Tournament Overview

1.    Participation in the Palms $10,000 Weekly Blackjack Tournament (“Tournament”) is limited to: (i) invited Club Serrano guests and (ii) all other Club Serrano guests that buy-in during tournament hours on the day of a particular tournament (i.e. 11:00am to 3:00pm select Saturdays in March) (collectively, “Participants”).

2.    Invited participants must go to a Club Serrano kiosk and print their Tournament entry voucher before proceeding to the tournament area (casino floor, main lobby, Pit #4).

3.    All other Participants must purchase an entry for $100 (one hundred dollars) at the tournament area. All buy-ins must be paid in cash or live casino chips; no markers will be accepted. All Buy-In transactions are final, will not be refunded, are subject to identification requirements, and do not carry over from week to week.

4.    Invited and all other Participants may receive additional entries into the weekly Blackjack Tournament by purchasing a “re-buy” for $100 (one hundred dollars) during the tournament hours on the day of each tournament (i.e. 11:00 a.m. to 3:00 p.m. select Saturdays in March), subject to the requirements and cutoff time below. The lowest score will be dropped.

5.    All re-buys must be paid in cash or live casino chips; no markers will be accepted.

6.    Participants cannot register for more than 1 tournament round at any given time; if the Participant purchases a re-buy, they must return to the registration line (subject to the cutoff time below) to register for the additional round. All Participants must be in line by 3:05pm, on the day of each tournament, to participate in the weekly tournaments. Late entries will not be accepted.

• a.    If a player does not use their re-buy, it is forfeited at the end of the tournament. All re-buy transactions are final, will not be refunded, are subject to identification requirements, and do not carry over from week to week.

7.    Table assignments will be determined randomly by a Tournament representative when the guest arrives at the tournament area. Management will have the sole and absolute discretion to determine final table assignments.

8.    The Tournament consists of a maximum of (12) twelve hands of Blackjack. Unless otherwise modified by these rules, all standard Palms Casino Resort Blackjack rules apply.

9.    Participants may arrive at the Tournament area at any time during the published Tournament hours and play their twelve hands. Failure to arrive at the Tournament area and check-in with a Tournament representative during the published Tournament hours will eliminate the Participants from entry into the Tournament. No makeup rounds will be given.

10.    If a participant misses their table call time for any reason, they must go back to the end of the registration line and attempt to re-register (subject to the cutoff time above and any future remaining table(s)). Participants cannot join an active table once play has begun – no exceptions.

11.    Bankrolls, bet minimums, and bet maximums are as follows:

12.    Participants may also purchase a “Palms’ Card” for $100 (one hundred dollars) during their round of tournament play.

13.    All Palms’ Cards must be paid in cash or live casino chips; no markers will be accepted.

14.    A Palms’ Card is defined as the moment a participant chooses to discard one (1) of their current cards and replace it with another. When a Palms' Card is utilized, the participant must take the next card dealt (even if the next card presents to be a worse hand).

• a.    It can be used to replace one (1) of the first two (2) cards, but once action has been taken on the hand, the Palms’ Card can only replace the most recent “hit” card. The player can then continue to have action on the hand once the card has been replaced. The replacement card will be the next card in the “shoe”.

• b.    Palms’ Cards may only be used once per round.

• c.    If a player does not use their Palms’ Card, it is forfeited at the end of each round or when the player is eliminated. All Palms’ Card transactions are final, will not be refunded, are subject to identification requirements, and do not carry over from week to week.

• d.    Palms’ Cards can only be purchased once per round.

15.    A Participant’s final tournament score is determined by their chip count at the end of their twelfth hand. If two or more Participants have the same score after twelve hands, the tied Participants will equally split the sum total of the applicable prizes. For example, if three (3) Participants tie for 2nd place, they would equally split the 2nd, 3rd and 4th place prizes. The next highest score would receive the 5th place prize amount. Splits will be rounded up to the next $25 increment.

16.    Participants must have a score of at least 1 (one) to be eligible to receive a tournament prize. Tournament scores of 0 (zero) are not eligible for a prize. In the event there are less than 19 (nineteen) eligible scores, the remining prizes will not be awarded (i.e. 18 participants have a score of 1 or above all other participants have a score of 0. 1st - 18th Place will be awarded to the top 18 scores and 19th Place will not be awarded).

17.    Tournament Chips are non-negotiable, have no value, and may not leave the table.

18.    Tournament Chips may not be given to, received from, exchanged, borrowed, or loaned between Participants.

19.    All hands are dealt from a six (6) deck shoe. Palms Casino Resort standard six (6) deck blackjack rules apply, with the exception that surrender bets are not permitted. Blackjack is paid 3 to 2 only for the first two cards dealt for each hand. Payouts will be rounded down to the nearest $100.

20.    In the event a Participant is passed by after signaling that they wanted a hit card and the dealer’s hand has not been acted on, the dealer hits out all the remaining Participants’ hands and then returns to the missed Participant before acting on the dealer’s own hand.

21.    If cards are dealt out of order and no Participants have acted on their hands, all hands are dead, and all bets remain the same.

22.    If the dealer acts upon a handout of sequence, the dealer will finish out that Participant’s hand completely then go back to the marker and continue in the proper sequence.

23.    No cards will be backed up under any circumstances.

24.    Participants’ cards are dealt face up. Participants may not touch their cards and play only one (1) spot.

25.    All bets and decisions must be made in sequence beginning with the first (1st) hand.

26.    With the exception of insurance bets, all bets must follow the Bankroll Chart set forth in Rule 7.

27.    Dealers may only break down bets in order to pay out bets.

28.    Participants may not change, or touch bets placed in the betting circle.

29.    Participants are not required to declare bets to the dealer or other Participants.

30.    Participants must make bets in a timely manner. Tournament Officials reserve the right to intervene if they determine a Participant is impeding the progress of the Tournament. Tournament Officials may, at their discretion, impose a one (1) minute time limit for Participants to act. A Participant who fails to make a bet within the one (1) minute limit, if imposed, must place the minimum bet for the round and the dealer will proceed to the next Participant.

31.    If the dealer’s exposed card is an Ace, the dealer offers insurance. When the dealer calls for insurance, each Participant must, in their turn, clearly wave off with their hands if they do not want insurance or to make an insurance bet. A Participant’s decision to decline or take insurance is final. “Even money” declarations are prohibited. Participants holding a natural blackjack against the dealer’s Ace may make insurance bets for up to half the amount of their original wager, provided they have enough remaining chips in their bankroll. Partial insurance is allowed.

32.    Each Participant must give a hand signal to indicate the hand is complete. After a Participant gives the signal, the hand is final. Participants must make clear hand signals for all actions.

33.    Participants must play every hand to be eligible for the prize pool. When a Participant’s remaining bankroll amount drops below the minimum bet required for the next hand, the Participant is completely eliminated from the Tournament and prize pool.

34.    The official language of the Tournament is English. Conversing in any other language is not permitted unless translated through a member of the Tournament Staff.

35.    Friendly conversation is permitted but no coaching is allowed.

36.    Participants who violate any Tournament rule may be disqualified from Tournament play.

37.    Participants who voluntarily withdraw from the Tournament are disqualified from Tournament play.

38.    Participants may not use any written or mechanical aids, including calculators and handwritten tabulation of scores.

39.    The use of cellular phones, laptops, and tablets is prohibited at the Tournament tables.

40.    All disputes and suspected discrepancies should be brought to the attention of the Tournament Officials immediately. Disputes and suspected discrepancies shall be settled at the Tournament table before the next hand is dealt.

41.    Smoking is not permitted at the tables.

42.    All prizes shall be awarded in the form of a “Single Use” promotional chips voucher redeemable at the Palms Casino Cage. Promotional chips are valid only at Palms Casino Resort, have no cash value, and cannot be exchanged for gaming chips.

43.    Promotional chips are valid for 30 days and must be redeemed within that time. Prizes will only be awarded by Sponsor if and when eligibility requirements are confirmed, all forms are completed, applicable withholding obligations are satisfied, and other applicable requirements met.

44.    Promotional chips may be used for table games wagers and are restricted to even money bets. Promotional chips can only be wagered once; the dealer will collect the Promotional Chips immediately following the result of the wager regardless of whether the wager wins or loses.

45.    Palms Casino Resort does not endorse and will not enforce any agreements made between Participants concerning shared winnings. Participants may not enter into any such agreements at the table during Tournament play. Agreements to share winnings made between Participants are entered into solely by the Participants and Palms Casino Resort will not be responsible if any party does not honor the agreement.

46.    The Official Prize Structure is final and will be paid as published. The published Official Prize schedule cannot be modified.

47.    The Official Tournament Prize Structure is as follows:

GENERAL RULES

1.    Must be 21 years of age or older (with proof of age acceptable to Palms) to participate and must be a member in good standing of the Club Serrano program. Membership is free.

2.    Prizes are non-transferable and non-exchangeable.

3.    When applicable, winners must fill out a prize log, a prize agreement, and applicable tax form(s) (e.g. W-9, 1042-S, etc.) and provide a valid I.D. to claim a prize. The prize winners are solely responsible for all applicable, federal, state, and local taxes.

4.    Falsification of any information will result in ineligibility.

5.    Palms Casino Resort does not endorse any agreements concerning the sharing of winning made between Participants. Such agreements are entered into solely by the Participants and will not be enforced by Palms Casino Resort under any circumstances.

6.    Palms Casino Resort shall be excused from all performance and or payment obligations when the ability to execute the aforementioned promotion/giveaway/tournament has been impeded as a result of, or arising from, any of the following: governmental laws, regulations, orders, wars, acts of terrorism, acts of nature, pandemic viruses, riots, civil disobedience; sever weather conditions including but not limited to tornadoes, hurricanes, ice storms, snow storms, and/or hail storms; state of national emergencies (hereinafter referred to as “Force Majeure conditions”). Palms Casino Resort shall only be excused from their performance and/or payment obligations of said promotion/giveaway during the duration of the Force Majeure condition. Executive management of Palms Casino Resort shall retain the right to cancel, terminate, or postpone the Promotion/Giveaway/Tournament in its sole discretion, due to Force Majeure conditions. Executive management of Palms Casino Resort shall retain the option to reschedule the Promotion/Giveaway at its sole discretion but has no obligation to do so. The staff of Palms Casino Resort shall use reasonable efforts to inform Promotion/Giveaway Participants of the cancellation, termination, or postponement of any Promotion/Giveaway due to Force Majeure conditions.

7.    By participating in the Tournament, all participants agree to and acknowledge that they will abide by the official rules, regulations, and procedures of the Tournament. Official rules will be posted at the Club Serrano Rewards Center and Tournament area.

8.    Any violation of Tournament Rules may result in immediate disqualification of the Participant(s) involved. In the event of a dispute, the decision of the Tournament Committee will be final and binding.

9.    By participating in this Tournament, you grant Palms Casino Resort permission to print, publish, televise, or otherwise utilize your name, city, state, photograph, or any likeness of you for promotional purposes.

10.    Management on duty will resolve any and all disputes. Persons who violate any rule, gain unfair advantage in participating in the contest, or obtain winner status using fraudulent means will be disqualified.

11.    Persons who have been excluded from the property or who have requested a self-limitation of casino privileges at the property are not eligible to participate in the tournament.

12.    Employees, officers, directors, representatives and agents of FP Holdings, L.P. d/b/a Palms Casino Resort or any prize provider(s) and their respective parent companies, subsidiaries, and affiliates, including but not limited to Palm’s sister property Yaamava’ Resort & Casino, are not eligible to participate or win a prize, nor are members of these employees’ families (defined as parents, children, siblings, spouse, and life partners).

13.    Casino capacity is limited and participation in a promotion/event/tournament is not guaranteed if a member is unable to register during the times stated in the official rules. No special circumstances will warrant the delaying of a promotion/event/tournament to be able to accommodate individuals or groups of individuals.

14.    Management reserves the right to substitute prizes with a prize of equal value.

15.    Management reserves the right to cancel, change or modify the Tournament without notice at any time.

16.    The decisions of Management regarding all aspects of this Tournament are final and binding, subject to NRS 463.362 which governs the Tournament.

17.    Palms Casino Resort endorses responsible gaming. If you or someone you know has a problem with gaming responsibly, please call the 24-hour Problem Gaming Helpline at 1.800.GAMBLER or text 800GAM.

THIS TOURNAMENT IS SUBJECT TO NRS 463.362