This interesting story in the RJ caught my eye - a well known casino security expert that has trained many in the industry has been accused of colluding to fix high stakes poker games in Atlantic City.
While an integral part of internal controls and even public safety, we don't hear about much of this stuff and that's why I thought it was worth sharing and discussing.
http://www.lvrj.com/business/9112526.html
Technorati Tags: atlantic city, borgata, gaming industry, poker
Comments
It's almost comical. As a former casino security officer and surveillance operator, I've always been a little leery of "consultants" in that field. The line between the cheats and the consultants seems to be a bit thin in many cases, as the RJ article points out.
Personally, I think there's no real "secret" to good controls. You just need to train your floor personnel to follow procedures, then train your CCTV operators to look for any deviation in the procedures. It's tedious work, but it makes sense.
It's also a cautionary tale: if you want to be in a high-stakes poker game, don't do it in a hotel room--the rake in the poker room is worth the protection.