..

Bellagio Poker Chip Bandit Probably Won’t See A Dime

Written by:
Jagajeet Chiba
Published on:
Dec/15/2010
Bellagio Chip Bandit

A man who robbed the famed Bellagio Hotel Casino early Tuesday morning of over $1.5 million in chips probably won’t be able to cash out.  That’s because the Bellagio’s chips are supposed to be encoded.

The unidentified man, who entered the establishment wearing a motorcycle helmet, held up a craps table around 3 am Tuesday.  He fled on a motorcycle.  Authorities believe he robbed another casino just days before.

Anthony Curtis, an expert on the Las Vegas casino scene, tells KTNV each chip is marked with an embedded code, or at least they should be.

"There's RFID – chips that have radio devices in them."

Once the chips are scanned, a casino can then determine where they came from.  The high profile nature of this brazen robbery will have casinos across the country on notice.

The Bellagio has not released an official statement on the incident, prompting concerns that the chips may not have been encoded.

- Jagajeet Chiba, Gambling911.com

Gambling News

Odds Released on Meghan Markle Attending Prince Philip's Funeral

Odds Released on Meghan Markle Attending Prince Philip's Funeral

It's a sad day for the world as it was revealed Friday that Prince Edward, husband of Queen Elizabeth II, had passed away.  He was 99 and lived an otherwise amazing life.

New York's Path to Mobile Sports Betting Questionable

New York is expected to allow for two mobile sports betting master licensees with a minimum of four skins, a model many view as least competitive.

Florida Gambling Bills Don't Include Sports Betting

Florida Gambling Bills Don't Include Sports Betting

One of three bills introduced would allow for gambling at former US President Donald Trump's golf resort in Doral just outside Miami

Maryland Sports Betting Would Have No Cap

Maryland Sports Betting Would Have No Cap

Maryland is on its way to becoming the first state with an unlimited (uncapped) number of online sports betting operators, both online and retail.  This means, in theory at least, that the Old Line State could host just about any current legal operator. Wyoming and Tennessee allow unlimited sports betting licensees online.

New York Approves Online Sports Betting: But What Model?

New York Governor Andrew Cuomo has given his blessing to legalized online sports betting in the state as part of the 2022 fiscal year budget.

Syndicate