Bellagio Chip Heist

Bellagio Chip HeistLadies and gentlemen, we have genuine heist news. I was talking to a friend the other day about how long it’s been since I’ve heard about a big robbery. They mostly seem to take place electronically these days, so watch out. Actually, I’m picking your pocket right now.Just kidding. Anyways, last week a lone motorcyclist pulled a gun on the dealer at a chips table in Vegas and emptied out all his chips in $100-$25,000 denominations. While the Bellagio, which is owned by MGM, hasn’t released any firm numbers, estimates about the value of the chips range from $1-$2 million.

Law enforcers state that the majority of the chips are also embedded with radio devices that make them easily traceable and, essentially, valueless. Unless, that is, the bandit decides to cash them in at one of the Bellagio’s sister resorts. Most chips are only redeemable at the casino in which they’re used, but Bellagio chips are famously transferable. Other speculations are that the thief was working in cahoots with another robber, who stole some very valuable Confederate money that was on display in the hotel. I’m not sure exactly what happened, but this is probably the last time I’ll get to use cahoots and bandit in the same post.

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