Are we seeing the demise of the traditional casino chip?
Thursday 29th January 2009
As Foxwoods Resort Casinos reports a change from the more traditional casino chip to one of a high-tech nature which has an embedded radio-frequency chip, many are now concerned that the days of the traditional basic casino chip are on the way out. This new breed of embedded casino chips have been presented as the new face of anti-counterfeiting but there is a suggestion that it will allow casino operators the chance to monitor each and every player on the casino floor and their win rates.
The fact that Foxwoods itself has over 10,000 employees in its worldwide casino portfolio lends great presence to the emergence of these new embedded chips. If there is one area of the casino industry which has remained unchanged for some time it is the humble casino chip, which many casino members associate directly with the industry. The glamour of throwing your chips across the table or collecting your massive win may soon be replaced by a more computer orientated embedded chip.
It will be interesting to see exactly how the likes of Foxwoods Resort Casinos make use of the new technology and what information they can provide. Many people will always be wary of changes in the industry and the emergence of embedded chips has offended many of the more traditional casino players.