Does Cashless & Chipless Casino = Paulson Selling to the Public (1 Viewer)

LeLe

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Little by little going forwards, Cashless / Chipless Casino is likely a thing in the future

I wonder will’nt that mean Paulson will open the Chipping market back to the public? Since they will lose their major customers in Casino and had to open to other stream of customers

Imagine that we could place orders to Paulson/GPI just like how we can place order now to CPC

The chip market value will likely take a huge hit? Except for those vintage, retired mold chip?
 
in a electronic gaming world, the real question is will GPI\Paulson, CPC, Abbiati be able to make their profit goals dealing with only a home consumer market? Of course some also produce other equipment, but will they be able to keep their chip business afloat. I am sure they will cut costs by eliminating rf id, micro dots and most of their security features but will it be enough? How much quality will be sacrificed?
 
in a electronic gaming world, the real question is will GPI\Paulson, CPC, Abbiati be able to make their profit goals dealing with only a home consumer market? Of course some also produce other equipment, but will they be able to keep their chip business afloat. I am sure they will cut costs by eliminating rf id, micro dots and most of their security features but will it be enough? How much quality will be sacrificed?
If they can make a profit someone will. Maybe GPI sells off the IP to someone else willing to manufacture for a much smaller market? My concern would be, are the fixed costs too high to overcome the decrease in volume despite our willingness to pay 5-10-20x their current pricing?

Unfortunately I’d guess QC being hurt if it’s no longer for casinos but may still be worth it.
 
As casinos stop using chips, the casino suppliers (Paulson, B&G, Abbiati, Matsui, and Sun-Fly) will stop making chips. At first they'll slow down their production lines, and once they reach a certain point, they'll shut them down altogether, forever. The non-casino market is not large enough to sustain a commercial operation of Paulson's size producing chips that cost that much; most home consumers will be perfectly satisfied and well-supplied with much cheaper alternatives.

I doubt that any portion of Paulson's Mexico production plant can be profitably operated at only a fraction of its current capacity. Fixed costs are too high. (... or so I presume.)

Maybe someone could buy the Paulson assets from GPI / Angel at fire sale prices and set up a new operation with smaller scale and overhead, and compete with CPC. Given the CPC lead times, there's probably enough demand for another player to enter the market and still keep both companies in business... although that's hard to say for sure given we're not privy to CPC's business. I sometimes get the impression that CPC is in precarious financial health due to slim margins and small volume, long lead times notwithstanding.
 
I would think that the price of chips will only increase in value. I dont see paulson's getting back into the consumer market. As long as the casino's are with cash, paulson stays in the casinos ;)
 
More importantly - if casinos go chipless will people get to purchase those obsolete racks once they get rid of them. Just think of how many existing different racks exist. Oh baby!!
 
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To me I feel like a decent selling point will become the chips themselves in the casinos that still offer live games. Kinda like how movie theaters are less about the movie and more about the experience now. So it'll be interesting to me to see if the demand for the experience can keep them afloat.
 
For one I SURE hope casino never go fully Chipless and all digital, it would seriously take the fun out of gaming and I dont trust digital attempts at table games fully to begin with. As far as Paulson and other chip manufacturers, one would seriously have to wonder could they even survive without casinos? Would they even consider the home market viable enough to keep going?
 
I had a friendly couple for dinner last night. Cultivated, art-loving folks. Totally unrelated to poker.
They showed 10 times the admiration for my custom chips than my poker crew.
 
The moment I cannot push stacks of actual chips around in a casino is the same moment I stop playing casino games.
And home games will be booming again...like during the lockdown / quarantine times when casino's closed.
PCF has grown like never before, waiting list for CPC & Gear labels has never been longer and Tony had to put a hold on orders since he was touching 12-18 months lead time.

Still, Paulson will go where the casino market goes...and that can be chipless or switch to chips that can be cleaned/sterilized with a machine...
Don't see Paulson ever catering to the home market again, certainly no THC / RHC / IHC custom chips.

I expect TCR to have a bigger part in the way the market prices will go in the coming 24 months
Call me crazy but I do expect a lot of casino's going belly up or downsize/consolidate....an epic sale like Empress or PCA could turn the market for a few months.
A huge NAGB (in April) could do the same...

We'll see :)
 
A huge NAGB (in April) could do the same...

Jeff-Goldblum-Tell-me-more-I-am-listening.gif
 
I think as Casino's move chipless we will see a brief chip Armageddon of deals before the inevitable dry up and the hobby could become somewhat of an old fashioned thing....hosting games with real chips, nostalgia like.

How long until members post their digital sets? Classifieds in 2024 will read $7/chip for digital THC purples (rare)
 
NFT is such a crock of shit. Reminds me of the Tulip craze and Crypto bs. And I used mine a Bitcoin back in the day.
 

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