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summary
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.

Table of Contents

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  1. Cover
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  1. Title page
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  1. Contents
  2. pp. vii-viii
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  1. Illustrations and Tables
  2. pp. ix-xii
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  1. Preface to 2nd Edition
  2. pp. xii-xvi
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  1. Part I: Background and Environment of Casino Gaming
  2. pp. 1-2
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  1. Chapter 1: Casino History and Operating Environment
  2. pp. 3-34
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  1. Chapter 2: Casino Licensing and Regulation
  2. pp. 35-67
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  1. Chapter 3: Revenue Taxation of Casino Operations
  2. pp. 68-94
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  1. Part II: Accounting for Casino Operation
  2. pp. 95-96
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  1. Chapter 4: Casino Revenue Flows
  2. pp. 97-121
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  1. Chapter 5: Slot Machines and Gaming Devices
  2. pp. 122-156
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  1. Chapter 6: Slot Machine Accounting
  2. pp. 157-200
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  1. Chapter 7: Games Accounting
  2. pp. 201-235
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  1. Chapter 8: Keno Accounting
  2. pp. 236-255
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  1. Chapter 9: Bingo, Poker, Race and Sports Book
  2. pp. 256-270
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  1. Chapter 10: Central Cashiering
  2. pp. 271-297
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  1. Chapter 11: Casino Credit Accounting
  2. pp. 298-316
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  1. Part III: Auditing, Taxation, and Financial Management Issues
  2. pp. 317-318
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  1. Chapter 12: Casino Auditing, Minimum Internal Control Standards, and Financial Reporting
  2. pp. 319-368
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  1. Chapter 13: Gaming Income Taxation
  2. pp. 369-385
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  1. Chapter 14: Managerial Accounting in Casinos
  2. pp. 386-411
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  1. Chapter 15: Currency Transaction Reporting, Suspicious Activity Reporting, and Title 31
  2. pp. 412-432
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  1. Appendix 1: List of States with Casinos, 2005
  2. pp. 433-434
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  1. Appendix 2: Gross Annual Wager of the United States ($ in Millions)
  2. p. 435
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  1. Appendix 3: State-by-State Gaming Profiles, Listed in Chronological Order, by Legalization Date
  2. pp. 436-438
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  1. Appendix 4: Summary of State Laws
  2. pp. 439-440
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  1. Appendix 5: Nevada State Gaming Control Board
  2. pp. 441-442
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  1. Appendix 6: Nevada State Gaming Control Board
  2. pp. 443-444
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  1. Appendix 7: Sample Local Government Gaming Taxes in Nevada
  2. pp. 445-446
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  1. Appendix 8: Summary of State-by-State Gaming Taxes
  2. pp. 447-454
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  1. Appendix 9: Distribution or Earmarking of State Gaming Taxes
  2. pp. 455-457
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  1. Appendix 10: Slot Machines in North America, by Geographic Location and Type of Location
  2. pp. 458-460
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  1. Notes
  2. pp. 461-470
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  1. Gaming Glossary
  2. pp. 471-486
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  1. Selected Bibliography
  2. pp. 487-492
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  1. Index
  2. pp. 493-510
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