BASIS AND PURPOSE FOR RULE 1 

The purpose of Rule 1 is to present definitions of various terms used throughout the rules of the Colorado Limited Gaming Control Commission so that the rules can be uniformly applied and understood. The statutory basis for Rule 1 is found in sections 12-47.1-201, C.R.S., 12-47.1-203, C.R.S., and 12-47.1-302, C.R.S.
47.1-106 Definitions. 
The following definitions of terms, in addition to those set forth in section 12-47.1-103, C.R.S., shall apply to all rules and regulations promulgated pursuant to article 47.1 of title 12, of the Colorado Revised Statutes: 

(31)	 “Electronic Chips” means an electronic facsimile of chip representative of value, redeemable for cash, issued and sold by a licensee when using electronic betting terminals (EBTs). 
(32)	 “Electronic Dice” means an electronic facsimile of small cubes, each with a different number of spots (1-6) on each side in games of chance to generate random numbers when using electronic betting terminals. 
(33)	 “Electronic betting terminal”  or EBT means an electronic betting terminal or interface used on a table game that allows a patron to exchange cash for electronic chips, and make wagers utilizing those electronic chips.