N.J. Admin. Code § 13:69E-1.4A

Current through Register Vol. 56, No. 21, November 4, 2024

Section 13:69E-1.4A - Tournament gaming chips

(a) A tournament gaming chip (tournament chip) shall have no cash value and be utilized solely in gaming tournaments in a casino, casino simulcasting facility, or location approved by the Division.

(b) Each tournament chip, unless otherwise approved by the Division, shall contain certain identifying characteristics that may appear in any location at least once on each face of the gaming chip and shall be applied in a manner which ensures that each such characteristic shall be clearly visible and remain a permanent part of the gaming chip. The characteristics required by (b)1 through 4 below shall be applied in such a manner so as to be visible to surveillance employees using the closed circuit television system. The identifying characteristics of a tournament chip, at a minimum, shall include:

1. The name, trade name, or other identification of the issuer of the tournament chip;

2. A design, insert, or symbol that will permit a set of tournament chips being used to be distinguished from the value and non-value chips being used at every other gaming table in the casino or casino simulcasting facility;

3. The denomination;

4. The words "Tournament" or "No cash value;" and

5. Such color and/or design combinations as the Division may approve so as to readily distinguish each denomination.

(c) Tournament chips shall be assigned only to those tables utilized in a tournament. No casino licensee or any employee thereof shall allow any patron to remove a tournament chip from a tournament.

(d) Whenever tournament chips are taken from or returned to an approved storage area, at least two employees shall be present, one of whom shall be a supervisor from the casino games or security department or other department approved by the Division, and the following information shall be recorded in the tournament chip inventory ledger together with the date and signatures of the employees involved:

1. The alphabetical designation and, if applicable, any numeric designation;

2. The number and dollar amount for each denomination of tournament chip removed or returned;

3. The number and description of the tournament chips removed or returned;

4. The specific storage area being entered; and

5. The reason for the entry into the storage area.

N.J. Admin. Code § 13:69E-1.4A

Adopted by 47 N.J.R. 1954(a), effective 8/3/2015