System and method for using time-sensitive tickets as player...

Amusement devices: games – Including means for processing electronic data – Credit/debit monitoring or manipulation

Reexamination Certificate

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Details

C463S042000, C705S014270, C705S017000, C705S005000, C235S375000, C235S381000

Reexamination Certificate

active

07137889

ABSTRACT:
A new system and method for use in dynamic gaming environments such as Nevada-style casinos and Amerindian casinos is presented that enables using time-sensitive tickets as prizes. Block of tickets for a future event are allocated to a casino, which constitutes a “found” market (the ticket seller expends no funds for the tickets sold to the casino). This block may also be sold through normal reseller channels; the allocated block acts as a cap to the number of tickets potentially channeled through a casino rather than being a casino exclusive. This enables the casino to purchase the tickets at a steeper discount rates than is otherwise possible, and by associating tickets with payout events on games or progressives (instead of cash awards), enables time-sensitive tickets to be awarded as prizes on an on-going basis.

REFERENCES:
patent: 4953895 (1990-09-01), Goussios
patent: 5823874 (1998-10-01), Adams
patent: 5983196 (1999-11-01), Wendkos
patent: 6049778 (2000-04-01), Walker et al.
patent: 6061660 (2000-05-01), Eggleston et al.
patent: 6609970 (2003-08-01), Luciano, Jr.
patent: 6875107 (2005-04-01), Luciano, Jr.

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