Betting & Gaming Security
The betting and gaming industry is facing two challenges.
On the one hand, it is experiencing massive growth as governments relax barriers to entry and the betting tax is abolished. On the other, it has become a fiercely competitive business with razor thin margins that leave positively no room for error or loss.
Yet betting and gaming is also a cash-driven industry - a magnet for fraudsters. And every penny lost through deception or outright theft can mean the difference between staying in business, or not.
Security issues
In other words, security is paramount. Not just as it relates to employee screening, on-site vigilance and investigations into fraudulent activity. But in terms of data protection, legislative compliance and the need for meticulous record keeping.
Operators have to worry about client data winding up in the wrong hands; losing a licence as a result of a legislative oversight; or for incomplete records undermining their defence in the event of litigation.
Infractions of legislation can result in operators losing their ‘fit and proper’ designation, and losing their permits. No permit. No business. So you could say that watertight security is one of the single largest contributors to the financial health of individual betting and gaming enterprises.
Over the years, GSS has developed an area of expertise in the industry through its:
- Audits of training, safety and security measures to independently ensure controls are in place should litigation arise.
- Due diligence on major business transactions and credit applications.
- Investigations of suspicious activity and evidence gathering (see case history).
- IT consulting on data security, system integrity and electronic game (fruit machine) checks.
- Reviews of existing safety and security policies to ensure full compliance.
- Safety and security training so that staff are always working at peak performance and remain alert to opportunistic behaviour.
If you would like to discuss betting and gaming security issues an initial consultation implies no commitment to proceed and our discretion is assured.
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