Networked credit adjust meter for electronic gaming

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 6312333
SERIAL NO

09122437

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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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.

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Patent Owner(s)

Patent OwnerAddress
IGT A NEVADA CORPORATION9295 PROTOTYPE DRIVE RENO NV 89521-8986

International Classification(s)

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Acres, John F Corvallis, OR 343 23103

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