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PDFWAC 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. WSR 06-22-051 (Order 604), ยง 230-09-150, filed 10/27/06, effective 1/1/08.]
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