ALEXANDRIA, Va., March 3 -- United States Patent no. 12,567,312, issued on March 3, was assigned to Acres Technology (Las Vegas).
"Player-funded loss amelioration" was invented by John F. Acres (Las Vegas).
According to the abstract* released by the U.S. Patent & Trademark Office: "Embodiments of the present invention are directed to methods and systems in which a player's wagers accrue in a pool that can be awarded to the player as a bonus as a function of a defined loss threshold on an electronic gaming machine. The volatility of the bonus awards is adjustable."
The patent was filed on June 22, 2023, under Application No. 18/339,720.
*For further information, including images, charts and tables, please visit: http://patft.uspto.gov/ne...