Gaming solutions for Indian casinos
As an Associate Member of the National Indian Gaming Association (NIGA), LexisNexis Risk Solutions understands the key issues affecting Indian casinos and is actively engaged in helping them find new revenue opportunities and compete more effectively while mitigating risks. There are a number of big changes on the horizon: the emerging iGaming market, the growth of new demographics (millennials), and the imperative to provide more diversified entertainment experiences. LexisNexis provides tools to Indian casinos to navigate this new era in Gaming, while assisting them in managing risk exposure. Below is a brief overview of how we can help. Click on any category headline below for more information about our solutions.
Compliance
- Streamline regulatory compliance: Title 31, Office of Foreign Assets Control (OFAC) and various Gaming regulations
- Meet Know Your Customer (KYC) requirements in land-based casinos and iGaming environments; leverage powerful tools for identity verification and authentication
- Conduct upfront customer screening and continually monitor your loyalty database against various risks such as OFAC lists, global watch lists, Politically Exposed Persons (PEP), and adverse media
- Perform due diligence to identify risky vendors and mitigate risk exposure
Customer Acquisition and Retention
- Register new members faster, increase the accuracy of data flowing into your database and virtually eliminate duplicate records with intuitive Prefill and ID scanning products
- Build, maintain and enhance customer records in your loyalty database for more effective targeting and better campaign performance
- Maintain accurate, up-to-date contact information for your loyalty program members
- Aggregate/integrate information from disparate databases into a single 360-degree view of customer activities
- Increase the ROI of your CRM programs
Credit Risk and Collections
- Confidently issue markers using more in-depth consumer insights
- Safely sign up new players by assessing risk for individuals that cannot be evaluated based on their Gaming credit history or traditional credit data
- Confidently assess whether credit increase requests can be approved for existing customers
- Continually monitor your credit portfolio for new red flags that require re-evaluation of previously extended credit
- Quickly locate debtors and prioritize collections activities for improved results
Security and Fraud Prevention
- Employ powerful investigative tools and data to protect against theft, fraud and physical risks
- Verify and authenticate customer identities and prevent unauthorized access to accounts
- Identify and prevent potential fraudulent transactions without slowing the workflow