**Value of Casino Chips** Casino chips are a form of currency used in casinos. They are typically made of plastic or metal and are imprinted with the casino's logo and denomination. Casino chips are not legal tender, but they can be exchanged for cash at the casino cage. The value of a casino chip is determined by its denomination. The most common denominations are $1, $5, $10, $25, $50, and $100. However, some casinos also offer chips in denominations of $200, $500, and $1,000. Casino chips are not interchangeable between casinos. For example, if you win a $100 chip at a Las Vegas casino, you cannot use it to play at a casino in Atlantic City. However, you can exchange the chip for cash at the casino cage. The value of casino chips can fluctuate depending on the casino's exchange rate. For example, a $100 chip might be worth $101…