LAS VEGAS — Christian Science Monitor reports that Bellagio resort in Las Vegas was robbed of $1.5 million in casino chips by an armed bandit who fled on a motorcycle.
Chips ranging in value from $100 to $25,000 were stolen early Dec. 14 according to police.
A spokesman for casino owner MGM Resorts International, Gordon Absher, said that the chips are not the same as cash. “At some point they have to be redeemed,” he said.
Casinos each have unique chips that are not generally interchangeable, however state regulations allow casinos to redeem chips from sister properties with some restrictions.
Police will be watching closely to see if someone shows up to a casino cage with a stack of $25,000 chips.
Police say at 3:50 a.m. a man wearing a jumpsuit and a motorcycle helmet with white stripes walked into the casino with a gun, robbed a craps table then sped away on a motorcycle in the dead of night.
Estimates of the amount taken from the Bellagio varied. A police spokesman said it could be close to $2 million.
Police also believe the same suspect wore a helmet, flashed a gun and sped away on a black sport motorcycle after robbing the Las Vegas Suncoast Hotel & Casino poker room on of less than $20,000 Dec. 9.
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