Group launches a new portal to prevent fraud and money
reported by Yogonet.com
United Kingdom -
GB Groups, European provider of electronic age and
identity verification solutions for the gaming industry,
has launched a new portal providing the latest news and
advice on combating identity fraud and money laundering.
It also carries useful case studies and industry statistics.
offers specific guidance to gaming organizations on dealing
with customers efficiently while meeting legal requirements.
In addition, it provides information on GB Groups
award-winning web-based age and identity verification
service is designed to prevent identity fraud and money
laundering and is already in use by leading gaming industry
players including Betfair and Partygaming. Developed by
GB Group with BT, the service removes the need for paper-based
identity checks by matching information against a comprehensive
list of personal data in a matter of seconds.
service is powered by GB Groups Authenticator search
engine and decision making software, which accesses a
comprehensive range of identity data. Hosted through BTs
secure webservices platform, URU helps organizations to
protect themselves from the growing problem of identity
theft and money laundering.
Laurence, managing director of GB Groups Data Authentication
division, said: UK Government and the Financial
Services Authority have made it abundantly clear that
organizations must adequately identify who theyre
dealing with to combat identity fraud, comply with anti-money
laundering legislation and protect vulnerable people.
added: Failure to do this can result in fines, which
are often made public, and other legal action that can
seriously damage reputations.
new portal will enable businesses to stay up-to-date with
the Proceeds of Crime Act and the FSAs Know
Your Customer regulations. It will also provide
information on how organizations are doing this using
the latest technology including our URU service, accepted
as an innovative and powerful on-line identity verification
Resorts Comments on Favorable Court Ruling
New York - Empire Resorts, Inc. has confirmed that
the U.S. Supreme Court had rejected appeals by individuals
protesting a law, signed by Governor George Pataki in
October 2001, authorizing the creation of casinos in the
Catskills. In turning away these appeals, the Supreme
Court upheld the right of the governor to negotiate gaming
compacts with Native American tribes under a 1988 federal
P. Hanlon, CEO and president of Empire Resorts, stated,
"This ruling, which was expected, removes an outstanding
legal overhang related to the legitimacy of Native American
casinos in New York. This was the last stop in a long
effort to derail Native American gaming in New York through
court challenges. We will continue to move forward, working
with our Native American partners, to bring a casino resort
to the Catskills as soon as possible."
Empire Resorts, Inc.
operates the Monticello Raceway and is involved in the
development of other legal gaming venues in New York.
Empire opened Mighty M Gaming at the Raceway site on June
30, 2004. This facility features over 1,500 video gaming
machines and amenities such as a 350-seat buffet and live
entertainment. Empire is also working to develop a $500
million "Class III" Native American casino and
resort on a site adjacent to the Raceway and other gaming
and non-gaming resort projects in the Catskills region
and other areas.