Preset amount electronic funds transfer system for gaming machin

Registers – Systems controlled by data bearing records – Credit or identification card systems

Patent

Rate now

  [ 0.00 ] – not rated yet Voters 0   Comments 0

Details

235381, 235375, 902 23, 364412, 273138A, G06K5/00

Patent

active

059029838

ABSTRACT:
A gaming machine includes apparatus necessary to send requests to and receive authorizations from an EFT system. All such requests for credit are limited to a preset amount, so that when a player uses an EFT transfer to obtain playing credit, that credit will be limited to no more than a specified amount. In practice, the player inserts his or her ATM card (debit card), keys in a PIN number, requests playing credit, and receives the preset amount of credit which can be converted to plays on the gaming machine.

REFERENCES:
patent: 4322612 (1982-03-01), Lange
patent: 4335809 (1982-06-01), Wain
patent: 4339798 (1982-07-01), Hedges et al.
patent: 4467424 (1984-08-01), Hedges et al.
patent: 4575622 (1986-03-01), Pellegrini
patent: 4594663 (1986-06-01), Nagata et al.
patent: 4636951 (1987-01-01), Harlick
patent: 4639889 (1987-01-01), Matsumoto et al.
patent: 4648600 (1987-03-01), Olliges
patent: 4652998 (1987-03-01), Koza et al.
patent: 5038022 (1991-08-01), Lucero
patent: 5326104 (1994-07-01), Pease et al.
patent: 5371345 (1994-12-01), LeStrange et al.
patent: 5457306 (1995-10-01), Lucero
patent: 5470079 (1995-11-01), LeStrange et al.
patent: 5557086 (1996-09-01), Schulze et al.
patent: 5559312 (1996-09-01), Lucero
patent: 5663547 (1997-09-01), Ziarno
"New Australian Gaming Complexes Usher in Era of Cashless Card-Based Watering", Card News, p. 3, Jun. 6, 1988.
Ringer, R., "Casino Machines to Accept Debit Cards", American Banker, vol. 148, p. 3, May 1983.
Dodwell, David, "Hong Kong Lends a Hand to Insatiable Gamblers", Financial Times, Friday, Apr. 8, 1988.
"Diebold Inc., Banking on an Industry's Needs for Security, Automation", Barron's/Investment News & Views, pp. 45-46, Feb. 8, 1988.
"Card News", Washington, D.C., vol. 3, No. 11, Jun. 6, 1988.
"Cashless system: The Gaming of Tomorrow", Gaming & Wagering Business, vol. 5, No. 10, Financial World, Jul. 25-Aug. 7, 1984.
"Arco Shifts to Pumping plastic gas", p. 101, Sacramento Bee, May 2, 1986.
Murphy, Marvin, "Debit Cards could give Arco edge in West Coast Marketing" Journal, The Oil Dailey, Mar. 20, 1986.
"Singapore Goes Cashless", EDP Weekly, Mar. 24, 1986.
Robert W. Mahoney, "Expanding ATM Networks Draw Consumers' Interest", Computer World, Nev. 26, 1984.
"Electronic Banking: Emphasis on Education", Supermarket News, pp. 46,. 48+1, May 7, 1984.
"ATMs Come to LIRR Platforms", Journal: NEWD, 1988. * Month missing.
"Florida's Point-of-Sale Networks Sets Pace", vol. 5, No. 34, p. 21, South Florida Business Journal, 1985. * Month missing.
"Players Club International Signs contract with Cashchek International Inc.", Journal PR Newswire, p. 25, Dec. 12, 1985.
"Camden County Installs Customer-Operated Charge-A-Bill System", May 13, 1987.
"Why Majors have the Cutting Edge in Proprietary Debit Cards", Journal: National Petroleum News, vol. 80, N. 12, p. 34, Nov. 1988.
Godwin, Lisa, "Legislation Takes Cash Out of Casinos", Las Vegas, Nevada, Apr. 2, 1985.
Pasquet, Trinda, "Gamers Hope Cashless Slots will be Winner", Nevada State JOurnal, Nevada, Oct. 11, 1985.
Mills, Ruth, "Slots that Take Credit Cards Latest Gambling Device", Sparks Tribune, Jul. 10, 1985.
Brumback, Nancy, "Foreign Retailers Experiment with Electronic Techniques", Retailing, p. 14, Jul. 11, 1988.
Janice F. Cerveny, "Electronic Funds Transfer (EFT) Systems", pp. 505-506. *Month and year missing.
Kirkman, Patrick, "The Electronic Funds Transfer Systems", Point-of Sale Transactions, pp. 149-170, 1987. *Month missing.
"Casinos Offered New Money Transfer System", Loose Change, Apr. 1985.
Beauchamp, Marc, "Spreading his Bets", Forbes, vol. 142, No. 11, ov. 14, 1988.
Hevener, Phil, "Gaming Gambit", Las Vegas, Nevada, Jun. 13, 1985.
"Plastic Losses", Newsweek, Sep. 23, 1991. *Author missing.
Waddell, Lynn, "Credit Card Gambling Likely Coins could become Obsolete", Las Vegas, Nevada, 1990. *Month missing.
Dye, Tom, "Cashless Casinos Considered", Las Vegas Review Journal, Jun. 3, 1990.
Heath, Sally, "Tabaret still waiting for main chance", Melbourne Press, Mar. 12/20, 1990.
"New one-armed bandits will accept credit cards", San Francisco Examiner. *Month, year, author missing.
"Cashless Casinos", Forbes, Apr. 29, 1985. *Author missing.
Paul Schreiber, "He'll Lay You 8-5 Cashless Bets Catch On", Newsday, Dec. 24, 1990.
Glover, Kara, "Southland Coinless Slot Machines Company Bets on $5 Million IPO", Los Angeles Business, Mar. 1, 1993.
"Request"internal cash network for Caesars Casinos; system literature, prior to 1996. *Month missing.
Crevelt, Dwight E. and Crevelt, Louise G., "Slot Machine Mania", Gollehon, Grand Rapids, MI, 1987. *Month missing.

LandOfFree

Say what you really think

Search LandOfFree.com for the USA inventors and patents. Rate them and share your experience with other people.

Rating

Preset amount electronic funds transfer system for gaming machin does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Preset amount electronic funds transfer system for gaming machin, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Preset amount electronic funds transfer system for gaming machin will most certainly appreciate the feedback.

Rate now

     

Profile ID: LFUS-PAI-O-246786

  Search
All data on this website is collected from public sources. Our data reflects the most accurate information available at the time of publication.