ALEXANDRIA, Va., June 25 -- United States Patent no. 12,340,659, issued on June 24, was assigned to IGT (Las Vegas).

"Coordinating fund transfers between a gaming device and a gaming establishment account utilizing a mobile device" was invented by Jeffery Shepherd (Reno, Nev.) and Kevin Higgins (Reno, Nev.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system that utilizes a mobile device and a funding instrument associated with an external funding source to first transfer funds from the external funding source to a gaming establishment account and then, responsive to a completion of the first transfer, automatically transfer funds from the gaming establishment account to an electronic gaming machine and/o...