A chip represents a debt owed by the casino to the holder, but the chip itself is the property of the casino.

Also, see my post:

http://www.thechipboard.com/cgi-bin/tcb2/tcb.pl?read=131900

My only point in all this is that I disagree with the dual standard. Take or LE's but not our roulettes. Take our house chips but not or NCV Tournament chips.

Gaming considers all chips to be the property of the casino and in fact requires the casinos to post that requirement in addition to others, but the ownership requirement is a stand-alone clause, only the signage tends to tie it to other facts.

Jim