Assessing fraud risks across a global gaming group
Fraud prevention | read time: 3 min
One of the world’s largest sports betting and gaming groups, operating exclusively in regulated and regulating online and retail markets, engaged GoodCorporation to assess its exposure to fraud and tax evasion risks across its international operations.
With the UK’s failure-to-prevent fraud offence under the Economic Crime and Corporate Transparency Act (ECCTA) now in force, the group wanted to strengthen its approach to managing fraud risks and develop a clearer understanding of its exposure across its international operations.
GoodCorporation carried out a three-stage assessment, covering the group’s UK operations and its wider international operations with a UK nexus. The work provided an updated view of the group’s fraud risk profile and a basis for prioritising further action.
Our approach
The assessment was carried out in three phases. The first, completed in 2024, focused on fraud risks at UK and Group level, covering both inward and outward fraud. GoodCorporation reviewed relevant policies, procedures and other documentation, identified potential areas of risk and developed a fraud risk register.
The second phase, conducted in 2025/26, extended the fraud risk assessment to the rest of the world, covering both inward and outward fraud risks. A tailored questionnaire was sent to all of the group’s subsidiaries, with representatives from 17 subsidiaries consulted to understand how fraud risks arose in practice, how they were being managed and where further attention might be required.
The third phase, completed in 2026, involved updating the 2024 UK and Group-level assessment, with a specific focus on outward fraud risks.
Across the three phases, GoodCorporation combined document analysis with engagement across the group’s international operations. The findings were consolidated and analysed before a workshop was held with key representatives to review and validate the assessment. The findings were then used to finalise the updated fraud risk registers.
Client outcomes
The assessment provided the group with an updated and more comprehensive view of its exposure to fraud risks across its UK operations and its international operations with a UK nexus.
The work provided:
- An updated evaluation of fraud risks, reflecting the group’s current operating environment
- Updated UK and rest-of-world risk registers, providing a consolidated view of identified risks across relevant operations
- Greater visibility of subsidiary-level risks, informed by direct engagement with 17 subsidiaries
- A validated basis for prioritising further action, with the findings reviewed with key representatives before the risk registers were finalised
The assessment also gave the group an independent perspective on its existing approach at a time of heightened regulatory scrutiny and helped strengthen its preparedness for the UK’s failure-to-prevent fraud requirements.
Why it matters
For large international groups, fraud risks can arise across different parts of the business and may vary according to local operations, business practices and regulatory environments.
The UK’s failure-to-prevent fraud offence places greater emphasis on organisations understanding where fraud risks arise and whether reasonable prevention procedures are in place. For groups with complex international operations, assessing risks with a UK nexus is an important part of understanding potential exposure.
A structured and regularly updated risk assessment helps organisations identify where risks are most significant, test whether existing controls remain appropriate and focus management attention on areas where further action may be needed.
How GoodCorporation can help
GoodCorporation helps organisations assess and strengthen their approach to fraud and wider economic crime risks. Our risk assessments combine document review, stakeholder engagement and analysis of business activities to provide a practical view of where risks arise and how effectively they are being managed.
Our work can help organisations prepare for the UK’s failure-to-prevent fraud requirements, strengthen existing fraud prevention procedures and provide independent assurance over their approach to fraud risk management. Find out more about our fraud prevention services or download our Fraud Prevention Framework, which provides a structured approach to assessing and strengthening fraud prevention controls. You can also get in touch with our team to discuss your requirements.
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