Casino Audit - February 2020


Feb. 4, 2020 - Feb. 6, 2020, 8:30am to 5pm

Office/Remote Location

First Floor, Casino Lab


Casino Auditing

The objective of this three-day course is to provide attendees with an in-depth understanding of the complexities of auditing casinos from a regulatory perspective. Attendees will also learn the process of developing effective internal control standards using a risk-based approach. Course agenda*:

Day One:

- Casino Management Systems and Financial Accounting. Attendees will learn the fundamentals of a casino management system, ticket-in; ticket-out systems, cage and credit operations, financial reporting systems and risks for fraudulent activity.

- Planning a Casino Regulatory Audit & Assessing Risk. Attendees will learn effective aspects of effectively planning an audit, assess key risk factors, and development of audit programs.

- Casino Internal Control Standards. Attendees will learn how to use a risk-based approach for developing and evaluating casino internal control standards, assessing mitigating controls and consideration of cost-benefit factors.

Day Two:

- Cage Operations. Attendees will learn the components of cage operations, including analyzing typical cage documentation.

- Credit Play and Collections. This session provides insights into the extension of casino credit and the collection process, including understanding the pitfalls.

- Analyzing Casino Financial Statements. This session examines the types of financial information typically developed in the casino environment, key components of financial information, and analytical tools for analyzing financial information.

- Understanding Table Games Performance. Attendees will learn about house advantages of various games, techniques used to analyze statistical information and the impacts of credit play and promotional schemes

Day Three:

- Understanding Slot Machine Performance. This session discusses the development of theoretical hold percentages, analyzing actual hold percentages and the impacts of progressive payouts, bonus pays and other promotions.

- Internal Audit Function. This session analyzes the casino internal audit function, including assessing independence, evaluating the effectiveness of internal audit and using internal audit results in determining the scope of a regulatory audit.

*Daily schedule may change based on instructor availability.


Lynda Hartzell, CPA; CFE is a former Chief of the Nevada Gaming Control Board’s Audit Division. She has served as a consulting manager for a CPA firm, a Senior Accountant and Senior Audit Manager.

Kim McCabe has over 20 years of progressive experience in the Gaming Industry and is a Certified Public Accountant and Certified Anti-Money Laundering Specialist with extensive experience in regulatory compliance.

Stephanie Maddocks is an expert in casino IT systems. She has assisted numerous casinos in the implementation of casino management systems and the integration of systems within the resort casino environment.


[1] Instructors are subject to change.


Are there recommended accommodations?

In addition to the large number of hotels located on the Las Vegas Strip, a number of participants choose to stay at hotels that are within walking distance of the Stan Fulton Building:
Hyatt Place Las Vegas
Embassy Suites by Hilton

There are also several hotels within a 5-minute uber/taxi ride:
The Westin Las Vegas
The Hard Rock Resort & Casino
Bally's Hotel & Casino

Is transportation or parking available?

We encourage participants to arrive either by taxi, Uber or Lyft. However, parking passes can be provided for a limited number of spaces on the UNLV campus.

What is the attire for the program?

The attire is business casual.

What is the refund policy?

1. In the event a course is canceled, registrants will be notified as soon as possible and receive a full refund of their registration fee. The International Center for Gaming Regulation is not responsible for any travel and related expenses or other expenses incurred by any participant due to a course cancellation.

2. A service fee of Twenty Percent (20%) will apply to all participant initiated cancellations received three (3) weeks prior to the event.

3. A service fee of Fifty Percent (50%) will apply to all participant initiated cancellations received two (2) weeks (14 days or less) prior to the event. In the event you need to cancel, you may substitute another person to attend in your place. However, you will need to inform us in writing no later than two (2) business days prior to the start of the event.

4. All cancellations and refund requests must be made in writing. Refunds granted for credit card charges will be credited to the original account charged. No refunds will be given in the event of “No Shows.” Refunds may take up to 4 weeks for processing.

Where can I contact the organizer with any questions?

For additional questions, please contact Craig Ferreira, Operations and Marketing Manager, International Center for Gaming Regulation: or (702) 895-2445.



Admission Information

Who can attend this event?

This event is open to anyone, hwoever it is designed from a regulator point of view.Gaming Control Board and Commission members, or other governmental officials, with regulatory oversight or policy making responsibilities, are also welcome to attend.

What is included in the registration fee?

The fee includes all classroom materials, a certificate of completion from the University of Nevada, Las Vegas, and lunches. All other expenses, including airfare, ground transportation, evening meals and incidentals are the responsibility of the participant

Contact Information

International Center for Gaming Regulation
Craig Ferreira

External Sponsor

The International Center for Gaming Regulation is one of three research centers within the International Gaming Institute, on the campus of the University of Nevada, Las Vegas. The Center's mission is to promote research and learning in the areas of gaming regulation in jurisdictions around the world.