Top Gambling Firm IGT Obtains US Patent for a System to Enable Customers to Fund Their Bets via Crypto

Top Gambling Firm IGT Obtains US Patent for a System to Enable Customers to Fund Their Bets via Crypto


A gambling tech giant received the green light from the U.S. Patent and Trademark Office (USPTO) to start offering cryptocurrency payment options to their users. The company is known for manufacturing slot gambling machines.

Gamblers Could Also Transfer Crypto From Their Wallets to the Casino’s Ones

Per records from the USPTO, International Game Technology (IGT) received the patent that allows gamblers to pay their pets via bitcoin (BTC), ethereum (ETH), and bitcoin cash (BCH).

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As described in the patent’s filings, IGT’s system will consist of the following:

A system that enables cryptocurrency funds to be transferred between a gaming establishment account associated with a player and an external cryptocurrency account.

The document shows some graphics of phones with illustrations of what seems to be mobile applications and uses QR codes that transfer cryptos onto the slot machines. The app also seems to act as a wallet, as well.

Moreover, the cryptocurrency would convert to fiat after the user pays

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