Quote:
Originally Posted by Playbig2000
Chips unattended, even if they're on the floor, are the casino's property.
This is wrong, except in the "all chips, whether lost or not, at all times, whoever has them, remain the property of the casino, and can only be exchanged for cash at our prerogative" sense which may be true in some jurisdictions.
Chips (or any item) left unattended remain the legal property of the person who left them unattended. Chips that are lost or misplaced also remain the property of the person who lost or misplaced them, not the person who finds them, in most jurisdictions (though they will convert to being owned by the finder if the true owner cannot be found). Only property which is abandoned, which would almost never be the case for chips that still have monetary value, become the property of the person who finds them.
You may be getting confused because, if you find property that is lost or misplaced, you must attempt to find its true owner and return it to them. Oftentimes the easiest way to do that is to turn it into the casino lost and found. And if you are an employee who finds a chip during the ordinary course of duty, you are obligated to treat your employer as the entity which found the item, rather than you as an individual, and will likely be terminated if you do not turn it over to the casino.
https://en.wikipedia.org/wiki/Lost,_...doned_property
Last edited by dinesh; 12-14-2017 at 02:43 PM.