Use Of Chips And Tokens

Use Of Chips And Tokens. (a) A licensee that uses chips or tokens at its gaming establishment shall: 1. Comply with all applicable statutes, regulations, and policies of this state and of the United States pertaining to chips or tokens; 2. Sell chips and tokens only to patrons of its gaming establishment and only at their request; 3. Promptly redeem its own chips and tokens from its patrons; 4. Post conspicuous signs at its establishment notifying patrons that federal law prohibits the use of the licensee's tokens, and that state law prohibits the use of the licensee's chips, outside the establishment for any monetary purpose whatever; and 5. Take reasonable steps, including examining chips and tokens and segregating those issued by other licensees to prevent sales to its patrons of chips and tokens issued by another licensee. (b) A licensee shall not accept chips or tokens as payment for any goods or services offered at the licensee's gaming establishment with the exception of the specific use for which the chips or tokens were issued and shall not give chips or tokens as change in any other transaction. (c) A licensee shall not redeem its chips or tokens if presented by a person who the licensee knows or reasonably should know is not a patron of its gaming establishment, except that a licensee shall promptly redeem its chips and tokens if presented by: 1. Another licensee who represents that it redeemed the chips and tokens from its patrons and received them unknowingly, inadvertently, or unavoidably; or 2. An employee of the licensee who presents the chips and tokens in the normal course of employment. (d) A licensee shall not knowingly sell, use, permit the use of, accept, or redeem chips or tokens issued by another licensee, except as follows: 1. A licensee may redeem tokens issued by another licensee if: i. The tokens are presented by a patron for redemption to a cashier of the licensee's gaming establishment and the patron states that he or she received the tokens at the licensee's establishment from the payout chutes of slot machines or from an employee of the licensee; or ii. The tokens are presented by a patron at a table game, and the licensee redeems the tokens with tokens of its own, places the redeemed tokens in the table's drop box, and separates and properly accounts for the redeemed tokens during the count performed pursuant to the licensee's system of internal control; and 2. A licensee may redeem chips issued by another licensee if: i. The chips are presented by a patron for redemption at the cashier's cage of the licensee's gaming establishment; or ii. The chips are presented by a patron at a table game and the licensee redeems the chips with chips of its own, placed the redeemed chips in the table's drop box, and separates and properly accounts for the redeemed chips during the count performed pursuant to the licensee's system of internal control. (e) Chips whose use is restricted to uses other than at table games or other than at specified table games may be redeemed by the issuing licensee at table games or non-specified table games if the chips are presented by a patron, and the licensee redeems the chips with chips issued for use at the game, places the redeemed chips in the table's drop box, and separates and properly accounts for the redeemed chips during the count performed pursuant to the licensee's system of internal control. (Adopted: 09/25/1991.)