Tournament Chips

(1) If a licensee conducts table game tournaments, the tournaments shall be conducted using tournament chips. (2) The identifying characteristics of a tournament chip must include, at a minimum: (a) The name, logo or other approved identification of the licensee issuing the tournament chip; (b) The word “Tournament”; (c) The denomination of the chip; (d) The phrase “No Cash Value”; and (e) Color or design combinations so as to readily distinguish the tournament chips from: 1. The roulette non-value chips used for the play of roulette at the licensed facility. 2. The value chips issued by any gaming licensee. 3. Poker room rake chips. (3) Tournament chips shall be stored in a secure area approved by the Bureau. (4) An inventory of all tournament chips shall be conducted by the licensee prior to the start and after the completion of each tournament. (5) Discrepancies in the inventory shall be immediately reported to the casino compliance representatives. The discrepancy report must include the balance for each denomination of tournament chip on hand at the beginning of the tournament and the balance on hand at the end of each tournament. (6) Tournament chips shall be assigned only to those tables utilized in a tournament. No casino licensee or any employee thereof shall allow any patron to remove a tournament chip from a tournament. (7) Whenever tournament chips are taken from or returned to an approved storage area, at least two employees shall be present, one of whom shall be a supervisor from the casino games or security department or other department approved by the Bureau, and the following information shall be recorded in the tournament chip inventory ledger together with the date and signatures of the employees involved: (a) The alphabetical designation and, if applicable, any numeric designation; (b) The number and dollar amount for each denomination of tournament chip removed or returned; (c) The number and description of the tournament chips removed or returned; (d) The specific storage area being entered; and (e) The reason for the entry into the storage area.