Gaming chip with edge insert and process for fabricating same

A gaming chip having an edge insert, and a gaming chip fabrication process, the edge insert having an opening for receiving molding compound. A gaming chip has a core element, such as a substantially flat ring or disc. A plastic edge insert, having a face with an opening therein, is positioned at the edge of the core element. Molding compound, of a color different that the plastic edge insert, is formed around the core element and within the opening of the plastic edge insert to thereby create a complex, interesting, or distinctive visual appearance at the edge of the gaming chip. Multiple embodiments for releasably orienting the edge insert on the core element, prior to forming molding compound about the core element, are provided. In a preferred embodiment, the gaming chip has multiple plastic edge inserts positioned at equally spaced intervals about the gaming chip.