Type of Submission

Refereed Article


Gaming has become one of the fastest-growing segments of the hospitality industry. In addition, an enormous amount of cash changes hands in the daily operation of a casino. Therefore, internal control practices, especially those concerning cash revenue flows, are important. Through literature searches, gaming control boards and commissions' regulations, manuals of various casino operations, and personal industry experience, this conceptual piece is written to address the regulations set by gaming authorities and discuss some of the minimum standards for internal control. It will then review the accounting functions of a casino, the principal revenue flow, the importance of cashiering, and the control practices used in the opening and closing procedures for table games.