W. Va. Code R. § 179-4-86

Current through Register Vol. XLI, No. 36, September 6, 2024

Section 179-4-86 - Destruction of Counterfeit Chips and Tokens

86.1. The following provisions apply to the destruction of counterfeit chips and tokens:

86.1.a. The limited gaming facility licensee shall notify the Commission and the Director, by telephone and also in writing, immediately upon the discovery of a counterfeit chip or chips or token or tokens that results in a loss of more than $1,000.00 to the licensee;

86.1.b. The Commission may take possession of the counterfeit chips or tokens; and

86.1.c. The Commission shall determine the disposition of any counterfeit chip or token, including, but not limited to, destruction of a counterfeit chip or token, in accordance with this rule.

86.2. The following provisions apply to the destruction of counterfeit chips and tokens:

86.2.a. Unless the Commission or a law enforcement officer instructs in writing, or a court of competent jurisdiction orders otherwise in a particular case, the limited gaming facility licensee shall destroy or otherwise dispose of counterfeit chips and tokens discovered in the casino in a manner approved by the Commission;

86.2.b. The limited gaming facility licensee shall notify the Commission, in writing, not less than 30 days before counterfeit chips or tokens are destroyed. The limited gaming facility licensee shall notify the Commission of all of the following information:

86.2.b.1. The number and denominations, actual and purported, of the coins and counterfeit chips and tokens destroyed or otherwise disposed of under this rule;

86.2.b.2. The date on which the coins and counterfeit chips and tokens were discovered;

86.2.b.3. The date, place, and method of destruction or other disposition, including, in the case of foreign coin exchanges, the exchange rate and the identity of the bank, exchange company, or other business or person at which, or with whom, the coins are exchanged;

86.2.b.4. The names of the occupational licensees carrying out the destruction or other disposition on behalf of the limited gaming facility licensee; and

86.2.b.5. Other information considered necessary by the Commission to ensure compliance with the Act and this rule.

86.3. Unless otherwise approved by the Commission, not less than two people, one of whom is an agent of the West Virginia Lottery, shall be present when the counterfeit chips or tokens are destroyed.

W. Va. Code R. § 179-4-86