The CPC "speed bump" - a bit out of hand these days (1 Viewer)

From memory they spent $26million on their setup!
No the materials are not known, of course not.
not known... yet!

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Wouldn't work scaled down. Their presses make one chip at a time. It would still require 5x the equipment we have now and would cost 4x as much to produce.

Amazing that they can sell them for $1 each and stay open. Thanks for sharing the insider details.
 
I believe I've read all the posts but was this a "real" issue? Meaning can you actually FEEL the "bump" on the chip or was this more of an optical illusion with extreme closeups of chip stacks?

Is it possible chip pr0n is bad? o_O
On mine the bumps can be felt. My pictures didn't seem to be much different than those posted by others, those of whom have commented in this thread say are negligible.

We would need other people with this to chime in. It would seem since it's been attributed to the grinding wheel that every set that has this would be to varying extents, as it would be entirely dependent on the operator at the time the chips are ground down.
 
Okay thanks @Venturalvn for this thread. While some have certainly argued it's pointless and if you have an issue bring it up with the vendor privately, I think this does serve the interests of the community at large.

That being said, I don't think it'd sway me from purchasing CPCs but you can never have too much info and either way the info I've learned about the amount of "flash" that CPCs do have (amazing how well they do turn out!) and just now the differences between @David Spragg's setup and Paulson's has been invaluable to me! :tup:
 
Tell them their current model is unsustainable Cam and that they need to 1) sell to the home market and 2) sell of proprietary BCC information.

The only chips they sell for $1 each are the lighter weight non-casino grade. Casino's pay $1.50-$3 a chip with up to a further $1 for security features.
 
Trust me, they are not casino grade. Put them in the Bellagio poker room and they would be worn down to nothing after a year.
Sorry, but that's bullshit. They are identical to current THC chips being sold to casinos today, less any security or RFID features.

But that's for another thread....
 
Sorry, but that's bullshit. They are identical to current THC chips being sold to casinos today, less any security or RFID features.

Why do they weigh less?
My info came direct from the GPI salesman btw. Told me that was the only way they could produce them at that price.
I handled the Paulson orders for the Palms for 10 years, I know exactly what the casinos are paying for their grade of chips. Current latest for the smallest inlay (as they now charge a different price per inlay size) is $1.39 + tax in NV.
What happens though is that most larger casinos have deals including equipment, service contracts etc. which makes it appear they are getting a better deal on their chips.
Last I knew their actual production cost was around 90c on casino grade and 70c on others.
 
Sorry, but that's bullshit. They are identical to current THC chips being sold to casinos today, less any security or RFID features.
PS - only reporting what I was told when I questioned how they could sell them at that price (when they had told me only a year before that they couldn't produce something I asked them for at under $1.39 and wanted ridiculous setup costs on top).
 
Ok someone get a bunch of boat chips, some ugly but newish vegas paulsons, and a buffing machine or mixer and put this thing to the test!
 
What happens though is that most larger casinos have deals including equipment, service contracts etc. which makes it appear they are getting a better deal on their chips.
I was joking about the unsustainable part. Obviously they have there shit together since they've been posting good revenue for years.

Also figured this was the case with packaging deals for full service. Like any company who provides A-Z product and services, the bigger the package deal, the greater the discount.
 
Why do they weigh less?
My info came direct from the GPI salesman btw. Told me that was the only way they could produce them at that price.
I handled the Paulson orders for the Palms for 10 years, I know exactly what the casinos are paying for their grade of chips. Current latest for the smallest inlay (as they now charge a different price per inlay size) is $1.39 + tax in NV.
What happens though is that most larger casinos have deals including equipment, service contracts etc. which makes it appear they are getting a better deal on their chips.
Last I knew their actual production cost was around 90c on casino grade and 70c on others.
PS - only reporting what I was told when I questioned how they could sell them at that price (when they had told me only a year before that they couldn't produce something I asked them for at under $1.39 and wanted ridiculous setup costs on top).
For starters, the boat chips don't weigh less than other comparable casino chips being produced today. If you take and compare samples (I and others have) -- same colors, same mold, same inlay size, same features -- the weights are identical, because the materials are the same.

They do have other material mixtures that are cheaper (that exclude weighted materials like zinc oxide), but they don't sell those under the Paulson brand or to casino customers.

In addition, North American GPI reps do things a little differently than those in other locations. They have policies in place that do not necessarily exist across all of GPI. Regional pricing is a definite reality, as is sales margin markup differences, so it's very difficult to compare pricing in a vacuum. The final price for identical chips (chips only, no other equipment or contracts involved) will be different depending on the specific customer, volume ordered, and GPI rep location. It's not a one-price-fits-all drawn from a company-wide price list.
 
Maybe it is true... I'd just find it difficult to believe they'd sell an inferior product to casinos and never mention they have another higher quality product
 
For starters, the boat chips don't weigh less than other comparable casino chips being produced today. If you take and compare samples (I and others have) -- same colors, same mold, same inlay size, same features -- the weights are identical, because the materials are the same.

They do have other material mixtures that are cheaper (that exclude weighted materials like zinc oxide), but they don't sell those under the Paulson brand or to casino customers.

In addition, North American GPI reps do things a little differently than those in other locations. They have policies in place that do not necessarily exist across all of GPI. Regional pricing is a definite reality, as is sales margin markup differences, so it's very difficult to compare pricing in a vacuum. The final price for identical chips (chips only, no other equipment or contracts involved) will be different depending on the specific customer, volume ordered, and GPI rep location. It's not a one-price-fits-all drawn from a company-wide price list.

I wasn't considering the location but if all the above is true it would seem as though the Vegas market is being reamed :)
I also know they lost considerable contracts in MA, AC and CA over price, and the chips those casinos went with instead certainly cost over a dollar.

Anyway, back to the original question - being that while quite automated, Paulson's process is still quite labor intensive, the wage cost between the US and Mexico is the factor. After all that is why they moved to Mexico in the first place. They would have known they could get $26m back in x years etc.
 
After reading the above, it kind of sounds like the local GPI rep was spewing a response from the hip.

"Oh, those? Yeah, those were less because they were not casino grade, I was giving you a price on casino grade chips."
(Even though we only sell chips to.....casinos...) :cautious:
 
As stated earlier we conducted a few measured tests on the speed bump issue. Yes it would appear that maybe one or two more chips per load exhibit faint discrepancies we would rather not have.
As a result we have 'dressed' the grinding wheels to try and eliminate those. This is a very dangerous process and not one that can be undertaken often.
 

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