Mitigating line of credit risks of a gaming establishment credit system
AssigneeIgt
InventorsKevin Higgins, Jeffery Shepherd
Life of this patent
Estimating the term…
Abstract
A system that coordinates the issuance of a line of credit or marker for a user based on financial information associated with that user. Following a user, such as a player, applying for a line of credit with a gaming establishment credit system and following the user authorizing access to a financial institution account maintained for the user by a financial institution, the system operates with the financial institution to obtain financial information associated with the financial account. The system utilizes the obtained financial information to determine one or more attributes of the applied for line of credit.
Claims20
A system comprising:
- a processor;
- and
- a memory device that stores a plurality of instructions that, when executed by the processor responsive to a request to establish a gaming establishment line of credit associated with a first amount of funds, cause the processor to:
- receive financial information associated with a financial account of a user maintained by a financial institution independent of the processor,
- determine, based on the received financial information, a parameter of the gaming establishment line of credit, and
- responsive to a determination of a first parameter of the gaming establishment line of credit, enable an activation of the first amount of funds in association with the gaming establishment line of credit.
A system comprising:
- a processor;
- and
- a memory device that stores a plurality of instructions that, when executed by the processor responsive to a request to establish a gaming establishment line of credit associated with a first amount of funds, cause the processor to:
- receive financial information associated with a financial account of a user maintained by a financial institution independent of the processor,
- determine, based on the received financial information, a parameter of the gaming establishment line of credit,
- responsive to a determination of a first parameter of the gaming establishment line of credit and prior to any scheduling of any transfer of the first amount of funds from the financial account of the user to any gaming establishment account of the user, not establish the gaming establishment line of credit, and
- responsive to the determination of the first parameter of the gaming establishment line of credit and following a scheduling of a transfer of the first amount of funds from the financial account of the user to a gaming establishment account of the user, enable an activation of the first amount of funds in association with the gaming establishment line of credit.
A method of operating a system, the method comprising:
- responsive to a request to establish a gaming establishment line of credit associated with a first amount of funds:
- receiving financial information associated with a financial account of a user maintained by a financial institution independent of the processor,
- determining, by a processor and based on the received financial information, a parameter of the gaming establishment line of credit, and
- responsive to a determination of a first parameter of the gaming establishment line of credit, enabling an activation of the first amount of funds in association with the gaming establishment line of credit.
Dependencies are inferred from the claim text.