Fake money can be broadly defined as counterfeit money. This is a currency which is created to imitate a government produced currency. Fake money notes are generally designed to look like real notes and these notes can easily convince a layman of their legitimacy. Generally counterfeit money is used instead of genuine one to purchase items or services.
This process of counterfeiting is as old as money itself. Even in the times before the advent of currency notes, the most prevalent method of counterfeiting the money was to use cheaper metals instead of pure gold and silver. During the World War II the Nazis acquired perfection in counterfeiting the currency of America and Great Britain. Even today the counterfeiters have acquired the knowledge and the resources to counterfeit US dollar to such perfection that this fake money notes are called ‘Super Dollars’. This fake currency notes have earned this name due to their high quality and resemblance to the real US dollars. Even Euro has not been spared as there has been considerable amount of counterfeiting of Euro banknotes and coins.
Every casino want to break it previous record of the money spent by players on their casino games, but this (fake one) type of money is neither welcome nor desired by them.
It is quite common these days that some unscrupulous gentlemen try to scam the casinos by using thousands of dollars of counterfeit bills. They play with fake currency and cash out to receive genuine cash. When these players get caught they exchange the comforts of these resorts with jail cells.
Some people even tried to counterfeit the casino chips instead of cash. This seems easy but in reality it is not possible. Each casino has its own manufacturing unit for these chips. If they are prepared by professional chip makers, they use up to date security features for their manufacture. These chips are not just discs of colored plastic. They are created, machined and finished as per the security requirement of these casinos. They are manufactured using very specialized equipment. Casino chips have many hidden security features ranging from serial numbers to microchips embedded in them.