BASIS AND PURPOSE FOR RULE 23 
The purpose of Rule 23 is to establish playing rules for craps and procedures for conducting craps games in compliance with section 12-47.1-302 (2). The statutory basis for rule 23 is found in sections 12-47.1-201, C.R.S., 12-47.1-203, C.R.S., and 12-47.1-302, C.R.S.
47.1-2314 Posting of rules.
Posted house rules and specific rules of conduct shall be clear and legible and placed in a conspicuous and conveniently accessible location available to all players in the room. Rules posted and the place of posting must be approved by the Director or designee. Printed copies of house rules and specific rules of conduct must be provided to players upon request. 
47.1-2315 Craps tournaments. 
(1)	Craps tournaments may be conducted by retail licensees. A tournament must conclude no later than four months following the first day of tournament play. If a tournament is to conclude on a date later than thirty-one days following the first day of tournament play, all prizes, including the cash equivalent of merchandise or other non-cash prizes, must be placed into escrow before the start of the tournament. 
(2)	A tournament which will produce adjusted gross proceeds may be conducted by only one licensee; no two or more licensees may jointly conduct such a single tournament. 
(a)	Two or more licensees may jointly conduct a tournament in which the value of all entry fees and buy-ins will be returned to the participants as prizes and will not result in taxable adjusted gross proceeds. 
(b)	If one tournament is conducted by two or more licensees, one of the licensees shall be designated as being responsible for the tournament, and shall alone have the duty to insure proper escrow of prizes, if required, and for the proper award of all prizes at the tournament's conclusion. This licensee shall also be responsible for completion and maintenance of all tournament accounting records which pertain to the tournament as a whole. 
(c)	Licensees participating in a tournament shall insure that no player is entered in the tournament more than once at any given time during the tournament. However, if permitted by the tournament rules, after a player has been eliminated from the tournament, the player may be allowed to re-enter the tournament as a new and separate entry. Any player found to have two or more concurrent, active entries in a tournament shall be disqualified from tournament play and shall not be eligible to receive any tournament prize. 
47.1-2316 Craps chips required. 
(1)	All wagers must be made with approved tournament chips provided by the licensee. Currency and coins must be exchanged for tournament chips prior to the start of play. No currency, coins, chips other than tournament chips, or other thing of value may be used as wagers. Tournament chips shall be non-negotiable, have no cash value, and shall represent tournament points only. There shall be no limitation on the size of a wager made with tournament chips. Tournament chips may never be redeemed for cash or for any other thing of value, except that the point total represented by the players' accumulations of tournament chips shall be used to determine the winners and/or final place in a tournament. 
(2)	If the tournament chips in play are not imprinted with a number representing the actual number of points which the chip represents, each tournament table must display a notice visible to all players which describes the currently assigned point value to each different color of chip. The point value assigned to each color of chip may change between rounds of tournament play, but the required notice must always reflect the current values.
47.1-2317 Proposals for variations.
(1) 	Upon written application to the Division, a retail licensee may request variations in other rules of craps. Any such variations shall be reviewed by the Division and shall be brought to the Commission for approval or denial. Any approval shall be made by the Commission through the promulgation of temporary and/or permanent rules and regulations.