Regulation of gaming systems
First Claim
1. A smart card for use in controlling money flow such as in gaming said smart card including:
- a clock or clock reader able to determine the actual time or time relative to previous transactions;
a purse for electronically receiving value;
an input limiting means providing at least one predetermined limit of electronically received value into said purse in one predetermined period of time with reference to the clock or clock reader; and
an output means able to output selectively at least part of the electronically held value in the purse.
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Accused Products
Abstract
A system for regulating gambling and a smart card for use in the system which includes (a) identifying a person; (b) issuing a person with a smart card having clock means or clock reader means with the capability of determining a time period and having a purse associated with the clock or clock reader being able to limit an electronic value input and/or output from the purse on the smart card for a predefined period; (c) setting a maximum input and/or output limit for a predefined period; (d) providing one or more gaming venues having card readers able to interact with the smart cards; and (e) providing linkage to financial sources for electronically transferring verifiable funds to the smart card which are able to be selectively transferred to a gaming venue when the user wishes to undertake a gambling activity; whereby the person can use the smart card to undertake gambling at regulated gambling establishments and have the total amount of accessible funds limited throughout all the regulated gambling establishments for a set period.
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Citations
28 Claims
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1. A smart card for use in controlling money flow such as in gaming said smart card including:
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a clock or clock reader able to determine the actual time or time relative to previous transactions;
a purse for electronically receiving value;
an input limiting means providing at least one predetermined limit of electronically received value into said purse in one predetermined period of time with reference to the clock or clock reader; and
an output means able to output selectively at least part of the electronically held value in the purse. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13)
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14. A system for regulating gambling including:
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(a) identifying a person;
(b) issuing a person with a smart card having clock means or clock reader means with the capability of determining a time period and having a purse associated with the clock or clock reader being able to limit an electronic value input and/or output from the purse on the smart card for a predefined period;
(c) setting a maximum input and/or output limit for a predefined period;
(d) providing one or more gaming venues having card readers able to interact with the smart cards; and
(e) providing linkage to financial sources for electronically transferring verifiable funds to the smart card which are able to be selectively transferred to a gaming venue when the user wishes to undertake a gambling activity;
whereby the person can use the smart card to undertake gambling at regulated gambling establishments and have the total amount of accessible funds limited throughout all the regulated gambling establishments for a set period - View Dependent Claims (15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26)
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27. A system for regulating gambling substantially as hereinbefore described with reference to the drawings.
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28. A smart card for use in controlling money flow such as in gaming substantially as hereinbefore described with reference to the drawings.
Specification