What is a Casino Vault?
A casino vault is a chamber used for storing money, these rooms has some of the most advanced security systems on the planet due to the fact that there are millions of dollars stored inside on any given day.
This is in compliance with stringent regulations and industry standards dictating that land-based casinos must not only keep a cash reserve that equals the amount of every active chip on the casino floor, but also the total amount of potential winnings advertised in the casino, plus any payments still owed to previous winners. A casino must be capable of solvency to prove their ability to provide funds when any guest requests upon eligibility.
Casino Vault Explained
There are risks incidental to holding such large amounts of cash in a single location are high, not only because of the possibility of large scale theft, but also concerning the safety of those involved with transporting and storing massive quantities of cash.
As such, each facility is responsible for assessing the associated risks, and furthermore initiating appropriate action for the protection of everything and everyone involved. This complex process involves a wide variety of critical factors, as all elements of the layout and structural requirements of the casino properties must be considered to find a suitable vault and an electronic monitoring system that satisfies the regulatory requirements and industry standards. Success depends on the knowledge, experience, and expertise of the security staff.
A centrally secure land based casino vault and storage facilities are required by law to meet a wide variety of criteria, especially compared to other locations within the casino property, because the greatest amount of cash, valuables, and other assets will be stored within the casino vault. This will also consist of effective and appropriate security measures to ensure protection.
The variety of factors involved consist of the location and size of the casino, which will dictate the type of casino vault and storage facilities required. The casino vault must have the capacity to become integrated into the security system and also have an intruder alarm system, options of time delay locking, closed-circuit monitoring coverage, and limited or restricted access with security codes effectively divided among the most trusted security staff members.
Acquiring an appropriate casino vault and storage facility that meets such strict requirements leaves casino operators with limited options. One costly and time consuming option is to commission a building from scratch, which also requires that a suitable location that meets all the logistic requirements to be secured. This option can include leasing of the suitable premises, which can also be costly and time-consuming just to find the casino vault and storage facility that perfectly meets specific needs to become securely situated upon the ideal location.
The most effective solution to prevent difficulties caused by these issues is to install a modular casino vault and storage facility. These modular solutions are assembled on-site to fit in the allocated space securely with precise specifications that provide a securely controlled environment.
For maximum security and installation flexibility, the modular casino vault offers individual components in a 5-sided solution, which are manufactured to fit the precise specifications of each casino, whether it is a new or existing building. Comprehensive surveys establish exact measurements and customization of furnishings like storage cabinets and rack systems to facilitate effective storage of contents.
Custom-sized grill gates are installed in the wall of the casino vault to ensure maximum security during the high risk events, such as retrieval and putting away of cash and chips. This allows casino staff to pass items through to the inside of the casino vault while the vault door remains securely closed.
Certified air filtering and ventilation is integrated into the construction to facilitate the staff during long hours of stock management procedures, including inventory of contents. This also ensures the perfect storage environment concerning temperature and humidity to prevent decomposition of such items as paper currency and other highly valuable items.
The modular casino vault and storage facility complies with the European security standards (EN1143-1), ensuring European wide approval. All components are validated by an independent testing facility, and then certified to meet the stringent criteria involved in resisting an attack.
The technology developed by today’s modern land-based casinos are so advanced in the improvement of security that other major institutions are adopting these effective solutions, and accomplishing the reduction of security threats exponentially.
Casino vaults are some of the most secure places in the world, many are drill proof, fire proof, and blast proof. Regulatory bodies that oversee the casino’s compliance and adherence to their strict rules and stringent regulations also insist on time delayed locks, thick steel walls, and flooring for all casino vaults and storage facilities.
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