IGT obtained Nevada regulatory approval for its cashless 'Resort Wallet ™' solution: How it works (VIDEO)

As reported by International Game Technology PLC, the cashless module with an approved Resort Wallet card enables players to use a loyalty card to transfer cash into a secure digital wallet from either the casino cash desk or any Resort Wallet-enabled slot machine. Players can then insert their PIN-protected card into the slot machine, apply those funds to their game play, 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 this regard, Ryan Reddy, vice president of IGT, VLT, payment systems and products highlighted that the Resort Wallet 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 momentus debut in the State. "

On the other hand, the company has explained that the card cashless module is one of three variations available as part of IGT's Resort Wallet solution, the only fully integrated turnkey cashless technology in the industry:

• A variation of the Resort Wallet solution includes cardless cashless, where players tap their smartphone on a slot machine or table game to card in. They can then access their Cashless Wagering Account, load cash into the account from either the casino cashier, kiosk, or slot machine, then transfer funds between slot machines onsite, as well as between a casino's properties.
• Cashless with external funding represents the full-service variation of the Resort Wallet solution. It combines Resort Wallet with IGTPay ™, IGT's proven, proprietary external funding gateway. Players access their Cashless Wagering Account from a mobile app, with the flexibility to load their account securely and directly with funds from external sources such as credit and debit cards, bank accounts, and e-Wallets.

In addition to slot play, patrons can seamlessly access the funds in their Resort Wallet Cashless Wagering Account for table gaming, sports betting, and at retail points-of-sale.

All Resort Wallet modules encourage social distancing on the gaming floor by reducing line-ups at the casino cash desk and kiosks, and generate greater operational efficiencies by reducing cash handling costs and associated safety and security risks. Cashless play lessens machine maintenance by reducing cash handling, and results in fewer cash handling errors.

Regarding the IGT ADVANTAGE system and responsible gaming, the company commented that it allows the information to be displayed through the Service Window and NexGen® display on the slot machine, as well as through notifications on the Resort Wallet-enabled cashless wagering mobile app.