Universal Payment System for Casino Interoperability
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Solution Overview
Problem
Existing casino payment systems are fragmented and proprietary, requiring users to manage multiple cashless gaming accounts across different casino properties, leading to inefficiencies and computational waste, and lack interoperability for seamless fund transfers and responsible gaming data sharing.
Innovation Solution
A universal payment system (UPS) utilizing an immutable central ledger (CL) to track transactions across multiple venues, enabling virtual fund transfers without actual fund movements, integrating incompatible CMSs, and managing user accounts with global player management for responsible gaming compliance.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Adaptability or versatility
If users manage multiple cashless gaming accounts across different casino properties, then interoperability between gaming ecosystems is achieved, but system complexity and computational burden increase
Solution Approach 1:
The patent combines multiple proprietary payment systems into a single universal payment system that operates across different casino properties. The universal payment system consolidates account management, transaction processing, and fund transfers into one unified platform, eliminating the need for users to manage separate cashless gaming accounts at each property while reducing overall system complexity through centralization.
Solution Approach 2:
The universal payment system is designed to perform multiple functions across different gaming ecosystems simultaneously. It provides account management, fund transfers, transaction processing, and responsible gaming data sharing in a single system that is compatible with various casino management systems, thereby achieving interoperability without requiring users to adapt to multiple separate systems.
2Reliability
If actual fund movements are performed for each transaction across venues, then transaction accuracy is ensured, but computational waste and processing time increase
Solution Approach 1:
The universal payment system creates virtual copies of fund transfers through ledger entries rather than moving actual funds for each transaction. When a user transfers funds between venues, the system records the transaction in a distributed ledger, creating a digital representation of the fund movement without physically transferring cash or electronic funds. This copying mechanism ensures transaction accuracy through immutable ledger records while eliminating the computational burden and time associated with actual fund movements.
Solution Approach 2:
The distributed ledger acts as an intermediary between transaction parties, mediating fund transfers by recording and verifying transactions without requiring direct fund movement. The ledger validates and stores transaction data, ensuring accuracy through its immutable structure, while the universal payment system orchestrates the process, separating the verification function from the actual fund transfer to improve processing efficiency.
3Reliability
If proprietary payment systems are used at each casino property, then system reliability is maintained, but interoperability and user convenience deteriorate
Solution Approach 1:
The universal payment system is segmented into modular components that can interface with different casino management systems while maintaining a unified user experience. Each casino property's payment system is segmented as an independent node in the universal system, allowing local reliability to be maintained while enabling cross-property interoperability. Users interact with a single universal account system rather than multiple proprietary systems, improving convenience without sacrificing the reliability of individual property systems.
4Stability of the object's composition
If multiple separate payment systems operate independently, then system stability is maintained, but data sharing for responsible gaming compliance becomes difficult
Solution Approach 1:
The universal payment system merges data collection and sharing capabilities across multiple casino properties into a centralized framework. While individual casino systems maintain their operational stability and data security, the universal system consolidates responsible gaming data from all participating properties, enabling comprehensive data sharing and analysis for compliance purposes without disrupting the stability of individual system operations.
Data Source
AI summary
A system is provided. The system may include a memory device and a processor configured to (1) determine a session has been established by a user at a gaming device associated with a CMS; (2) receive a transaction request associated with a gaming device, the transaction request identifying a transaction amount; (3) in response to determining the session has been established and receiving the transaction request, transmit instructions to cause an immutable CL to record a virtual transfer of funds record equal to the transaction amount from a virtual user account associated with the user to a venue virtual account; and (4) transmit instructions to a venue system to cause the CMS to initiate a transfer of the transaction amount from the venue gaming account to a credit balance of the gaming device.