Promotional And Tournament Chips And Tokens

Promotional And Tournament Chips And Tokens. (a) As used in this section, "promotional chip" means a chip- or token-like object issued by a licensee for use in promotions or tournaments at the licensee's gaming establishment. (b) Promotional chips must be designed, manufactured, approved, and used in accordance with the provisions of this regulation applicable to chips and tokens, except as follows: 1. Promotional chips must be of such shape and size and have such other specifications so as to be distinguishable from other chips and tokens as determined by the Executive Director; 2. Each side of each promotional chip must conspicuously bear the inscription "No Cash Value"; 3. Promotional chips must not be used, and licensees shall not permit their use, in transactions other than the promotions or tournaments for which they are issued; and 4. The provisions of Rule 5.7 of this regulation shall not apply to promotional chips. (Adopted: 09/25/1991.)