IGT (20240265776). COORDINATING FUND TRANSFERS BETWEEN A GAMING DEVICE AND A GAMING ESTABLISHMENT ACCOUNT UTILIZING A MOBILE DEVICE simplified abstract
COORDINATING FUND TRANSFERS BETWEEN A GAMING DEVICE AND A GAMING ESTABLISHMENT ACCOUNT UTILIZING A MOBILE DEVICE
Organization Name
Inventor(s)
Jeffery Shepherd of Reno NV (US)
COORDINATING FUND TRANSFERS BETWEEN A GAMING DEVICE AND A GAMING ESTABLISHMENT ACCOUNT UTILIZING A MOBILE DEVICE - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240265776 titled 'COORDINATING FUND TRANSFERS BETWEEN A GAMING DEVICE AND A GAMING ESTABLISHMENT ACCOUNT UTILIZING A MOBILE DEVICE
The abstract describes a system that uses a mobile device and a funding instrument linked to an external funding source to transfer funds from the external source to a gaming establishment account. Subsequently, funds are automatically transferred from the gaming establishment account to an electronic gaming machine and/or a gaming table.
- Mobile device and funding instrument utilized for fund transfers in a gaming environment
- Funds transferred from external source to gaming establishment account
- Automatic transfer of funds from gaming establishment account to electronic gaming machine and/or gaming table
Potential Applications: - Streamlining fund transfers in gaming establishments - Enhancing user experience in gaming environments
Problems Solved: - Simplifying the process of transferring funds for gaming purposes - Reducing the need for manual fund transfers in gaming establishments
Benefits: - Convenience for users in funding gaming activities - Efficient allocation of funds in gaming environments
Commercial Applications: Title: "Efficient Fund Transfer System for Gaming Establishments" This technology can be applied in casinos, online gaming platforms, and other gaming establishments to streamline fund transfers and enhance the overall gaming experience for users.
Questions about the technology: 1. How does this system improve the efficiency of fund transfers in gaming establishments? - This system automates the process of transferring funds from external sources to gaming machines, reducing the need for manual intervention and streamlining the overall transaction process.
2. What are the potential security measures in place to protect fund transfers in this system? - Security measures such as encryption protocols and authentication processes are likely implemented to safeguard fund transfers and protect user data.
Original Abstract Submitted
a system that utilizes a mobile device and a funding instrument associated with an external funding source to first transfer funds from the external funding source to a gaming establishment account and then, responsive to a completion of the first transfer, automatically transfer funds from the gaming establishment account to an electronic gaming machine and/or a gaming table.
