Issue link: http://osercommunicationsgroup.uberflip.com/i/172482
Tuesday, September 24, 2013 Gaming News CRIME INSURANCE: GREAT AMERICAN ISN'T A GAMBLE, IT'S AN INVESTMENT "Armed robber steals $1.5 million in high value poker chips from Bellagio"— LA Times, Feb 3, 2011 "Unknown man steals $33 million from Australia's largest casino"—MSN News, April 13, 2013 "Police search for a suspect in theft of $1.6 million in chips from the Venetian"—LA Weekly, Oct 23, 2012 "Former employees accused of taking more than $400,000 from Hollywood Casino"—WLWT.com (Cincinnati), Nov 1, 2012 Nothing energizes the nightly news quite like casino crime. While it's tempting to blame it all on George Clooney and the charismatic cast of "Ocean's 11," business fraud as a whole is a larger, more complex and much costlier issue. From skimming to forgery to property theft to check tampering to vendor fraud, the impact is devastating: in 2011 alone, organizations around the globe lost an estimated $3.5 trillion to fraud. Don't gamble what you can't afford to lose Perhaps more astonishing fact is that nearly half of organizations victimized by crime didn't recover any of their fraud losses. Crime-related losses are not typically covered by most property insurance policies. So what's behind the reluctance to make the modest investment in a specialized crime policy that could have made all the difference? One of the hardest things for business owners to accept is that employee dishonesty―a huge and costly component of commercial fraud―can, does, and will happen to them. Disciplined hiring practices won't be enough to protect even the most careful employer: 87 percent of fraudsters have never been charged or convicted of a prior offense. Fraud perpetrators can be trusted colleagues with more than a decade of loyal service; in fact, it's those workers who account for the highest average dollar loss. A business owner who values and respects his employees need not feel like the purchase of a crime insurance policy M3 TECHNOLOGY SOLUTIONS INTRODUCES CLOUD-BASED SYSTEMS FOR CASH AND KIOSK MANAGEMENT Many G2E attendees will already be familiar with M3 Technology Systems, but for those that aren't, here's an introduction: M3 Technology Solutions is a small company led by President Kent Bowden and a group of industry veterans, headquartered in Norman, Okla., with offices in and around Atlantic City, Las Vegas, in Illinois, and in the Seattle area, where the company develops hardware and software solutions for the gaming industry. The software solutions that M3 Techology Solutions offers are for slot accounting, loyalty programs (player clubs), and cash management. Hardware solutions include interface boards for slot machines, computers, and redemption and financial kiosks. Here at G2E, the company is introducing its brand-new route management system, which allows managers to monitor multiple gaming locations. RMS is a cloud-based application that uses a High Games (Cont'd. from p. 12) Super Symbols are inspired by Super Stacks, one of High 5 Games' most ground breaking features. Super Stacks makes for compelling game play, as long stacks of symbols are more prone than ever to show up on reels to create big wins, complete with stunning animated graphics. Super Stacks wowed the industry when the feature was first introduced on smash hits Black Widow and Golden Goddess. Both these games rapidly rose proven and mature technology adapted for the needs of the gaming industry. Using the M3 Technology Systems RMS, someone can log in from their office or from home to monitor kiosks and gaming machines, both for financial and accounting purposes and for maintenance purposes. The product also allows for easy money management and machine performance analysis. "This is particularly advantageous for operators who have relatively small numbers of machines at multiple locations because they can provide central management that allows them to monitor operations and correct issues without a visit to the locations," says Bowden. M3 Technologies is also introducing an upgrade to the Vault. The Vault is a money management system that's been redesigned with cloud-based central management software for tracking the money for cage and redemption terminals. "This up the charts and were named IGT's top performers in 2011. Super Stacks remains a tried and true feature and continues to create leading games that delight players around the world. High 5 Games' two recent megahits, Shadow of the Panther and Jaguar Princess, both feature Super Stacks, which undoubtedly helped bring them into the spotlight and earn them recognition. Shadow of the Panther has proudly gone on to be named High 5 Games' top performing game in history, based on 25 is either an admission or an accusation of guilt―any more than the purchase of car insurance brands the driver as an accident waiting to happen. It's just business. And it's good business. Responsible risk management is alive and well in all successful businesses, regardless of industry, size or scope. Responsible risk management Risk management must also be responsive to the realities of the workplace and unfortunately, a tough economy can make fraud seem like a viable solution to unpaid bills, tuition fees, costly health care or loss of a job. Employees can slip from solvent to bankrupt in a heartbeat and find themselves facing choices that were unimaginable just yesterday. The two of the most common circumstances associated with fraudulent conduct are financial difficulties and living beyond one's means―and who isn't a heartbeat away from either one? The gaming industry understands better than any other the difference between a good bet and a bad one: don't gamble more than you can afford to lose. To a responsible business owner, crime insurance isn't a luxury: it's a necessity. For more information, stop by booth 4110 and visit us at www.crimeinsurance.com. is not a new product, but the cloud-based multi-site management end of it is new to the gaming industry," Bowden says. "This product is unique on the market, and there's been strong demand for this in the gaming industry, because it dramatically reduces the cost of the casino's software and IT infrastructure." M3 Techology Solutions prides itself on its nimble ability to partner with clients to create custom technology or to customize applications to create greater efficiencies for its clients. "That's something you get with us because we're a group of industry veterans with a great deal of expertise," Bowden says. "Another thing you get with us is that our product is much more robust in its feature offerings than anything offered by any other company, and it's one of only a very few kiosk management products available in the market right now that has all the features required by operations and management." For more information, visit the website at www.m3ts.com. During G2E, find M3 Technology Solutions in booth 1317. casino sales and performance, stealing the slot throne from former forerunner, Golden Goddess. Based on the overwhelming success of H5G games featuring Super Stacks, it's possible that once Super Symbols releases, it could become High 5 Games' most popular slot feature to date. Stay tuned for the release of Ocean's Glory and Super Symbols, coming this year. For more information, visit booth 2627, or go online to www.high5games.com.