Credit
29. (1) No operator of a gaming premises shall permit a player to play games of chance at the premises other than on a cash basis but the operator of a casino may provide credit to players in the casino in accordance with this section. (2) In this section, “countercheque” means a pre-printed instrument signed by a player in a casino that is endorsed “for deposit only” to a bank account of the operator of the casino; “credit” means an authorization to draw a countercheque to facilitate playing games of chance in a casino. (3) Before the operator of a casino approves a credit limit for a player, an employee employed in the credit department of the casino shall prepare a credit file for the player. (4) The credit file shall include a credit application form containing, (a) the player’s name, residential address and telephone number and the number of years the player has resided at that address; (b) if applicable, the player’s business address and telephone number; (c) if the player is employed, the name of the player’s employer, the number of years that the employer has employed the player, the business carried on by the employer and the player’s occupation; (d) if the player is self-employed, a statement that the player is self-employed, the number of years of self-employment and the business carried on by the player; (e) if the player is retired, a statement of that fact; (f) the name and address of the financial institutions at which the player has accounts and the numbers of those accounts; (g) the credit limit requested by the player and the sources of income and the value of assets reported in support of the request; (h) the name of each casino, in any jurisdiction, at which the player has a line of credit and its amount; (i) the approximate amount of all other outstanding indebtedness; and (j) the player’s signature acknowledging the following statement included at the bottom of the credit application form: “I certify that I have reviewed all of the information provided above and that it is true and accurate. I authorize (insert name of the operator of the casino) to conduct the investigations pertaining to the above information that it considers necessary for the approval of my credit limit.” (5) Before the operator of a casino approves a credit limit for a player, an employee employed in the credit department of the casino or a gaming key employee who is authorized under the casino’s internal control system that complies with section 24must be satisfied as to, (a) the player’s identity and residential address; (b) the player’s outstanding indebtedness; and (c) the player’s account numbers at financial institutions, the dates on which they were opened, the current balances, if available, and the average balances of the accounts over the preceding 12 months. (6) The employee shall record the name and title of the persons providing verification of the information mentioned in subsection (5). (7) No person, other than a gaming key employee who is employed in the credit department of the casino or who is authorized under the casino’s internal control system that complies with section 24, may approve a credit limit and any increases to it on behalf of the operator of the casino. (8) The operator of a casino shall submit the operator’s policies and procedures with respect to credit to the Registrar. (9) If a player reaches the approved credit limit and requests an increase, the operator may consider the request but shall not increase the player’s credit limit until at least 24 hours have elapsed since the player made the request. (10) A request for an increase in a credit limit shall be made in writing. (11) A player at a casino shall have no more than 30 banking days to repay money advanced on credit by the operator of the casino. (12) If a player does not repay the money advanced within 30 banking days, the operator of the casino shall immediately deposit the player’s countercheque. O. Reg. 385/99, s. 29. Games of Chance and Rules of Play