Company Filing History:
Years Active: 2021-2023
Title: Victor Newsom: Innovator in Cashless Gaming Solutions
Introduction
Victor Newsom is a notable inventor based in Las Vegas, NV (US). He has made significant contributions to the gaming industry, particularly in the realm of cashless transactions. With a total of 2 patents, Newsom has developed innovative systems that enhance the gaming experience for users.
Latest Patents
One of Victor Newsom's latest patents is titled "System and method for redeeming cashless gaming tickets to bank accounts via multi-function ATM." This invention provides a method for redeeming cashless gaming tickets that hold monetary value, typically issued during cash-outs from gaming machines in casinos. The process involves the customer introducing the ticket to a multi-function ATM, which then communicates electronically with a ticket redemption system to validate the ticket. Once validated, the customer can transfer the monetary value associated with the ticket to an account linked to a presented bank card. The ATM sends a request for transfer to a financial server, which subsequently communicates with a financial network to credit the monetary value, minus any transaction fees, to the customer's bank card account.
Career Highlights
Victor Newsom is currently employed at Everi Payments Inc., a company that specializes in providing innovative payment solutions for the gaming industry. His work at Everi Payments has allowed him to focus on developing technologies that streamline financial transactions within casinos.
Collaborations
Some of Victor Newsom's notable coworkers include Richard Beer and Craig Potts. Their collaboration has contributed to the advancement of cashless gaming technologies.
Conclusion
Victor Newsom's innovative work in cashless gaming solutions has significantly impacted the industry. His patents reflect a commitment to enhancing the gaming experience through technology.