Kingo

Description:

 

Invention Summary

 

This invention is related to the field of gaming technology and random selection of 10 numbers identifying frames and winning outcomes in comparison with correspondence of frames and randomly selected symbols.

 

Keno is similar to Lotto. It was first introduced in China many years ago. The game was brought to the United States in the mid 1800's by Chinese immigrants

15 who came to work in the mines and on the railroad. It is a very popular game and very easy to play. It is an exciting pastime and, most importantly, it offers the possibility of winning large payouts on relatively small wagers.

 

Market Opportunity

 

According to IBISWorld, over the next five years, growth is expected to be driven by increased legalization of sports betting and rising per capita income. Furthermore, advancements in technology will increase gambling participation. Industry revenue is expected to increase an annualized 2.0% over the five years to 2023, making the industry worth $238.8 billion.

•       Global Hotels & Resorts

•       Global Casinos & Online Gambling

•       Global Airlines

•       Global Tourism

 

Features and Benefits

 

A method and system for operating a wagering event includes one to four outcomes on random number correspondence to numbers in a four by four array of predefined numbers. To win any wager, an active random number must appear in a 5 preselected corner frame. The method may be an independent game or may be a side bet/wager in a keno game. Separate wagers may be placed on the one to four outcomes, with progressive correspondence of random numbers to the four by four array of predefined numbers, winning outcomes on any wager are dependent upon sequences of correspondence of the predefined numbers, especially in a vertical, 10 horizontal or diagonal order. Use of an electronic gaming machine with a touchscreen facilitates the method and simplifies the system. It is preferred that the numbers in the array are printed onto a paper or other material sheet.

 

 

Intellectual Property

 

U.S. Utility Patent No.: 9,811,977

 

 

Patent Information:
Category(s):
All
Gaming
Apps
For Information, Contact:
Zachary Miles
Associate Vice President for Economic Development
University of Nevada, Las Vegas
702-895-0937
zach.miles@unlv.edu
Inventors:
Andres Gonzalez Roa
Mark Yoseloff
Keywords:
© 2019. All Rights Reserved. Powered by Inteum