WAC 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.



[Statutory Authority: RCW 9.46.070. 06-22-051 (Order 604), § 230-09-150, filed 10/27/06, effective 1/1/08.]