New alliance to provide compliance services in the Caribbean

Professional business services supplier Spectrum Gaming Group and international anti-money laundering consulting firm ComplianceAid have formed a strategic alliance to provide gaming regulatory, anti-money-laundering and compliance-related services to casinos, online gaming companies, lotteries, banks and gaming regulators throughout the Caribbean and other jurisdictions.

“We each provide critical services required by regulators throughout the world. Working together, we can provide comprehensive, cost-effective solutions that our clients demand,” Spectrum Managing Director Fredric Gushin said Wednesday.

“There is a growing market for our services throughout the Caribbean as legalized gaming and lotteries grow,” ComplianceAid President Michelle Martin said. “We are looking forward to working with Spectrum to offer our clients a greater range of services to help the market grow in a regulatory and operationally sound environment.”

Services offered through the Spectrum-ComplianceAid strategic alliance include:

* Anti-money-laundering risk assessments
* Development of compliance and related programs that meet international standards
* Assisting banks and financial institutions in evaluating gaming customers
* First-tier or second-tier patron due diligence
* Due diligence for finance agencies
* Economic citizenship due diligence
* Other services for governments, private-sector clients, banks and financial institutions.

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