Casino Auditing Companies
The following is a list of the volumes of the Auditing and Accounting Guide series published by the American Institute of Certified Public Accountants (AICPA). The list was compiled using the resources of the University of Mississippi library. The list also includes titles from the earlier series: AICPA Accounting Guides and AICPA Industry Audit. Our approach and methodology endeavors to provide a comprehensive analysis presented in a simplified and clear assessment of the results. We will provide a comprehensive risk assessment analysis and review of the Casino. Whether the gaming entity is a large commercial casino or a small tribal government enterprise, there are unique accounting, auditing, and financial reporting issues that must be addressed. This guide is an. Includes a comprehensive MICS audit component and incorporates gaming industry audit best practices; Provides an in-depth review to help detect loss and highlight loss risk areas; Save Time and Money. Casino Audit Edge™ incorporates the latest technologies to allow Wipfli/JOSEPH EVE to complete a significant portion of your audit.
Companies in this industry operate gambling facilities or offer gaming activities, including casinos, casino resorts and hotels, bingo halls, lotteries, and off-track betting. Major companies include US-based casino operators Caesars Entertainment, Las Vegas Sands, and MGM Resorts, as well as Lottomatica (Italy), SJM Holdings (Hong Kong), Tatts Group (Australia), and William Hill (UK).
Competitive Landscape
Demand for gambling is driven by consumer income growth and state spending. The profitability of individual companies depends on efficient operations and effective marketing. Large operators have the financial resources to make significant investments in facilities and efficient computer operations; they may also enjoy cross-marketing opportunities. Small gambling facilities can thrive by catering to local residents, who may not be able to afford travel to such gambling centers as Las Vegas or Atlantic City. The industry is concentrated: the top 50 gaming companies hold about 60 percent of the market. The casino hotel market is even more concentrated, with the top 50 firms holding 90 percent of the market.
Products, Operations & Technology
Gaming operators mainly provide a place or a means to play games of chance, where the odds of winning favor the 'house.' Popular casino games are slot machines (slots); video poker; and table games such as roulette, baccarat, blackjack, and craps (dice). The house take on slot machines varies, depending upon the denomination of the slot machine, but generally runs between 5 and 10 percent. The take on most table games may be higher, from 15 to 30 percent. State lottery games are mainly numbers games. State lotteries often retain between 30 and 40 percent of all money bet, according to the National Conference of State Legislatures.This page includes resources for auditing in the gaming industry
Casino Auditing Companies Hiring
Audit Resources
Auditing in the Gaming Industry - PowerPoint presentation
Auditing the Casino Floor: A Handbook for Auditing the Casino Cage Table Games and Slot Operations, 2nd Edition from the IIA
Audit Programs - there are audit programs in our inventory that are available to subscribers. Search on gambling, casinos, gaming etc.
Colorado Department of Revenue Gaming Division - downloadable documents for reporting and controlling casino gaming
Medical Auditing Companies
Casino Auditing Companies Inc
Compliance Audit Manual - from the Lottery Gaming Commission of Malta
Gaming Audit and Accounting Guide from the AICPA
Internal Auditing Guidelines Recommendations on Internal Auditing for Lottery Operators