N.J. Admin. Code § 13:69E-1.5

Current through Register Vol. 56, No. 24, December 18, 2024
Section 13:69E-1.5 - Non-value chips; permitted uses; inventory and impressment
(a) Each non-value chip shall be assigned to a particular gaming table and shall be issued and used for gaming at that table only. All non-value chips utilized at a particular gaming table shall have the same design, insert or symbol as required by this chapter. No casino licensee or any employee thereof shall allow any patron to remove a non-value chip from the gaming table at which it was issued. If a patron removes a non-value chip from the gaming table at which it was issued, the casino licensee may redeem such chip at the lowest denomination in use at the table.
(b) No patron at a gaming table shall be issued or permitted to game with non-value chips that are identical in color and design to any non-value chip issued to any other patron at the same table. When a patron purchases non-value chips, a non-value chip of the same color and design shall be placed in a slot or receptacle attached to the outer rim of the roulette wheel or, for pokette, in such other device as approved by the Division. At that time, a marker button denoting the value of a stack of 20 non-value chips of the same color and design shall be placed in the slot, receptacle or other device (for example, a marker button with "100" imprinted on it would be placed in the receptacle to designate that, during the patron's play on that occasion only, the non-value chips of that color and design are each worth $ 5.00).
(c) An impressment of the non-value chips assigned to each gaming table shall be completed at least once every 30 days. The casino licensee shall record the results of the impressment in the chip inventory ledger required pursuant to N.J.A.C. 13:69E-1.2 and shall perform the impressment as follows:
1. A casino department supervisor shall complete a "Non-Value Chip Impressment" form to record missing or excess chips and shall deliver the form and any excess chips to the main bank or chip bank;
2. Upon receipt of the "Non-Value Chip Impressment" form, a main bank cashier or chip bank cashier shall, if appropriate, immediately prepare any chips needed to impress the table; and
3. The casino department supervisor shall then, if applicable, deliver the non-value chips needed to restore the impress to the appropriate gaming table.
(d) The completed "Non-Value Chip Impressment" form shall be maintained by the accounting department and shall contain, at a minimum, the following:
1. The date and time of preparation;
2. The design schematic of the chip including its primary color and the applicable table number;
3. The signature of the casino department supervisor who completes the "Non-Value Chip Impressment" form and the impressment for such table; and
4. The signature of the main bank cashier or chip bank cashier who reviewed the form and, if necessary, prepared the chips to restore the impressment.
(e) Each casino licensee shall record in the chip inventory ledger required by 13:69E-1.2, a monthly summary of the non-value chip inventory for each gaming table. This monthly summary shall include, at a minimum, the following information for each non-value chip color and design:
1. The balance on hand at the beginning of the month;
2. The number of non-value chips distributed to the gaming table during the month;
3. The number of non-value chips returned to inventory during the month; and
4. The balance on hand at the end of the month.

N.J. Admin. Code § 13:69E-1.5