R 432.1106 Definitions; P to R.

Rule 106. As used in these rules: (a) "Par sheet" means a document that is provided by the EGD manufacturer and depicts all of the following: (i) The possible outcomes from the play of an EGD. (ii) The probability of occurrence of the outcomes. (iii) The contribution of each winning outcome to the payback percentage of the EGD. (b) "Patron dispute" means a dispute a patron has regarding winnings or losses or the conduct of gambling at a casino. (c) "Payout" means the winnings that result from a wager. (d) "Petitioner" means a person that files a petition under part 7 of these rules. (e) "Picture identification" means a valid driver license, state identification card, student identification card, military identification card, passport, or another bona fide picture identification that establishes the identity and age of the individual. (f) "Pit" means the area enclosed or encircled by the arrangement of the gaming tables where casino gambling personnel administer and supervise the live games played at the tables by patrons located outside the perimeter of the area. (g) "Progressive controller" means the hardware and software that controls all communication among the EGDs or live gaming devices within a progressive EGD link or a progressive live gaming device link and its associated progressive meter. (h) "Progressive jackpot" means a value determined by application of an approved formula to the income of independent, local, or interlinked EGDs or live gaming devices. (i) "Public offering" means a sale of securities that is subject to the registration requirements of section 5 of the securities act of 1933, 15 USC 77e(c), or that is exempt from the registration requirements solely by reason of an exemption contained in either of the following provisions: (i) Section 3(a)(10), (a)(11), or (c) of the securities act of 1933, 15 USC 77c(a)(10), (a)(11), or (c), as amended. (ii) Regulation A or Regulation D adopted under section 3(b) of the securities act of 1933, 15 USC 77c(b), 17 CFR 230.251 to 230.263, and 230.500 to 230.508, as amended. (j) "Publicly traded corporation" means any of the following: (i) A person, other than an individual, to which either of the following provisions applies: (A) The person has 1 or more classes of voting securities registered under section 12 of the securities exchange act of 1934, 15 USC 78l, as amended. (B) The person issues securities and is subject to section 15(d) of the securities exchange act of 1934, 15 USC 78o(d), as amended. (ii) This term also means another person, other than an individual, required to file under the securities exchange act of 1934, 15 USC 78a to 78qq. It also includes any person, other than an individual, that has securities registered or is an issuer under this definition solely because it guaranteed a security issued by an affiliate under a public offering and is considered by the Securities and Exchange Commission to be an underwriter of a public offering under section 2(a)(11) of the securities act of 1933, 15 USC 77b(a)(11), and 17 CFR 230.140, as amended. (iii) A person, other than an individual, created under the laws of a foreign country to which both of the following provisions apply: (A) The person has 1 or more classes of voting securities registered on the foreign country's securities exchange or over-the-counter market. (B) The board has determined that the person's activities are regulated in a manner that protects the investors and this state. (iv) A person, other than an individual, that has shares that are traded on an established securities market or traded on a secondary market. (k) “Qualifying business” means any of the following: (i) A person, that is not an individual, that directly or indirectly controls an applicant for, or holder of, a casino or supplier license. (ii) A person, that is not an individual, that directly or indirectly holds more than 5% direct or indirect ownership interest in an applicant for, or holder of, a casino or supplier license. (iii) A person, that is not an individual, that has ownership common to the ownership of an applicant or licensee, that provides a material aspect of the goods or services that an applicant or licensee provides or plan to provide in this state. (l) "Random access memory" or “RAM” means the electronic component used for computer work space and storage of volatile information in an EGD. (m) "Randomness" means the unpredictability and absence of patterns in the outcome of an event or sequence of events. (n) "Random number generator" or “RNG” means hardware, software, or a combination of hardware and software devices for generating number values that exhibit the characteristics of randomness. (o) "Read only memory" or “ROM” means the electronic component used for storage of nonvolatile information in an EGD, including programmable ROM and erasable programmable ROM. (p) "Registered agent" means an individual designated to accept service of legal process on behalf of another person. (q) "Related party" means either of the following: (i) A key person of a casino licensee or a casino license applicant. (ii) An immediate family member of a key person of a casino licensee, or a casino license applicant. (r) "Related party transactions" means transactions between a casino licensee or a casino license applicant and a related party. (s) "Respondent" means a person against whom a seizure, forfeiture, or disciplinary action has been initiated.