I've been curious about how someone like Jim goes about the whole process of buying a (sometimes defunct) casino's stock of chips. Are there inventory auctions or the like happening for these closed-down places or is it more about having a lead, either the casino/poker room closing or them ordering new chips, and hammering out a deal without a third party?
Have there ever been issues with various state/provincial/regional gaming boards, etc. that resulted in a possible sale being nixed? What other potential obstacles are there in the way?
Have there ever been issues with various state/provincial/regional gaming boards, etc. that resulted in a possible sale being nixed? What other potential obstacles are there in the way?