Casino Chips Can Expire But Will Usually Retain Their Value

Published on May 18th, 2022 1:13 am EST


A stack of chips is photographed arranged neatly on the casino table.You make a trip to Las Vegas.

When you return home and are unpacking, you discover that you accidentally took some casino chips with you instead of cashing them in before left.

Will they expire? Are you out of luck?

-

From time to time, casino chips will expire.

In almost all cases, however, the casino will honor your expired chips and give you new ones to replace them.

So, if you have a stack of $200 in chips that have expired, if you take them to the cage, you will almost certainly get $200 in fresh chips.

After all, you are a customer, and the casinos will want to treat you right.

Whether the chips are six months expired or six years, you can be virtually certain that the casino will honor your chips.

-

There is one exception to this rule, and it usually applies to high denomination chips.

Every so often, there will be an issue with high denomination chips being stolen or fraudulently replicated.

In this case, the casino will often cancel all of their high denomination chips and put out new chips with a replacement design.

Casinos will usually put a time limit on the returning of the chips - something in the neighborhood of 2-3 months.

If you hold high denomination chips and they have been replaced in this fashion, you will likely be out of luck if the deadline passes, so this is something to keep an eye on.

-

Lastly, if a casino goes bankrupt, you might be out of luck when it comes to cashing in your chips.

In the case of bankruptcy, your chips might become worthless if the casino closes down, so make sure to keep an eye on casino bankruptcy filings if you have a bunch of chips sitting at home.