Betsson’s profitable growth stems from the company’s willingness to strive for continuous improvement. The online gaming industry is permanently exposed to a fast-changing environment such as juridical systems, seasonal variations and currency fluctuations. To handle these changes, it is essential that we have the ability to learn and adapt, and that our customers feel secure and comfortable with our gaming products and payment solutions. This must permeate the whole company and the group’s combined customer offerings. The internal audits of Betsson’s controls and other activities therefore form an integral part of our day-to-day operations.
As a complement to the internal audits, our operations are also monitored by a number of independent parties. Betsson is licensed to operate in Malta by the Lotteries and Gaming Authorities (LGA). In order to receive and keep a licence such as this, the company’s routines and processes have to meet certain quality requirements. LGA checks our operations to ensure that the company meets these requirements. Betsson is also certified in accordance with VISA and Mastercard’s regulations, collaborates with several large banks and is also PCI-compatible for secure transactions. This means that all
card details are handled securely and that we meet the most stringent requirements on payments, deposits and withdrawals. The games that are available at Betsson and those that are supplied by subcontractors are certified and monitored continuously by third parties to ensure fair and correct play. To guarantee that the poker software generates random numbers, it is monitored continuously by independent controllers.
The audit committee has overall responsibility for ensuring that the established principles for internal audits are followed. The group CEO and CFO are responsible for taking appropriate measures in order to maintain our internal audits at an effective level. Each department is responsible for implementing the internal audits in their respective areas of responsibility, based on specific requirements. Audits are reported continuously at all levels of the company.