Where does compliance sit within a gaming company?
Reuben Portanier, partner at Afilexion Alliance, asks if the compliance function within a business should be part of operations, technology or legal
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- Consider becoming matrix-based: Small outfits should consider matrix instead of vertical structures to ensure compliance and other elements of the gaming operation work as cross-functional teams.
- Build bridges between compliance and the rest of the organisation: Larger operations may consider having a central compliance function, while also having a compliance ‘ambassador’ within each function that acts as a liaison officer between production, operations and compliance.
- Simplify complexity: For those operations licensed in more than three jurisdictions, consider having an in-house compliance implementation team, while being supported by outsourced compliance specialists per jurisdiction, that ensure the company is up to date on compliance developments.
- Consider using team collaborative solutions: Consider using tools that allow document team editing, task tracking and functional task approvals to run projects that involve compliance matters across operations, legal, finance and technology.