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Method and apparatus for autonomous validation of issued scrip media

  • US 7,036,721 B2
  • Filed: 11/10/2004
  • Issued: 05/02/2006
  • Est. Priority Date: 08/23/2001
  • Status: Expired due to Term
First Claim
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1. A method of dispensing a self-authenticating media useable in transferring credits from a first gaming device to a second gaming device, comprising the steps of:

  • determining a cashout value in response to a cashout command;

    recording a visible manifestation representing information comprising the cashout value on a media;

    recording a magnetic manifestation representing the information on the media;

    dispensing the media from the first gaming device;

    accepting the media in the second gaming device;

    confirming the authenticity of the media, comprising the steps ofreading the visible and magnetic manifestations of the information from the media;

    decrypting the information from the visible manifestation and the magnetic manifestation;

    confirming the authenticity of the media if the information from the visible manifestation and the magnetic manifestation are comparable; and

    issuing credits equivalent to the cashout value after the authenticity of the media is confirmed.

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