Mergers and acquisitions, aggressive competition, new technology (including internet gaming), more lush and elaborate theme hotel-casino properties, rising costs, complex and evolving regulations, and innovative financing are among the challenges facing owners, operators, developers, and state and local governments.

At PBTK, because of our hands-on operating, financing and systems experience, in multiple jurisdictions, we have greater appreciation for how these opportunities and challenges interact. As a result, our clients get solutions, not research projects.

Since most casino gaming enterprises are also engaged in the lodging and restaurant business, and many have resort facilities, we are deeply involved with the hospitality industry, in general. Of course, casino gaming is the dominant industry in our local market ? and in our practice. But because of our industry expertise and reputation, however, our gaming practice has spread beyond the local market all over the Western Hemisphere, and we have become what we liked to call (for the ten years before our association with Horwath International) an “international firm with only one office.”

Even though the odds are always stacked in favor of the house,
casino gaming is risky business. So don't roll the dice when it comes to selecting accountants and consultants.
Go with experience.

Here is a list of key factors that distinguish our firm, illustrate why we are more than just good auditors, and demonstrate our extensive experience in and commitment to, the gaming industry:

• Our Principals have a long history over which they have earned a solid reputation providing accounting and auditing, regulatory compliance and a wide variety of financial, valuation and operational consulting services to the gaming industry.
• We serve (and have served over many years) as independent auditors, accountants or consultants to many gaming enterprises in several jurisdictions. And our clients include the leading supplier of internet gaming technology and a major equipment leasing company providing financing to the industry. (Client lists and other references are available upon request.)
• We have provided valuable services to, and enjoy an excellent reputation with, gaming regulators in Nevada and many other jurisdictions, for example:

  • We were selected several years ago from a field that included several "Big Six" (now "Big Five") accounting firms to perform (and we did perform) a "quality control review" for the Audit Division of the Nevada State Gaming Control Board.
  • We reviewed the internal control systems of six of the first nine licensees for the Illinois Gaming Board and, in effect, established its defacto minimum internal control standard.
  • We prepared a comprehensive internal audit manual for one of the nation's largest and most successful Native American casinos situated in the mid-west.

• Offer a broad range of consulting services to assist management in ways not usually offered by our competitors, for example, we have designed, selected technology for and installed operating systems, selected and trained personnel and, in fact, got the doors open for business for our clients.
• Recommend realistic and practical solutions to security and other control and operational problems without "red tape" ? solutions that not only improve security over revenues from gaming or other transactions but that can often increase revenues or reduce operating costs, all without sacrificing the integrity of controls.