U.S. patents available from 1976 to present.
U.S. patent applications available from 2005 to present.

Cashless gaming apparatus and method

Patent 5265874 Issued on November 30, 1993. Estimated Expiration Date: Icon_subject January 31, 2012. Estimated Expiration Date is calculated based on simple USPTO term provisions. It does not account for terminal disclaimers, term adjustments, failure to pay maintenance fees, or other factors which might affect the term of a patent.

Patent References

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Patent #: 5007641
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Apparatus and method for providing credit for operating a gaming machine
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Gaming method
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Issued on: 01/14/1992
Inventor: Seidman

More ...

Inventors

Assignee

Application

No. 829097 filed on 01/31/1992

US Classes:

463/25, Credit/debit monitoring or manipulation (e.g., game entry, betting, prize level, etc.)463/29, Access or authorization (e.g., game selection, security, etc.)463/42, Network type (e.g., computer network, etc.)902/23FOR ENTERTAINMENT, AMUSEMENT, OR GAMBLING

Examiners

Primary: Grieb, William H.

Attorney, Agent or Firm

International Class

A63F 009/00

Abstract

A cashless gaming apparatus and method suitable for casinos. A player hands over money and an ID card to a clerk at a validation terminal. The clerk stores the ID number and the amount of money in the memory of the validation terminal. Then the clerk returns the ID card to the player for operating any one of a number of game terminals. The player then selects a game terminal which reads the player's ID card, whereupon the cash amount from the validation terminal is downloaded to the selected game terminal and the game terminal can then be played. If the player wishes to play another game terminal, the player actuates a cashout switch on the current terminal. The player then moves to another game terminal and the player's ID card is read into the second game terminal, whereupon the money remaining as a cash amount is downloaded to the second game terminal. The player can then play the second game terminal. When the player wishes to stop play of the game terminals completely, the player actuates the cashout switch of the last game terminal played. The player presents his ID card to the clerk at the validation terminal and the validation terminal reads the ID card. A ticket showing the card number and the cash amount is printed and the player is paid the cash amount on the spot. The printed ticket is then used for reconciliation.

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