Gaming Operations: An overview of the Industry

Glimpse into Gaming; Past, Future and Present Anyone game for an insight into the absorbing world of professional gaming and casino management should take a chance on Gaming Operations: An Overview of the Industry, Second Edition. Ideal for hospitality students as well as professionals, this updated book takes a revamped approach on academic and technological trends, as well as the legislative developments governing gambling casinos, while tracing the historical backdrop and the rise of regulated gaming. In particular, a section is devoted to gaming laws and the nature of addiction. Different jurisdictions that serve to promote good industry practices are thoroughly examined, where regulatory frameworks are prescribed to safeguard the disparate stakeholders within the larger community. Unlike most casino operations textbooks, Gaming Operations weds the idiosyncrasies of Asian gaming with modern gaming operations. Understanding gaming behaviour aids gaming operators in positioning the right mix of games in casinos in Asia. The role of casino marketing in drawing customers despite stiff competition is also spotlighted. No chip nor dice is left unturned in this informative read. Salient Feature A casino operations study that incorporates the distinctive viewpoint of Asian gaming while retaining the role western gaming operations play. Provides thorough coverage of the different facets of gambling table games, slot operations, and sports and race books in every chapter to give readers a sound idea of how games are run. Gaming statistics, a key component of gaming operations, is detailed. Readers are taught step-by-step how simple odds are calculated, ranging from simple gaming probability and outcomes to gaming volatility. The impact of gaming on society throughout the ages is documented, and shows how contemporary and future trends might develop. CHAPTER 1 The History of Modern Gaming CHAPTER 2 Gaming Law, Addiction and Control CHAPTER 3 Technological Advancements in Gaming CHAPTER 4 Casino Management CHAPTER 5 Slot Management and Operations CHAPTER 6 Games, Sports and Race Operations CHAPTER 7 Casino Accounting and Auditing CHAPTER 8 Gaming Statistics CHAPTER 9 Consumer Behaviour in Gaming CHAPTER 10 Casino Marketing CHAPTER 11 Impact of Gaming and Future Trends