Chip Purchase: Meaning, Process, and Casino Controls
A **chip purchase** is one of the simplest player-facing casino transactions, but behind the scenes it sits at the center of cage control, table inventory, surveillance, and AML monitoring. In practice, it means exchanging an approved source of value for casino chips that can be used in live table games or cash poker. Understanding a chip purchase helps explain why casinos have strict procedures for cash handling, markers, and reconciliation.