| Spectrum fields a full complement of experienced executives to help our casino development clients as projects move from conceptual planning to fully operational businesses. Our team of gaming professionals -- with extensive experience in accounting, operations, regulation, law-enforcement, slot technology and media relations, among many other disciplines -- has developed, planned and opened many casinos worldwide, and has provided clients with the tools to develop viable casino projects that will comfortably withstand governmental licensing scrutiny, attract defined gaming markets and be financially profitable.
Casino openings are extremely challenging technically, but tremendously rewarding once successfully accomplished. With its expertise in all aspects of casino gaming, Spectrum can guide its clients through this difficult process.
In the pre-development phases of casino projects, Spectrum typically performs market analysis to identify and measure potential gaming markets, develop preliminary marketing plans and business plans inclusive of detailed financial projections, and begins to assemble license application packages for submission to governmental agencies. We also typically are retained to conduct preliminary and detailed project feasibility studies.
As projects move through the architectural planning stages, Spectrum determines the optimum mix of table games and electronic games based on its market research for each project, lays out the casino floor and casino back-of-the-house spaces, and refines the casino plan so that it will be aesthetically pleasing to the gaming patron and efficient for casino operations. Spectrum also provides assistance to project architects in positioning food, beverage and entertainment outlets adjacent to the casino floor.
Spectrum provides input and expertise in the preparation of customized operating procedures, which are unique to casino operations and vital in smoothly, and efficiently opening a casino and shaping its markets. These procedures relate to, among many other areas, the following:
- Rules of the games
- Casino marketing
- Issuance of casino complimentaries
- Casino credit practices, procedures and controls
- Surveillance systems and procedures
- Security and handling of gaming equipment
- Security procedures regarding electronic gaming
- Internal control procedures
- Separation of responsibilities in casino operations
- Currency transaction reporting compliance
- Operating procedures to cost effectively comply with gaming regulations and management information reporting requirements
Once controls are drafted and approved, Spectrum's consultants assist in the implementation of the controls so that the entire casino will function efficiently.
Spectrum also provides a variety of services after gaming operations have begun to assist management in carrying out its oversight and fiduciary responsibilities. Our services in this regard includes:
- Strategic Planning
- Compliance and Management Audits
- Market Analysis
- Staffing Analysis
- Financial Performance Analysis
- Casino related investigations namely, casino cheating and swindling, credit and junket fraud, and money laundering
For further information on Spectrum's Services for Gaming
Enterprises, please fill out our online form, or call us at 609-926-5100. |
