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Gambling Career (Financial End)

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January 12th, 2012 at 3:57:28 PM permalink
rebelaccountant
Member since: Jan 12, 2012
Threads: 8
Posts: 32
Long time reader first time poster!!

I'm currently working on a Master's Degree in Accounting, and despite my knowledge of house edge, volatility, etc. I've developed an affinity for going to the casinos (doesn't hurt that I live within an hour's drive from Tunica). I usually play BJ and VP with basic strategy and a halfway attempts at Wonging in and out while watching my friends blow through their bankrolls. I'm maybe a bit ahead if comps and a few big nights are taken into account.

My question, though, is about trying get into the industry on the other side possibly as a forensic accountant or auditor for a casino in the Gulf Coast region. I've got a two year contract for doing external banking audits once I graduate, but I don't plan to stay in public accounting for the long term. Any advice or tips would be greatly appreciated!!!

Thanks and love the site!
Hotty Toddy!!!
January 12th, 2012 at 4:38:34 PM permalink
AZDuffman
Member since: Nov 2, 2009
Threads: 153
Posts: 2912
Quote: rebelaccountant
Long time reader first time poster!!

I'm currently working on a Master's Degree in Accounting, and despite my knowledge of house edge, volatility, etc. I've developed an affinity for going to the casinos (doesn't hurt that I live within an hour's drive from Tunica). I usually play BJ and VP with basic strategy and a halfway attempts at Wonging in and out while watching my friends blow through their bankrolls. I'm maybe a bit ahead if comps and a few big nights are taken into account.

My question, though, is about trying get into the industry on the other side possibly as a forensic accountant or auditor for a casino in the Gulf Coast region. I've got a two year contract for doing external banking audits once I graduate, but I don't plan to stay in public accounting for the long term. Any advice or tips would be greatly appreciated!!!

Thanks and love the site!


I'd say it is like any other hard to get job. You need to get inside the casino and then be able to see their internal job postings. Try for a weekend gig doing anything, even working in the kitfchen. My thought is you will have to be in regular accounting to prove yourself first.
"The Roman Empire wasn't planned, but neither did it 'just happen.'"
January 12th, 2012 at 5:14:01 PM permalink
FleaStiff
Member since: Oct 19, 2009
Threads: 75
Posts: 4822
Who would be your employer? I doubt casinos hire forensic accountants... I would imagine a law firm would handle that and would outsource something to a specialized CPA firm or something. Oh, I imagine casinos do have accountants on their payrolls and do perform routine audits but if you really want specialized, major work I don't think they would have auditors like that on the payroll.

You would probably make some contacts in your bank auditing days to come.
January 12th, 2012 at 5:55:02 PM permalink
Paigowdan
Member since: Apr 28, 2010
Threads: 54
Posts: 2130
Casino operators may indeed be interested in such skills, don't assume.
Many postings are public. Apply online:
Station Casinos
Boyd Gaming
etc...
Seek and ye shall find....
Gambling doesn't build character, it reveals..no character. But a lot of characters.
January 12th, 2012 at 6:09:28 PM permalink
MrV
Member since: Feb 13, 2010
Threads: 58
Posts: 804
Contact an accountant placement service, such as Robert Half.
January 12th, 2012 at 6:15:30 PM permalink
dm
Member since: Apr 29, 2010
Threads: 14
Posts: 699
Contact the casinos directly, show them that you know accounting and GAMBLING, and I bet they will try to find a place for you. Be thinking in the meantime
how your accounting skills can be brought to bear on cheating dealers, suits, and etc., that's as an adjective, not verb.
January 12th, 2012 at 6:17:06 PM permalink
dm
Member since: Apr 29, 2010
Threads: 14
Posts: 699
Quote: Paigowdan
Casino operators may indeed be interested in such skills, don't assume.
Many postings are public. Apply online:
Station Casinos
Boyd Gaming
etc...
Seek and ye shall find....



Dan, you are at Fiesta Henderson, and what shift 1/20 - 1/24. I must look you up.
January 13th, 2012 at 5:27:47 PM permalink
rebelaccountant
Member since: Jan 12, 2012
Threads: 8
Posts: 32
Thanks for all the advice!!

I'll definitively keep everything in mind. Hopefully in two years I'll have some good contacts
Hotty Toddy!!!
January 13th, 2012 at 5:56:37 PM permalink
rudeboyoi
Member since: Mar 28, 2010
Threads: 17
Posts: 577
i have a bachelors degree in accounting. i applied for an internal auditing job with boyd gaming before. they had 3 candidates including me and they took the person who applied internally already working at some other job there. if that helps any.
January 13th, 2012 at 6:02:01 PM permalink
Paigowdan
Member since: Apr 28, 2010
Threads: 54
Posts: 2130
Quote: dm
Quote: Paigowdan
Casino operators may indeed be interested in such skills, don't assume.
Many postings are public. Apply online:
Station Casinos
Boyd Gaming
etc...
Seek and ye shall find....



Dan, you are at Fiesta Henderson, and what shift 1/20 - 1/24. I must look you up.

Thursday through Monday, 7PM to 3AM, normally on Craps or Pai Gow Poker. Break for 20 mins every hour. You can reach me here with PM.
One college-educated crap dealer (from Bulgaria) I used to work with, (focus on accounting and finance), became a financial analyst with the casino operator.
Gambling doesn't build character, it reveals..no character. But a lot of characters.
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Bovada is the only Internet casino endorsed by the Wizard.
Here are my reasons why and my promise of support.