Planet Hollywood, all of the old chips with the old logos had to go to make room for the new Planet Hollywood chips.

Casinos Change Chips Due to Chips Losses

Casinos need to keep a certain number of chips on hand at any given time. The casinos need to make sure that they have more than enough chips around to cover the play that is going on. Of course, over time, chips become damaged, get purchased by collectors, go home with patrons that forget that they have them in a pocket, or get lost in the cracks. Casinos need to replace these chips, and sometimes it is more cost-efficient to just change all of the casino chips.

Casinos Change Chips Due to Improved Technology

A few years ago, technology came out where casinos could place computer chips inside of casino chips. This could give a casino an exact count of the dollar amount of the chips at a table game, or in play. This has cut down on certain types of cheaters and has cut down on casino dealer mistakes. Many casinos have changed over to this kind of casino chip.

Casinos Change Chips Due to Tax Breaks

There is at least one case that I know of in which a casino changed chips in order to qualify for a certain type of tax break. They needed to spend a certain amount of money for their renovations to qualify. While the current chips were only a few years old, the casinos ordered new chips to reach the threshold that it needed.

While there are many reasons for a casino to change chips, these are the most common, and the most unusual. Remember, whenever a casino changes chips, the older chips go up in price for collectors. I have had times in which I purchased chips from a casino before it changed chips and sold the other ones online for an increase in the face value.

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