Company Filing History:
Years Active: 2012-2015
Title: Richard Rader: Innovator in Gaming Technology
Introduction
Richard Rader is a notable inventor based in Albany, Oregon. He has made significant contributions to the field of gaming technology, holding a total of 2 patents. His work focuses on enhancing the efficiency and security of cashless transactions in gaming environments.
Latest Patents
One of Richard Rader's latest patents is titled "Secure smart card operations." This invention encompasses various devices, methods, systems, and computer program products designed to facilitate cashless digital transactions, particularly in casino settings. The patent describes a wager-based gaming machine that includes a memory device for storing a credit balance available for wagering. It also features a communication interface that interacts with a portable electronic device, allowing for secure updates to credit balances. The secure transaction device ensures that all updates comply with security authorization requirements.
Another significant patent is the "System and method for providing poker player tracking and bonus events." This gaming system incorporates a progressive jackpot funded by a portion of the house rake from card games. It includes a tracking system that identifies and monitors cards dealt and wagers placed, enabling the identification of frequent players for complimentary rewards. Additionally, the system can notify players at remote gaming devices when a seat at the gaming table becomes available.
Career Highlights
Richard Rader is currently employed at IGT, a leading company in gaming technology. His role involves developing innovative solutions that enhance the gaming experience for players and operators alike. His contributions have been instrumental in advancing the technology used in modern gaming systems.
Collaborations
Richard has collaborated with several talented individuals in his field, including Eric Lancaster and Erik B. Petersen. These collaborations have fostered a creative environment that encourages the development of cutting-edge gaming technologies.
Conclusion
Richard Rader's work in gaming technology exemplifies innovation and dedication to improving the gaming experience. His patents reflect a commitment to enhancing security and efficiency in cashless transactions, making him a significant figure in the industry.