Casino Auditing for Gaming Regulators


Nov. 14, 2017, 8:30am to Nov. 16, 2017, 5pm

Office/Remote Location

Classroom #220


Casino Auditing for Gaming Regulators

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.

Day One:

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

  • 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.
  • Casino Management Systems. 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.

Day Three:

  • Understanding Table Games Statistics. Attendees will learn about house advantages of various games, techniques used to analyze statistical information and the impacts of credit play and promotional schemes.
  • Understanding Slot Machine Statistics. This session discusses the development of theoretical hold percentages, analyzing actual hold percentages and the impacts of progressive payouts, bonus pays and other promotions.
  • 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.


Dennis Amerine, CPA is a former Member of the Nevada Gaming Control Board and Chief of the Board’s Audit Division. He has assisted numerous governments around the world in the development of internationally accepted regulatory standards and has trained hundreds of regulators on the essentials of regulating the casino gaming industry.

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.

Rick Hector has over 30 years of experience auditing casinos for the Internal Revenue Service and has provided training for hundreds of gaming regulators around the world.

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.

*Instructors are subject to change.


$1,300 - The fee includes all classroom materials and a certificate of completion from the University of Nevada, Las Vegas. A continental breakfast, lunch and afternoon refreshments each day will also be provided. All other expenses, including airfare, ground transportation, evening meals and incidentals are the responsibility of the participant.

Admission Information

This "regulatory only" program is available exclusively for gaming regulators and policy makers who work in a commercial, tribal or international gaming jurisdiction. No industry or operator participation. Gaming Control Board and Commission members, or other governmental officials, with regulatory oversight or policy making responsibilities, are also welcome to attend.

Contact Information

International Center for Gaming Regulation
Robert Horgan

Event Sponsor

The International Center for Gaming Regulation was founded by the International Gaming Institute and the William S. Boyd School of Law, 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.