Casino Financial Controls

Casino Financial Controls PDF

Author: Steve Durham

Publisher: Pearson

Published: 2010

Total Pages: 0

ISBN-13: 9780131748095

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Every manager and supervisor must be financially literate in order to advance their career in casino management. Managing expenses, a key aspect of performance reviews for managers, relies heavily on the ability to read financial statements. Since there is cash and cash equivalents moving around the casino facility like in no other business, the need for financial literacy is critical in the casino industry. Money exchanges hands at gaming tables and at the cage. Employees assume responsibility for banks and chip racks worth thousands of dollars. Extending credit and issuing comps have a material effect on the profitability of casinos. Money is everywhere and controls must be in place to avoid theft and embezzlement. Incredibly easy-to-understand, Casino Financial Controls: Tracking the Flow of Money gives solid explanations of accounting principles as well as examples of accounting entries. Examples of procedural controls and the reasons for each control are also included and explained in pragmatic terms. The criteria for extending credit or issuing comps are used to avoid serious damage to the bottom line. In addition, pictures and illustrations are included to help the reader to better visualize the reality behind the words.

Casino Accounting and Financial Management

Casino Accounting and Financial Management PDF

Author: E. Malcolm Greenlees

Publisher: University of Nevada Press

Published: 2008-10-01

Total Pages: 655

ISBN-13: 0874177774

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In this work, author E. Malcolm Greenlees provides detailed information about the role of state governments in the regulation of gaming. He also discusses the dominance of slot machines as the major revenue source in most casinos; he provides information about changes in the types and operation of slot machines, as well as accounting procedures for slot revenues. The book covers every aspect of the financial management of a casino, from the details of licensing and regulation to revenue taxation; the management of slot machines and other gaming devices, table games, and betting operations; revenue flows and internal cash controls; cashiering; accounting; and financial reporting. Casino Accounting and Financial Management has been recognized as the essential manual for gaming industry professionals since its first publication in 1988. This 2008 edition is updated throughout and greatly expands the original text, addressing growth and changes in the casino industry as gaming has spread into new venues both nationwide and internationally, incorporated new games and new technology, and become subject to new management policies and new government regulations.

Accounting for Casinos and Gaming

Accounting for Casinos and Gaming PDF

Author: Steven M Bragg

Publisher: Accountingtools, Incorporated

Published: 2019-04-18

Total Pages: 218

ISBN-13: 9781642210262

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Casino and gaming operations have some of the most unique accounting and control issues found in any industry. Accounting for Casinos and Gaming delves into gaming operations, covering those accounting issues most relevant to a gaming entity. Topics covered include the accounting for loyalty and incentive programs, jackpots, chips and tokens, licensing fees, payroll, marker collections, fixed assets, and interest capitalization. The book also addresses gaming controls and federal reporting requirements. This unique resource is ideal for anyone operating a casino or gaming operation, or who wants to learn more about the industry.

Casino Operations Management

Casino Operations Management PDF

Author: Jim Kilby

Publisher: Wiley

Published: 2006-06-12

Total Pages: 416

ISBN-13: 0470073640

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Complete guidance to the ins and outs of gaming operations Management personnel need a thorough understanding of the business side of the casino industry to ensure profits???and to avoid losses. It's a sure bet that Casino Operations Management, Second Edition will help current and future gaming management professionals better serve any casino. Written by experts with over 65 years of combined experience in the field, this Second Edition offers all the critical skills and know-how to equip gaming and casino operators with the knowledge needed for the management office, cage operations, and table game and slot operations. This updated edition features detailed coverage of: Current high-roller marketing tactics and their effect on profitability The effect of popular money management systems on casino profits The initial development process of an Indian casino Studies designed to identify the patronage motives of gamblers, including those of riverboat customers Slot club design: player rating issues, point accumulation schemes, and more Principles of casino floor design: managing table game and slot location Studies designed to measure the profit contribution of popular slot promotions Casino Operations Management, Second Edition uses simplified mathematics and statistics throughout, and provides readers with a thorough understanding of all aspects of the casino industry business. It is a must-have reference for students and casinos that develop managers internally.

Casino Accounting and Financial Management

Casino Accounting and Financial Management PDF

Author: E. Malcolm Greenlees

Publisher:

Published: 2008

Total Pages: 536

ISBN-13:

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Biologist Michael Collins has been studying wild silk moths since he was a boy. This family--which includes the largest and most colorful of the North American moths--led Collins into a long career as a scientist, and has provided him with significant insights into the process by which new species evolve. Moth Catcher is Collins's engaging account of his development as a scientist and of his groundbreaking research. The canyon and pass environments of the American West offer a setting in which, since the last Ice Age, organisms have adapted to new surroundings and where many have formed new species. Collins has discovered in the Sierra Nevada what geneticists call a "hybrid zone" where two species interbreed. This hybrid zone is unusual because both sexes are fertile, unlike lab-bred hybrids between the same silk moth species. Collins explains how such hybrid populations serve as laboratories in nature where the process of speciation can be observed and studied. This book offers a fascinating view into the work of a field scientist and the ways that evolution continues to operate around us. Collins's colorful accounts of his fieldwork will delight any reader who loves the outdoors and is captivated by the diversity and interrelations of the life forms found there. And his passion for his research and the fragile, exquisite creatures that he studies will inspire a new appreciation of the wonders of the natural world and the myriad life forms that occupy it.

Accounting for Casinos and Gaming

Accounting for Casinos and Gaming PDF

Author: Steven M. Bragg

Publisher: Accountingtools, Incorporated

Published: 2022-04-17

Total Pages: 0

ISBN-13: 9781642210873

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Casino and gaming operations have some of the most unique accounting and control issues found in any industry. Accounting for Casinos and Gaming delves into gaming operations, covering those accounting issues most relevant to a gaming entity. Topics covered include the accounting for loyalty and incentive programs, jackpots, chips and tokens, licensing fees, payroll, marker collections, fixed assets, and interest capitalization. The book also addresses gaming controls and federal reporting requirements. This unique resource is ideal for anyone operating a casino or gaming operation, or who wants to learn more about the industry.

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