IP Library Patent Application 11406833
Patent Application
App. No. 11/406,833

Method and system for allocating revenue derived from use of GPS-equipped golf carts

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Quick Facts
Patent No.
US None
App. No.
11/406,833
Abstract

A method of allocating revenues attributable to rental and use of a golf course information system implemented in golf carts with local monitor adapted to display any or all information from among course and hole layout, course features, and distance to selected features of a hole in play, to assist a golfer in play of the golf course, and to display advertising, promotional messages and golf tips to enhance the golfing experience. The method includes steps of: renting an assigned golf cart implemented with the information system to a golfer for commencing a round of play on the course; and automatically allocating all revenues applicable to the golfer's use of the information system on the assigned cart during a round of play on the course, commensurate with a predetermined agreement among the golf course and its cart supplier, and contemporaneously with renting the cart to the golfer.

Claims (18)

1 . A method for administering use of a golf course information system implemented in golf carts with local monitor adapted to display any or all information from among course and hole layout, course features, and distance to selected features of a hole in play, to assist a golfer in play of the golf course, and to display advertising, promotional messages and golf tips to enhance the golfing experience, said method comprising the steps of:

assigning a golf cart implemented with said information system to a golfer on commencing a round of play on the course; and

automatically allocating revenue, from a fee for the golfer's rental of the assigned cart and use of the information system thereof during play of the course, among the golf course and the cart supplier to the golf course according to a predetermined revenue sharing arrangement, contemporaneously with assigning the golf cart to the golfer.

2 . The method of claim 1 , including the step of mandating the golfer's use of the golf cart in play of the golf course by administration of the golf course.

3 . The method of claim 1 , including the step of giving the golfer the option to use a golf cart implemented with said golf course information system in play of the golf course and performing the automatic allocation of revenue upon the golfer's exercise of said option.

4 . The method of claim 1 , including the step of giving the golfer the option to use a golf cart implemented with said golf course information system for a gratis trial period at the commencement of a round of play of the golf course, and performing the automatic allocation of revenue upon the golfer's continued use of the information system beyond said gratis trial period and authorization of payment for such use by the end of the trial period.

5 . The method of claim 1 , including the step of automatically allocating revenue for advertising displayed on said local monitor of the golf cart during use of the cart in a round of play, according to said predetermined revenue sharing arrangement, contemporaneously with assigning the golf cart to the golfer.

6 . The method of claim 1 , wherein the cart supplier to which said revenue allocation is made includes a distributor of the golf carts to the golf course.

7 . The method of claim 1 , wherein the cart supplier to which said revenue allocation is made includes a lessor of the golf carts to the golf course.

8 . A method for administering use of a golf course information system implemented in golf carts with local monitor adapted to display any or all information from among course and hole layout, course features, and distance to selected features of a hole in play, to assist a golfer in play of the golf course, and to display advertising, promotional messages and golf tips to enhance the golfing experience, said method comprising the steps of:

renting a golf cart implemented with said information system to a golfer prior to commencing a round of play on the course; and

automatically allocating cart rental and monitor-displayed advertising revenues applicable to use of the information system of the golf cart for a round of play by the golfer, among the golf course and the cart supplier contemporaneously with assigning the golf cart to the golfer.

9 . A method of allocating revenues attributable to rental and use of a golf course information system implemented in golf carts with local monitor adapted to display any or all information from among course and hole layout, course features, and distance to selected features of a hole in play, to assist a golfer in play of the golf course, and to display advertising, promotional messages and golf tips to enhance the golfing experience, said method comprising the steps of:

renting a golf cart implemented with said information system to a golfer for commencing a round of play on the course; and

automatically allocating all revenues applicable to use of the information system on the golf cart during a round of play on the course, commensurate with a predetermined agreement among the golf course and its cart supplier, and contemporaneously with renting the golf cart to the golfer.

10 . A system for allocating revenues attributable to rental and use of a golf course information system implemented in golf carts with local monitor adapted to display any or all information of said system to assist a golfer in play of the golf course, said system comprising:

a golf cart processing point in proximity to tee boxes of the first hole of the golf course at which golf carts implemented with said information system are assigned to golfers for commencing a round of play on the course; and

calculating means positioned at least in part at said processing point for automatically allocating all revenues from golfers for their respective use of the information system on the golf carts during a round of play on the course, according to a revenue sharing agreement between the golf course and its cart supplier, contemporaneous with revenue collection from the golfers upon making the golf cart assignments.

Assignments (10)
RELEASE OF SECURITY INTEREST Recorded Nov 1, 2017
From: FORTRESS CREDIT CO LLC
To: GPS INDUSTRIES, LLC
Reel/Frame 044009/0169 →
SECURITY INTEREST Recorded Jul 21, 2015
From: GPS INDUSTRIES, LLC
To: FORTRESS CREDIT CO LLC
Reel/Frame 036142/0183 →
RELEASE OF SECURITY INTEREST Recorded Jul 9, 2015
From: LV ADMINISTRATIVE SERVICES, INC.
To: GPS INDUSTRIES, LLC
Reel/Frame 036043/0543 →
SECURITY INTEREST Recorded Nov 6, 2009
From: GPS INDUSTRIES, LLC
To: LV ADMINISTRATIVE SERVICES, INC.
Reel/Frame 023498/0933 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Nov 5, 2009
From: PROLINK SYSTEMS, INC.
To: GPS INDUSTRIES, LLC
Reel/Frame 023471/0640 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Aug 6, 2009
From: PROLINK HOLDINGS CORP.; PROLINK SOLUTIONS, LLC
To: PROLINK SYSTEMS, INC.
Reel/Frame 023065/0019 →
GRANT OF SECURITY INTEREST Recorded Apr 17, 2008
From: PROLINK SOLUTIONS, LLC; PROLINK HOLDINGS CORP.
To: CALLIOPE CAPITAL CORPORATION
Reel/Frame 020808/0935 →
INTELLECTUAL PROPERTY SECURITY AGREEMENT Recorded Apr 11, 2008
From: PROLINK HOLDINGS CORP., A DELAWARE CORPORATION; PROLINK SOLUTIONS, LLC, A DELAWARE LIMITED LIABILITY COMPANY
To: LV ADMINISTRATIVE SERVICES, INC.
Reel/Frame 020783/0562 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Sep 21, 2007
From: BAIN, LAWRENCE
To: PROLINK SOLUTIONS, LLC
Reel/Frame 019861/0368 →
INTELLECTUAL PROPERTY SECURITY AGREEMENT Recorded Aug 23, 2007
From: PROLINK SOLUTIONS, LLC; PROLINK HOLDINGS CORP.
To: CALLIOPE CAPITAL CORPORATION
Reel/Frame 019733/0517 →