Ohio Admin. Code 3772-14-02

Current through all regulations passed and filed through September 23, 2024
Section 3772-14-02 - Monetary controls for player against player contests
(A) A casino operator shall have written procedures for collecting a rake, including entry fees or other consideration, during the conduct of player against player contests. The rake shall accumulate to gross casino gaming revenue.
(B) Winnings paid in a tournament shall be deductible from gross casino gaming revenue, but any such deduction shall not exceed the total rake, including entry fees or other consideration, received for the tournament and non-cash winnings shall be deductible only to the dollar value of the amount invoiced to and paid by the casino operator.
(C) Player against player contest banks shall be kept at an imprest amount and any variances between the actual amount of chips and cash and the set imprest amount shall be documented and investigated.
(D) Casino operators shall have procedures for conducting transfers between imprest player against player contest banks and casino cages or other imprest player against player contest banks.
(E) Chips or cash shall be transported between imprest contest banks and casino cages or other imprest contest banks in a manner which allows for the chips or cash to be continuously observed by surveillance.

Replaces: 3772-11-42

Ohio Admin. Code 3772-14-02

Five Year Review (FYR) Dates: 9/12/2024 and 09/12/2029
Promulgated Under: 119.03
Statutory Authority: 3772.03
Rule Amplifies: 3772.03, 3772.033
Prior Effective Dates: 05/19/2012, 12/22/2012, 05/25/2013, 06/01/2014, 04/29/2017, 07/27/2019
Effective: 7/27/2019
Five Year Review (FYR) Dates: 07/27/2024
Promulgated Under: 119.03
Statutory Authority: 3772.03
Rule Amplifies: 3772.03
Prior Effective Dates: 05/19/2012, 12/22/2012, 05/25/2013, 06/01/2014, 04/29/2017