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Can you summarize 1 COCR 207-1 RULE 12 30-1285?
GAMING DEVICES AND EQUIPMENT > Electronic promotional credit system standards.
Short Summary
This document sets forth the standards for the electronic promotional credit system (EPCS) in the gaming industry. It applies to licensees operating gaming devices and equipment. The EPCS must have secured communication between slot machines, other devices, and the EPCS, with access controls using individual login and password. System users must be granted requisite permission to ensure adequate segregation of duties. The communication process must be robust and stable, allowing for identification and logging of all transactions for audit and reconciliation purposes. The licensee must comply with additional standards, including paying all winning wagers with cashable credits, maintaining the cashable and non-cashable status of promotional credits, and ensuring that cashable electronic promotional credits are paid from the slot machine and cannot be uploaded back to the EPCS. The EPCS must prompt patrons to enter a Personal Identification Number (PIN) before downloading electronic promotional credits, and patrons must access their credits using a magnetic strip card and PIN. Disclaimers and rules for promotional credits must be clearly identified or displayed to the patron, and any communication errors must be notified to the patron. Direct wagering at a slot machine using credit or debit cards is prohibited. The EPCS must employ network clock synchronization technology and maintain records of each download/upload and adjustment of electronic promotional credits.
Whom does it apply to?
Licensees operating gaming devices and equipment
What does it govern?
Electronic promotional credit system standards
What are exemptions?
No exemptions are mentioned
What are the Penalties?
Penalties for non-compliance are not specified in the document
Jurisdiction
Colorado