ALEXANDRIA, Va., June 9 -- United States Patent no. 12,288,199, issued on April 29, was assigned to Everi Payments Inc. (Las Vegas).

"Casino cash system, apparatus and method utilizing integrated circuit cards" was invented by Timothy Richards (Las Vegas), Dale Baltzell (Jenks, Okla.) and Brian T. Sullivan (Las Vegas).

According to the abstract* released by the U.S. Patent & Trademark Office: "Methods, systems and apparatus are provided for facilitating financial transactions using an IC type financial card presented at a terminal. A requested transaction for monetary value is processed via a first transaction type. If the transaction is successful, monetary value (such as cash or a monetary value ticket or receipt) is dispensed to the us...