Prem Gururajan wants to put his company’s cameras above every blackjack table in the world.
Prem Gururajan wants to put his company’s cameras above every blackjack table in the world.Of course, there are cameras there already: casinos have been using “eye in the sky” systems to record table play for decades. But Prem’s company, Tangam Gaming, goes a crucial step further: its software analyzes data in real time. Tangam’s system sends out instant alerts on errors and cheats, issues reports on dealer activity, and calculates player skill levels and strategies.
Prem founded Tangam as a Waterloo computer engineering undergraduate (BASc ’03), and enrolled in the MBET program to gain skills to help his young company prosper.
He’s had extraordinary success so far, hiring 10 software engineers, raising several million dollars from angel investors, and filing several patents to protect his technology. A crucial endorsement came when Tangam’s system was named best product at the World Game Protection Show in Las Vegas.
Prem is confident that it’s just the beginning: “We’re the first company in the world that can do real-time analysis,” he says. “Our technology can potentially transform this business.”