Section 68IAC14-4-3. Primary, secondary, and reserve sets of chips

   (a) Each riverboat licensee shall have the following sets of chips:

(1) A primary set of value chips.

(2) A secondary set for all denominations of value chips. The secondary set of value chips shall consist of at least fifty percent (50%) of the quantity of value chips for each denomination.

(3) A primary set of nonvalue chips.

(4) A reserve set for all colors of nonvalue chips.

Each set of chips shall be approved by the executive director in accordance with section 2 of this rule and shall meet the specifications set forth in sections 4 and 5 of this rule.

  (b) The secondary set of value chips shall be placed into active play only when the primary set of value chips is removed from play. The reserve set of nonvalue chips shall be placed into active play only when the primary set of nonvalue chips is removed from play.

  (c) The primary set of value or nonvalue chips shall be removed from play if one (1) of the following occurs:

(1) The riverboat licensee determines that the riverboat gambling operation is receiving a significant number of counterfeit chips.

(2) The riverboat licensee discovers any impropriety or defect in the utilization of the primary set of chips that necessitates the removal of the primary chips.

(3) The executive director or the commission deems removal of the primary chips necessary to ensure compliance with the Act and this title.

  (d) If a primary set of chips is removed from active play, the riverboat licensee shall immediately notify a gaming agent. The riverboat licensee shall file a written report with the executive director within two (2) business days setting forth the following information:

(1) The date and time primary chips were removed from active play.

(2) The reason necessitating the removal of the primary chips from active play.

(3) Any other information deemed necessary by the executive director or the riverboat licensee to ensure compliance with the Act and this title.

(Indiana Gaming Commission; 68 IAC 14-4-3; filed Apr 19, 1996, 3:00 p.m.: 19 IR 2272; readopted filed Nov 25, 2002, 10:11 a.m.: 26 IR 1261; filed Dec 6, 2006, 2:52 p.m.: 20070103-IR-068060191FRA; filed Apr 25, 2012, 3:47 p.m.: 20120523-IR-068110275FRA)