Casino Accounting and Financial Management


Book Description

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 Management in Integrated Resorts


Book Description

Casino Management in Integrated Resorts introduces students to the changing nature of casino businesses within the framework of an integrated resort or hospitality organisation. In the new integrated casino model, casinos play an important role not only in revenue generation but in supporting the other amenities in the resort, including bars, restaurants, hotels and theme parks. This book brings readers up to speed with the challenges of managing a casino within this rapidly expanding gaming–leisure–tourism industry. It covers a range of essential topics, such as the basic psychology of casino gaming, the role and history of casinos within an integrated resort, staffing, floor design, table and slot game management, control and security, marketing and social impact. Written in an accessible style, this book is suitable for readers with no prior knowledge of, or experience in, casino operations. It will be an essential introductory yet comprehensive resource for all those undertaking casino management courses.







Encyclopedia of Criminology


Book Description

This three-volume work offers a comprehensive review of the pivotal concepts, measures, theories, and practices that comprise criminology and criminal justice. No longer just a subtopic of sociology, criminology has become an independent academic field of study that incorporates scholarship from numerous disciplines including psychology, political science, behavioral science, law, economics, public health, family studies, social work, and many others. The three-volume Encyclopedia of Criminology presents the latest research as well as the traditional topics which reflect the field's multidisciplinary nature in a single, authoritative reference work. More than 525 alphabetically arranged entries by the leading authorities in the discipline comprise this definitive, international resource. The pivotal concepts, measures, theories, and practices of the field are addressed with an emphasis on comparative criminology and criminal justice. While the primary focus of the work is on American criminology and contemporary criminal justice in the United States, extensive global coverage of other nations' justice systems is included, and the increasing international nature of crime is explored thoroughly. Providing the most up-to-date scholarship in addition to the traditional theories on criminology, the Encyclopedia of Criminology is the essential one-stop reference for students and scholars alike to explore the broad expanse of this multidisciplinary field.




Jokers Wild


Book Description

A history and analysis of gambling in the United States from bingo to state lotteries to Indian gaming and the rise of Las Vegas, this book reveals how we have become a nation of gamblers and what the future holds for the gambling industry. From the colonial era to the present, Americans have enjoyed a love-hate relationship with gambling. It is a pastime that has gone from sin to recreational activity, and an industry that has moved from control by organized crime to management by executives with MBAs. While gaming is one of the nation's fastest-growing industries, Barker and Britz predict that this process will slow or stop in the next century as the result of market saturation and unknown social and economic effects which loom over the glitz, glamour, and action. Providing the latest information on the nature and extent of legalized gambling in the United States, this study examines why we gamble and how the relative impact of the activity differs in certain segments of the population. Legalized gambling is, at best, problematic behavior with both good and bad consequences. State-sponsored gambling, both in the form of monopolistic lotteries and in tribal casinos, does to some extent call into question the proper role of the state or tribal nation in promoting a potentially harmful activity among its citizens. States that have looked to legalized gambling as a source of economic salvation may soon experience difficulties as gambling venues multiply and unregulated Internet gambling becomes more widespread.




The Business of Gaming


Book Description

This volume presents a sampling of state-of-the-art business and economic research that the new generation of gaming operations has spawned. Rather than "back of the envelope" and "seat of the pants" management, today's gaming companies rely on strategic planning, ROI analysis, customer tracking systems, focus groups, quantitative analysis, direct mail marketing, and customer service standards to improve performance. As competition for the discretionary dollar has increased, and as gaming has wedged itself into the center of modern entertainment offerings, the need for systematic and scientific analysis in the business of gaming has grown accordingly.




Tales from the Slot Floor, Volume 1: Casino Slot Managers in Their Own Words


Book Description

Slot machines are the backbone of most casinos. They earn the most money and determine the physical layout of the casino floor. The management of slot machines, which includes overseeing employees, selecting machines, designing the playing space, resolving customer disputes, and conducting analyses to improve operations, is a challenging field whose complexity has grown as the machines themselves have become more sophisticated. To better document the current issues in slot management--and the change the field has seen over the past four decades--the University of Nevada, Las Vegas Center for Gaming Research conducted an oral history project. Those interviewed were at all stages of their careers. Drawn from these interviews, Tales from the Slot Floor features slot managers discussing several of the most important issues in today's casino world, including: the optimal layout of a slot floor; the qualities demonstrated by both good and bad managers; what customers want from their visits to the casino; the vendor/casino relationship; appealing to millennials; and what the future holds. In addition, those with long careers share their views on the changes they have seen, and all subjects offer their advice to those embarking on a career in slot management. For those interested in becoming slot managers, or those just curious about how casinos work, Tales from the Slot Floor gives you the inside story of slot operations, from those who do it.




Working in America: Continuity, Conflict, and Change


Book Description

Drawing on a wide range of classic writings and contemporary empirical selections, this text examines important topics in the field and exposes students to examples of sociological research and different theoretical approaches to studying the world of work.




TrumpNation


Book Description

The extensively researched biography that goes beyond the hype to “separate Trump the reality from Trump the reality show” (USA Today). Now with a new introduction by the author, this entertaining look inside the world of Donald Trump is chock full of rip-roaring anecdotes, jaw-dropping quotes, and rigorous research into the business deals, political antics, curious relationships, and complex background of the forty-fifth US president. Granted unprecedented access, Timothy L. O’Brien traveled across the country and up and down the East Coast with Trump on his private jet, wheeled around Palm Beach with him in his Ferrari, and spent hours interviewing him in his home, in his office, and on the golf course. He met with the entrepreneur’s closest friends and most aggressive rivals, while compiling a treasure trove of Trumpisms from the Donald himself: Trump on the public’s enduring fascination with Trump: “There is something crazy, hot, a phenomenon out there about me, but I’m not sure I can define it and I’m not sure I want to.” Trump on naysayers: “You can go ahead and speak to guys who have four-hundred-pound wives at home who are jealous of me, but the guys who really know me know I’m a great builder.” Trump on the art of self-promotion: “You might as well tell people how great you are, because no one else is going to.” Ultimately, when O’Brien’s research revealed that Trump’s business record and annual spot on the Forbes 400 list of richest Americans might be more fantasy than reality, he—like so many others who have dared to tangle with the former host of The Apprentice—found himself in a courtroom. In a new introduction, O’Brien reflects on the recent wave of TrumpMania and updates readers on what it’s like to depose one of the world’s most litigious businessmen—and win.