Game Play Credits Law and Legal Definition

The term Game play credits refers to a value obtained from the exchange of cash or cash equivalents in an electronic gaming. It can also be earned as a prize in connection with gaming. Game play credits may be trade in for cash or cash equivalent.

The following is an example of a state statute (Oklahoma) defining the term game play credits :

According to 3A Okl. St. § 269 (9) "Game play credits" means a method of representing value obtained from the exchange of cash or cash equivalents, or earned as a prize, in connection with electronic gaming. Game play credits may be redeemed for cash or a cash equivalent.