US Patent Issued to Seven Aces on Aug. 25 for "Apparatus and method to automatically administer multi-level progressive wagers" (Canadian, American Inventors)

ALEXANDRIA, Va., Aug. 25 -- United States Patent no. 12,718,653, issued on Aug. 25, was assigned to Seven Aces LLC.

"Apparatus and method to automatically administer multi-level progressive wagers" was invented by Charles Drennan (Brighton, Colo.), Adam Daines (Red Deer, Canada) and Todd Taylor (Golden, Colo.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method, system, and computer readable storage to implement a multi-denominational progressive jackpot wagering system. A color sensor is utilized to determine a color of a chip placed on a progressive wager betting area. Once the color of the chip is determined, then the denomination will be indicated on the table by lighting up a particular colored LED, ...