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Showing posts with the label loss prevention

Loss prevention

I had another great question submit it to me by email. This reader wanted to know what, if anything, I knew about loss prevention. I assume that he meant at local retail stores, although most large hotel casinos will have gift shops and other retail or point-of-sale locations, where surveillance may perform loss prevention duties in conjunction with security. It turns out I know quite a bit about the loss prevention landscape out there, having work for a large retailer doing loss prevention in the 90s. I won't say the exact name of this retailer, but their name rhymes with small heart. You figure it out. What I learned from them, and what I have learned subsequently to that, is that while surveillance and loss prevention may be necessary to the operation of a large retail store, just as they are in a casino, they are not something that management or ownership wants to spend any money on. All gaming jurisdictions require casinos to have a certain level of surveillance, by law. Th...