Casino Management

2495 Words Jun 11th, 2011 10 Pages
Karl Kampendahl
HMT440
Casino Management
Professor Eva Smith
June 16, 2011

Casino Management

Introduction

Casino is no longer an alien word for people who have some idea about gambling. Casino has become a favorite place for a large number of people who want to spend time in recreation activities. The United States is the breeding place for International casinos. People from every part of the world visit the casinos in the United States for gambling purpose. Casino Industry in the US is one of the largest revenue generating industries for the US government.

It is not easy to manage a place where financial transactions of millions of dollars are made every day. Casino management is a challenging task for the casino
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Managing Casinos

Undoubtedly, casino industry is one of the profitable industries in the United States. Setting up a casino with a huge investment may be easier. However, management of casinos requires much groundwork for the casino managers. Traditional way of running the casino is no longer viable in the current scenario. The days have gone when casino meant only a few slot machines for people’s entertainment. Tough competition in the casino industry made the task of casino managers more complex.

The first important step in casino management is finding efficient personnel. They are responsible to manage the daily operations of casino. The manager must be smart, skillful, intelligent and alert. It has been noticed that one manager run several casinos in an area. The obvious reason is the difficult in finding efficient professionals.

Space is a major factor in the casinos. Visitors to casino prefer a broad area, which will make them comfortable to move around. Now-a-days, most of the prominent casinos have bigger buildings and wider space. Floor space should be enough for gaming and other actions. “There are some casinos that have more than 60,000 square feet floors. Caesars Atlantic City provides a 124,720 square foot casino floor space, which is one of the largest gaming areas in Atlantic City. The Harrah’s Atlantic City casino is spread over an 112,918 square feet area” (Hashimoto, et al, 310).
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