Section 68IAC14-4-4. Specifications for and denominations of value chips  


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  •    (a) All value chips utilized and issued by a riverboat licensee must meet the following specifications or requirements:

    (1) Must be round in shape.

    (2) Must have clearly and permanently impressed, engraved, imprinted, or inlaid in the center of the chip the following:

    (A) The name of the riverboat licensee.

    (B) The location of the riverboat.

    (C) The name or a distinctive mark that identifies the manufacturer of the chip. The name of the manufacturer or the distinctive mark may be invisible to the naked eye.

    (3) Must clearly state the face value of the chip.

    (4) Each denomination of value chip shall possess the following characteristics:

    (A) Have its center portion of a different size, shape, or design from each other denomination.

    (B) Be designed so that the specific denomination of each value chip can be determined when placed in a stack of value chips of various denominations when viewed on a closed circuit black and white television.

    (C) Be designed, manufactured, and constructed in a manner not conducive to the counterfeiting of value chips.

    (5) Each denomination shall have a primary color different from other denominations of value chips. Value chips may be issued in the following denominations and primary colors:

    (A) Fifty cents ($0.50), mustard yellow.

    (B) One dollar ($1), white.

    (C) Two dollars and fifty cents ($2.50), pink.

    (D) Five dollars ($5), red.

    (E) Twenty dollars ($20), yellow.

    (F) Twenty-five dollars ($25), green.

    (G) One hundred dollars ($100), black.

    (H) Five hundred dollars ($500), purple.

    (I) One thousand dollars ($1,000), fire orange.

    (J) Five thousand dollars ($5,000), gray.

    Value chips shall fall within the appropriate primary colors when viewed both in daylight and under incandescent light. In conjunction with the appropriate primary colors, the riverboat licensee shall utilize contrasting secondary colors for the edge spots of each denomination of value chip. No riverboat licensee shall use a secondary color on a specific denomination of a chip that is identical to the secondary color used on the same denomination of chip by another riverboat licensee.

    (6) Denominations of value chips that are one thousand dollars ($1,000) or higher must be physically larger than value chips of smaller denominations.

    (7) The riverboat licensee shall use a secondary color different from that used on the primary value chip for the secondary set of value chips.

      (b) Riverboat licensees or riverboat license applicant shall determine the denomination and the amount of each denomination of its value chips. (Indiana Gaming Commission; 68 IAC 14-4-4; filed Apr 19, 1996, 3:00 p.m.: 19 IR 2272; readopted filed Nov 25, 2002, 10:11 a.m.: 26 IR 1261; readopted filed Nov 14, 2008, 12:51 p.m.: 20081210-IR-068080730RFA; filed Apr 25, 2012, 3:47 p.m.: 20120523-IR-068110275FRA)