Canada
Nevada-based CasinoSoft Hits the Jackpot With Anti-Money Laundering Software Package Built with Mendix Low-Code Platform
First-in-class tax and auditing application, built in just six months, enables casino industry to streamline workflow, reporting, and compliance with federal mandates
Mendix, a Siemens company and the global leader in low-code for the enterprise, today announced that CasinoSoft, a Nevada-based software development firm, has built a first-in-class, scalable compliance and taxation software package using the Mendix low-code platform. The package, ComplianceCore, digitizes and automates the extensive data collection and reporting required of casinos and card clubs operating under the U.S. Treasury Department’s anti-money laundering auditing rules, also known as Title 31 compliance.
Nearly 1,000 commercial and tribal casinos and card clubs in the United States comprise the $261 billion gaming industry. Those posting annual revenue of $1 million or more are subject to the same stringent oversight by the U.S. Treasury Department’s crime enforcement division, FinCEN, as are U.S. banks and other financial institutions. These federal regulations were put in place by Congress and strengthened after 9/11 to prevent criminal money laundering, terrorist financing, and other suspicious behaviors that would otherwise be obscured by the high volume of casino-based currency transactions. Fines for businesses not complying with FinCEN’s daily data collection and annual auditing requirements can add up to tens of millions of dollars.
“The majority of casinos are paper factories that generate massive piles of paperwork on a daily basis,” said Matt Montano, CasinoSoft’s CEO. “There is simply too much financial data coming from too many sources on the casino floor for employees to aggregate by hand and review. Regarding the casinos that do have enterprise financial systems, they’re often tied into backend legacy systems that are hard to update when technology improves or regulations change. Resource-stretched IT teams usually limit their upgrades of a casino’s workstations to once every two years.”
CasinoSoft built the three ComplianceCore modules in just six months, from scratch, using the Mendix low-code software development platform. Low-code is a visual development approach to application development that enables developers of varied experience levels to create applications for web and mobile, using drag-and-drop components and model-driven logic through a graphical user interface. CasinoSoft chose Mendix particularly for its open architecture and its collaboration and rapid development capabilities.
“Mendix’s underlying architecture enables our solution to integrate all the disparate sources of data generated by casino operations into a Mendix-built backend,” said Montano. “We can deploy quick functionality enhancements on the fly and do system upgrades five or six times a year.”
ComplianceCore dramatically reduces the amount of time casino staff spends on data collection and reporting for each gaming “day” (equal to a twenty-four-hour period).
“Data that formerly required days to crunch and organize is now completed in two to three hours. This gives the staff more time to focus on enhanced due diligence and other suspicious activity,” said Montano. CasinoSoft’s software package has been deployed in 12 casinos nationwide.
Three Modules Tackle Federal Reporting Requirements
The ComplianceCore software package consists of three standalone modules:
- ● Title 31 reporting package integrates disparate streams of financial transactions into a Mendix-built backend that is aggregated daily.
- ● Tablet Tax Forms digitizes and automates the IRS reporting requirements of any prize or jackpot above a $1,200 threshold.
- ● Document Automation automatically sorts and files scanned paper documents according to a player’s profile, account and federal filing status.
Zeroing in on Potentially Illegal Transactions
Casinos document every transaction above a minimum threshold, excluding food, beverages and merchandise. An individual’s aggregated daily spending of $10,000 or higher requires a Title 31 CTR filing. “Imagine trying to aggregate that from all the pit bosses and cage tellers into a single, cohesive property-wide log,” said Montano.
The ComplianceCore package also flags patterns that FinCEN classifies as suspicious activities. These include chip walking, which is when a player leaves without redeeming a large number of chips. Players who slowly redeem a large number of chips over a period of days are said to be structuring — perhaps to underreport IRS filings. Another red flag, called minimal play, is triggered when a customer buys a large number of chips with cash and places a few minor bets before cashing out a near majority of the chips. These behaviors may be an effort to disguise illegally received, traceable currency as a gambling win — in other words, money laundering.
Montano added “Casinos must intercede. They have no choice. Our platform gives casinos the tools and the horsepower to efficiently handle this regulatory burden.”
“We are glad CasinoSoft’s developers could leverage the Mendix platform to streamline and improve the industry’s data monitoring, aggregation and reporting,” said Johan den Haan, Mendix’s chief technology officer. “CasinoSoft’s ComplianceCore application package is a great example of how the truly open architecture at the core of our low-code platform enables developers to leverage core and legacy systems and data with brand new technologies that push the envelope of the possible. In today’s world, we know there’s no such thing as a free-standing, self-contained or isolated software application. A high degree of enterprise-grade interconnectivity is imperative to address ever-evolving needs within disparate technology landscapes.”
SOURCE Mendix
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Ezugi, an innovative live dealer casino supplier known for pushing the boundaries of live gaming, retention, and distribution solutions, is proud to announce a new partnership with PokerStars, the worldâs largest online poker site.
Through this partnership, PokerStarsâ players in the UK and Ontario will gain access to Ezugiâs standout portfolio, including Revolution Roulette, Ultimate Roulette, Unlimited Blackjack and Lucky 7 online casino games.
PokerStars, launched in 2001, is one of the worldâs leading online poker and casino brands and operates as part of Flutter Entertainment. It has grown to become the largest poker site globally, offering the widest selection of online games and hosting prestigious live tournaments.
Formed in 2012, Ezugi is a global live casino provider with a focus on meeting operator and player needs with best-of-breed localised content. The Ezugi games portfolio includes a wide range of live dealer games, many of which are unique. Ezugi became part of Evolution in 2018 and continues to build on its reputation for providing unique and innovative games and solutions for online casino and retail betting shop operators.
Gilad Ben-Ami, Chief Executive Officer at Ezugi, said: âPokerStarsâ players already enjoy a wide range of live casino and online slot games from Evolution brands such as Evolution, NetEnt, Red Tiger and Big Time Gaming. Now Ezugi is delighted and honoured to add even more choice for PokerStarsâ players with our own innovative games.â
Ben-Ami continued: âThe release of Ezugi games to PokerStars clearly demonstrates the rich variety and innovative features of the Ezugi games portfolio. Ultimate Roulette is a unique multiplier Roulette that blends circus-themed fun and TV game show excitement; Revolution Roulette puts a unique spin on classic Roulette by adding special multiplier pockets to the wheel; Unlimited Blackjack allows an unlimited number of players to play at the table, while also featuring Auto-Split functionality and a choice of four side bets â Perfect Pairs, 21+3, Perfect 11 and Ten20; and Lucky 7 is a very popular game with its origins in the Indian subcontinent â a fast-paced, simple and exciting Hi-Lo card game.â
Ben-Ami concluded: âWe are confident that PokerStarsâ players will love playing these games and we look forward to adding more Ezugi titles for them in the future.â
The post Ezugi partners with PokerStars to further extend live casino game choice for players appeared first on European Gaming Industry News.
After A Review Of Canadaâs Gambling Landscape, RoboCat Casino Was Awarded The âBest Online Casino In Canada 2025â Based On 8,000+ Games, Responsible Gambling and Fast Payouts
Vancouver, Sept. 24, 2025 (GLOBE NEWSWIRE) — 
RoboCat Casino, an award-winning online casino with presence on Europe, Australia, New Zealand, UK, USA and LATAM, was recently awarded the title of âBest Online Casino in Canada 2025â after a comprehensive review of the online gambling industry in the country, performed by experienced iGaming specialists.
New players can take advantage of RoboCat Casinoâs welcome bonus by joining their platform today:
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RoboCat currently offers the biggest welcome bonus, because new players can get 100% extra on their first deposit + 200 Free Spins + a surprise bonus (more free spins, free money, cashback, amongst other possible rewards).
In addition, the Canadian online casino also offers over 8,000 real money games from the best providers in the world, putting the best online slots, blackjack, poker, baccarat, craps, crash, plinko, live dealer, lotto and bingo games at the disposal of online players and bettors in Canada.
âThe mission of our team is to help players find the best sites for gambling online so they can enjoy an exciting, rewarding and safe online gaming experienceâ â â… and we found that RoboCat is on top of all the other online casinos in Canada, because it delivers more value in all the areas that matter for online players and bettorsâ.
A Comprehensive Review Focused on the Player
The team that performed the review and research revealed that they focused it on the player, hence they targeted the following areas:
- License
- Fairness
- Quality of Games
- Quality of Bonuses and Promotions
- Payment Methods and Banking Experience
- Online Security
- Mobile Experience
- Quality of Sportsbook
- KYC
- Limits for Deposits and Withdrawals
- Customer Support Service
The team used these key elements to develop the criteria for selecting, reviewing, and comparing the top online casinos in Canada, ultimately choosing RoboCat Casino as the best real money gambling platform for 2025.
The team explained that RoboCat was named ‘Best Online Casino in Canada 2025’ due to its outstanding performance across all evaluated criteria.
âRoboCat offers over 8,000 games from nearly 100 top-class providers, which is the largest library of real money games in Canada nowadaysâ â âoffering such an outstanding number of high-quality games allows RoboCat to bring its customers a significantly better online gaming experience, especially for online slots playersâ.
âRegarding bonuses, RoboCat Casino is the most generous platform in Canada because it offers a big welcome bonus, plenty of weekly and weekend reload bonuses which reward players with free money and free spins, extra rewards of free spins, cashback, rakeback, amongst other benefits that other Canadian online casinos fail to deliverâ.
The team shared their comments for all the evaluated criteria regarding RoboCat, offering a complete overview on why they elected this brand as the best platform for real money gambling in Canada:
- License: License issued by the Offshore Finance Authority of The State of Anjouan
- Fairness: Audited by independent third-party auditing firms
- Quality of Games: 8,000+ real money games from industry-leading providers such as NetEnt, Evolution, Microgaming, Habanero and Jumpman
- Quality of Bonuses and Promotions: 100% extra on first deposit + 200 Free Spins; reload bonuses, cashback, free bets, rakeback and free spins rewards. Featuring low wagering requirements
- Payment Methods and Banking Experience: Instant deposits, fast payouts, plenty of payment methods including credit cards, debit cards, trending digital wallet currencies, FundID and Interac
- Online Security: Uses military-grade encryption, has a dedicated online security team, secured servers, no history of data leaks or breaches
- Mobile Experience: Offers an HTML5-powered mobile website available on all browsers, runs on Android and iOS flawlessly
- Quality of Sportsbook: Offers over 35 sports and esports with high odds and exclusive bonuses such as free bets, deposit bonuses, reload bonuses and cashback
- KYC: Easy to fulfill KYC procedures, no requirement to complete KYC as a new user or to get first withdrawal approved
- Limits for Deposits and Withdrawals: Unlimited limit for deposits and withdrawals up to $10,000 per day. The casino can increase the limits for high rollers
- Customer Support Service: Available via live chat, email and phone. Fast answer time and professional customer support team
The team expressed their happiness in finding an online casino which can offer Canadian players and bettors the online betting and gambling experience they deserved: âRoboCat scores high in all the areas that matter, offering an outstanding, exciting, safe and fair experienceâ.
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RoboCat Casino Actively Promotes and Enforces Responsible Gambling
The team explained that they considered the commitment to responsible gambling as an important factor in their comprehensive review of the industry: âA platform can deliver everything players want, but if they fail to protect players and promote responsible gambling, we take it out of our ranking⊠because gambling must be fun but also safeâ.
RoboCat Casino is equipped with technology and a dedicated team which can detect problematic gambling patterns, providing affected players with prompt solutions and assistance.
The online casino also offers tools and features to limit the spending on their platform, granting players the possibility to control their online gambling activities.
The specialists also confirmed that RoboCat Casino provides a self-exclusion feature, with 24/7 customer support available to assist players in closing their accounts if needed.
“The era of unregulated online gambling is over. Today, safety comes firstâone of the key reasons we chose RoboCat as Canadaâs top online casino for 2025. They prioritise player protection and take responsible gambling seriously.”
âRoboCat Is The Best Brand in 2025, But Letâs See If They Retain Their Place in 2026â
âAfter making this in-depth review, analysis and research, we found out RoboCat is the best online casino brand for Canadian players in 2025â – â… but you know, the online gambling industry is extremely fast-paced. You have new brands every single month, and theyâre competing fiercely against each other. Therefore, we are going to revisit our research and perform a new analysis in 2026, to see if RoboCat remains the best online casino in Canada or if another brand is going to take its placeâ – concluded Angel K.
To celebrate this award, RoboCat has released a new welcome bonus of 100% extra on the first deposit + 200 Free Spins + 1 surprise bonus, which new players can redeem below:
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- Live Chat: https://casinos.cc/robocat-casino/support/
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Disclaimer
This article contains affiliate links. If you purchase through these links, a commission may be earned at no additional cost to you. The information provided is for informational purposes only and is not investment, financial, medical, or legal advice. Readers should verify details independently and consult qualified professionals before making any purchasing or financial decisions
CONTACT: Live Chat: https://casinos.cc/robocat-casino/support/ Email: [email protected]
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Bragg Gaming Group, a leading global B2B iGaming content and technology provider, announced it has entered into a new financing agreement with the Bank of Montreal (BMO), a leading North American financial institution, pursuant to which BMO has made available to the Company certain credit facilities in a maximum aggregate amount of up to US$6.0 million to support its ongoing working capital and general corporate requirements (the BMO Facilities).
In connection with the closing of the BMO Facilities, Bragg has successfully repaid in full the outstanding promissory note with entities controlled by Doug Fallon (the Prior Note Indebtedness). The new BMO Facilities replace the Prior Note Indebtedness, signalling a significant step in the Companyâs financial strategy to partner with a major commercial bank to support its growth.
âWe are very pleased to establish this new relationship with the Bank of Montreal, a recognized leader in financial services. This new credit facility strengthens our balance sheet and provides us with a flexible capital structure to execute our strategic plan. The ability to secure financing from a major North American bank underscores the confidence in our business and our long-term growth prospects. We look forward to a long and successful partnership with BMO,â said Robbie Bressler, CFO of Bragg Gaming Group.
The BMO Facilities are secured by, amongst other things, a first-ranking security interest over all of the assets of the Company and certain of its key operating subsidiaries, and are uncommitted and are repayable upon the earlier of (i) demand by BMO, (ii) the occurrence of certain insolvency events, and (iii) on the one-year anniversary of the closing date, unless a one-year extension is granted at BMOâs discretion.
The agreement includes customary legal and financial covenants, including a requirement for the Company to maintain a Total Funded Debt to EBITDA ratio not exceeding 2.50:1.00, and a Fixed Charge Coverage Ratio of not less than 1.25:1.00. These financial covenants are to be tested on a consolidated basis at the end of each fiscal quarter.
The Company currently expects to draw on the BMO Facilities in Canadian dollars, which would result in estimated borrowing costs of 6.9%â7.9% for Prime-based loans or 5.9%â6.9% for CORRA-based loans, depending on the period of the draw and the Companyâs leverage ratio. Standby fees on the unused portion of the revolving facility will range from 0.75% to 1.75% per annum, depending on leverage.
Management believes that based on the terms of the BMO Facilities, the Companyâs borrowing costs on an annualized basis will be less than half of its Prior Note Debt.
MatevĆŸ Mazij, CEO of Bragg Gaming Group, said: âSecuring this BMO facility represents a critical milestone in our strategic plan to strengthen Braggâs financial foundation and accelerate value creation for our shareholders. With our cybersecurity incident contained and our borrowing costs cut by more than half, we are laser-focused on executing our strategic shift toward higher-quality earnings. The Company is prioritizing margin and cash generation over lower-margin revenue, and synergies realized post-quarter end to become a leaner operation. Weâve already realized EUR 2 million in annualized synergies and are on track to achieve our 20% Adjusted EBITDA margin target for the second half of 2025.
âOur recent leadership additions in AI and innovation, combined with our expanding partnerships with operators like Fanatics and Hard Rock Digital, position us to pursue highly accretive growth opportunities methodically. The Company remains focused on growing the business in a sustainable and margin-accretive manner, with strong momentum in the proprietary content and technology pipeline positioning Bragg for long-term profitable growth.
âWe understand the importance of delivering results for our shareholders, and our board and management team are fully aligned and committed to executing the strategic initiatives that will drive value. With improved financial flexibility, a strengthened operational foundation, and clear milestones ahead, we believe we have the right strategy and team in place to unlock Braggâs full potential. We remain committed to maximizing shareholder value as we build sustainable, profitable growth and ensure our strong operational performance translates into appropriate market valuation.â
Cyber Breach Update
The Company has also provided an update on its previously announced cybersecurity incident initially detected on August 16, 2025.
Immediately following detection, Bragg took appropriate steps to mitigate any potential impact of the breach. With the assistance of independent cybersecurity experts, the Company has followed industry best practices and considers that the incident is now resolved.
There continues to be no indication that any personal information was affected and the breach has had no impact on the ability of the Company to continue its operations. Bragg has also provided assurances to its customers regarding the security of its game titles. The Company has experienced no negative impact on its revenue or profitability and does not expect that the cost of responding to the incident will have a material financial impact on the Company.
The Company has already applied knowledge gathered from the investigation of the event to enhance its cyber security defenses.
The post Bragg Gaming Group Enteres into New Financing Agreement with Bank of Montreal appeared first on European Gaming Industry News.
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