• Security

    Security

WLA POSITION ON COVID-19 FOR WLA-SCS AUDITS

Taking into consideration the spread of Covid-19 and the related difficulties in travelling, the WLA SRMC have made the decision to temporarily relax the requirements with regards to WLA-SCS certification audits. For additional information please see the WLA-SCS Crisis Management Guidance below and the accompanying form for remote audit requests.

Enterprise Risk Management in the lottery and gaming sector


Enterprise Risk Management is about thinking ahead, drawing-up different scenarios, evaluating potential impacts and, most importantly, being aware of the risks. Raising the awareness on Enterprise Risk Management (ERM) and providing information to initiate or update plans to recognize and anticipate risks, thereby minimizing their impact, is among the goals of the WLA Security and Risk Management Committee (SRMC).

What has happened and continues to transpire in 2020, regarding the Covid-19 outbreak, has shown us the importance of a good understanding of risks. Being prepared to address a crisis and try to reduce the impact on employees, partners and players is crucial for the lottery and sports betting industries.

In November 2010 Oswald Grübel, CEO of UBS declared “Risk is our business. I can assure you, as long as I’m here, and as long as my colleagues are here, we know about risks”. Ten months later the Bank had to announce losses of $ 2.3 billion due to fraud. Risks should never be un­der­es­ti­mat­ed and get prepared to address critical situation is decisive to avoid disruptive times.

We are in the middle of a wake-up call for the future. Reshaping organizations, reviewing processes, innovating products, and modifying cost and capital investment priorities, together with customer engagement in the new normal, are the immediate operational challenges facing the lottery industry. Risk Management must be taken into consideration and, in doing so, we must think out of the box to mitigate risks and get prepared to face any critical situation that may arise in the future.

WLA survey

In the summer 2020 the WLA has conducted the survey “Risk management in the lottery sector” among its lottery and sports betting members. The aim was to have an industry-wide picture of risk perception and priorities. It resulted that the risk management culture is widespread in the lottery and gaming sector.

Responders demonstrated also to have an optimistic view of the controls identified to mitigate the impact of risks. Nonetheless, in terms of application, only one third of the responders who declared to have a Business Continuity Plan, could affirm that the plan was effective to address the pandemic.

Here below you can download the entire Report drafted by Lottomatica (Italy), Camelot UK (United Kingdom) and FDJ (France).

Report ERM in the lottery sector

Platinum Contributors

  • IGTIGT
  • IntralotIntralot
  • Scientific GamesScientific Games
  • Pollard Banknote LimitedPollard Banknote Limited
  • IntralotIntralot
  • Scientific GamesScientific Games
  • Pollard Banknote LimitedPollard Banknote Limited
  • IGTIGT
  • Scientific GamesScientific Games
  • Pollard Banknote LimitedPollard Banknote Limited
  • IGTIGT
  • IntralotIntralot

Gold Contributors

  • Jumbo InteractiveJumbo Interactive
  • AG TechAG Tech
  • SkilrockSkilrock
  • Carmanah Signs, Inc.Carmanah Signs, Inc.
  • AG TechAG Tech
  • SkilrockSkilrock
  • Carmanah Signs, Inc.Carmanah Signs, Inc.
  • Jumbo InteractiveJumbo Interactive
  • SkilrockSkilrock
  • Carmanah Signs, Inc.Carmanah Signs, Inc.
  • Jumbo InteractiveJumbo Interactive
  • AG TechAG Tech
  • Carmanah Signs, Inc.Carmanah Signs, Inc.
  • Jumbo Interactive
  • AG TechAG Tech
  • SkilrockSkilrock

Lausanne Office

World Lottery Association
Avenue d’Ouchy 4
CH-1006 Lausanne
Switzerland

 
Tel +41 21 312 10 57
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Montreal Office

World Lottery Association
c/o Loto-Québec
500 Sherbrooke Street West
Suite 2000
Montréal, Québec H3A 3G6
Canada

 
Tel +1 514 282 0273
Fax +1 514 873 8999
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