Patent of the Day

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Posts Tagged ‘gambling’

You Can’t Win If You Don’t Play

Posted by innovativeip on March 3, 2011

This week, I’m in Las Vegas for a conference, so what better subject matter for the Patent of the Day than a gambling-related patent?!  My selection is U.S. Patent no. 5,722,891, issued on March 3, 1998 to Eagle Co., Ltd., of Japan, for a Slot Machine with Two Distinct Sets of Wheels:

March 3, 1998, Dual-Wheel Slot Machine

This particular patent covers the operative scenario when a first “winning” result causes spinning of a “bonus” reel.  If you’ve ever played any slots, you know that any such bonus action adds to the excitement of your spin, creating a second level of “potential win” anticipation. 

This patent was successfully sold in 2003 to slot machine giant International Gaming Technology (IGT), along with a portfolio of others.  No doubt, the sale of the entire patent portfolio by Eagle Co. to IGT was huge jackpot, all spinning aside.  If you’d like to know more on that sale, it can be found at http://www.hotelinteractive.com/article.aspx?articleID=1852

If you’d like to read the entire patent and learn a bit more about slot machine mechanics, head over to http://www.innovativeip.us/ofinterest.html, where you can find all of the Patents of the Day.  Enjoy!

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Remote Live Gambling…Is That a Good Idea?

Posted by innovativeip on September 1, 2010

Today’s Patent of the Day is U.S. Patent no. 5,800,268, issued September 1, 1998 for a “Method of Participating in a Live Casino Game from a Remote Location.”

Today's Patent of the Day

Apparently, the idea is that you can link the casino directly to your bank account, and then participate and play by video monitor as if you are sitting at the blackjack table.  Convenient, yes, but I think I’ll stick the the traditional situation so that when my chips run out, I have to get up from the table and walk away to access more funds.  A direct line to the bank account seems just a little to easy…

What do you think?  You can view all of the “Patents of the Day” at www.innovative-ip.net.  Enjoy!

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