Casino Accounting and Financial Management

Casino Accounting and Financial Management

Author: E. Malcolm Greenlees

Publisher: University of Nevada Press

Published: 2008-10-01

Total Pages: 627

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

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.


Accounting for Casinos and Gaming

Accounting for Casinos and Gaming

Author: Steven M. Bragg

Publisher: Accounting Tools

Published: 2016-01-02

Total Pages: 210

ISBN-13: 9781938910678

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This book provides an overview of gaming operations, and describes 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.


Casino Accounting and Financial Management

Casino Accounting and Financial Management

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.


Casino Financial Controls

Casino Financial Controls

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.


Casinos

Casinos

Author: American Institute of Certified Public Accountants. Gaming Industry Special Committee

Publisher:

Published: 2004

Total Pages: 140

ISBN-13:

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Audit and Accounting Guide: Gaming 2017

Audit and Accounting Guide: Gaming 2017

Author: AICPA

Publisher: John Wiley & Sons

Published: 2017-11-20

Total Pages: 322

ISBN-13: 1945498919

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Most of the accounting and financial reporting practices of entities undertaking gaming or gaming-related activities (collectively referred to as “gaming entities”) are essentially the same as those of other industries. However, some activities of gaming entities are unique. Updated for recent auditing standards, including SAS No. 132, The Auditor’s Consideration of an Entity’s Ability to Continue as a Going Concern, this guide explains the numerous activities specific to gaming entities and provides information regarding accounting and auditing for many types of gaming industry issues. Also included are illustrative independent auditor’s reports and financial statements of both a non-governmental gaming entity and a governmental gaming entity.


Casino Industry in Asia Pacific

Casino Industry in Asia Pacific

Author: Kaye Sung Chon

Publisher: Routledge

Published: 2012-11-12

Total Pages: 258

ISBN-13: 1136420517

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This single volume gives you comprehensive information on Asia-Pacific gaming! Casino Industry in Asia Pacific: Development, Operation, and Impact is a one-of-a-kind comprehensive review of the gaming industry in various countries in the Asia-Pacific region. This valuable resource thoroughly details the history, the operational issues, and the impact of casino gaming in Australia, Korea, Macao, and Southeast Asia—and the Pachinko phenomenon in Japan. International authorities discuss crucial issues that involve policy makers and casino developers, allowing industry players a global perspective as they consider various important viewpoints in their long-range planning. Casino Industry in Asia Pacific is organized into three sections: Development, Operation, and Impact. Chapters in the Development section provide a thorough history of gaming for Australia, Japan, Korea, Macao, and Southeast Asia. Laws and regulations are also reviewed for each location. In the Operation section, each chapter analyzes an important casino operational issue, including regulations, licensing and due diligence, internal control and auditing, and rolling commissions. The last section reviews the economic and social impacts for various regions. Chinese culture and gaming are also examined in detail to illustrate the intertwined relationship between gaming and people’s daily life. Extensive bibliographies, helpful tables, and fascinating photographs are also included. Casino Industry in Asia Pacific discusses: casino history and gaming legislation in Australia, Korea, and Macao Japan’s form of gambling—Pachinko gaming in Southeast Asia suggestions for Asian gaming jurisdictions casino licensing investigations accounting, internal controls, and casino auditing the use of non-negotiable chips the societal and economic impacts of gaming in Australia the impacts of casinos in Korea gaming and Chinese culture Casino Industry in Asia Pacific: Development, Operation, and Impact is an essential resource for graduate students, advanced undergraduate students, educators, researchers, gaming policymakers and lobbyists, concerned civic organization leaders and members, casino developers and executives, hotel professionals, travel and tourism professionals, and anyone interested in the gaming industry.