Does Vegas gaming force casinos to have cash-like assets to back all their chips? I've heard of casinos being shutdown because they didn't have enough cash on hand for general operations, but not sure about the inevitable large amount of cash chips some vegas places might have. Could a place go bankrupt and just not honor their chips. Or never open back up?
I don't expect this to happen on the strip, but seems reasonable it could happen somewhere. Gaming is so different across the country.