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.
RULE 1      GENERAL RULES AND REGULATIONS
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:
 (9)  	“Drop” means the total amount of money, chips, tickets, coupons, Mobile ATM Receipts and tokens removed from the drop boxes;
 (27.2)	“Table Games Mobile ATM” means a mobile payment processing device and service that allows ATM transactions at a table game.      
 (29)  	 “Wager” means a sum of money, electronic promotional credits or thing of value risked on an uncertain occurrence. Credit and debit cards cannot be used to place a wager in a limited gaming activityare not considered wagering instruments and cannot be used in conjunction with limited gaming.  Eff 11/30/2006  Rev eff 1/14/2012
(34)	“Mobile ATM Receipt” means a receipt generated by a Table Games Mobile ATM in exchange for an authorized debit or credit card transaction.  A Mobile ATM Receipt may be exchanged at a table game for physical or electronic chips.
(35)	“Tip Storage Device” means a tip storage device, commonly referred to as a toke tube, used for the purpose of temporarily securing chips received by dealers as tips. Use of a tip storage device, must be exclusively for temporarily holding said chips, prior to exchanging lower denomination chips for higher denomination chips to place into the lockbox.  The placement of tips into a tip storage device prior to exchanging shall be deemed to comply with C.R.S. 12.-47.1-820, as it applies to immediately dropping tips.