Casino Auditing for Gaming Regulators

When

Feb. 6, 2018, 8:30am to Feb. 8, 2018, 5pm

Office/Remote Location

Second Floor, Classroom 220

Description

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.

Admission Information

Who can attend this event?

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.

Cost is $1,300

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.

 

Contact Information

International Center for Gaming Regulation
Robert Horgan
702-895-2445

Event 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.