Michael Daly, based in Las Vegas, NV, is an innovative inventor with a remarkable portfolio of seven patents. His work focuses on advancing electronic transaction systems, particularly in the gaming and amusement sectors. Daly’s inventions aim to streamline the financial processes involved in gaming, showcasing his commitment to enhancing user experiences in this industry.

Latest Patents

Among his latest patents is the development of electronic transaction systems and methods for gaming or amusement credit purchases. This invention describes a comprehensive electronic fund transfer system that allows users to transfer funds from financial accounts directly to gaming devices. The method is designed to enable handheld mobile devices to facilitate user instructions seamlessly, integrating with a casino management system. The host system communicates with the gaming credit system via a local network, ensuring an effective transfer process. The funds management portal plays a critical role by communicating with both the host system and secure payment gateways. It records the electronic funds transfer and issues electronic credits to the gaming device, associated with a ticket that reflects these credits.

Additionally, Daly has patented a system and method for purchasing credits that enhance the gaming experience. This method enables mobile electronic transaction terminals to receive electronic transaction request instructions and generates requests for electronic transactions. It efficiently communicates with financial account servers to manage credit approvals and dispense credits associated with activity tables, contributing to a smoother user interaction in gaming environments.

Career Highlights

Daly has made significant contributions to the fields of electronic transactions while working with companies such as Automated Cashless Systems, Inc. and Automated Cash Systems, Inc. His expertise in these organizations has been pivotal in developing cutting-edge solutions that prioritize security and efficiency in financial transactions within gaming contexts.

Collaborations

Throughout his career, Michael Daly has collaborated with several notable professionals, including Stephen L. Warner and Michael Sackrison. These partnerships have fostered a creative exchange of ideas, further propelling advancements in the industry.

Conclusion

Michael Daly’s innovative contributions to electronic transaction systems have positioned him as a significant figure in the gaming industry. His seven patents reflect a strong dedication to improving transaction efficiency and user satisfaction, paving the way for future innovations in gaming technology. As the landscape of electronic transactions continues to evolve, Daly’s work will undoubtedly leave a lasting impact.

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