Home » Financial Performance Review

Financial Performance Review

IRS sets start date for tax season – what this means for casinos

By Kevin Huddleston / January 17, 2019 / 0 Comments

This article was originally published by The Journal of Accountancy by Alistair M. Nevius on January 7, 2019.  When the IRS will start paying refunds The IRS announced on Monday evening that it is prepared to start processing 2018 tax returns on Jan. 28 and that it will pay tax refunds despite the partial shutdown of…

Read More

Gaining a Deeper Insight Into Casino Performance

By Kevin Huddleston / January 1, 2019 / Comments Off on Gaining a Deeper Insight Into Casino Performance

Perspectives and expectations of financial reports Understanding financial statements is not just a role reserved for bean counters, CFOs and your casino’s GM. It’s important that anyone who wants a seat at the table, whether today or as their career grows, is confident in understanding these reports. In two previous articles, we’ve looked at the…

Read More

You Picked Them – Top Five Articles from 2018

By Christine Faria / December 31, 2018 / Comments Off on You Picked Them – Top Five Articles from 2018

We can’t lie (well, we could, but we’re not in this case). The articles below are our most read articles from our weekly industry report during the last 12 months. Our independent judges (uh … that would be Gency), ran the numbers. Who knew that so many people were interested in tax day? Over a…

Read More
Tax Season

No One Likes Tax Season: Why Our Casinos Can Make It Worse For Our Guests

By Kevin Huddleston / February 12, 2018 / Comments Off on No One Likes Tax Season: Why Our Casinos Can Make It Worse For Our Guests

Everyone’s favorite season has just kicked-off! Wait, football season is over!? That’s right; it’s tax season (collective groan). Even us accountants have a bit of dread for tax season. No doubt players club team members, hosts and slot attendants have a similar dread. Every year there are guests that are unhappy about the tax-related information…

Read More
Kevin Huddleston

Understanding Key Financial Statements …

By Kevin Huddleston / October 1, 2017 / Comments Off on Understanding Key Financial Statements …

To make critical decision for your casino operation This may sound weird to many of you, but I LOVE to read and analyze financial statements. I always have. As I understand it though, I am in a very small minority. Many gaming commissioners, board members, tribal council members, and even casino management don’t fully understand…

Read More
Kevin Huddleston

Marketing: A Foreign Language to Finance Folks

By Kevin Huddleston / August 7, 2017 / Comments Off on Marketing: A Foreign Language to Finance Folks

Five ways to bridge the gap between CFOs and marketing departments The gap between CFOs and marketing departments is often much wider than it needs to be. The CFO is trying to make sure the operation is making money, and the marketing department just wants to spend it, right? Here are five suggestions to begin…

Read More
Lock

Properly Safeguarding the Assets of the Casino and Tribe

By Kevin Huddleston / July 1, 2017 / Comments Off on Properly Safeguarding the Assets of the Casino and Tribe

Can your financial statements be reasonably relied upon? I think it might be good to apologize now. This subject isn’t exciting, but like exercise, you have to push through the pain to get the benefit. So grab a glass of water, and let’s plow into this dry subject. Casinos are required to have annual audits.…

Read More