Patents Assigned to Automated Currency Instruments, Inc.
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Patent number: 8845416Abstract: A method and system for administering and managing promotional gaming vouchers and segregating promotional credits from normal play credit includes a plurality of gaming machines coupled to a back-end controller for monitoring play on the gaming machines and segregating cash and promotional credits of a plurality of promotional gaming vouchers. The vouchers may have only one embedded value (total value) and may be treated as any other cashless gaming voucher, thereby allowing use in older gaming machines that may be unable to read vouchers having more than one embedded value (i.e., cash and promotional values). Accordingly, the back-end controller may keep track of promotional plays and update a voucher database that logs total values and promotional values of the vouchers. Upon cashing out, the database may be interrogated and only a cash value of the voucher disbursed, where any remaining promotional value may be printed on a new voucher.Type: GrantFiled: September 4, 2007Date of Patent: September 30, 2014Assignee: Automated Currency Instruments, Inc.Inventor: Andrew J. Schwartz
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Publication number: 20120295682Abstract: The present disclosure describes exemplary systems and methods for using gaming scrips in a gaming environment. The gaming scrips have pre-printed face values and machine-readable unique identifiers located thereon, and are loaded into any of various currency-handling devices. The gaming scrips may be activated either before being loaded into a currency-handling device or at the time of dispensing therefrom. Once validated in the gaming environment, the gaming scrips may be collected, sorted, reactivated, and reused in the gaming environment.Type: ApplicationFiled: January 14, 2011Publication date: November 22, 2012Applicant: AUTOMATED CURRENCY INSTRUMENTS, INC.Inventor: Andrew J. Schwartz
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Publication number: 20120088570Abstract: In one embodiment, a system and method for processing a marker transaction by a customer of a gaming establishment via a kiosk. The customer has a marker account prior to initiating the marker transaction at the kiosk. The kiosk is adapted to communicate with (i) a marker account system to process the transaction and (ii) a gaming media system for marker payouts in the form a gaming media, such as gaming scrips. By providing the customer with gaming scrips having no intrinsic value, the gaming establishment at most assumes a deferred risk and possibly little or no risk at all for having issued the marker to the customer.Type: ApplicationFiled: October 6, 2011Publication date: April 12, 2012Applicant: AUTOMATED CURRENCY INSTRUMENTS, INC.Inventor: Andrew J. Schwartz
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Publication number: 20110180606Abstract: In one embodiment according to the present disclosure, a method is disclosed comprising (a) printing at least one image onto a scrip; (b) printing a face value onto the scrip; (c) providing the scrip to a commercial establishment after step (a) has been performed; (d) printing a unique identifier on the scrip after step (c) has been performed, the unique identifier being machine readable; and (e) activating the scrip in a database associated with the commercial establishment either simultaneously with or after the performance of step (d), resulting in the scrip being assigned a redemption value within the commercial establishment equal to the face value of the scrip.Type: ApplicationFiled: January 25, 2011Publication date: July 28, 2011Applicant: AUTOMATED CURRENCY INSTRUMENTS, INC.Inventor: Andrew J. Schwartz
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Publication number: 20110057028Abstract: A method for redeeming a voucher generated by a first system in a second system is disclosed. The method comprises the steps of receiving the voucher; reading the voucher; determining that the voucher was generated by the first system; redeeming the voucher on the first system for a value; and issuing a credit on the second system for the value. A system for redeeming the voucher is also disclosed.Type: ApplicationFiled: September 3, 2010Publication date: March 10, 2011Applicant: AUTOMATED CURRENCY INSTRUMENTS, INC.Inventor: Andrew J. Schwartz
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Publication number: 20110028204Abstract: A computer-implemented interactive system and methods allowing for the tracking, management, and reporting of casino smart chips are provided. In an illustrative implementation a casino smart chip environment comprises a casino smart chip management engine, and instruction set comprising at least one instruction to instruct the casino smart chip engine to process data representative of the activation, tracking, monitoring, and/or reporting of one or more casino smart chips. In the illustrative implementation, the one or more casino smart chips can comprise one or more operative components comprising any of a communications component (e.g., radio frequency identification (RFID) component), a display component, a monetary value store, and a unique identifier store. Operatively, the exemplary casino smart chip engine can track, store, and report data representative of the authentication, commissioning, draw down, decommissioning, and use of the smart casino chip in casino and non-casino activities.Type: ApplicationFiled: July 29, 2009Publication date: February 3, 2011Applicant: AUTOMATED CURRENCY INSTRUMENTS, INC.Inventor: Andrew J. Schwartz
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Publication number: 20090061990Abstract: A method and system for administering and managing promotional gaming vouchers and segregating promotional credits from normal play credit includes a plurality of gaming machines coupled to a back-end controller for monitoring play on the gaming machines and segregating cash and promotional credits of a plurality of promotional gaming vouchers. The vouchers may have only one embedded value (total value) and may be treated as any other cashless gaming voucher, thereby allowing use in older gaming machines that may be unable to read vouchers having more than one embedded value (i.e., cash and promotional values). Accordingly, the back-end controller may keep track of promotional plays and update a voucher database that logs total values and promotional values of the vouchers. Upon cashing out, the database may be interrogated and only a cash value of the voucher disbursed, where any remaining promotional value may be printed on a new voucher.Type: ApplicationFiled: September 4, 2007Publication date: March 5, 2009Applicant: AUTOMATED CURRENCY INSTRUMENTS, INC.Inventor: Andrew J. Schwartz
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Publication number: 20090029763Abstract: A system and method for processing a marker transaction by a customer of a gaming establishment via a kiosk. The customer must have a marker account prior to initiating the marker transaction at the kiosk. The kiosk is adapted to communicate with a marker account system to process the transaction and a gaming media system for marker payouts in the form a gaming media.Type: ApplicationFiled: June 20, 2008Publication date: January 29, 2009Applicant: AUTOMATED CURRENCY INSTRUMENTS, INC.Inventor: Andrew J. Schwartz
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Patent number: 5607351Abstract: A coin counting machine for the valuation of large, multidenominational aggregations of coins is comprised of a rotating disk assembly that determines the coins value according to its size as it passes over a photoelectric unit. Large mixtures of coins are dumped into a cylindrical coin deposit tray that is centrally disposed upon two circular disks with grooves or passageways formed therebetween. The tray has a plurality of equidistantly spaced exit recesses in its walls that connect with the passageways. As a motor spins the disk assembly, coins disposed within the bin are flung outwards through the recesses and along the passageways where a photoelectric sensor unit records the value of each coin according to its size and relays the information to a microprocessor control unit.Type: GrantFiled: November 10, 1994Date of Patent: March 4, 1997Assignee: Automated Currency Instruments, Inc.Inventor: Andrew J. Schwartz