IP Library Granted Patent US 8,190,507
Granted Patent B2
US 8,190,507 · App. 12/375,367 · Granted May 29, 2012

Cash-out methods and systems yielding enhanced time-deferred value

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Quick Facts
Patent No.
US 8,190,507
App. No.
12/375,367
Granted
May 29, 2012
Kind
B2
Abstract

A method of exchanging assets within a wagering establishment computer-based marketplace layer including the acts of accessing a wagering establishment marketplace layer using a peripheral device, offering a first asset for exchange in the wagering establishment marketplace layer to all participants in the wagering establishment marketplace layer. The method also includes the acts of receiving an offer to exchange a second asset for the first asset from an anonymous one of the participants in the wagering establishment marketplace layer, accepting the offer to exchange the second asset for the first asset from the anonymous one of the participants in the wagering establishment marketplace layer, and transferring the first asset in exchange for the second asset.

Claims (16)

1. A method of exchanging assets within a wagering establishment computer-based marketplace layer, comprising:

establishing a first wagering layer account for a first participant, said establishing a first wagering layer account including verifying a first set of personal identification data for said first participant and assigning said first participant a first status score, said first status score being indicative of the quantity of data in said first set verified for said first participant, said first wagering layer account having a first anonymous participant ID;

accessing a wagering establishment marketplace layer using a peripheral device;

offering a first asset for exchange in said wagering establishment marketplace layer to all participants in said wagering establishment marketplace layer, said first asset being a non-gameplay related asset issued by said wagering establishment and associated with said first wagering account;

receiving an offer to exchange a second asset for said first asset from a second participant in said wagering establishment marketplace layer, said second participant having an established second wagering layer account including a second anonymous participant ID and a second status score indicative of a quantity of data in a second set of personal identification data verified for said second participant, said second asset being associated with said second wagering layer account;

displaying said second anonymous participant ID, said second status score, and said offer to exchange said second asset for said first asset;

accepting said offer to exchange said second asset for said first asset from said anonymous one of said participants in said wagering establishment marketplace layer; and

transferring said first asset in exchange for said second asset by transferring said first asset from said first wagering layer account to said second wagering layer account and transferring said second asset from said second wagering layer account to said first wagering layer account,

wherein said first set of personal identification data includes a greater quantity of personal identification data than said second set of personal identification data such that said second status score is indicative of a lower risk than said first status score, said first set of personal identification data including at least credit card information for said first participant, and said second set of personal identification data including at least credit card information and an email address for said second participant.

2. The method of claim 1 , wherein said peripheral device comprises at least one of a handheld gaming machine, an upright gaming machine, a kiosk, a handheld electronic device, and a computer.

3. The method of claim 1 , wherein said act of accessing comprises establishing a wireless communication link between a server providing access to said wagering establishment marketplace layer and said peripheral device.

4. The method of claim 1 , wherein said participants comprises at least one of another player, another person, a computer programmed to conduct trades, and a representative of said wagering establishment.

5. The method of claim 1 , wherein at least one of said acts of offering, accepting, and transferring is brokered by said wagering establishment.

6. The method of claim 5 , wherein said wagering establishment charges a fee for the act of brokering.

7. The method of claim 1 , wherein said first asset is received in association with a wagering activity.

8. The method of claim 1 , wherein said second asset comprises at least one of a monetary value, a comp, a game-related asset, an unrealized potential, and a non-game asset, said second asset being different than said first asset.

Assignments (11)
SECURITY AGREEMENT Recorded May 23, 2025
From: LNW GAMING, INC.
To: JPMORGAN CHASE BANK, N.A., AS COLLATERAL AGENT
Reel/Frame 071340/0404 →
CHANGE OF NAME Recorded Feb 7, 2023
From: SG GAMING, INC.
To: LNW GAMING, INC.
Reel/Frame 062669/0341 →
SECURITY AGREEMENT Recorded Apr 22, 2022
From: SG GAMING INC.
To: JPMORGAN CHASE BANK, N.A.
Reel/Frame 059793/0001 →
RELEASE OF SECURITY INTEREST Recorded Apr 21, 2022
From: BANK OF AMERICA, N.A.
To: SCIENTIFIC GAMES INTERNATIONAL, INC.; WMS GAMING INC.; BALLY GAMING, INC.; DON BEST SPORTS CORPORATION
Reel/Frame 059756/0397 →
CHANGE OF NAME Recorded Jan 20, 2020
From: BALLY GAMING, INC.
To: SG GAMING, INC.
Reel/Frame 051643/0283 →
RELEASE OF SECURITY INTEREST IN PATENTS (RELEASES REEL/FRAME 034530/0318) Recorded Nov 5, 2018
From: DEUTSCHE BANK TRUST COMPANY AMERICAS
To: SCIENTIFIC GAMES INTERNATIONAL, INC.; BALLY GAMING, INC.; WMS GAMING INC.
Reel/Frame 047924/0701 →
SECURITY AGREEMENT Recorded Apr 11, 2018
From: SCIENTIFIC GAMES INTERNATIONAL, INC.; BALLY GAMING, INC.
To: DEUTSCHE BANK TRUST COMPANY AMERICAS, AS COLLATERAL AGENT
Reel/Frame 045909/0513 →
SECURITY AGREEMENT Recorded Dec 15, 2017
From: SCIENTIFIC GAMES INTERNATIONAL, INC.; BALLY GAMING, INC.
To: DEUTSCHE BANK TRUST COMPANY AMERICAS, AS COLLATERAL AGENT
Reel/Frame 044889/0662 →
MERGER Recorded Jul 29, 2015
From: WMS GAMING INC.
To: BALLY GAMING, INC.
Reel/Frame 036225/0464 →
SECURITY AGREEMENT Recorded Dec 4, 2014
From: BALLY GAMING, INC; SCIENTIFIC GAMES INTERNATIONAL, INC; WMS GAMING INC.
To: DEUTSCHE BANK TRUST COMPANY AMERICAS, AS COLLATERAL AGENT
Reel/Frame 034530/0318 →
SECURITY AGREEMENT Recorded Dec 18, 2013
From: WMS GAMING INC.; SCIENTIFIC GAMES INTERNATIONAL, INC.
To: BANK OF AMERICA, N.A., AS COLLATERAL AGENT
Reel/Frame 031847/0110 →