Part III: Business & Regulation · Gaming Regulation & Compliance
Risk-Based Approach (RBA)
Compliance
An AML compliance methodology that directs casinos to allocate their compliance resources proportionally to the level of identified risk. Rather than applying the same level of scrutiny to all customers and transactions, a risk-based approach allows casinos to focus enhanced controls on high-risk areas while simplifying procedures for low-risk relationships. The RBA requires casinos to categorize players into low, medium, and high-risk groups based on factors such as transaction volume, betting behavior, geographic origin, and customer characteristics, and to apply differentiated controls accordingly.
Related terms
More in Compliance
Risk Assessment·Internal Controls·Segregation of Duties·Audit Trail·Regulatory Examination·Compliance Training·Recordkeeping·Threshold Reporting
One entry from the Casino Industry Glossary — 1,157 terms written for surveillance, compliance and operations professionals rather than for players. Definitions describe industry usage; where a term carries a regulatory meaning, verify against the instrument that governs your jurisdiction.