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Casino Accounting and Financial Management

Casino Accounting and Financial Management
Author: E. Malcolm Greenlees
Publisher: University of Nevada Press
Total Pages: 655
Release: 2008-10-01
Genre: Business & Economics
ISBN: 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.


Casino Accounting and Financial Management

Casino Accounting and Financial Management
Author: E. Malcolm Greenlees
Publisher:
Total Pages: 536
Release: 2008
Genre: Casinos
ISBN:

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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
Total Pages: 0
Release: 2010
Genre: Casinos
ISBN: 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.


An Introduction to Casino Operations Management from a Compliance Perspective

An Introduction to Casino Operations Management from a Compliance Perspective
Author: Gelitha J. Ferguson
Publisher: Strategic Book Publishing Rights Agency
Total Pages: 41
Release: 2014-05-19
Genre: Business & Economics
ISBN: 1625168926

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Casino Operations Management is an intriguing yet mystifying multi-trillion dollar industry worldwide. But little is known or documented about how this thriving industry is operated and managed. What goes on behind the scenes of these operations? For years casino operators were known for their connections to the underworld. On the surface, the intrigue and behind-the-scenes mystery of the operations of these entities could appear dark and sinister in the minds of many. But individuals are sometimes drawn to darkness ... GamingInParadise.com is a virtual Casino Operations Management training conglomerate located in a land shrouded in mystery-filled intrigue, which is nestled on the Isle of Enchantment. The Isle of Enchantment is a part of a chain of islands called the Bahamas, which is comprised of 700 islands sprinkled over 100,000 square miles of ocean, starting just 50 miles off the coast of Florida. These beautiful islands have been described as another world, where visitors can't tell where dreams begin and reality ends. As you walk through the luscious landscape of the Isle of Enchantment, you enter the unknown world of a gamers' paradise. About the Author First-time author Gelitha J. Ferguson of Nassau is an internationally certified compliance professional/general counsel, with a combined 24-year career in professional management in the regulatory and supervisory environments, the gaming industry, banking and finance, compliance and anti-money laundering/terrorist financing solutions at regional and international levels. She has extensive specialized training from leading regulatory institutions in the U.S.A., Canada, Switzerland, London, and the Bahamas. Publisher's website: http: //sbprabooks.com/GelithaJFerguson


Accounting for Casinos and Gaming

Accounting for Casinos and Gaming
Author: Steven M. Bragg
Publisher: Accounting Tools
Total Pages: 210
Release: 2016-01-02
Genre: Business & Economics
ISBN: 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.


Audit and Accounting Guide

Audit and Accounting Guide
Author: AICPA
Publisher: John Wiley & Sons
Total Pages: 400
Release: 2018-11-27
Genre: Business & Economics
ISBN: 1948306107

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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. Developed by leading experts, this guide delivers "how-to" strategies for handling audit and accounting issues common to entities in the gaming industry, so accounts and financial managers can provide high-quality services to their clients. Updated for recent auditing standards, this guide summarizes new standards, guidance and practices, explaining 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. Key benefits include: Provides important technical guidance, summarizes new standards and practices, and delivers how-to advice for handling audit and accounting issues that will be critical to your success. Offers clear and practical guidance on recent developments in areas such as online gaming and governmental gaming entities. Includes helpful industry coverage of the New Jersey Casino Redevelopment Authority, currency transaction reporting in the gaming industry, the tribal gaming industry, lotteries, and analytical procedures and internal controls unique to the gaming industry. Includes an appendix that highlights FASB ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606). Includes an appendix that contains the finalized revenue recognition implementation issues specific to gaming entities.


Accounting and Financial Management

Accounting and Financial Management
Author: Peter Harris
Publisher: Routledge
Total Pages: 352
Release: 2012-05-31
Genre: Business & Economics
ISBN: 1136431543

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Accounting and Financial Management: developments in the international hospitality industry presents new and innovative research and developments in the field of accounting and financial management as it relates to the work of managing enterprises and organisations in the international hospitality industry. The content contains contributions from a rich source of international researchers, academics and practitioners including, university and college lecturers, professional accountants and consultants and senior managers involved in a wide range of teaching, scholarship, research, and consultancy in the hospitality industry worldwide. The material is drawn from their work and experience and relates directly to the management of hospitality undertakings. Therefore the up to date case studies and examples used are taken from a wide ranging of companies across the industry including large international chains such as Sheraton, Holiday Inn, and Intercontinental. Divided into three parts: Performance Management, Information Management and Asset Management the book tackles the following issues amongst others: * Performance management in the international hospitality industry * Benchmarking: measuring financial success * The profit planning framework * Making room rate pricing decisions * Hotel asset management UK and US perspectives * Lowering risk to enhance hospitality firm value Accounting and Financial Management: developments in the international hospitality industry presents current developments drawn from a combination of live fieldwork and practical experience and therefore will content will appeal to a wide-ranging readership including practising managers and financial controllers in hospitality organisations, professional accountants and consultants, postgraduate candidates studying for master's degrees in hospitality management, and final year undergraduate students of hospitality management who elect to take an accounting option.


Accounting for Casinos and Gaming

Accounting for Casinos and Gaming
Author: Steven M Bragg
Publisher: Accountingtools, Incorporated
Total Pages: 218
Release: 2019-04-18
Genre:
ISBN: 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.


Accounting for Casinos and Gaming

Accounting for Casinos and Gaming
Author: Steven M. Bragg
Publisher: Accountingtools, Incorporated
Total Pages: 0
Release: 2022-04-17
Genre: Business & Economics
ISBN: 9781642210873

Download Accounting for Casinos and Gaming Book in PDF, ePub and Kindle

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.


Audit and Accounting Guide: Gaming 2017

Audit and Accounting Guide: Gaming 2017
Author: AICPA
Publisher: John Wiley & Sons
Total Pages: 322
Release: 2017-11-20
Genre: Business & Economics
ISBN: 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.