The current Gaming Table lists the Palm Springs Key Club as a cardroom, with an address of 424 S. Indian Avenue in Palm Springs. Opening date was 1962 (confirming the info found in the corporation records). Chips came in several colors. No closing date given but the location is now Wang's In The Desert, a Chinese restaurant.
Thanks to Robert McColum for graciously allowing us at the Southern California Club meeting tonight to consult his Gaming Table for this information!
"Indian Avenue" puzzled me until I found a reference to the street name having been slightly changed to the more familiar Indian Canyon Drive some time after 1962.