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Question of the Day - 04 February 2025

Q:

What is the lifespan of a casino gaming chip? How long do they last? And are they always replaced when they get old and shabby or are a lot of them replaced because the casino wants to put different logos or promotional ads on them?

A:

The lifespan of a casino cheque, also known as chip, varies depending on usage, materials, and maintenance. On average, casino chips are designed to last between five to 10 years with proper care. 

Cheques made from high-quality clay composite or ceramic tend to last longer than those made from plastic. Chips used more often in a high-volume casino will wear down more quickly, especially around the edges, and the colors will dull.

Proper cleaning and handling can extend the life of a chip. Chips that are regularly cleaned and handled gently are likely to last longer. You can read our QoD about cleaning chips here. However, like anything run through a cleaning process, that can also wear them down enough over time that they have to be destroyed. 

Casino chips are often replaced when they become old or shabby due to wear and tear, but there are also other reasons why casinos replace them. An important one is a concern over security. Cheques with outdated security features (such as older RFID tags) might be replaced to prevent counterfeiting or fraud. Also, as you allude to in the question, casinos sometimes replace them as part of rebranding efforts, such as changing their logo, color scheme, or overall aesthetic. If a casino undergoes a rebranding, new chips might be issued with a new logo or design to reflect the updated brand identity. And every so often, casinos might introduce new denominations or alter existing ones.

You didn't ask, but when a casino pulls cheques out of circulation to replace them, what do they do with them? Well, they're disposed of in a variety of ways. 

A lot of people take them home after forgetting to cash them in or to keep them as souvenirs. The casinos absolutely love when this happens: Cheques cost the casinos a fraction of their face value to buy, so they make the difference in profit when they're taken out of circulation. 

The Casino Chip and Gaming Token Collectors Club has thousands of members who collect casino cheques. In particular, they descend on casinos that are closing or rebranding to buy up chips that are about to expire and could, at some point, be worth more than their face value.

In the more freewheeling days of Las Vegas' past, chips were reported to have wound up as part of the foundations of new casinos under construction. But these days, they have to be accounted for. Gaming Control's "chip-destruction plan" requires submitting two documents when they're discontinued or destroyed for one reason or another.

And when they need to be destroyed? They're sent back to the manufacturers, where they're ground into dust by big machines, then generally wind up as landfill, though some companies manage to recycle some of the materials through their own processes.

 

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Comments

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  • John Chopek Feb-04-2025
    Harrah's Marina
    The $25 and $500 chips currently on the tables at Harrah's Marina in Atlantic City have been used since they opened, November 22, 1980. They are the coin-in-center also known as speed cheques by some dealers.

  • DeltaEagle Feb-04-2025
    DI
    The old DI had coin in the center chips. Then Sheraton came along and killed that. Loved those

  • Michael Myers Feb-04-2025
    Binions
    I haven’t been downtown for over 20 years however I remember those chips at Binions were so old and worn and smooth they were about half as thick as normal ones. Edges were round too.

  • SCOTT Feb-04-2025
    Souvenir Chips
    Should'nt everyone who collects chips from casinos that will be closing just go to every casino now and get them since all hotel-casinos eventually get torn down?

  • Raymond Feb-04-2025
    Scott
    Good idea, BUT that would entail tying up a lot of capital.  if a given casino has chips worth $1, $5, $25, $100, and $500, that's $631 each.  If they have $2.50 pink chips for 3:2 blackjack and/or $1,000 chips or even higher, we're talking serious money for each casino.

  • Hoppy Feb-04-2025
    Re:DeltaEagle
    Yes! Those, and the Blue Orange center from the Frontier.

  • O2bnVegas Feb-04-2025
    mea culpa
    I hate to admit this, but I have some silver dollar coins from Harrah's, about $70 worth.  Years ago, probably 1990 or so when there were still coin droppers, a lady/friend who ran the liquor store I frequented gave me $5 or so to play in a machine for her when I went on a trip to Vegas.  I got home with the coins and couldn't wait to present them, the winnings, to her.  Unbelievably, when I got around to going to the store it been closed and I was never able to locate her.  I stuck the coins in a drawer and just fairly recently stumbled upon them while looking for something else.  Is it possible that Harrah's would cash them for me?
    
    Candy

  • AL Feb-04-2025
    Question
    Can we really even say that a casino chip has a life?