International Game Technology had 30 patents in digitalization during Q1 2024. The patents filed by International Game Technology Plc in Q1 2024 focus on systems that enable access to funds between different gaming establishment accounts, tracking game play using virtual player loyalty cards, and providing predetermined game outcomes through a cloud-based central determination server in association with funds transacted at point-of-sale terminals. GlobalData’s report on International Game Technology gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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International Game Technology grant share with digitalization as a theme is 16% in Q1 2024. Grant share is based on the ratio of number of grants to total number of patents.
Recent Patents
Application: System and method for providing a master gaming establishment account and a subsidiary gaming establishment account (Patent ID: US20240105005A1)
The patent filed by International Game Technology Plc describes a system that allows funds from a controlling gaming establishment account to be accessed by other controlled gaming establishment accounts with a predefined relationship. The system involves a player tracking unit with various components like a card reader, communication interface, processor, and memory device. The unit can display balances of different gaming establishment fund management accounts, facilitate electronic transfers between accounts, and enforce restrictions on fund transfers based on predefined criteria.
The player tracking unit can handle different types of gaming establishment fund management accounts, such as cashless wagering accounts and gaming establishment retail accounts. It allows for electronic transfers of funds between master and subsidiary accounts, displaying updated balances accordingly. The system also includes restrictions on fund transfers, such as transaction type limitations and time-based restrictions, ensuring compliance with predefined rules. Overall, the system enables seamless management of funds across multiple gaming establishment accounts while maintaining security and adherence to specified restrictions.
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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
