18733426. SETTLING OUTSTANDING DEBT RESPONSIVE TO GAMING EVENT simplified abstract (IGT)
Contents
SETTLING OUTSTANDING DEBT RESPONSIVE TO GAMING EVENT
Organization Name
Inventor(s)
Jeffery Shepherd of Reno NV (US)
SETTLING OUTSTANDING DEBT RESPONSIVE TO GAMING EVENT - A simplified explanation of the abstract
This abstract first appeared for US patent application 18733426 titled 'SETTLING OUTSTANDING DEBT RESPONSIVE TO GAMING EVENT
Simplified Explanation:
The patent application describes a system that monitors for a debt settlement event and alerts gaming establishment personnel to pay off the debt owed.
- The system detects a debt settlement event.
- It triggers an alert to gaming establishment personnel.
- Personnel are notified to pay off part or all of the debt owed.
Key Features and Innovation:
- Monitoring system for debt settlement events.
- Alert mechanism for gaming establishment personnel.
- Ability to pay off debt owed promptly.
Potential Applications:
This technology can be applied in various industries such as gaming establishments, financial institutions, and debt collection agencies.
Problems Solved:
This technology addresses the issue of timely debt settlement and ensures that debts are paid off promptly to avoid any financial repercussions.
Benefits:
- Improved debt management.
- Timely debt settlement.
- Enhanced financial security for gaming establishments.
Commercial Applications:
Title: "Debt Settlement Alert System for Gaming Establishments"
This technology can be commercially used by gaming establishments to ensure prompt debt settlement and financial security.
Prior Art:
Readers can start searching for prior art related to debt settlement systems in the gaming industry to understand the existing technologies and innovations in this field.
Frequently Updated Research:
Stay updated on research related to debt settlement systems, alert mechanisms, and financial technologies to enhance the efficiency and effectiveness of this technology.
Questions about Debt Settlement Alert System for Gaming Establishments:
1. What are the potential implications of delayed debt settlement in gaming establishments? 2. How does this technology improve financial security for gaming establishments?
Original Abstract Submitted
A system that operates to monitor for a debt settlement event and. responsive to an occurrence of such an event, cause an alert to be provided to gaming establishment personnel to pay off part or all of an amount of debt owed.
