US Patent Issued on July 28 for "System and method of conducting games of chance with enhanced payouts based on cash in amount" (Nevada Inventor)

ALEXANDRIA, Va., July 28 -- United States Patent no. 12,694,755, issued on July 28.

"System and method of conducting games of chance with enhanced payouts based on cash in amount" was invented by Sean Malek (Las Vegas).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system and method of providing a player loyalty program to award a player of an electronic gaming machine, including conducting games with enhanced payouts based on a cash in or initial investment amount. In response to a player's initial investment or cash in amount, a payout schedule is selected. The larger the initial investment the better the selected payout schedule for the player. Live games facilitated by electronic gaming machines or devi...