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US 12,223,801 B2Granted
System and method for settling funds transfers between different gaming establishment accounts maintained by different gaming establishments
AssigneeIgt
InventorsJeffery Shepherd, Kevin Higgins
Life of this patent
Estimating the term…
Abstract
A system and method that facilitates the transferring of funds between different financial institution accounts based on the transferring of funds between different gaming establishment accounts associated with different gaming establishments.
Claims20
A system comprising:
- a processor;
- and
- a memory device that stores a plurality of instructions that, when executed by the processor, cause the processor to:
- enable a direct transfer of a first amount of funds from a first gaming establishment account to a second, different gaming establishment account, and
- based on the direct transfer of the first amount of funds from the first gaming establishment account to the second, different gaming establishment account, communicate, to a computing component of a financial institution that maintains a first financial institution account associated with each of the first gaming establishment account and a first gaming establishment, data that results in an automatic transfer of a second amount of funds from the first financial institution account to a second, different financial institution account associated with each of the second, different gaming establishment account and a second gaming establishment.
2 more elements
A system comprising:
- a processor;
- and
- a memory device that stores a plurality of instructions that, when executed by the processor responsive to a fund transfer reconciliation event, cause the processor to:
- automatically cause a reconciliation of any net transfers of funds from a first gaming establishment account directly to a second, different gaming establishment account by communicating data that results in a transfer of funds from a first financial institution account separate from and associated with each of the first gaming establishment account and a first gaming establishment to a second, different financial institution account separate from and associated with each of the second gaming establishment account and a second gaming establishment, and
- automatically cause a reconciliation of any net transfers of funds from the second, different gaming establishment account directly to the first gaming establishment account by communicating data that results in a transfer of funds from the second, different financial institution account to the first financial institution account.
2 more elements
A method of operating a system, the method comprising:
- enable a direct transfer of a first amount of funds from a first gaming establishment account to a second, different gaming establishment account, and
- based on the direct transfer of the first amount of funds from the first gaming establishment account to the second, different gaming establishment account, communicating, to a computing component of a financial institution that maintains a first financial institution account associated with each of the first gaming establishment account and a first gaming establishment, data that results in an automatic transfer of a second amount of funds from the first financial institution account to a second, different financial institution account associated with each of the second, different gaming establishment account and a second gaming establishment.
Dependencies are inferred from the claim text.