Patents by Inventor David Clayton Peister

David Clayton Peister has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Publication number: 20140114721
    Abstract: The method proposed is an approach for creating, valuing and securitizing derivative instruments which are linked to a casino's or a basket of casinos' aggregate win rate. The invention has several components, all of which are facilitated by software: (1) a method for developing a risk profile for a given casino or a portfolio of casinos; (2) a method for estimating the optimal hedging strategy for a given casino based on level risk profile, maximum wagers at the table and required liquidity/corporate finance structure; (3) a method for estimating the expected value of variances in actual win rate to the threshold win rate; and (4) a method for developing the features required for securitizing an individual casino's or a portfolio of casino's derivative contracts.
    Type: Application
    Filed: October 23, 2013
    Publication date: April 24, 2014
    Inventor: David Clayton Peister