US Patent Issued to IGT on Sept. 9 for "Mitigating line of credit risks of a gaming establishment credit system" (Nevada Inventors)

ALEXANDRIA, Va., Sept. 10 -- United States Patent no. 12,412,211, issued on Sept. 9, was assigned to IGT (Las Vegas).

"Mitigating line of credit risks of a gaming establishment credit system" was invented by Kevin Higgins (Reno, Nev.) and Jeffery Shepherd (Reno, Nev.).

According to the abstract* released by the U.S. Patent & Trademark Office: "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 th...