By Jim Kilby
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Additional resources for Casino Operations Management
Even though the basic minimum standards are the same, each Nevada casino may have a different way of operating. New Jersey • All systems of internal control are prescribed by statute and leave little room for innovation or changes. qxd 1/8/04 4:32 PM Page 43 ♣♦♥♠♣♦♥♠♣♦♥♠♣♦♥♠ C H A P T E R F O U R Casino Management THE MANAGEMENT PYRAMID One of the keys to success for a casino, or any business venture, is the effectiveness of the management team. The experience and organization of the management team have a direct impact on the profitability of the casino operation.
Qxd 1/8/04 4:29 PM Page 18 18 Chapter 2 Gaming Control In addition to being a privilege to operate a casino, it is also a privilege to work in a casino as a key employee, and to gamble in a casino. Any of these rights can be summarily taken away by the Board and the Commission (Goodwin, 1985, p. 52). All companies, their officers, and principal owners must be licensed or found suitable. Anyone seeking a gaming license must first prepare an application and submit it to Applicant Services, a subdepartment of the Investigations Division.
2. 3. 4. 5. 6. 7. Mortgage holders Landlords Lessors of property and equipment Lenders Junket representatives Those doing business on the premises Those providing goods or services Key Employee Licensing When three or more members of the Commission believe that the public interest would best be served by having a key employee licensed, then the employee must be licensed. 100 is a key employee. 100 to submit an Employee Report. The report includes the following categories of employees who are actively engaged in the administration or supervision of the casino operation: 1.