New Mexico Administrative Code
Title 15 - GAMBLING AND LIQUOR CONTROL
Chapter 1 - GAMES AND GAMING GENERAL PROVISIONS
Part 12 - USE OF TOKENS UNDER THE GAMING CONTROL ACT
Section 15.1.12.9 - APPLICATION FOR APPROVAL OF TOKENS
Current through Register Vol. 35, No. 18, September 24, 2024
A. A gaming operator licensee may not issue, sell or redeem any token unless the board has issued written approval of the specifications of the token and of a sample of the token. A gaming operator licensee may not issue, sell or redeem any token that is a modification of a previously approved token unless the board has issued written approval of the modification.
B. Applications for approval of tokens and modifications to previously approved tokens must be made on forms provided or approved by the board. Only a gaming operator licensee or a licensed manufacturer may apply for such approval. The application must include:
C. If the board determines, in the board's discretion, that based on the information provided in the application the proposed token conforms with the requirements of this rule, the board will notify the applicant in writing. The applicant then must submit a sample of the proposed token in final manufactured form to the board. The applicant may be required to conduct a field test of the token in the gaming machine in which the token will be used. If the board determines that the manufactured sample conforms to the requirements of this rule and the information submitted in the application, the board will approve the token and notify the applicant in writing. The board may retain all samples of tokens.