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Can you summarize 1 COCR 207-1 RULE 16 30-1614?
ACCOUNTING REGULATIONS > Free play items.
Short Summary
This legal document governs the use of match play coupons and table game coupons in the gaming industry. Match play coupons can be used at table games, but not for slot machines. When used at a table game, the value of the coupon must be included in the total drop amount for that table and shift. The combination of match play coupons and the patron’s wager cannot exceed the posted table limits. The patron’s wager must be equal to or greater than the value of the match play coupon. Match play coupons must have the issuing establishment’s name, city, value, and an explanation of use printed on them. They are considered a wager and are paid out according to specified odds. All coupons must have an expiration date. Table game coupons are also allowed and must have the same information printed on them. When redeemed at a table game, they are immediately dropped in the table drop box and included in the total drop for that table and shift. No specific penalties are mentioned in this document.
Whom does it apply to?
Gaming patrons and establishments issuing match play coupons and table game coupons
What does it govern?
Match play coupons and table game coupons in the gaming industry
What are exemptions?
Match play coupons do not apply to slot machines
What are the Penalties?
No penalties mentioned
Jurisdiction
Colorado