Gambling Token can be defined as a token or CHIP used in gambling, such as in casinos. It is usually made of plastic or metal and has a monetary value assigned to it. Gambling Tokens are used as a form of currency in the gaming industry, allowing players to purchase items or services without having to use cash. They are also used to track winnings and losses, as well as to keep track of the amount of money that has been wagered. The term 'CHIP' is often used interchangeably with Gambling Token.