LOS ANGELES, March 14, 2012 /PRNewswire/ -- ICAP Patent Brokerage, a division of ICAP plc and the world's largest intellectual property brokerage firm and organizer of ICAP Ocean Tomo Auctions, is offering for auction a new easy-to-learn and easy-to-play wagering game designed for the contemporary casino environment from Joseph Scibetta. The lot will be included in the 15th ICAP Ocean Tomo IP Auction on March 29, 2012, at Terranea Resort near Los Angeles, California.
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Background
Most popular card games such as poker, blackjack, etc., commonly played for entertainment or with wagers in casinos are complex and have difficult rules. New players must invest significant time to properly understand the rules of the games. This leads many potential patrons to avoid the games altogether, resulting in revenue loss to the casinos. There is a need for a simplified card game that can be easily played by any player (either experienced or novice), that provides an attractive wagering environment for players and an increased revenue opportunity for casinos.
Key Characteristics & Benefits
This patent portfolio discloses a wagering card game that is easy to learn and play and provides ongoing entertainment for the player.
- Players play against a dealer or a house. In one variation of the game, player and dealer are given multiple cards facing down. The player makes a new wager at every round, either on their respective top card or on a predetermined combination of cards.
- The player is determined to be a winner based on predetermined rules (e.g., player having Ace card is a winner) after turning up one card (or a combination of cards) in every round.
- The new wager that is provided at every round increases the revenue of the casino.
- The disclosed games are easy to play and quick to learn.
- Various other variations (e.g., bonus on bets, multiple card play, etc.) of the game are disclosed for increasing the excitement in the game.
- The various games described and claimed by the patent portfolio can be provided through a number of devices: video game machines, television, home computer (e.g., through the Internet), etc.
- Multi-player variations, including multi-player variations for playing using a casino table or electronically, are also described and claimed by the patent portfolio.
- The patent portfolio also describes a scratch-off lottery variation.
Market Potential
This patent portfolio is important to casino operators, casino game manufacturers, and other entities within the gaming industry.
Companies who have cited this patent portfolio include:
Universal Entertainment Corp., Baccarat Plus Entpr Inc., Station Casinos Inc., Waterleaf Ltd., Shuffle Master Inc., Innovative Gaming Inc., Pokertek Inc., IGT Reno Nev, Amico and More Entpr Inc., Funway Games Llc.
To learn more about the assets available for sale in this portfolio:
Contact Paul Greco of ICAP Patent Brokerage at 212-815-6693 or [email protected]
About ICAP Patent Brokerage
ICAP Patent Brokerage is a division of ICAP plc and the world's largest intellectual property brokerage and patent auction firm.
About ICAP
ICAP is the world's leading interdealer broker and provider of post trade risk and information services. The Group matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, FX, emerging markets and equity derivatives through voice and electronic networks. Through our post trade risk and information services we help our customers manage and mitigate risks in their portfolios. For more information go to www.icap.com.
SOURCE ICAP Patent Brokerage
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