Electronic gaming system and method for managing funds transfer based upon proximity of a mobile device to a geofenced zone

1. A gaming system comprising:

a transmitter configured to output a first unique identifier to be received by a mobile terminal; and

a server comprising a processor and a memory storing instructions, wherein the instructions, when executed by the processor, cause the processor to:

receive a request from the mobile terminal to transfer funds to a gaming wallet, the request from the mobile terminal including the first unique identifier received from the transmitter, wherein the gaming wallet is accessible at an electronic gaming machine (EGM) located within a defined zone of a gaming venue;

determine, based on the received first unique identifier, whether the mobile terminal is within the defined zone;

in response to determining that the mobile terminal is within the defined zone, transmit a signal to the mobile terminal indicating that the transfer of funds to the gaming wallet should be prevented; and

in response to determining that the mobile terminal is not within the defined zone, transmit a signal to the mobile terminal indicating that the transfer of funds to the gaming wallet can be allowed.

2. The gaming system of claim 1 , wherein the memory stores a plurality of unique identifiers, each unique identifier of the plurality of unique identifiers corresponding to at least one EGM located within the defined zone.

3. The gaming system of claim 2 , wherein the instructions, when executed by the processor, further cause the processor to compare the received first unique identifier with the plurality of unique identifiers stored in the memory.

4. The gaming system of claim 3 , wherein the instructions, when executed by the processor, further cause the processor to determine that the mobile terminal is within the defined zone by, in response to comparing the received first unique identifier with the plurality of unique identifiers stored in the memory, determine a location of the mobile terminal based on the received first unique identifier matching at least one of the plurality of unique identifiers.

5. The gaming system of claim 4 , wherein the mobile terminal is configured to prevent the transfer of funds to the gaming wallet in response to receiving the signal indicating that the mobile terminal is within the defined zone.

6. The gaming system of claim 3 , wherein the instructions when executed by the processor, further cause the processor to determine that the mobile terminal is not within the defined zone by, in response to comparing the received first unique identifier with the plurality of unique identifiers stored in the memory, determining that the received first unique identifier does not match at least one of the plurality of unique identifiers.

7. The gaming system of claim 1 , wherein the memory stores a plurality of unique identifiers, wherein the instructions, when executed by the processor, further cause the processor to compare the received first unique identifier with the plurality of unique identifiers stored in the memory to determine whether the mobile terminal is within the defined zone without determining whether the plurality of unique identifiers correspond to an EGM, and wherein the mobile terminal is configured to initiate the transfer of funds to the gaming wallet in response to receiving the signal indicating that the mobile terminal is not within the defined zone.

8. The gaming system of claim 1 , wherein the EGM comprises:

a display configured to display a wagering game;

a credit input mechanism including at least one of a card reader, a ticket reader, a bill validator, and a coin input mechanism; and

a player tracking module.

9. The gaming system of claim 8 , wherein the transmitter is located within the player tracking module.

10. The gaming system of claim 1 , wherein the transmitter is a short range beacon configured for one-way transmission of the first unique identifier.

11. The gaming system of claim 10 , wherein the transmitter is configured to transmit a Bluetooth signal.

12. The gaming system of claim 1 , wherein the transmitter is located within the defined zone.

13. The gaming system of claim 1 , wherein the transmitter is located outside of the defined zone.

14. A method of providing a geofence with respect to a gaming zone, the method comprising:

providing a plurality of electronic gaming machines (EGMs) within the gaming zone;

providing a transmitter configured to output a first unique identifier;

receiving, at a mobile terminal a request to transfer funds to a gaming wallet accessible at a first EGM of the plurality of EGMs;

receiving, at the mobile terminal, the first unique identifier from the transmitter;

determining, based on receiving the first unique identifier at the mobile terminal, whether the mobile terminal is within the gaming zone;

denying, if the mobile terminal is determined to be within the gaming zone, the request to transfer funds to the gaming wallet; and

allowing, if the mobile terminal is determined to be outside of the gaming zone, the request to transfer funds to the gaming wallet.

15. The method of claim 14 further comprising controlling the mobile terminal to prevent the funds transfer if the mobile terminal is determined to be within the gaming zone.

16. The method of claim 14 , wherein the transmitter is configured to transmit a Bluetooth signal, the method further comprising determining whether a Bluetooth setting of the mobile terminal is activated, the mobile terminal configured to deny the request to transfer funds if the Bluetooth setting of the mobile terminal is not activated, wherein the first EGM includes a player tracking module, and wherein the transmitter is located in the player tracking module.

17. The method of claim 14 further comprising transmitting the unique identifier from the mobile terminal to a server including a processor and a memory, the memory storing a plurality of unique identifiers, each unique identifier of the plurality of unique identifiers corresponding to at least one EGM of the plurality of EGMs.

18. The method of claim 17 further comprising:

comparing the first unique identifier to the plurality of unique identifiers; and

determining a location of the mobile terminal within the gaming zone based on the first unique identifier matching at least one unique identifier of the plurality of unique identifiers.

19. A mobile terminal comprising:

a wireless receiver;

a processor coupled in communication with the receiver; and

a memory storing instructions, the processor configured to execute instructions stored in the memory, which, when executed by the processor, cause the processor to:

receive a request to transfer funds to a gaming wallet accessible at an electronic gaming machine (EGM) located within a defined zone of a gaming venue;

receive, from the wireless receiver, a unique identifier corresponding to a transmitter located within the gaming venue;

determine, based on the received unique identifier, whether the mobile terminal is within the defined zone; and

prevent the transfer of funds to the gaming wallet if the mobile terminal is determined to be within the defined zone; and

allow the transfer of funds to the gaming wallet if the mobile terminal is not determined to be within the defined zone.

20. The gaming system of claim 1 , wherein the transmitter transmits the first unique identifier to the mobile terminal over a first wireless communication network, the server receiving the first unique identifier from the mobile terminal over a second, different communications network.