Buyer perspective
Why this patent may matter to a strategic buyer
The following are commercial considerations for corporate development, IP counsel and executive management. None of them asserts that any company infringes or that enforcement would succeed.
Granted patent core — US 12,525,093
GrantedUS 12,525,093- Real-world events
- Odds
- Gambling credits
- Zero / minimal-value pseudo-currency
- Economic mode monitoring
- Wagering threshold
- Data update reduction
- Reduced network transfer
- Limited results delivered
Considerations
Six strategic reasons
01
Defensive position
Potentially strengthens control around adjacent functionality a platform may wish to develop.
02
Competitor relevance
Several competitors publicly operate architectures with varying degrees of correspondence.
03
Market timing
Patent priority dates to 18 December 2020.
04
Portfolio strength
Potential addition to sportsbook and social gaming IP portfolios.
05
Licensing optionality
Potential future licensing and cross-licensing value, subject to legal review.
06
Scarcity
A granted US patent is a finite transferable asset that cannot be independently recreated with the same priority date.
Diligence
Questions a potential acquirer should consider
Each question can be worked through using the mapping, matrix and evidence pages of this presentation.
- 01Is our platform currently moving toward functionality relevant to this patent?
- 02Which competitors appear closest to the protected architecture?
- 03Would we prefer to own this position or allow a competitor to control it?
- 04Does this patent fill a gap in our existing portfolio?
- 05Could ownership strengthen our position in future licensing or cross-licensing discussions?
- 06How commercially central is the relevant architecture to competitors?
- 07What technical diligence is required to verify the backend limitations?
- 08Is there a continuation or broader patent family opportunity?
- 09How does the December 2020 priority date compare with competitor product development?
Next
Where to verify each answer
Standing position