Online gambling solutions giant International Game Technology has received regulatory approval for its cashless resorts wallet in Nevada.
International Game Technology (IGT) has announced that it has secured regulatory approval in Nevada for its Resort Wallet carded cashless module.
IGT’s Resort Wallet
The wallet is a payment solution that forms part of the company’s Advantage casino management system.
Now that it has received approval, the payment solution can be rolled out in casinos throughout Nevada. The supplier has said that this solution will allow its customers to offer patrons the opportunity of a reduced-contact and safer cashless slot machine gambling experience.
With the Resort Wallet, casino patrons can use a casino loyalty card to transfer cash to a secure digital wallet at the casino’s cash desk or at a Resort Wallet-enabled machine. Once a card has been loaded with funds, players can then insert their PIN-protected card into the slot machine, apply those funds to their gameplay, and cash out to their secure digital wallet at any time. They can also choose to move a portion of their funds from the slot machine to their digital wallet while printing a ticket at the slot machine for the balance.
In its announcement, IGT explained that the carded cashless module is one of three variations available as part of its Resort Wallet solution.
One of the other variations of the solution allows players to tap their smartphone on a machine to access their wallet. While the third variation with cashless external funding is the full-service variation of the Resort Waller solution where players can fund wallets using bank cards, bank accounts and ewallets.
In addition to slot machines, the solution can also be used with table gaming, sports betting and at retail points-of-sale.
Ryan Reddy, IGT Vice President, VLT, Systems and Payments Products: “Our Resort Wallet solution ensures that our customers can experience the increased liquidity, player convenience, and enhanced safety that only cashless gaming can deliver.
“This solution will heighten the player experience to new levels while positioning our customers as technology leaders. We’re grateful to the Nevada Gaming Control Board for enabling this momentous debut in the State.”
Wallet could help reduce contact in casinos
The supplier said that these modules will encourage social distancing on the gaming floor by reducing the lines at cash desks and kiosks. It also claims the solution will allow for greater operational efficiency as it will reduce the costs and risks associated with handling real cash.
Since 24 November, casinos in the Silver State have been restricted to operating at just 25% of their customer capacity, as part of restrictions introduced by Governor Steve Sisolak to help slow the spread of coronavirus.