Everi Holdings has been granted a patent for a system that integrates player tracking with cash access in gaming environments. The method allows players to link multiple financial accounts to their player tracking card, facilitating seamless financial transactions while maintaining player identification and account security. GlobalData’s report on Everi Holdings gives a 360-degree view of the company including its patenting strategy. Buy the report here.

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Data Insights Everi Holdings Inc. - Company Profile

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According to GlobalData’s company profile on Everi Holdings, Cashless payment settlement was a key innovation area identified from patents. Everi Holdings's grant share as of July 2024 was 66%. Grant share is based on the ratio of number of grants to total number of patents.

Player tracking and cash access integration system for casinos

Source: United States Patent and Trademark Office (USPTO). Credit: Everi Holdings Inc.

The patent US12067839B2 outlines a method for updating a player's financial information within a multi-function player tracking system. The process begins with a player initiating a request to authorize a financial transaction using a second independent financial account. This request is sent to an authorization server and includes the player's identification and financial account details. The system confirms the player's existing account in the player tracking database, which contains their identification and first financial account information. Upon player approval, the new financial account information is associated with a unique identifier linked to the player, and this information is stored in a financial database. The method also includes steps for processing subsequent financial transactions based on the updated account information.

Additionally, the patent details various components of the method, such as the transmission of authorization requests to external banking systems and the ability to overwrite existing financial account information. The process ensures that the new financial account information is distinct from the previously stored account details. The system is designed to facilitate seamless transactions by utilizing a player's tracking card and confirming account details through a cashier or input device. Overall, the method aims to enhance the efficiency and accuracy of financial transactions within the player tracking system while maintaining secure access to player information.

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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.