Nevada Patent of the Month – March 2023
The COVID-19 pandemic caused a massive global shutdown of businesses, including the gaming and casino industry. Even years after the initial impact, gaming companies are continuing to look for ways to adapt to the new normal and find ways to bring back players to their establishments. Social distancing has been a popular solution to this problem, but it is not a sustainable solution in the long run.
Fortunately, Gaming Arts, LLC, a Nevada-based company, has developed a solution that allows gaming companies to provide a safe environment for players without sacrificing gaming positions or revenues. SWORD has developed a technology that uses ultraviolet sterilization, disinfection, or decontamination to reduce viruses and bacteria in gaming machines and equipment.
The technology developed by Gaming Arts is a game-changer in the gaming industry. Not only does it reduce the spread of viruses, but it also allows gaming companies to resume normal operations without having to eliminate gaming positions, which can cost up to 70% of their revenue. This means that casinos can continue to operate with a larger number of gaming machines and tables, which is essential to their survival.
One of the most significant advantages of this technology is that it allows high-spending players, who are typically in the 50-75 age range, to feel safe and secure in the gaming environment. These players are more at risk for severe complications from COVID-19 and have good cause to be concerned about their safety. With Gaming Arts’s technology, they can now play in a safer and more secure environment.
The technology developed by Gaming Arts is not only relevant for the current pandemic. It is also essential in the prevention of future pandemics, which are inevitable. History has shown that pandemics occur regularly, and only an effective vaccine can end them. Until then, we need to adapt and find innovative solutions to reduce the spread of viruses.
Gaming Arts’s technology is a glimpse into the future of the gaming industry. It allows gaming companies to provide a safer environment for their players without sacrificing revenue or gaming positions. It also provides a sustainable solution that can be used in the prevention of future pandemics.
Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.
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