NDAC 99-01.3-08-06
Chip bank services
Cite as N.D. Admin. Code ยง 99-01.3-08-06
1.
An organization shall sell casino chips at a table only for cash, no checks. A chip may be
exchanged for a paddlewheel betting chip at a paddlewheel table. Checks may be cashed by
a cashier. Cash for chips sold must be kept separate from all other cash until it has been
counted.
2.
An organization shall redeem a chip for cash at the value for which it was sold, except when a
chip was obtained or used unlawfully. An organization shall adopt a procedure on redeeming a
player's chips that ensures that redeemed chips are separated, by value, and counted
accurately. A cashier may use a rack to account for one or more sets of twenty chips of the
same value. If an organization discontinues twenty-one or paddlewheels at a site, it shall
redeem its chips, at its business office or active site, for thirty days thereafter. An employee
shall redeem a dealer's and wheel operator's tips through cash on hand. Unless a table has a
video surveillance system, a dealer and wheel operator shall redeem the actual chips received
as tips. This rule does not prohibit pooling of tips.
3.
An employee may not take any chip, including tips, to a location outside the gaming area of a
site. A dealer shall redeem tips before leaving a site.