Ask Reggi Your Question Now
Can you summarize 1 COCR 207-1 RULE 4?
GAMING REGULATIONS > RIGHTS AND DUTIES OF LICENSEES
Short Summary
The provided legal document content pertains to the rights and duties of licensees in limited gaming. It covers various aspects such as the requirement for retail licensees to furnish a list of licensed and unlicensed persons employed on the property, the obligation to make papers, books, and records available for inspection, the presence of a licensed employee to supervise the operation of games or slot machines, the display of licenses, the availability of sufficient financial reserves to promptly pay winners, the display of accurate payoff schedules, the posting of rules on licensed areas, the prohibition of intoxicated individuals from participating in gaming activities, the prohibition of false or misleading advertising, the notification of patrons regarding dispute resolution, the establishment of rules of conduct for players and spectators, the surrender of licenses upon dissolution, the requirement for prior approval for the sale, lease, purchase, or acquisition of licenses or businesses, the notification of the Division regarding foreign licensure applications, the use of strategy cards in casino games, the prohibition of tipping between gaming employees and supervisors, the adherence to IRS standards for jackpot awards, and the inspection of records and performance of gaming intercepts for jackpot payouts. These documents apply to retail licensees, manufacturers, distributors, associated equipment suppliers, operators, employees, and agents involved in limited gaming activities. No specific exemptions or penalties are mentioned in these documents.
Whom does it apply to?
Retail licensees, licensed manufacturers or distributors, licensed associated equipment suppliers, licensed operators, employees and agents of the Commission, Division, local sheriffs, and police departments
What does it govern?
Rights and duties of licensees in limited gaming
What are exemptions?
No specific exemptions are mentioned.
What are the Penalties?
No specific penalties are mentioned.
Jurisdiction
Colorado