Publisher's Synopsis
With the casino industry′s potential for huge profits and huge losses comes an urgent need for informed management personnel with a thorough understanding of all aspects of the business. Written by experts with years of experience in the field, this book equips current and future gaming management professionals with a firm and complete grasp of casino operations around the management office, in the cage, and at the tables. It features detailed coverage of:
- In–house organizational structure, responsibilities, and staffing
- Key management tools such as table game hold, player rating systems, and more
- Gaming taxes and regulatory controls (Nevada and New Jersey covered separately)
- Accounting and currency reporting methods
- Cage operations, from granting credit to collections and settlements
- Slot management, table games, sports book and racing operations
- Game mathematics and statistics including probabilities, variances, and standard deviations
- Casino marketing techniques
