Rahn & Associates understands the complexities of casino operations and will develop a risk management program tailored to your specific needs
Casinos and Insurance operate on very similar business principals. Each relies on the probability theory of the law of large numbers. A casino may lose money in a single spin of the roulette wheel, but its earnings will tend towards a predictable percentage over a large number of spins. Insurance works in a similar fashion, the insurer hopes to collect more premium paying out in losses.
Casinos are always looking to control risk and evaluate where the losses could incur. With over 25 years of experience in the casino industry, Rahn & Associates understands the complexities of casino operations. The risk is not in operating the games, its about the facilities, the labor force, cyber defense, parking/valet/transportation, food and beverage, entertainment, hotel, promotions, special events, security and many other variables that confront daily operations.
Let Rahn & Associates conduct a policy review of your current program and show you how to evaluate and transfer risk.