R 432.11308 Front money deposits.

Rule 1308. (1) A casino licensee shall establish procedures approved by the board in accordance with these rules in connection with front money. The casino licensee shall establish policies and procedures approved by the board in accordance with these rules to ensure that all applicable currency transaction reporting requirements will be enforced in accordance with applicable state and federal law. (2) Any of the following may be accepted from patrons for the purpose of customer deposits: (a) Cash or cash equivalent. (b) Value chips issued by the casino licensee. (3) Deposits or withdrawals shall be documented by the casino cage cashier and shall include, at minimum, all of the following information: (a) Patron's name and signature. (b) Date of receipt or disbursement. (c) Amount of deposit. (d) Type of deposit. (e) Casino cashier's signature. (4) A casino licensee shall provide to the board a monthly report detailing, at a minimum, all of the following: (a) Outstanding credit. (b) Checks returned and held. (c) Collection activities taken. (d) Settlement of disputed items. (5) All of the following checks shall be deposited within 4 days after the day the checks are received or dated: (a) Cashier's checks. (b) Money orders. (c) Credit card advance checks. (d) Traveler's checks. (e) Wire transfer service checks. (6) Personal checks shall be deposited within 4 days after the day the checks are received or dated, unless otherwise agreed to by the casino licensee and the patron.