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Casino Establishments to Acquire $50,000 Chips
On March 20th, 2008, to keep track with the ongoing volume change in the casino industry, casino facilities in Atlantic City have chosen a brand new chip whose worth has been valued at $25,000. This brand new chip will take over the earlier $20,000 yellow chip place at the top. To scale down the mistakes that a player will make in naming the difference between the two types of chips, the yellow hue of the twenty thousand dollars chip will be slightly altered.
Dan Nita, who is the Senior Vice President at Caesars Atlantic City, commented that the casinos had petitioned the Casino Commission to permit the brand new chip to be utilized at the gambling tables where big stakes are put down. Nita commented that this chip will give permission to players to wager fifty thousand dollars at a single time.
Nita also said that chip would feature the logo and design of the casino facility. The present value of the chips that is available at the casino facilities in Atlantic City are one dollar, two dollars and fifty cents, five dollars, ten dollars, twenty dollars, one hundred dollars, five hundred dollars, one thousand dollars, five thousand dollars, twenty thousand dollars.
According to the spokesperson of the Casino Commission, there will be no upper limit placed to the number of chips worth $50,000 that a casino facility can buy. The Casino or the House will be the only one to decide on that. Although the brand new chip may not be enough to satisfy the appetite of whales as casino facilities utilized plaque for big value wagers that can be utilized for placing wagers up to $100,000 at a given time.
Thursday, April 03 , 2008
Gerald Kernighan