Gaming Credit Line Repayment Control via Dynamic Settlement
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Solution Overview
Problem
Current systems for managing lines of credit in gaming establishments lack efficiency, as they often require automatic repayment from electronic gaming machines (EGMs), leading to unnecessary tension and burden on both players and the gaming establishment's credit system, and do not provide players with sufficient control over when and how to settle their line of credit balances.
Innovation Solution
A system that includes a processor and memory device to monitor line of credit settlement events, allowing players to designate how and when to repay outstanding balances, transferring funds from various gaming establishment accounts or external accounts to settle line of credit liabilities, and enabling manual control over line of credit repayment, reducing the need for automatic repayments from EGMs.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If automatic repayment from electronic gaming machines is implemented, then line of credit liability is settled, but player control over repayment timing and method is reduced
Solution Approach 1:
The system allows dynamic control of repayment timing and method. Players can choose when to settle their line of credit liability (at any time during the gaming session) and how to settle it (through manual payment, game win payouts, or automatic deduction when convenient). This dynamic approach gives players control while ensuring reliable settlement.
Solution Approach 2:
The system enables players to manage their own repayment through self-service mechanisms. Players can initiate repayment manually, and the system automatically processes it through their gaming account or machine credits. This eliminates the need for complex manual intervention while maintaining player autonomy over the timing and method of repayment.
2Reliability
If continuous line of credit reactivation and deactivation is required, then repayment is ensured, but operational efficiency is reduced
Solution Approach 1:
The system performs preliminary actions by establishing clear repayment terms and automated processing mechanisms before the gaming session begins. Players set their line of credit limits and repayment preferences in advance, and the system is pre-configured to automatically process repayments when conditions are met (such as when players cash out or win prizes), eliminating the need for continuous reactivation and deactivation during play.
Solution Approach 2:
The system maintains continuous operational efficiency by keeping the line of credit active throughout the gaming session without repeated reactivation and deactivation cycles. Repayment is processed continuously in the background through automated mechanisms, allowing players to gamble without interruption while ensuring repayment is handled smoothly and efficiently throughout the session.
3Ease of operation
If manual control over repayment is provided, then player convenience is improved, but system complexity increases
Solution Approach 1:
The system achieves multi-functionality by using a single integrated platform that handles multiple repayment methods and scenarios. The same gaming account and machine credit system can process manual payments, automatic deductions, game win payouts applied to debt, and various timing scenarios. This universal approach provides player convenience while avoiding the need for separate complex systems for each repayment method.
Data Source
AI summary
A system that operates to monitor for a line of credit settlement event and, responsive to an occurrence of such an event, pay off an amount of funds accessed from a gaming establishment credit system.