US Patent Issued to Everi Payments on May 13 for "Method and system for facilitating monetary value gaming ticket redemption" (Texas, Nevada Inventors)

ALEXANDRIA, Va., June 12 -- United States Patent no. 12,300,068, issued on May 13, was assigned to Everi Payments Inc. (Las Vegas).

"Method and system for facilitating monetary value gaming ticket redemption" was invented by Jim McHugh (Austin, Texas), William Ramsour (Austin, Texas), Travis Bussey (Austin, Texas), Timothy Richards (Las Vegas), Michael Aughney (Las Vegas) and Adam Fong (Henderson, Nev.).

According to the abstract* released by the U.S. Patent & Trademark Office: "In accordance with a method and system for facilitating redemption of monetary value gaming tickets, such as issued by a gaming device upon cash-out, a ticket is presented, such as to a redemption kiosk. If the ticket is validated and has a monetary value which in...