Virtual Marker Record Tracking for Gaming Credit Compliance
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Solution Overview
Problem
Existing gaming systems face challenges in complying with jurisdictional regulations and gaming establishment policies that require tracking the location of markers, particularly when using virtual markers, which are not physical and thus lack a tangible presence.
Innovation Solution
A system that tracks the location of electronic records associated with virtual markers in a database, assigning and updating these records to comply with regulatory requirements, ensuring that virtual markers are managed within the confines of legal and policy guidelines.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If virtual markers are used instead of physical markers, then security is enhanced by minimizing handling of cash and paper vouchers, but compliance with jurisdictional regulations requiring location tracking becomes difficult
Solution Approach 1:
The patent creates an electronic copy (electronic marker record) that replicates the essential information and functionality of a physical marker. This electronic record includes the marker amount, player identification, and location data, allowing the system to track virtual markers in the same manner as physical markers without requiring physical handling or storage infrastructure.
Solution Approach 2:
The patent replaces the mechanical/physical tracking system (physical markers that must be manually tracked and stored) with an electronic/digital system. The electronic marker records are stored in and accessed from electronic databases, eliminating the need for physical storage facilities and manual tracking procedures while maintaining regulatory compliance through digital location tracking.
2Adaptability or versatility
If physical markers are used to comply with location tracking regulations, then regulatory compliance is achieved, but security is reduced due to increased handling of cash and paper vouchers
Solution Approach 1:
The system creates electronic copies of marker information that contain all necessary regulatory tracking data (amount, player ID, location, timestamp). These electronic records satisfy regulatory requirements for location tracking without requiring physical marker issuance, thereby maintaining compliance while eliminating security risks associated with physical cash and voucher handling.
Solution Approach 2:
The patent substitutes the physical marker system with an electronic marker record system that interfaces with regulatory tracking requirements through digital means. The electronic database stores and retrieves marker location information in real-time, providing the same regulatory compliance function as physical tracking but with enhanced security by eliminating physical cash and voucher handling.
3Reliability
If electronic marker records are implemented in a database, then handling of physical markers is minimized improving security, but system complexity increases
Solution Approach 1:
The electronic marker record system serves multiple functions simultaneously: it tracks marker location for regulatory compliance, maintains security by eliminating physical handling, records transaction data for accounting purposes, and provides real-time monitoring capabilities. This multi-functionality consolidates what would otherwise require separate systems into a single integrated electronic database solution.
Solution Approach 2:
The electronic marker record system automatically performs tracking, updating, and retrieval operations without requiring manual physical handling. The database automatically maintains location records, updates marker status, and provides information to authorized users, reducing the need for manual intervention and associated procedural complexity while enhancing security through automated control.
Data Source
AI summary
Systems and methods that dynamically assign, responsive to different events occurring, the location of an electronic record associated with an amount of funds accessed from a gaming establishment credit system.