Money laundering and terror financing has been seen as serious threats in the gaming industry, with a number of operators being fined for failing compliance measures and responsibilities. GAMWIT powered by BizAcuity is an AI-driven SaaS product that provides predictive and visual analytics to online casinos, sports betting companies, game studios and game aggregators. The AML model identifies suspicious money laundering activity and flags players according to different levels of risk (high, medium, low and no risk). The new model will help gaming operators combat money laundering as well as stay compliant with the stringent regulations imposed upon them that often lead to mountainous penalties.
