Asset management

Asset management refers to the systematic process of operating, maintaining, upgrading, and disposing of assets cost-effectively. In a casino context, asset management involves the careful handling of various resources, including gaming equipment, property, and financial assets, to ensure optimal performance and profitability. Proper asset management helps in maximizing returns, reducing risks, and improving the overall value of the casino's investments. It encompasses a broad range of activities such as procurement, inventory management, compliance with regulations, and strategic financial planning. By effectively managing assets, casinos can enhance operational efficiency, provide better customer experiences, and achieve long-term business growth.