13 Miss. Code. R. 7-7.1 - Cash and Chip
(a). All games
shall be conducted only with the use of chips or approved tokens or other
instrumentalities which have been approved by the Executive Director, or with
lawful currency or coinage of the United States of America. All table game
payout by licensees shall be made in the form of chips, approved tokens, and/or
coinage only. Each employee in gaming operations, owner or licensee who
receives currency of the United States (other than tips or gratuities) from a
patron in the gaming area of a gaming establishment must promptly place the
currency in the locked box in the table or, in the case of a cashier, in the
appropriate place in the cashiers' cage. For those games which do not have a
locked box, the cash or chips shall be placed in an appropriate place on the
table, in the cash register or other repository which has been approved by the
Executive Director.
(b). No
employee, licensee or owner of any gaming establishment may cash for another
person the chips of that gaming establishment without immediately returning to
the patron the cash, IOU, check, or marker redeemed with the chips.
(c). All chips shall be the standard colors
commonly accepted for each denomination within the industry. Those colors are:
One dollar ($1.00), white; five dollar ($5.00), red; twenty-five ($25.00),
green; one hundred dollars ($100.00), black; and five hundred dollar ($500.00)
chips will be purple.
(d). All tips
and gratuities in denominations of $5.00 or greater shall be immediately
deposited into a locked box reserved for that purpose that is attached to the
gaming table, change cart, change belt, wall or other object, as approved by
the Commission. Tips and gratuities in denominations less than $5.00 may be
maintained next to the tip and gratuity locked box until the time when the sum
of the tips and gratuities is equal to $5.00. At which point the tips and
gratuities will be converted to $5.00 denomination and immediately deposited
into the locked box reserved for that purpose. If non-value chips are received
as a gratuity, a supervisor shall witness the immediate conversion of non-value
chips to value chips. (Adopted: 04/21/1994; Readopted: 04/29/1995; Amended:
06/15/2006.)
Notes
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