KPMG Casino & Gambling Certification: Details for 2024
KPMG Company Info: Overview for 2024
KPMG Global, a renowned name in audit, advisory, and consulting services, was founded in 1987 in the USA. The acronym stands for the surnames of the founding members: Klynveld, Peat, Marwick, and Goerdeler, embodying their expertise and integrity in financial services.
Headquartered in Amstelveen, Netherlands, the firm operates under the leadership of CEO William B. Thomson. KPMG has established itself as trustworthy, providing diverse services including Audit & Assurance, Management Consulting and more, reflecting its reputation for providing comprehensive business solutions.
With a global presence, KPMG continues to influence the industry standards while expanding its service range to accommodate evolving market demands. The company’s commitment to quality and transparency has positioned it as a trusted partner for businesses worldwide.
Company Name: | KPMG Global |
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CEO: | William B.Thomson |
Date Founded: | 1987 |
Established in: | USA |
Founders: | Piet Klynveld, William Barcley Peat, James Marwick, Reinhard Goerdeler |
Headquarters: | Amstelveen, Neteherlands |
Website: | www.kpmg.com |
Phone: | +1 647 438 6817 |
ISO Certification: | ISO/IEC 27001 |
Services: | Audit & Assurance, Advisory, Tax & Legal, Management Consulting, Risk Consulting, NewTech, Accounting Advisory Services, Family-owned Businesses, Real Estate ext. |
KPMG Global holds ISO/IEC 27001 certification. This accreditation, along with its comprehensive service offerings, underscores KPMG’s maintenance of high standards of data integrity and financial legitimacy.
In 2022, KPMG Canada was reported to have advised on most mid-market M&A deals. Another watershed event in KPMG’s history is the merger of its founding firms, which propelled it into the global arena.
The firm’s history is marked by continuous evolution and expansion. Key milestones include significant the opening of new offices worldwide, which have all contributed to KPMG’s global footprint and industry authority.
For a deeper understanding of the firm’s goals and historical milestones, please explore further details in our sections on their objectives and history. These segments offer insights into our strategic direction for this guide.
Today, KPMG remains at the forefront of the industry, driven by a mission to empower clients and communities. Through its global network and industry expertise, KPMG continues to deliver solutions that foster secure and legitimate services.
KPMG’s Core Goals and Values
KPMG’s objectives centre around leveraging deep industry insights and expertise to drive growth and navigate complex challenges. Their policies focus on transforming fresh insights into tangible opportunities, enhancing long-term growth, and maintaining a competitive edge across diverse sectors.
The firm’s commitment extends across various industries including energy, financial services, and healthcare, aiming for transformation through technology and collaboration. KPMG’s approach is tailored to foster resilience, innovation, and sector-specific growth, underpinned by a strong commitment to quality and ethical standards.
KPMG’s core values include:
- Driving industry growth with comprehensive KPMG casino audits and KPMG casino certificates.
- Ensuring transparency and integrity in gaming through KPMG RNG testing.
- Upholding stringent KPMG payout reports for reliable and fair financial practices.
- Promoting sustainable and responsible business operations across sectors.
- Enhancing security and privacy protections to uphold client trust and confidentiality.
In our opinion, KPMG’s objectives and values demonstrate a robust framework for ethical and sustainable business practices. Their focus on quality, innovation, and integrity reflects a forward-thinking approach that aligns with modern business challenges and opportunities.
The emphasis on diversity, collaboration, and excellence across their services not only fosters growth but also instils confidence among clients and stakeholders. This approach ensures KPMG remains a trusted and valuable partner across industries.
Essential History and Company Benchmarks
Since its inception in 1987, KPMG has grown into a global powerhouse, providing audit, tax, and advisory services. The firm’s history is marked by strategic expansions that have cemented its place in the professional services industry.
The merger of Klynveld Main Goerdeler (KMG) and Peat Marwick International was a landmark event that expanded KPMG’s global reach and capabilities. This fusion has enabled KPMG to serve a diverse international client base effectively.
“Our Values are a differentiator at KPMG. When we all live by our Values, we create trust among each other… Ultimately, our Values are core to who we are and what it means to work at KPMG… They inform how we act… and they guide how we work with clients, stakeholders and each other.” KPMC, Core Values
KPMG’s journey is distinguished by continuous innovation and a dedication to addressing complex business challenges. The firm has been at the forefront of industry changes, adapting services to meet evolving market demands and regulatory environments.
The company has received numerous awards for its services, including the ESG Corporate Governance Annual Award 2022-2023 by the Pacific Basin Economic Council (PBEC). KPMG’s commitment to integrity has been recognized globally, showcasing its influence and expertise across industries.
Significant achievements include advancements in cybersecurity, sustainability consulting, and digital transformation, illustrating KPMG’s ability to lead and innovate. These milestones show the firm’s dedication to shaping the future of professional services and contributing to the global business landscape.
- Set a budget for gambling; never exceed your limits.
- Never chase losses; accept them as part of the game.
- Understand the rules and odds of games before playing.
- Balance gambling with other leisure activities and interests.
- Seek help if gambling starts impacting your daily life.
Regions with KPMG Coverage
KPMG operates in over 45 countries, providing comprehensive services tailored to the specific regulations and needs of each jurisdiction. This global reach allows them to offer unparalleled expertise in regulatory compliance and industry best practices.
Their involvement extends to conducting thorough regulatory compliance assessments, ensuring that clients adhere to the stringent standards required in various markets. This commitment to compliance shows in KPMG’s reputation for reliability and trustworthiness.
As new jurisdictions adopt online gambling regulations, KPMG stays ahead by incorporating these into their service offerings. This proactive approach ensures clients remain compliant and competitive in an ever-evolving legal setting.
KPMG’s extensive coverage includes key markets such as Australia, Brazil, Canada, Denmark, Finland, Switzerland, and South Africa. Their comprehensive understanding of local and international regulations makes them a trusted partner in navigating the complexities of the gaming sector.
- Argentina
- Antigua and Barbuda
- Australia
- Azerbaijan
- Bolivia
- Brazil
- Canada
- Chile
- Colombia
- Costa Rica
- Croatia
- Cyprus
- Czech Republic
- Denmark
- Ecuador
- Estonia
- Finland
- France
- Germany
- Gibraltar
- Greece
- Greenland
- Hungary
- India
- Ireland
- Italy
- Japan
- Jersey
- Latvia
- Liechtenstein
- Malaysia
- Malta
- Mauritius
- Netherlands
- New Zeland
- Norway
- Poland
- Portugal
- Andorra
- Seychelles
- Singapore
- Slovakia
- South Africa
- Spain
- Sweden
- Switzerland
- The Isle of Man
- Mexico
- UK
KPMG Compliance Testing Services
KPMG’s Compliance Testing Services represent a cornerstone in ensuring the integrity and transparency of the gaming industry. By leveraging a wide array of professional services including KPMG payout reports, it provides comprehensive technical, security, financial, and legal expertise necessary for thorough compliance evaluations.
These services are critical for maintaining fair play and trust within the gaming community. The subsequent sections delve into specific services offered by KPMG, such as RTP & RNG Audits, Platform Testing, Game Certification, Security Audits, Sports Betting Testing, and Live Dealer Testing.
RTP & RNG Audits
By analysing the data, KPMG provides an objective assessment of each game’s return to player rates, ensuring they remain true to their advertised probability ranges.
The calculation of overall RTPs for different game types forms a critical part of this audit process. This broader analysis allows KPMG to identify any discrepancies or patterns across a range of games, offering a comprehensive view of the casino’s operational integrity.
Typically conducted in monthly intervals, these RTP audits culminate in detailed reports, which are then made public on the gaming platform. This transparency is pivotal in affirming the site’s commitment to fair gaming practices and upholding industry standards.
- RTP Return to Player (RTP) is a term used in the gambling industry to describe the percentage of the total money wagered on a specific game that will be paid back to players over time. It represents the likelihood of winning, where a higher RTP suggests a higher chance of returns.
- RNG A Random Number Generator (RNG) is a computational or physical device designed to generate a sequence of numbers or symbols that cannot be reasonably predicted better than by random chance. It is crucial in gambling, video games, and cryptography, ensuring fairness, unpredictability, and the integrity of results.
Turning to RNG (Random Number Generator) audits, KPMG undertakes these assessments to ensure that casino games operate on a basis of absolute randomness. These audits scrutinize underlying algorithms to verify that outcomes are neither predictable nor manipulable.
The primary goal of RNG audits is to affirm the statistical randomness, unpredictability, and non-repeatability of game outcomes. KPMG employs advanced statistical analysis techniques to examine the RNG sequences, ensuring they meet the rigorous standards required for genuine randomness.
These RNG assessments are essential in maintaining the integrity of games. By verifying that each game complies with the regulatory standards of various jurisdictions, KPMG upholds the legal and ethical framework within which the casino operates.
Ultimately, the success of RNG audits reinforces the gaming industry’s credibility. As KPMG validates the randomness of game outcomes, players gain confidence in the fairness of their gaming experience, fostering a secure and trustworthy environment for online gambling.
Platform Testing
The agency’s platform testing also delves into backup and recovery processes and overall security measures, crucial for maintaining data integrity. Furthermore, KPMG conducts comprehensive regression testing on selected games and tournaments to identify software bugs post-updates, ensuring the platform adapts and improves.
This evaluation guarantees that all facets of a gaming platform, from user interface to backend operations, are robust, secure, and efficient. KPMG’s meticulous approach helps operators enhance user experiences and comply with the stringent regulatory demands of the industry.
Game Certification
The KPMG casino certificates testing process involves an examination of the games’ artwork, rules, and functionalities, ensuring they operate as intended. KPMG also conducts RTP calculations and source code reviews to verify the fairness and randomness of game outcomes.
Emulation and functional testing form part of KPMG’s rigorous evaluation, ensuring games perform under various scenarios and hardware conditions. This level of scrutiny ensures that all games meet international standards of fairness and quality.
Through these evaluations, KPMG provides comprehensive game reports detailing all bets, wins, and RTP figures, offering transparency and reinforcing the integrity of the gaming experience. This certification aids operators in securing their reputation and ensures compliance with global gaming regulations.
Annual Security Audits
The KPMG casino audits cover essential security aspects including information backup, access control, and disaster recovery, alongside incident management procedures and network security controls. This comprehensive approach ensures that every facet of the operator’s infrastructure is secure against potential threats.
Additionally, KPMG evaluates the security of the software development lifecycle and supplier relationships, ensuring end-to-end protection. These areas are critical in maintaining a secure and resilient gaming operation, safeguarding player information and operational data.
Conducted in accordance with ISO/IEC 27001 standards, these security audits affirm KPMG’s commitment to maintaining high security and compliance levels within the gaming industry. By adhering to this international standard, KPMG ensures consistent, reliable security practices across all audited platforms.
Sports Betting Testing
Audit trails and logs are rigorously maintained as part of KPMG’s testing services. These records are essential for resolving disputes, providing transparency, and fostering trust between bettors and operators. They form the backbone of fair and secure sports betting environments.
Key aspects of sports betting and pari-mutuel testing include the evaluation of rules ensuring they match the betting process, the correctness of bet types, and event rules. KPMG’s functional testing covers wager placements, cancellations, odds calculations, and the processing of winnings and refunds for abandoned events.
By covering these critical areas, KPMG ensures that sports betting platforms operate fairly and in accordance with legal standards. Their comprehensive testing protocols are designed to uphold the integrity of sports betting operations, providing a safe and reliable environment for all stakeholders.
Live Dealer Testing
Sampling across various games allows for a comprehensive analysis, covering all possible player outcomes – win, lose, or draw. This ensures every game behaves as expected under real-world conditions.
KPMG’s live dealer testing also includes scrutiny of game outcomes and corresponding logs. This level of detail ensures every aspect of live dealer games is transparent and accountable, maintaining the integrity of gaming operations.
Through their rigorous testing processes, KPMG helps maintain the highest standards in live dealer gaming, ensuring player trust and ongoing compliance with gaming regulations, thus safeguarding the reputation of operators within the industry.
KPMG Certification Process
The cost of KPMG certification varies based on several factors, including the type of certification, scope of services, and complexity of tested systems. These tailored assessments ensure operators meet specific, operator-centric requirements, providing a custom approach to certification.
KPMG maintains confidentiality regarding their pricing structure; however, prospective clients can typically obtain a free quote directly from their official website. This process ensures transparency and allows for tailored service offerings based on individual operator needs.
KPMG’s contact info is readily available for those seeking further details on the certification process. The agency encourages direct communication to provide bespoke advice and support.
While the certification process is complex, it starts with an initial assessment and consultation, leading through various stages of compliance testing and analysis. KPMG’s approach ensures thoroughness and compliance, reinforcing the integrity of the gaming sector and its operators.
Application
The application process at KPMG begins with an initial enquiry from the customer, leading to the provision of comprehensive information about the certification requirements. This crucial first step ensures that applicants understand the scope and standards expected by KPMG.
Following this, a detailed review of the application is conducted to confirm that all necessary information is complete and accurate. Subsequently, a certification agreement is prepared and provided to the gambling operator, requiring their review and formal acceptance before moving forward.
Evaluation
During the evaluation phase, KPMG prepares a structured audit plan tailored to the specific needs and operational facets of the gambling operator. This plan serves as the foundation for a thorough and organized inspection process, ensuring all critical areas are covered.
Should the initial inspection uncover areas needing improvement, a corrective action request is issued. The application then returns to the audit team for necessary adjustments. Once resolved, the revised submission is re-evaluated, ensuring all standards are met before progressing to the certification stage.
Certification
Upon completion of the evaluation, the Certification Manager at KPMG reviews all pertinent information to make the final certification decision. This comprehensive review determines whether the gambling operator meets the rigorous standards set by KPMG.
The outcomes of this review can vary, including the granting, maintaining, extending, reducing, suspending, or withdrawing of certification. Regardless of the decision, KPMG ensures clear communication with the client, providing full transparency and understanding of the certification status and any required actions.
Best KPMG Casinos for 2024
The selection of KPMG certified casinos for 2024 includes market leaders such as bet365, Coral Casino, Ladbrokes Casino, William Hill, Unibet, and more. These platforms are recognized for excellence in security, game variety, and customer service, standing out in the international market.
KPMG Casino | UKGC Gambling Licence | Payout Report | Responsible Gambling | Other Certificates | Casino Awards | Secure Link |
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1. bet365 | eCOGRA | GamCare | SBC Awards Bookmaker of the Year 2022 | |||
2. Coral Casino | eCOGRA | GamCare | N/A | |||
3. Ladbrokes Casino | eCOGRA | GamCare | N/A | |||
4. William Hill | eCOGRA | Gambling Therapy | N/A | |||
5. Hippodorme | eCOGRA | BeGambleAware | Global Gaming Awards London 2023 | |||
6. BetVictor | eCOGRA | GamCare | N/A | |||
7. Unibet | eCOGRA | GamStop | International Gaming Awards Online Poker Operator 2020 | |||
8. 32Red Casino | eCOGRA | GamStop | N/A |
Our criteria for selecting these eight casinos include stringent safety measures, attractive bonuses, diverse game selections, and exceptional customer service. These establishments featuring the KPMG’s Seal of Approval not only meet but often exceed industry standards.
For further details, refer to how to find KPMG approved casinos, and view the complete list of all casinos.
How to Find KPMG Approved Casinos?
Finding KPMG-approved casinos can be straightforward with the right approach. We have thoroughly evaluated the market for UK players, but below you’ll also learn how to identify these casinos on your own.
- Step 1: Open the Casino Start by visiting the casino’s official website directly or through your preferred search engine.
- Step 2: Go to the Footer of the Homepage Scroll down to the bottom where certifications and affiliations are typically listed.
- Step 3: Look for the Logo of Trisigma A visible KPMG logo indicates the casino’s compliance and certification.
- Step 4: Or Go to the Responsible Gambling Page Certified casinos often list their accreditations here.
- Step 5: Or Check the Terms & Conditions Page Look for mentions of KPMG certification within the legal text.
Some casinos go a step further by uploading their RNG certificate or KPMG payout report directly to their website. If present, these documents provide tangible proof of the casino’s commitment to fairness and transparency.
When KPMG approves a casino, this is usually indicated by the presence of their certification logo on the casino’s footer or within key informational pages like Terms & Conditions or Responsible Gambling section. This endorsement supplements any casino’s adherence to regulatory standards.
By following these steps, you can independently verify a casino’s KPMG certification, giving you peace of mind that the platform operates to the highest standards of fairness and security. Always look for these indicators to ensure a safe and enjoyable gaming experience.
KPMG’s Seal of Approval
KPMG’s certifications, such as the KPMG casino certificates, are highly sought after in the gambling industry, representing a commitment to fairness, security, and responsible gaming. These endorsements reassure players of the casino’s integrity and reliability.
The “KPMG Certified” seal, as it appears on approved sites, signifies that the casino has undergone rigorous testing and audits to ensure compliance with industry standards. This seal is a testament to the casino’s dedication to upholding the highest levels of safety.
While KPMG is renowned for its work within the gambling sector, its audit and certification services extend beyond, catering to various other industries. However, within the context of online gambling, the KPMG seal is a clear indicator of a trustworthy and secure platform.
All KPMG Casinos Available Online
Our exhaustive list includes all casinos that have received KPMG certification, ensuring they meet our stringent standards for security and fairness. We strive to keep this list current, but if you spot any discrepancies, please don’t hesitate to contact us. Below, you’ll find our updated list of KPMG-certified casinos.
- bet365
- Coral Casino
- Ladbrokes Casino
- William Hill
- Hippodrome
- BetVictor
- Unibet
- 32Red Casino
- 888casino
- Betfair
- Genting Casino
- Maria Casino
- Poker Stars
- LeoVegas
Advantages and Disadvantages of KPMG Casino Certification
When considering whether KPMG-certified casinos meet your gaming needs, it’s essential to weigh their merits and limitations. KPMG, a leader in audit, tax, and advisory services, brings a unique set of strengths to the casino certification process.
- Global Recognition
- Comprehensive Audits
- Regulatory Expertise
- Technological Insight
- Industry Experience
- Player Safety
- Undisclosed Pricing
- Limited Site Information
KPMG’s certificates are highly regarded in the iGaming sector, with reputable casinos undergoing independent testing. KPMG stands out in the crowded field of gambling certification, thanks to its extensive industry experience, cutting-edge technological assessments, and deep understanding of global regulatory landscapes.
Frequently Asked Questions
In this section, we address some of the most common queries regarding KPMG and its casino certification process. These answers will provide clarity and further insight into the services KPMG offers within the gaming sector.
What does a KPMG casino certificate do?
A KPMG casino certificate signifies that an operator maintains transparency and offers fair games. This certification is the result of extensive testing and analysis by KPMG, covering aspects like payouts, system analytics, and RNG algorithms. These processes ensure that the operator adheres to industry standards, emphasizing the vital role of comprehensive testing services in the iGaming industry.
How does KPMG keep players secure?
KPMG safeguards players by enforcing stringent testing and certification services that compel casinos to adhere to strict guidelines for fair and responsible gambling, as well as financial transparency. This ongoing oversight, including regular audits, solidifies a casino's commitment to security. Highlighting the agency’s key objectives of player protection, KPMG ensures a safe and fair gaming environment.
Where is KPMG accredited and licensed?
KPMG has earned accreditation and licensing in over 145 jurisdictions globally with more than 270,000 employees, demonstrating their capability to navigate and comply with various international gambling legislations. This extensive reach, detailed in our jurisdictions overview, allows KPMG to offer unparalleled services worldwide.
What are the top KPMG audited casino platforms?
Renowned for their commitment to fairness and security, the top casino platforms audited by KPMG set the industry standard. These platforms, listed in our top KPMG audited casinos section, are celebrated for their rigorous compliance and customer-centric operations.
How can I find KPMG casinos?
Identifying casinos audited by KPMG can be straightforward when you know the signs. Look for the KPMG certification logo typically displayed on the casino's homepage or within their accreditation section, signifying their adherence to high standards of fairness and security.
What does KPMG stand for?
The acronym KPMG represents the surnames of the founding members: Klynveld, Peat, Marwick, and Goerdeler, reflecting the firm’s rich heritage and commitment to integrity. Dive deeper into their history and values in our company info section.
What is the Importance of KPMG RNG Testing?
KPMG's RNG (Random Number Generator) testing is crucial in ensuring that casino games are fair and outcomes are completely random. This testing, part of KPMG RNG auditing services, helps maintain the integrity of games, ensuring they meet stringent industry standards and provide a fair playing field for all participants.
How Does KPMG Ensure Casino Payout Accuracy?
KPMG ensures casino payout accuracy through detailed audits and payout reports, which assess and verify the correctness of payouts to players. This process not only reinforces the transparency of casino operations but also builds trust among players by confirming that winnings are paid out correctly and promptly.
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