Section 230-09-150 - Operating a limited fund-raising event(1) Licensees must: (a) Require participants to purchase scrip with cash; and(b) Exchange scrip at gambling stations for chips; and(c) Allow only full and regular members to make cash transactions for scrip and maintain records during the FRE; and(d) Disclose the prizes offered. The costs of prizes must not exceed fair market value. The organization may advertise the prize to the participants at the retail value; and(e) Prevent the cost of all prizes from exceeding ten percent of the gross revenue of the event; and(f) Comply with all other FRE rules.(2) Licensees may allow unlimited wagering when using scrip and poker tournament chips.Wash. Admin. Code § 230-09-150
Statutory Authority: RCW 9.46.070. 06-22-051 (Order 604), § 230-09-150, filed 10/27/06, effective 1/1/08.