CasinoSoft Wins Big with Mendix
CasinoSoft, a Las Vegas based software provider efficiently developed a complete Title 31 solution, labelled as ComplianceCore by using Mendix low-code for their casino gaming operations. Evidently, this Title 31 regulation requires casinos that generate more than $1M to report their annual revenue to the Internal Revenue Service (IRS). On the surface this may appear straightforward, but in reality, there are several key aspects that need to be factored in, as all casino transactions must be reported after a 24-hour long period. In relation to this, CasinoSoft decided to digitize on the fillings of taxes that document on winnings, compliance process activities and automate on the financial movements of individual players. Thus, with their ComplianceCore system, Matt Montano, CEO of CasinoSoft, utilized on Mendix low-code to wholly secure and automate relevant Title 31 compliance actions, which systematically monitors on player behaviour and identifies on fraudulent gaming patterns all within a project completion duration of just six months.