Presentation on theme: "In the next few minutes we’ll teach you how to: Maximize your RFID Solution Take the profit out of counterfeiting Keep accurate track of your chip inventory."— Presentation transcript:
In the next few minutes we’ll teach you how to: Maximize your RFID Solution Take the profit out of counterfeiting Keep accurate track of your chip inventory And so much more
Three security issues concerning Casinos today are: Counterfeiting Employee Theft Larceny …but before discussing these issues and our solutions, we will demonstrate chip scanning…
CHIP SCANNING Your Cx3 powered computer can continue to scan until it sees RFID tags… When RFID tags are seen, serial numbers are read and processed… AF3245C7 B496F28A C96DAF84 926BE82A Now that you have seen how chip scanning happens, let’s move on to our first issue…
COUNTERFEITING No matter how perfect a counterfeit chip may look, if it has no RFID tag, it will not be recognized or processed by Cx3…
COUNTERFEITING If the counterfeit chip was created perfectly, AND somehow contains a bogus RFID tag, Cx3 still cannot be fooled… AF3245C7 B496F28A C96DAF84 926BE82A Cx3 can notify you if the serial numbers just scanned are unknown… These chips are unknown…
COUNTERFEITING …even if the counterfeit chip was created by painting over one of your existing chips, Cx3 is still on the ball… AF3245C7 B496F28A C96DAF84 926BE82A Cx3 tells you the denomination it knows to be associated with the scanned serial numbers… Thee look like $25 chips… These are really $5 chips… These “look” like $25 chips… According to serial numbers, these are $5 chips…
COUNTERFEITING In fact, even if a counterfeiter were able to: Cx3 would alert you of the database intrusion, and inform you of any changes… Thee look like $25 chips… These are really $5 chips… Create a truly authentic looking counterfeit… Somehow, embed a valid RFID tag… Bypass all of YOUR internal security and hack YOUR secure corporate database…
COUNTERFEITING Remove the profit… Counterfeiting goes away!
Whether Employee Theft is the result of an accidental invalid payout, or outright theft of chips, the consequence is lost revenue. EMPLOYEE THEFT Along with counterfeiting and larceny, this cost the global gaming community a projected $300 million during 2005. According to research conducted by Price- Waterhouse Cooper, the cumulative loss from 2006 through 2010 will exceed $1.9 billion
EMPLOYEE THEFT As demonstrated previously, our Cx3 software verifies every RFID chip scanned… Is the serial number valid ? What denomination is in our database ? But that’s just the tip of the iceberg…
EMPLOYEE THEFT Every transaction is recorded to continue the security and validation process. AF3245C7 B496F28A C96DAF84 926BE82A $300 Scanned $25 x 12 = $300 CASH OUT $300 Cash Out Transaction Recorded…
EMPLOYEE THEFT Cx3 alerts your personnel of the transaction value, and provides them full detail showing the count of each chip denomination… but it does so much more to protect your assets… YOU define transaction types… YOU define transaction conflicts… YOU define your business rules… For Example… I defined a “CASH OUT” transaction… I defined a business rule that says “CASH OUT” chips cannot be “CASH OUT” again before they are recorded in a “BUY IN” or “FILL” transaction.
EMPLOYEE THEFT Reduce the likelihood of invalid payouts By displaying transaction details, Cx3 is a verification step designed to help reduce accidental overpayment. Eliminate chip theft If a chip marked as part of a “CASH OUT” transaction appears at another cage window to be redeemed, or at a table to be wagered before a corresponding “BUY IN” or “FILL” transaction, surveillance is alerted.
EMPLOYEE THEFT …and Cx3 does away with another problem facing casinos
So far, we have shown how Cx3 protects you against some very serious issues… Counterfeiting Employee Theft Larceny LARCENY In the gambling mecca of Las Vegas, there are an average of 18 casino robberies each year. Although these criminals rarely succeed, their recklessness affects personnel and patrons alike. …and Cx3 is there to help keep this heinous crime from ever happening to you…
LARCENY Although Cx3 cannot eliminate larceny, we can eliminate profit of larcenous behavior. Full implementation of Cx3 grants perpetual knowledge of every gaming token wherever you have RFID scanners.
LARCENY If chips are stolen from a table, cage window, or anywhere else with chips and scanners… simply set the last transaction type for each of the missing chips to “STOLEN”. The next time those gaming tokens appear, surveillance can be immediately notified… AF3245C7 B496F28A C96DAF84 926BE82A These chips were stolen! Stolen chips on table 5 Security alerted!
It’s about THE SECURITY… Cx3 is designed to: Heighten your security measures. Protect you against fraud and larceny. Immediately alert surveillance of infractions. Provide complete audit detail of all transactions. AND… Keep accurate records of where each and every chip was last known to be. It’s about THE CUSTOMER… Cx3 runs silently and efficiently in the background, allowing your employees to return their focus to the customer… It’s about time…