ISBN-10:
0132135213
ISBN-13:
9780132135214
Pub. Date:
02/28/1996
Publisher:
Prentice Hall Professional Technical Reference
Introduction to Casino and Gaming Operations / Edition 1

Introduction to Casino and Gaming Operations / Edition 1

by Lincoln H. Marshall

Hardcover

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Product Details

ISBN-13: 9780132135214
Publisher: Prentice Hall Professional Technical Reference
Publication date: 02/28/1996
Edition description: Older Edition
Pages: 290
Product dimensions: 7.21(w) x 9.59(h) x 0.78(d)

Table of Contents

Prefacexi
Acknowledgmentsxiii
Chapter 1The Evolution Of Gaming1
Introduction1
Ancient Origins2
Gambling in Europe and England4
Gambling in the United States7
Gambling in the Twentieth Century15
History of Gambling20
Chapter 2Pari-Mutuel and Lottery Operations24
Horse Racing24
Harness Racing28
Quarter Horse Racing30
Conclusion30
Dog Racing31
Advancements in Racing32
Jai Alai33
The Future of Pari-Mutuel Sports34
Lotteries34
Lottery Formats37
National Lotteries38
Instant Lotteries38
Video Lotteries39
Powerball39
The Future of Lotteries and Instant Games40
Chapter 3Slot and Video Operations42
Slot Machines42
Nevada's Slot Machine Payouts43
Characteristics of Slot Players44
Video Lottery Terminals (VLTs)46
Slot Operations47
Slot Clubs48
Marketing50
The Future of Slot Machines51
Chapter 4Games of Chance53
Traditional Games of Chance53
Blackjack53
Poker56
Baccarat58
Roulette60
Craps60
New Games of Chance63
Keno63
Let-It-Ride Stud Poker63
Caribbean Stud Poker64
Pai Gow Poker65
The Future of Pit and Floor Games66
Chapter 5Gaming Regulations68
Introduction68
Nevada71
Gaming Control Board72
Gaming Commission73
Gaming Policy Committee73
Types of Gaming Licenses74
Who Can Be Licensed in Nevada74
Hotel Room Requirements75
New Jersey75
Division of Gaming Enforcement76
Casino Control Commission76
Types of Gaming Licenses77
Hotel Room Requirements77
Conclusion78
Chapter 6Economic Impact of Casinos79
Introduction79
A Few Economic Concerns for the Casino Industry82
Economic Benefits of Tourism83
Infrastructural Costs and Liabilities of Casinos86
Social Costs of Casinos87
Career Opportunities87
Conclusion87
Chapter 7The Sociological Impact of Casino Gambling89
Introduction89
Social Concerns of Gambling90
Why People Gamble91
Compulsive Gambling92
Social Problems Accompanying Gambling94
Deadwood, South Dakota94
Atlantic City, New Jersey95
Underage Gamblers95
Casinos and Criminal Activities96
Negative Impacts of Casino Gambling97
Social Concerns of Casino Employees99
Minorities and Low-Income Individuals100
Future Social Trends100
Conclusion101
Chapter 8Native American Gambling103
Introduction103
Evolution of Indian Gaming104
National Indian Gaming Association106
Indian Gaming Regulatory Act106
Types of Indian Gaming107
The National Indian Gaming Commission108
Pending Legislation and Indian Litigation110
Economic Impact of Gambling on Selected Native American Indian Tribes111
External Concerns112
Social Concerns112
Recent Developments113
Future Trends in Indian Gambling114
Conclusion115
Chapter 9Riverboat and Cruise Ship Gambling117
Introduction117
Riverboat Gambling118
Iowa119
Illinois120
Mississippi120
Louisiana121
Missouri122
Indiana123
Career Opportunities125
Riverboat Conclusion125
Casinos on Cruise Ships126
Types of Cruises and Casino Gambling127
Comparison of Land-Based and Ship Casinos128
Nongaming Cruise Ship Activities128
Games Played on Cruise Ships129
Management of Casinos on Cruise Ships129
Establishing Credit on a Ship130
Cruise Ship Conclusion130
Conclusion131
Chapter 10Casino Marketing and Marketing Promotions133
Marketing133
Product134
Price134
Place134
Promotion135
Casinos' Additional Marketing Needs136
People136
Positioning136
Packaging137
Partnership137
Programming137
Realizing Marketing Potential138
Customer Service138
Marketing Promotions138
Tournaments138
Slot Clubs140
Junkets143
Entertainment143
Foreign Market146
Senior Market147
Conclusion148
Chapter 11Casino Financial and Accounting Control151
History151
Generally Accepted Accounting Principles152
Business Entity153
Element of Measurement153
Going Concern or Continuance of Business153
Conservatism153
Costs153
Realization154
The Materiality Principle154
Matching154
Consistency154
Full Disclosure154
Objective Evidence155
The Accrual and Cash Basis Accounting Principle155
Balance Sheet155
Income Statement155
Statement of Change in Financial Position158
Gaming Table Transactions160
Casino Slot Accounting160
Keno161
Internal Casino Accounting163
Chapter 12Security and Surveillance166
Security166
An Example of Hotel Security170
Surveillance172
Eye in the Sky173
Chapter 13Modern Casino and Gaming Operations176
Introduction176
Definitions178
Customers179
Casino Financial Structure179
Cage Personnel180
Control180
Social Issues181
Regulations183
Quality184
Public Space Requirements184
Layout of Facilities184
Accounting Records184
Table and Slot Drop Counts184
Credit Procedures186
Game Rules186
Employee Licensing186
Gambling Profile187
Human Resources188
Economic Activity189
Niagara Falls Case Study189
1979 New York Gambling Study190
The Niagara Frontier191
Chapter 14Canada -- Gambling in the Provinces194
Introduction194
Casino Gaming195
Windsor196
Niagara Falls197
Casino Niagara198
Problems Generated by Casinos in Canada202
Nova Scotia204
Lotteries205
Horse Racing207
Chapter 15International Casinos211
Introduction211
Casinos in Africa212
Casinos in the Bahamas and the Caribbean213
Overview of Caribbean Casinos214
Compare and Contrast215
Casinos in Puerto Rico217
Casinos in Central and South America218
Casinos in Asia, Pacific Rim Countries, and Australia218
South Korea220
Australia220
Philippines220
Macau222
Malaysia222
New Zealand223
Casinos in Europe223
Taxes Levied226
American Influence on the International Casino Industry226
The Future of International Casinos227
Chapter 16The Future of the Casino Industry230
Introduction230
Casino Environment231
Social Concerns231
Human Resource Concerns232
Educational Concerns233
Regulations234
Geographical Expansion234
Native American Gaming235
Riverboat Casinos235
Technological Trends235
Ethics in the Casino Industry236
Conclusion237
Chapter 17Casino Gambling on the Internet240
Introduction240
Locations of the Internet Casinos241
Major Internet Casino Companies242
Accessing the Internet Casino243
Social Impact of the Internet Casino244
Future Trends in the Internet Casinos245
Conclusion245
Glossary247
Index254

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