BonScot
Straight Flush
Brilliant. What do I get?Irrelevant, but this is anyway a derailed tread:
HAPPY NAME DAY TONY!
(St Anthony 's Day today, in the Orthodox Church's calendar).
TRAIN WRECK (1 Viewer)
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A river of ice-cold, ultra-pure, transparent brandy know as tsipouro, once you come hereBrilliant. What do I get?
BonScot
Straight Flush
Awesome. I’m there.A river of ice-cold, ultra-pure, transparent brandy know as tsipouro, once you come here
In my childhood, I used to confuse Baking Powder with (Franz) Beckenbauer, chief of the West German national football team, both being foreign language words
Still today, many uneducated Greeks could come to believe that Ghenghis Khan was English, partly due to difficulties in transliteration (hard to distinguish Genghis from Jenkins, in the Greek alphabet)
On another note, tsipouro (tsikoudia in Crete) is uniquely aromatic.
BonScot
Straight Flush
That would be amazing to see. “Excuse me my good man. Do you mind shuffling along a bit while we invade your country.”
I thought it was Walter Wheat
CrazyEddie
Full House
A few days ago BG said he wasn't sure whether the web mold was owned by BCC or by Michael Patton at any time, let alone at the time of the GPI purchase of BCC. And at least 22 of the molds ended up in Michael's possession by the time of his death.Must’ve been very, very cursory as this is not correct.
As to who designed and owned the molds previously, that’s easily findable too.
Two years ago David Spragg said he has no idea where the Cigar and Snifter mold is. I mean, it's not his to keep track of, but if he doesn't know then it's probably not common public knowledge.
I don't have handy but recall recently reading an old post where one of the Knowledgeable Old Farts said that it wasn't clear which of the molds used by BCC actually went to GPI, either physically, legally, or custodially. I mean, I think we can be confident that GPI has both the physical possession of and legal rights to the Flame, Sun, and No-Mold since we know that those were owned outright by BCC. But the others, from what I've read, were the property of other people and therefore wouldn't necessarily have become the property of GPI - nor even necessarily been retained in their custody - when GPI bought BCC.
I'll dig around later and see what there is that's more concrete.
And it displays 9 of the 10 colors and all 5 of the spot patterns. Plus the required undersized inlay.
Who owns them, or who has possession? Afaik:
- @potsie owns the Web, Suits, and T-mold,
- Joshua Dalton owns the MGK,
- Two Faced Poker owns the TFP,
- Sidepot owns the Cigar & Snifter, Courts & Numerals (and Paradise mold),
- GPI owns everything else recently used by Paulson or BCC (around 20+ molds total, iirc), and likely has physical posession of at least some of each of all the other molds listed above.
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Silver_Fiend
Flush
If these chips makers were run by a board of directors, heads would roll if people were ignoring millions in income from a home-market because they couldnt be bothered to run the equipment or deemed the sales market "beneath them". Every production plant I know re-tools to run new products. We've got new facility construction in my town to be able to keep up with demand on some products.
I get that poker chips are much closer to being a durable good than and routine purchase, but just look at what people on the forum do. Look at how backed-up CPC is in orders. Imagine fueling that desire. Advertising with poker tournies, selling home set to all those players and aspiring hopefuls. Tons of cash being left on the table and I cant figure it out. It cant be about security. Using those long-idled molds would pose zero risk to the THC and house mold chips in the casino cages.
GPI is a publicly traded company with a board of directors. Dunno what the Angel Holdings acquisition did to their internal structure, although the decision to focus exclusively on the casino market segment was made prior to the purchase.
JustinInMN
4 of a Kind
Seriously, PCFers seeking this high end are pretty small time in comparison to the volumes casino orders. Even if there were a thousand PCFers ordering 5000 chip sets that's like 5 million chips. I am guessing dozens of GPI's customers is good for 4x that once a decade.
In a decade's time, I am guess it would be less than half a percent to Paulson to meet the home demand.
It's not worth it to them.
beaver
Two Pair
Slightly off topic, but how many chips would a casino have in their inventory. I know at one point in time someone had posted the amounts of each denom from one of the Horseshoe properties, but I can't find it. Does anyone know what kind of numbers these large casinos, and even smaller card rooms would have? Maybe breakdowns too?
Not to mention the margins on plain clay chips is pretty small, compared to the other casino products they produce at the factories in Mexico.
Disposables such as cards and dice, including high-end RFiD and other security features, recurring sales of table felts, signage, and other gaming equipment and supplies, plus tables, chairs, lighting, security systems and other capital items are the biggest drivers for their bottom line.
No surprise that a small low-cost home gaming chip segment is considered potentially high-risk and in a sense, actually creating competition for their primary customers' business.
Disposables such as cards and dice, including high-end RFiD and other security features, recurring sales of table felts, signage, and other gaming equipment and supplies, plus tables, chairs, lighting, security systems and other capital items are the biggest drivers for their bottom line.
No surprise that a small low-cost home gaming chip segment is considered potentially high-risk and in a sense, actually creating competition for their primary customers' business.
500,000-600,000 value chips including primary and secondary
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Everyone opening up their calculator now.....
beaver
Two Pair
Do you know which casino that was? I kept digging and found the Cleveland numbers:
Its odd the differences in quantity between the primaries and secondaries. You would think they would be the same. Does anyone know of any cases where a casino actually had to use the secondaries?
Its odd the differences in quantity between the primaries and secondaries. You would think they would be the same. Does anyone know of any cases where a casino actually had to use the secondaries?
viet rounder
Two Pair
Under what scenario would they use a secondary?
These chips
RivieraDanny
Royal Flush
@beaver just out of pure curiosity where did you find those numbers? That’s #funfacts!
beaver
Two Pair
It was posted elsewhere on this forum. I think @RainmanTrail may have originally posted it?
This is my favorite book series! Awesome quote lol
In case the primary chips get compromised (theft, counterfeit, ...)
Here are the PCA totals
Primary Chips
$ 0.50 27,054 chips
$ 1.00 45,508 chips
$ 5.00 38,872 chips
$ 25.00 24,873 chips
$ 100.00 10,931 chips
$ 500.00 2,999 chips
Total 150,237
Secondary Chips
$ 0.50 10,000 chips
$ 1.00 47,000 chips
$ 5.00 35,000 chips
$ 25.00 21,000 chips
$ 100.00 7,000 chips
$ 500.00 1,000 chips
Total 121,000
I presume that once secondary chips are used, they become the new primary and another (partial) secondary chipset is created.
Not all chips have a primary and secondary version...example Mesquite Star only had $25 & $100 secondary chips.
And not all states will have same rules about primary & secondary chip or chip security in general.
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Legend5555
Full House
Missing this amazing dumpster fire of a thread must be my punishment for spending too much time in the Politics forum. Really kept me going during a long toilet journey this morning.
viet rounder
Two Pair
Curious to know how that actually works in practice. Because the primary are already in circulation.
CrazyEddie
Full House
Apparently it works very well. In 2011 someone stuck up the Bellagio and stole $1.5 million in chips, most of it in $25k chips. As soon as they left, the chips they stole were cancelled and replaced with the secondary set.
The public had a few months to redeem any of the old chips they had lying around. But if the thief - or anyone they passed the stolen chips on to - tried to redeem any of the high-value chips they'd have been spotted immediately and been subject to intense scrutiny, because casinos in general know who legitimately has all of their high-value chips. There's just not that many high-rollers, and they know them all very well.
https://abcnews.go.com/Travel/casinos-win-robbed-gunpoint/story?id=12531632
viet rounder
Two Pair
Interesting to know. I assume high or low value they all have some sort of serial number associated with each chips like normal currency.
So, politics forum and long toilet jouney...isn't that the same thing?
I stuck my head in the politics forum once...once.
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