US Patent Issued to IGT on May 26 for "On-demand access to funds of gaming establishment fund management account associated with a financial account" (Nevada, Massachusetts Inventors)

ALEXANDRIA, Va., May 26 -- United States Patent no. 12,640,008, issued on May 26, was assigned to IGT (Las Vegas).

"On-demand access to funds of gaming establishment fund management account associated with a financial account" was invented by Kevin Higgins (Reno, Nev.), Lisa Schiffer (Norton, Mass.) and Jeffery Shepherd (Reno, Nev.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods that utilize funds associated with a gaming establishment account to offer just-in-time funding for a settled purchase transaction made using funds accessed from a financial account associated with the gaming establishment account."

The patent was filed on May 10, 2023, under Application No. 18/195,666.

*For furt...