WAC 230-09-131. Poker tournaments authorized

Licensees may operate poker tournaments at fund-raising events. Licensees must: (1) Adopt and prominently post tournament rules; and (2) Count all money paid to enter a tournament or purchase chips as a wager when determining their ten thousand dollar net receipts limits; and (3) Not allow chips used in poker tournaments to have a monetary value; and (4) Allow chips to be redeemed for cash and/or merchandise prizes; and (5) Maintain a record of all prizes awarded, including, at least: (a) The amount paid for each prize; and (b) For donated prizes, the name of the donor and a description of the prize(s) donated; and (c) The name and complete address of each winner.