Section 68 IAC 16-1-9 - Front money depositsAuthority: IC 4-33-4; IC 4-35-4
Affected: IC 4-33; IC 4-35
Sec. 9.
(a) The casino licensee:(1) shall establish procedures in connection with front money and safekeeping deposits; and(2) must ensure that the applicable currency transaction reporting requirements will be enforced in accordance with applicable state and federal law and 68 IAC 15-2.(b) The following may be accepted from patrons for the purpose of customer deposits: (1) Cash or cash equivalent.(2) Value chips issued by the casino licensee.(c) The casino licensee shall do the following:(1) Require a credit file to be completed in accordance with section 5(a) of this rule prior to accepting a deposit or front money.(2) Document deposits or withdrawals on a voucher that is at least a two-part, prenumbered form. The casino cage cashier shall complete the voucher. The voucher shall include, at minimum, the following information:(A) Patron's name and signature.(B) Date of receipt or disbursement.(E) Casino cage cashier's signature.(3) Be liable, as an insurer, for the collection activities on the debt of a patron, whether the activities occur in the name of the casino licensee or a third party.(4) Provide to the executive director a monthly report detailing, at a minimum, the following: (B) Checks returned and held.(C) Collection activities taken.(D) Settlement of disputed items.(d) The following must be deposited not later than the business day after the day the checks are received:(4) Credit card advance checks.(6) Wire transfer service checks.Indiana Gaming Commission; 68 IAC 16-1-9; filed Jul 18, 1996, 8:55 a.m.: 19 IR 3314; 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 Dec 6, 2012, 2:32 p.m.: 20130102-IR-068110786FRAFiled 11/13/2015, 2:37 p.m.: 20151209-IR-068150113FRAReadopted filed 9/30/2021, 2:07 p.m.: 20211027-IR-068210351RFAReadopted filed 10/1/2024, 9:32 a.m.: 20241030-IR-068230797RFA