Can AI and Modern Tech Stop Addictive Gambling and Money Laundering?

The introduction of artificial intelligence (AI) and machine learning (ML) in the gaming and casino industries is now helping communities impacted by gambling addiction, by equipping them with the necessary skills and resources to combat the behavior. This tech company has implemented an AI system that can not only combat gambaling addiction but also mitigate money laundering as well, here’s how. 

Tech and software company AXES is using their AI technology to interpret billions of pieces of player, machine, time, and space data to remove fraud, theft and money laundering. Their modernized tech can also prevent addictive gambling and is shifting the narrative of gambling, to one of responsible gaming. 

“Poland seeks to establish a safer, responsible environment for the players. We have to evolve with them and deliver a highly customizable responsible gaming module that offers real-time player protection everywhere. Once registered, players can implement their own spending limits and even adjust the time and schedule they are allowed to spend on slot machines, simply by modifying the player profile preferences. This helps to protect the players against themselves,” explains Earle Hall, CEO of AXES. 

Having this level of control and oversight benefits everyone involved. It keeps players within their limits by letting them play responsibly, while also giving control to the organization to monitor for any potential red flags. The technology can spot if someone is having an issue with a machine, or if their spending amounts or speed of transactions increases, alerting you to potential addictive behaviors. 

AXES is changing the narrative from gambling to responsible gaming, while improving business by reducing fraud, money laundering and theft, and helping customers engage in a responsible, cashless gaming environment that reduces gambling addiction and the potentially harmful patterns associated with it.