Here is the question I asked the seller:

Greetings:

What a neat casino chip! Is the Playboy casino that this chip came from still open? What other information do you have about it? How old is it? Where did you get it? I'll wait until I hear back from you before placing a bid. Thank you.

Here is the response I received:

all playboy casinos are closed. there aren't any open anymore. i got it from another ebayer that i
had purchased it from. it is real..i had taken it to the mansion and
showed it to Hef and he had a fun giggle with me about it. i'm
selling it now for charity..

it's in great condition.

--

Angela

Interesting. AND Hef seems to like it too! Yes, I know it ain't real. I just found the seller's response interesting.