GAMING SYSTEM AND A METHOD OF GAMING
Gaming systems are disclosed that include a game implementer arranged to implement a game, an outcome determiner arranged to determine whether an outcome of the game corresponds to a winning outcome, and a prize allocator arranged to allocate a monetary prize to a player when a winning outcome is determined to exist. The example gaming system is arranged to maintain a record of the tax withholding amount (TWA) for a player based on player money in and player money out values for the player over a plurality of games. Corresponding methods are also disclosed.
1 . A gaming system comprising:
a game implementer arranged to implement a game;
an outcome determiner arranged to determine whether an outcome of the game corresponds to a winning outcome;
a prize allocator arranged to allocate a monetary prize to a player when a winning outcome is determined to exist;
the gaming system being arranged to maintain a record of the tax withholding amount (TWA) for a player based on player money in and player money out values for the player over a plurality of games.
2 . A gaming system as claimed in claim 1 , comprising a portable storage device associated with the player and a storage device read/write device, the portable storage device arranged to store the record of the tax withholding amount (TWA).
3 . A gaming system as claimed in claim 2 , wherein the portable storage device comprises a tax withholding card and the storage device read/write device comprises a card read/write device.
4 . A gaming system as claimed in claim 2 , wherein the portable storage device comprises a portable disk drive or a secure digital (SD) card.
4 . A gaming system as claimed in claim 1 , comprising a networked storage device arranged to store the record of the tax withholding amount (TWA).
5 . A gaming system as claimed in claim 1 , wherein the gaming system is arranged to store on the storage device information indicative of the current tax withholding rate (WR), the total player money input (PMI) into one or more gaming machines associated with the system, and/or the total player money output (PMO) from the one or more associated gaming machines.
6 . A gaming system as claimed in claim 5 , comprising at least one credit meter arranged to track the amount of credit input into a gaming machine by a player during a game session and remaining for game play, and the gaming system is arranged to calculate a current required tax withholding amount (CRWA) based on the amount of remaining credit recorded in the credit meter, the tax withholding rate (WR), the total player money in value (PMI) stored on storage device, and the total player money out value (PMO) stored on the storage device.
7 . A gaming system as claimed in claim 6 , wherein the gaming system is arranged to calculate a player surplus tax (PST) indicative of a tax withholding amount excess to the current required tax withholding amount (CRWA) and that can be during game play based on the tax withholding amount (TWA) and the current required tax withholding amount (CRWA), and to make the player surplus tax (PST) available to the player for game play.
8 . A gaming system as claimed in claim 1 , wherein the gaming system is arranged to modify the tax withholding amount (TWA) on the storage card at cash out.
9 . A gaming system as claimed in claim 1 , wherein the gaming system is implemented as a stand alone gaming machine or across a network.
10 . A method of gaming comprising:
implementing a game;
determining whether an outcome of the game corresponds to a winning outcome;
allocating a monetary prize to a player when a winning outcome is determined to exist; and
maintaining a record of the tax withholding amount (TWA) for a player based on player money in and player money out values for the player over a plurality of games.
11 . A method as claimed in claim 10 , comprising storing the record of the tax withholding amount (TWA) on a portable storage device associated with a player.
12 . A method as claimed in claim 11 , comprising storing the record of the tax withholding amount (TWA) on a tax withholding card.
13 . A method as claimed in claim 11 , comprising storing the record of the tax withholding amount (TWA) on a portable disk drive or a secure digital (SD) card.
14 . A method as claimed in claim 10 , comprising storing a record of the tax withholding amount (TWA) on a networked storage device.
15 . A method as claimed in claim 10 , comprising storing on the storage device information indicative of the current tax withholding rate (WR), the total player money input (PMI) into one or more gaming machines associated with the system, and/or the total player money output (PMO) from the one or more associated gaming machines.
16 . A method as claimed in claim 15 , comprising tracking the amount of credit input into a gaming machine by a player during a game session and remaining for game play, and calculating a current required tax withholding amount (CRWA) based on the amount of remaining credit recorded in the credit meter, the tax withholding rate (WR), the total player money in value (PMI) stored on storage device, and the total player money out value (PMO) stored on the storage device.
17 . A method as claimed in claim 16 , comprising calculating a player surplus tax (PST) indicative of a tax withholding amount excess to the current required tax withholding amount (CRWA) and that can be during game play based on the tax withholding amount (TWA) and the current required tax withholding amount (CRWA), and making the player surplus tax (PST) available to the player for game play.
18 . A method as claimed in claim 10 , comprising modifying the tax withholding amount (TWA) on the storage card at cash out.
19 . A tangible computer readable storage medium having computer readable program code embodied therein which, when executed, cause a computer to operate in accordance with a gaming system comprising:
a game implementer arranged to implement a game;
an outcome determiner arranged to determine whether an outcome of the game corresponds to a winning outcome;
a prize allocator arranged to allocate a monetary prize to a player when a winning outcome is determined to exist;
the gaming system being arranged to maintain a record of the tax withholding amount (TWA) for a player based on player money in and player money out values for the player over a plurality of games.
20 . A tangible computer readable storage medium having computer readable program code embodied therein which, when executed, cause a computer to implement a method comprising:
implementing a game;
determining whether an outcome of the game corresponds to a winning outcome;
allocating a monetary prize to a player when a winning outcome is determined to exist; and
maintaining a record of the tax withholding amount (TWA) for a player based on player money in and player money out values for the player over a plurality of games.