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Total money management system

  • US 9,858,756 B2
  • Filed: 05/22/2013
  • Issued: 01/02/2018
  • Est. Priority Date: 05/22/2012
  • Status: Active Grant
First Claim
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1. A money management system, comprising:

  • a plurality of bill validators, wherein each of the plurality of bill validators is configured to receive a first type of non-gaming currency from a patron of a casino and generate a cash-in value for the first type of non-gaming currency, wherein the cash-in value is to be exchanged by an operator for an equal chip-out value of Radio Frequency Identification (RFID) enabled gaming currency to be provided to the patron;

    a plurality of gaming tables, wherein each of the plurality of gaming tables includes an inventory of the RFID enabled gaming currency and an RFID antenna and reader, the RFID antenna and reader being configured to read a first set of identification information and value information for one or more of the RFID enabled gaming currency to be removed by the operator from the inventory, the one or more of the RFID enabled gaming currency corresponding to a chip-out value equal to the cash-in value, the RFID antenna and reader generating the chip-out value; and

    an inventory system coupled to each of the plurality of bill validators and each of the plurality of gaming tables including the RFID antenna and reader, the inventory system configured to;

    monitor and track a currency inventory of the casino;

    receive the cash-in value, the chip-out value, and the first set of identification information and value information;

    verify that the cash-in value matches the chip-out value;

    authorize acceptance of the first type of non-gaming currency within each of the plurality of bill validators;

    authorize payment of the one or more RFID enabled gaming currency to the patron; and

    account for all of the currency inventory flowing throughout the casino based on the first set of identification information and value information, wherein the currency inventory includes the inventory and a second type of non-gaming currency exchanged with the casino, wherein the second type of non-gaming currency is different from the first type of non-gaming currency.

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