Earle Hall, CEO of AXES.ai, was interviewed by host Adam Torres on the Mission Matters Innovation Podcast.
Beverly Hills , May 02, 2022 (GLOBE NEWSWIRE) -- In this insightful conversation, Earle Hall shares how AXES is making the land-based gaming industry safer, more accountable, and even more fun.
Listen to the full interview of Earle Hall with Adam Torres on the Mission Matters Innovation Podcast.
What mission matters to you?
Hall says his team’s mission is to bring greater legitimacy to the land-based gaming industry through traceability and transparency of transactions, all in an effort to eliminate money laundering and addictive gambling.
How did you get started on the path of FinTech and gaming?
Twelve years ago, Hall notes, some changes in the law required land-based gaming transactions to be stored and traced to encourage cashless gaming. His team was working to solve the same issue in Mexico when the new law was enacted, at which point they realized the simplest solution would be to develop a cloud-based system to address it. They began developing the product in 2006, and over the next five years, they produced a closed loop, cloud-based cashless solution. As of 2022, AXES now provides fintech services to more than 40 countries.
The casino industry’s current landscape
Hall explains that the casino industry has always been a closed-loop system, but due to the COVID-19 pandemic, the land-based gaming industry has begun exploring open-loop models and now must...
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Source: Adam Torres / Co-Founder
Release ID: 250204