Indiana Administrative Code
Title 68 - INDIANA GAMING COMMISSION
Article 11 - INTERNAL CONTROL PROCEDURES
Rule 4 - Opening and Closing Live Gaming Devices
Section 4-2 - Live gaming device inventory

Universal Citation: 68 IN Admin Code 4-2

Current through September 18, 2024

Authority: IC 4-33-4-1; IC 4-33-4-2; IC 4-33-4-3

Affected: IC 4-33

Sec. 2.

(a) In accordance with 68 IAC 11-1, the riverboat licensee shall submit internal control procedures covering:

(1) live gaming device inventory; and

(2) the opening and closing of a live gaming device.

(b) The live gaming device inventory of chips shall be maintained in a tray, which is covered with a transparent, locking lid when the live gaming device is closed. The opener shall be placed inside the transparent locking lid and the information on the opener shall be visible from the outside of the cover.

(c) The live gaming device inventory slip shall be a two-part form. On the original copy of the slip, the closer, and on the duplicate of the slip, the opener, the live gaming device inventory slip shall, at a minimum, include the following information:

(1) The name of the riverboat licensee.

(2) The date and time the inventory slip is generated.

(3) The shift and pit number.

(4) The live gaming device type and number.

(5) The denomination and total of all chips remaining at the live gaming device.

(6) The total dollar amount of all chips remaining at the live gaming device.

(7) The name, occupational license number, and signature of the individual generating the inventory slip.

(d) The riverboat licensee shall not accept chips from any other riverboat.

(e) Chips shall only be added or removed from the live gaming device inventory when one (1) or more of the following occurs:

(1) In exchange for cash, coupons, markers, or the equivalent presented by the player.

(2) For payment of winning wagers or collection of losing wagers made at the live gaming device.

(3) Through live gaming device fill and credit procedures.

(4) In exchange with players for gaming chips of equal value.

(f) The transfer or exchange of chips and currency between live gaming devices is prohibited.

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