IP Library Patent Application 18781564
Patent Application
App. No. 18/781,564

SETTLING OUTSTANDING LINE OF CREDIT LIABILITY WITH GAMING ESTABLISHMENT CREDIT SYSTEM

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Quick Facts
Patent No.
US None
App. No.
18/781,564
Abstract

A system that operates to monitor for a line of credit settlement event and, responsive to an occurrence of such an event, pay off an amount of funds accessed from a gaming establishment credit system.

Claims (18)

1 : A system comprising:

a processor; and

a memory device that stores a plurality of instructions that, when executed by the processor after an occurrence of a line of credit activation event associated with a first amount of funds drawn from a line of credit, cause the processor to:

responsive to receipt of an input made to repay at least part of the first amount of funds drawn from the line of credit,

cause a decrease of a first gaming establishment account based on a second amount of funds,

cause a decrease of a second, different gaming establishment account based on a third amount of funds, and

communicate data which results in the first amount of funds drawn from the line of credit to be decreased by the second amount of funds and the third amount of funds.

2 : The system of claim 1 , wherein the input designates a selection of at least one of the first gaming establishment account and the second, different gaming establishment account.

3 : The system of claim 1 , wherein the input designates a selection of at least one of the second amount of funds and the third amount of funds.

4 : The system of claim 1 , wherein the input designates the processor to determine at least one of the first gaming establishment account, the second, different gaming establishment account, the second amount of funds and the third amount of funds.

5 : A method of operating a system, the method comprising:

after an occurrence of a line of credit activation event associated with a first amount of funds drawn from a line of credit and responsive to receipt of an input made to repay at least part of the first amount of funds drawn from the line of credit:

causing, by a processor, a decrease of a first gaming establishment account based on a second amount of funds,

causing, by the processor, a decrease of a second, different gaming establishment account based on a third amount of funds, and

communicating data which results in the first amount of funds drawn from the line of credit to be decreased by the second amount of funds and the third amount of funds.

6 : The method of claim 5 , wherein the input designates a selection of at least one of the first gaming establishment account and the second, different gaming establishment account.

7 : The method of claim 5 , wherein the input designates a selection of at least one of the second amount of funds and the third amount of funds.

8 : The method of claim 5 , wherein the input designates the processor to determine at least one of the first gaming establishment account, the second, different gaming establishment account, the second amount of funds and the third amount of funds.

Assignments (2)
SECURITY AGREEMENT Recorded Jul 3, 2025
From: IGT
To: DEUTSCHE BANK AG NEW YORK BRANCH, AS COLLATERAL AGENT
Reel/Frame 071817/0394 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Jul 25, 2024
From: SHEPHERD, JEFFERY; HIGGINS, KEVIN; PETERSEN, ERIK
To: IGT
Reel/Frame 068079/0256 →