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The Chip Board Archive 05

Here is the Requirement.

When I wrote my post I was going from memory, but I was fairly certain that I have seen such signs on numerous occassions. After Gene's post about the "Regulations" being on-line, I took a look, and sure enough, it there, at two locations as follows:

Regulation 12 Chips and Tokens.

12.060 Use of chips and tokens

1. Chips and tokens are solely representatives of value which evidence a debt owed to their custodian by the licensee that issued them and are not the property of anyone other than that licensee.

2. (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 [/b/ : and

The emphasis is mine. This requirement tends to stipulate that ALL chips and tokens are the property of the casinos and not just roulettes.

I have found no regulation that covers the willful "sale" of chips or tokens by the casinos for carry-out by the patrons. But as we all know, they do it all the time, and the action is contrary to the "regulated" purpose of chips and tokens.

It sure seems to me that I, as well as many, many others, are holding property (as though we own it) that according to Nevada Gaming, does not belong to us. And I am not just talking about roulettes!

Jim

Messages In This Thread

Roulette "Harvesting". Illegal, Immoral, or...
Thanks for requesting private e-mail. grin
Re: Roulette "Harvesting". Illegal, Immoral, or...
Re: HERE'S MY CONSIDERED RESPONSE
The annual offical denial
Re: The annual offical denial
Pete, sorry.....
Re: Pete, sorry.....
Re: The annual offical denial
Re: The annual offical denial
Re: The annual offical denial
Re: Roulette "Harvesting". Illegal, Immoral, or...
Re: Roulette "Harvesting". Illegal, Immoral, or...
It is also interesting to note that...
Re: It is also interesting to note that...
Re: It is also interesting to note that...
Re: It is also interesting to note that...
Here is the Requirement.
Re: Here is the Requirement.
Re: Here is the Requirement.
Re: Here is the Requirement.
My post minus the HTML error.
Re: My post minus the HTML error.
I've re-read the Regs, but maybe I missed...
Re: Here is the Requirement.
Gene, I never doubt you!
mad That casino rep better bring ...
Re: Here is the Requirement.
Re: Here is the Requirement.
Re: Here is the Requirement.
Re: It is also interesting to note that...
Re: It is also interesting to note that...
Re: It is also interesting to note that...
Re: It is also interesting to Duh!
Legal = ethical ?? ...
Gene, this does not answer the question.
Re: Jim, this does not answer the question.
Re: It is also interesting to Duh!
Yeah, but if you're "jaywalking" ...
"Harvesting". Illegal, Immoral, or a gray area...
Re: "Harvesting". Illegal, Immoral, or a gray area
Re: "Harvesting". Illegal, Immoral, or a gray area
It is wrong and against Club Code of Ethics
Also, another reason
Question.......
Re: Question.......
Re:.......?
Re: Question.......
Re: Question.......
Re: Question.......
Re: Question.......
Roulette Wars II
Roulette Acquisition
Re: Roulette Acquisition
Re: Roulette Wars II
Re: Roulette Wars II
Re: It is wrong and against Club Code of Ethics
Re: What the he.. is going on?
Roulette chips vs Slabbed chips
Re: Roulette chips vs Slabbed chips
Jim, If you've read the second subject line ...
Re: If you've read the second subject line ...
STAY WITH THE TOPIC, ARCHIE...
Re: I thought the topic had changed John.....
Re: What the he.. is going on?
Re: What the he.. is going on?
RESULTS of Roulette Survey.
Re: RESULTS of Roulette Survey.

Copyright 2022 David Spragg