Networked credit adjust meter for electronic gaming
US6312333A · kind A · utility
Assignee
Inventor
Key dates
| Filing date | Jul 24, 1998 |
| Grant date | Nov 6, 2001 |
| Priority date | — |
| Expiry date | Jul 24, 2018 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG07F17/3244
- WIPO fieldControl
- WIPO sectorInstruments
Abstract
A method for automatically awarding credits to a player on a gaming machine network adjusted for tax codes. The network comprises a plurality of gaming machines on which a primary game is played, a bonus server implementing the credit adjustment, and a database containing player information such as tax status, country of residence, tax rate, electronic signature, etc. Play is allowed to continue on the gaming machines and any bonus amount won on the machines are detected. If the bonus amount meets a preestablished threshold, currently set by IRS regulations as any award equal to or greater than $1200, then the gaming machine is locked up until the actual awarded amount can be determined. If the player record is complete and the proper tax amount is included, then the bonus award can be adjusted and a withholding calculated to yield a reduced award amount. An authorization signal is sent through the network to the gaming machine that credits the reduced amount to the games credit meter. The game is then unlocked and play can commence in the normal manner whereby the player can gamble with the winnings without reinserting any handpay into the machine.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.