I get they’re not easy to reproduce but isn’t it easier to counterfeit chips than money? How would someone that steals chips use them if they’re only valid in the casino they came from?
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The high value chips do have security features in them just like money making them hard to counterfeit. A casino may also change its design whenever they want making it harder to counterfit and steal. You are right that chips are only valuable in the casino they comes from. In order to cash in a chip you need to enter the casino and exchange the chip for cash. This is also an added security feature as the casino does monitor who comes into their casino, how much they gamble and how much they cash out at the end of the night. If people are conturfiting them then a casino would be able to notice who is able to cash out a lot more chips then they bought while they still did not win much by gambling.
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