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Bellagio Discontinues $25000 Chip to Thwart Robber - The Epoch Times

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The Bellagio hotel will discontinue its casino chip worth $25,000 in an attempt to thwart the robber who struck the casino two weeks ago, an Associated Press report has said.

The luxurious casino and hotel in Las Vegas is sending the message to the thief, who held up a craps table on Dec. 14 and fled on a motorcycle, that the chips will be worthless if he, or other chip-holders,

don’t redeem them by April 22.

The Bellagio robbery saw a man in a jumpsuit and motorcycle helmet steal $1.5 million in chips from the casino, according to a previous report by The Epoch Times citing local Fox television staion. AP reports that many of the chips were worth $25,000.

But the thief will have a hard time cashing the casino-specific chips now as police and officials are monitoring the redemption of high-value chips that range from $100 to $25,000.

"The bottom line is that they're not money," Nevada Gaming Control Board official David Salas told AP.

The number of $25,000 chips that were stolen could number as high as 60, according to a Fox Business report.

Bellagio filed the chip discontinuation notice, which is required by law, the day of the heist, and was also mandated to give legal chip holders a “reasonable amount of time to cash in any chips,” the news agency also said.



Source: http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFUFOV4xBCBYE5Emz6CV2rd6ZKLqw&url=http://www.theepochtimes.com/n2/content/view/48368/

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