21.03.2024

by Adam Dworak

Everi Compliance Enhances AML Efforts at Great Canadian Entertainment Properties

Everi Holdings, a leader in providing comprehensive solutions for the casino gaming industry, has announced a significant partnership with Great Canadian Entertainment.

This collaboration will see the deployment of Everi’s advanced Anti-Money Laundering (AML) solution, Everi Compliance, at Great Canadian’s prestigious Casino New Brunswick and Casino Nova Scotia locations.

Setting the Standard for AML Compliance

Everi Compliance stands out as the most extensively adopted AML software in the gaming sector across North America, with its implementation in over 600 gaming properties. This widespread usage underscores the software’s sophistication and effectiveness in meeting the critical compliance needs of the gaming industry.

Darren Simmons, Executive Vice President and FinTech Business Leader at Everi, expressed enthusiasm about the partnership, stating, “Everi is delighted to be selected by Great Canadian, Canada’s premier gaming and hospitality company, as their AML Solution provider. We have made significant investments in our RegTech business and are proud to work with multiple Canadian operators to achieve higher levels of compliance.”

This collaboration is a testament to Everi’s commitment to adapting to the dynamic regulatory environment in Canada and providing robust solutions that ensure compliance.

Choosing the Right AML Solution

The selection of Everi Compliance by Great Canadian was the result of a meticulous evaluation process. Sukvinder Singh, Chief Compliance Officer at Great Canadian, highlighted the decision-making process, saying, “We evaluated various AML solutions in our selection process and determined that the Everi Compliance solution best fits our needs.” This choice reflects Great Canadian’s dedication to enhancing their AML program and ensuring the highest standards of regulatory compliance at their Atlantic properties.

A Partnership for Enhanced Compliance and Innovation

The collaboration between Everi Holdings Inc. and Great Canadian Entertainment is more than just a business agreement; it’s a strategic alliance aimed at bolstering AML efforts within the gaming industry. By leveraging Everi’s state-of-the-art AML solution, Great Canadian Entertainment is set to elevate the compliance framework at its Casino New Brunswick and Casino Nova Scotia properties, ensuring a secure and responsible gaming environment.

Our Comment on the Article

The partnership between Everi Holdings Inc. and Great Canadian Entertainment marks a significant step forward in the advancement of AML compliance within the gaming industry. By choosing Everi Compliance, Great Canadian demonstrates its commitment to maintaining the highest standards of regulatory adherence and player protection.

This collaboration not only enhances the compliance capabilities at Great Canadian’s properties but also sets a precedent for the adoption of sophisticated AML solutions across the gaming sector. As the regulatory landscape continues to evolve, such partnerships will be crucial in navigating the complexities of compliance and ensuring the integrity of gaming operations.

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