Account
Radio
OTC CEO's OTC Sites Business Listings Resources Services
CEO Cents
Videos Photos Sounds  
 
  •  
 
Rate
1 votes
Info
05.08.2010 (655 Days Ago)
TitleKENS — Kenilworth Systems Corp.
Description

http://www.kenilworthsystemscorporation.com

Kenilworth Systems Corporation, a Mineola, New York-based public company (OTC PS: KENS), is a technology company with significant resources and intellectual property. The company began its success as a security systems developer for nuclear power facilities. Kenilworth has also helped the Australian government with their Cashless Wagering systems which eventually led to other efforts directed at gaming industry opportunities.

Kenilworth holds the U.S. patent for live gaming broadcast systems. The patent was issued to Kenilworth on June 10, 2003, and has been filed in 49 countries in Asia, Europe (including Russia), Central and South America, and South Africa.

Kenilworth's technology involves a microprocessor that is incorporated in the TV Set Top Box used by the viewer to receive the digital satellite broadcasts. The microprocessor manages the wagers


Kenilworth's Unique Patented Technology

Overview and description of Patent Application titled: “MULTI-USE GAMING MACHINE” as filed with the U.S. Patent & Trademark Office by Inventor Herbert Lindo, Chairman, published on February 1, 2007.

Click here to read the entire Patent Application

Video gaming machines, such as slot machines, poker, wheel of fortune and other types, have replaced the well-known “mechanical type” machines on the floors of most casinos. More and more people are playing video gaming machines because they are easy to learn, require little or no skill and provide relatively large returns.

While such machines are usually profitable for the casino owner, they present some limitations. First of all, the number of such machines that can be used in a casino is limited by either space and/or regulatory considerations. In the latter case, the State in which the casino is located limits the number of machines that can be located in any one area or on the entire casino premises.

Such video gaming machines are basically dedicated devices in that they permit the play of a programmed or native game only. In the case of a video slot machine, this usually is a number of video wheels of symbols or numbers, operated based on a “random number generator”, that are displayed on a video screen. Other types of video gaming machines have the desired display and components to play the game. It would be desirable to enable such gaming machines to play other types of games so that play would not be limited to only the native game. This would enhance the revenue stream of the casino or other location.

Brief Description of New Invention Assigned to Kenilworth

The present invention expands the versatility of such video gaming machines by making them useful for playing games on a live and interactive basis with games, such as roulette, baccarat, craps and more, being played at the casino or other locations. In accordance with the invention, the conventional video gaming machine is replaced by new machines manufactured so as to serve a second purpose, that of a remote terminal for viewing and interactively placing wagers on a live game played at a casino or some other location.

The multi-use gaming machine of the invention has the conventional apparatus that permits it to operate to play the native video game in the normal fashion. The machine is also provided with the capability of certain its components being switched so as, for example, receive and display video and play audio of a live table or other type of game played at a casino or similar location. The machine can either be on the casino premises or at a remote location. To be capable of being switched over from its normal native game operating mode to one of interactive play with a live casino type game, the video gaming machine is provided with a touch screen to serve as a grid for placing wagers. The machine when operating in the interactive mode permits wagering which can utilize some or all of the principles of the wagering system and method disclosed in U.S. patent 6,575,834, which is assigned to Kenilworth and whose disclosure was incorporated in its entirety.

The new video gaming machine has the same microprocessor of U.S. Patent 6,575,834 and an additional microprocessor that is programmed to store and manage data corresponding to the live interactive casino game to be played at the machine. A communication link is provided between the casino game and the machine and the machine receives video of the live table action and displays this using the video display provided for the machine’s native game.

The machine also receives a signal from the table game which opens a time period during which a wager can be placed and a signal which closes the betting period. The player at the machine watches actual bets being placed at the table by the live participants and watches the game being played. Upon the proper time of a game result being generated at the table game, such as the ball in a roulette game dropping into the number pocket, the game result is transmitted to the remote machine. If the game result is a win, the machine microprocessor will compute the winning amount. If the game is odds related the computation is based on a stored odds table.

The microprocessor operates such that winning amounts are credited to the player’s account and losing wagers are deducted and an account balance for the machine is kept on a running basis. Additional wagers made during game play are deducted from the player’s account at the machine and the player’s account credited with winning and losing amounts at the close of the game.

The multi-use machine of the invention can be used in tournament type play in which a plurality of players each have a machine at which wagers are placed as all of the tournament players watch the live games. For tournament play, the machines participating in the tournament are in communication with a data processing unit that serves as a manager by determining the balances of the accounts of all of the tournament players, locking out play of any player whose account has a zero balance and declaring the winning player when only one of the account balances is positive and/or at the end of a series of a predetermined number of games. The data processor provides all of the machines in the tournament with information of the amount that is currently in the lead so as to give players information to develop a betting strategy.

Multi-use game machines within the confines of a casino are hard wired from the cameras over the table games to each terminal. For remote locations, the live games are transmitted via satellite and down-linked to the numerous locations and distributed by hard wire to the machine, or set-top boxes and television sets that may incorporate Kenilworth’s microprocessor. In foreign countries that permit Internet gambling, the Internet may be used. Kenilworth does NOT RECOMMEND THE USE OF THE INTERNET anywhere, which is subject to fraud, hacking and generally impossible to control as to who is allowed to wager. With ongoing wagering with mobile devices such as cell phones and PDA’s, only controlling who may make a deposit for the live games can prevent unauthorized use.

Kenilworth Systems Corporation owns Patent # 6,575,834 titled “System and Method for Remote Roulette and Other Game Play Using Game Table at a Casino”, which was issued by the U.S. Patent & Trademark Office on June 10, 2003, and has been filed in 49 industrialized countries around the world.

To view the Patent in its entirety, please click here:

United States Patent #6,575,834

In continuation of the above captioned Patent, Kenilworth also owns two additional Patent Applications, which were published on April 21, 2005, titled: “Method and System for Supplying Funds to a Terminal for Remote Wagering.”

The Patent Applications are numbered 2005/0085291 and 2005/0085293, and may be viewed by clicking on the following links:

United States Patent Application #2005/0085291

United States Patent Application #2005/0085293

Patent Application # 2005/0085293 includes a magnetic swipe card reader on the set top box, or connected to television sets, that accepts a dedicated swipe card issued to the household adult in charge of playing Roulabette™, who must slide the swipe card across the reader to open the set top box, or TV, for casino wagering and swipe again to close the wagering allowing all other set top box television transmissions to continue.

The swipe card reader could also be used to effect commercial transactions, such as identifying credit card information that will prevent the acknowledged two percent (2%) fraud committed when dialing the credit card information via the telephone.

When merchants receive credit card information from consumers it does not mean the customer has the credit card in his possession. It could save merchants the reported annual loss of two billion dollars ($2,000,000,000) in the U.S. alone from fraudulent transactions. It is an added incentive for digital satellite and digital cable television subscribers to subscribe to Roulabette™ and lotteries.


Services

 

 

 

Kenilworth Systems Corporation offers a variety of service capabilities for interested business partners. The development of patented technologies includes expertise in programming, licensing, PR, marketing, satellite broadcasting and innovative approaches to gaming and entertainment.


 

 

 

Contact
Kenilworth Systems Corporation
185 Willis Avenue 2nd FL Ste 4
Mineola, NY 11501
Phone: (516) 741-1352 begin_of_the_skype_highlighting              (516) 741-1352      end_of_the_skype_highlighting
Fax: (516) 741-7194


Herbert Lindo
hlindo@kenilworthsys.com
Chairman & President

Maureen Plovnick
mplovnick@kenilworthsys.com
Assistant to Herbert Lindo

 

Screenshots
KENS — Kenilworth Systems Corp.
_KENS — Kenilworth Systems Corp.
http://ceocentral.com/m/photos/get_image/file/fe99fdafd9c0c65eef51720e861bed22.jpg
Reviews
Order by: 
Per page: 
 
  • There are no comments yet
Copyright © 2012 CEO Central | Felicis Enterprises, LLC