MGM casinos seem to be fine honoring each other's chips, but for large-denomination chips they will send you to the cage, demand a player's card, and check to see if you have any outstanding markers with the issuing casino. Is that true, or is there an agreement (written or otherwise) where casinos will accept each others' chips? I remember, back when I was in Reno in 1985, there was a similar "rule" concerning dollar tokens, but since they were all the same size and the machines didn't care what casinos issued them when you put them in (and nobody cared which casino's tokens came out), the rule was, as the saying goes, "more honour'd in the breach than the observance." I was under the impression that a chip was worthless outside of its own casino. The dealer said that they had to go to the cage the chips owner said that the cage had sent him to the table. One of the things I forgot to mention in my recent trip report: while I was at the crap table at Downtown Grand, somebody came over with three $100 chips from Golden Nugget and asked for them to be changed.
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