BASIS AND PURPOSE FOR RULE 1
The purpose of Rule 1 is to present definitions of various terms used throughout the rules of the Colorado Limited Gaming Control Commission so that the rules can be uniformly applied and understood. The statutory basis for Rule 1 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.
47.1-106    Definitions.
(6)	“Chip” means a nonmetal or partly metal representative of value, redeemable for 	cash, 	issued and/or sold by a licensee for use at gaming.
	a.Cashable chips are issued and/or sold by the licensee for gaming and are 			     redeemable for cash.
	b. Non-cashable chips are issued by the licensee for gaming and are not 			     redeemable for cash.

RULE 12 GAMING DEVICES AND EQUIPMENT
BASIS AND PURPOSE FOR RULE 12
The purpose of Rule 12 is to establish a procedure for the testing and approval by the Commission of gaming devices and equipment, to establish requirements for the gaming devices and equipment to be used in limited gaming in Colorado, and to establish procedures for the storage of gaming devices and equipment in compliance with section 12-47.1-302 (2), C.R.S. The statutory basis for Rule 12 is found in sections 12-47.1-201, C.R.S., 12-47.1-203, C.R.S., 12-47.1-302, C.R.S., and 12-47.1-806, C.R.S.

47.1-1213   Specifications for chips and token.  [Eff. 04/30/2009]
(1) 	Chips and tokens must be designed, manufactured, and constructed in compliance with 	all applicable statutes, rules, and policies of the United States, the State of Colorado, and 	other states to prevent counterfeiting of the chips or tokens. Chips and tokens must not 	resemble any current or past coinage or currency of the United States or any other 	nations. 
	In addition to other specifications that the Division may approve, the following must 	appear on the chip or token: 
(a) 	The name of the issuing establishment must be inscribed on both sides of a chip or metal token; 
(b) 	The name of the city in which the establishment is located must be inscribed on one side of the chip or metal token, with the exception of roulette chips; 
(c) 	The value of the chip or token must be inscribed on both sides of a chip or metal token; 
(d) 	A chip must be designed so that when stacked with chips and metal tokens of other denominations and viewed on closed-circuit black-and-white television, the denomination of the chip may be distinguished from that of the other chips and metal tokens in the stack. 
(2)	The following provisions shall apply only to tournament chips: 

(a) 	The design of the tournament chip shall be distinctively different than the design of the chips and tokens approved for non-tournament limited gaming use at the licensee’s gaming establishment.
(b) 	No tournament chip may display a word or symbol representing a monetary denomination ( e.g., “cents,” “dollar,” “$,” etc.). 
(c) 	Each side of each tournament chip must conspicuously display the inscription, “no cash value.” 
(d) 	The chip may, but need not, display a number, which represents the number of points or units of credit that the chip represents. If such a number is used, it must appear on both sides of the chip. 
(e) 	Tournament chips may not be used, and licensees shall not permit their use, in transactions other than the tournaments or promotions sponsored by the licensee. 

(3) 	If an approved table game requires the use of special chips or tokens, such chips and tokens shall have these specifications:
(a) 	The name of the retail licensee offering the game must be inscribed or printed on both sides of the chip or token. 
(b) 	The name of the game, or a logo representing the game, must be inscribed or printed on both sides of the chip or token. 
(c) 	The chip or token may, but need not, display a number which represents the value of the chip. If such a number is used, it must appear on both sides of the chip. 
(d) 	During field trial testing of a proposed variation table game, and for not longer than the first 30 days that a retail licensee offers play of an approved table game, game chips and tokens may be used without the inscriptions required by (3)(a), above. 
(e) 	Chips and tokens designed and approved for play of specific games may not be used, and licensees shall not permit their use, in play of any game other than the designated game. 
(4) 	Nonvalue roulette chips. 
(a) 	The design of nonvalue roulette chips shall be distinctively different than the design of the chips and tokens approved for any other limited gaming use at the licensee’s gaming establishment. 
(b) 	No roulette chip may display a word or symbol representing a monetary denomination.
 
(c) 	Each nonvalue chip utilized by a licensee shall be issued solely for the purpose of gaming at roulette. The nonvalue chip(s) at each roulette table shall include:
(i) 	The name of the issuing establishment inscribed on both sides of the chip; 
(ii) 	A design, insert or symbol, on both sides, differentiating it from the nonvalue chips being used at every other roulette table in the establishment; and 
(iii) 	The word “roulette” imprinted on both sides. 

(d) 	Nonvalue roulette chips issued at a roulette table shall only be used for gaming at that table in the licensee’s gaming establishment and shall not be used for gaming at any other table in the licensee’s gaming establishment. 

(e) 	No person at a roulette table shall be issued or permitted to game with nonvalue chips that are identical in color and design to value or nonvalue chips being used by another person at the same table. 

(f) 	Nonvalue chips shall only be presented for redemption at the table from which they were issued and shall not be redeemed or exchanged at any other location in the licensee’s gaming establishment. When so presented, the dealer at such table shall exchange them for an equivalent amount of value chips which may then be used by the patron in other gaming or redeemed as any other value chips.

(5)	Non-cashable chips. 

The design of non-cashable chips shall be distinctively different than the design of the chips and tokens approved for any other limited gaming use at the licensee’s gaming establishment.
a)	Non-cashable chips shall display a word or symbol representing value.

b)	Non-cashable chips are not redeemable for cash, must be wagered, and 	must be played until a win/loss decision.  The non-cashable chips shall 	include:

i.  The name of the issuing establishment inscribed on both sides of the chip;

ii.  A design, insert or symbol, on both sides, differentiating it from any
     other chips; and

iii. The word non-cashable imprinted on both sides of the chip.

c)	 Immediately following the win/loss decision the non-cashable chip must be
     	dropped in the table’s drop box.

d) 	All winning wagers made with non-cashable chips must be paid with cashable
     	chips; no winning wager may be paid with a non-cashable chip.

e) 	Non-cashable chips issued shall only be used for gaming at tables as stated 	in the house rules.

f)	Non-cashable chips represent a wager and will be paid according to the 	value on the chip and the odds of the table game type;

g)	Non-cashable chips will not be maintained in table trays as part of the 	inventory.

h)	Non-cashable chips cannot be accepted for a tip wager or as a tip.

i)	Non-cashable chips may not be used to buy in at any table game being used 	for tounament polay which requires the use of non value tournament chips.

j)	Non-cashable chips may not be used to buy in or make any wager at any 	player banked poker game.

47.1-1214   Specifications for the shape and size of chips 

Chips must be disk-shaped, must be .130 inch thick, and must have a diameter of between 1.53 and 1.57 inches.  Non-cashable chips must be a distinctive shape and size to be easily distinguishable form all other chips approved for any other gaming use and must have a diameter of between 1.65 and 1.75 inches.  Once a licensee adopts a size within this range and/or shape, it must not deviate from that size and/or shape unless approval is received by the Division.
47.1-1254    Progressive table games defined.
 (4)    	Each table on the link must have the same probability of hitting the combination that will award the progressive jackpot, and all tables on any link must be located on the licensed premises of one or more retail establishments.

RULE 16 ACCOUNTING REGULATIONS
BASIS AND PURPOSE FOR RULE 16
The purpose of Rule 16 is to establish accounting and internal control procedures for licensees which will include various report and statement requirements for reporting and paying gaming taxes and fees, records of ownership requirements, standard financial and audited financial statements, procedures for handling cash and meeting minimum bankroll requirements, adjusted gross proceeds computations, and record retention requirements. The statutory basis for these requirements is found in sections 12-47.1-102, C.R.S., 12-47.1-201, C.R.S., 12-47.1-203, C.R.S., 12-47.1-302, C.R.S., 12-47.1-602, C.R.S., and 12-47.1-806, C.R.S.

47.1-1615 Match play coupons. 

Match play coupons are allowed, but once used may not be retained for subsequent play by the gaming patron. Match play coupons do not apply to slot machines. When match play coupons are used at a table game, the value of the coupon must be reflected at its face value in the total drop amount for that table for that shift. The combination of the match play coupons and the required wager of the patron cannot exceed the value of $100. The patron must match the dollar value of the match play coupon. A match play coupon must have printed on it the name of the issuing establishment, the city in which the establishment is located, its value, and an explanation of its use. No coupon may be issued which authorizes payments greater than two-for-one to gaming patrons. Match play coupons are a wager, and shall be paid the specified odds payout for the wager being made. All coupons must have an expiration date printed on them. (47.1-1615 amended perm. 10/30/99)