The good news is yes, there are still options for cashing chips and winning tickets from the New Frontier. The bad news is that you, personally, are probably out of luck given the fact that the ticket has also expired. Cashing expired tickets isn't that hard, but an expired ticket from a closed casino represents a bigger challenge. Still, it's worth a try, so you and anyone with anything a little, shall we say, fresher, should read on. For the generalities, allow us to quote from two earlier QoDs (8/13/05 and 6/15/05, respectively), which tackled the same subjects.
First, here's the lowdown on old chips:
"In terms of cashing in old chips at a casino, the rules vary from one jurisdiction to another. In Atlantic City, for example, a ruling states that every casino chip must hold its face value indefinitely and always be redeemable, although if the casino that issued it no longer exists, then it must be cashed in with the New Jersey Gaming Control Board. In Nevada, so long as the chip isn't obsolete (see below), it will still be honored by the casino that issued it. But if the chip is cancelled and a notice to this effect is published according to Gaming Control regulations, then it can no longer be exchanged for cash.
"There are three principal ways in which chips become obsolete. 1) The casino that issued them goes out of business. 2) The casino changes its name or ownership and issues new chips under the new name. 3) The casino changes chip design or manufacturer. In the event of any of these three scenarios in Las Vegas, the casino is obliged, under Nevada State Gaming Control Board Regulation 12.070, to give fair warning (at least 120 days) to allow holders of the chips to redeem them. Notice of the discontinuance of the chips or tokens and the redemption times and locations must be posted prominently in the casino and published in at least two newspapers of general circulation in Nevada at least twice during each week of the redemption period [Editor's Note: We checked and sure enough, we found the required ad from the New Frontier in the Legal Announcements section of the Business Section of the Las Vegas Review-Journal.] So, if you're holding chips that are about to become obsolete, you should receive fair warning, provided that you're local and keep your eyes and ears open. If you live out of state or abroad, however, and only visit infrequently, then it's probably not wise to take large-denomination chips home with you, especially if the property they come from has even the slightest question mark hanging over its future."
So that's part of your answer. Here's the situation as far as cashing old race and sports and TITO slot tickets is concerned, as explained by contributing expert and professional sports bettor and poker player, Fezzik:
"On the back of every race and sports ticket, there's information explaining:
1) How long the ticket is good for.* 2) How to mail the ticket in for redemption.
*Note that these time limits can vary for race tickets as opposed to sports tickets, and this holds true even at the same casino.
"If you need to mail in a ticket to redeem it, you should do it by registered mail, so it arrives at the casino before it expires. The casino is legally obliged to pay you within 10 days of receipt of your winning ticket.
"Expiration dates vary widely. According to Gaming Control Board Regulation 22 governing race and sports pools in Nevada, tickets must be honored for a minimum of 30 days after the conclusion of the event (which is the policy at Leroy's, for example), but this period may be extended at the discretion of the book. Currently, the longest permitted redemption period is found at select Reno properties, where tickets are good for one full year. The industry standard is 60-90 days. [Editor's Note: Hence, your November ticket is probably long dead, especially as the casino that issued is now no more, but you've got little to lose from trying.
