This course is designed for students who are interested in application of probabilities, statistics and other quantitative methods in issues that arise in legal commercial industries, especially, in casino industry. Students are expected to be able use the appropriate math tools learnt in the course to analyse the performance of casino games, casino promotions/comps, VIP programs, as well as to monitor and identify suspicious casino tables, etc. They are also expected to be able design a new casino game that is feasible and profitable in the casino floor.

CILO-1: Apply mathematical skills to solve commercial casino problems. CILO-2: Choose the appropriate math tools to analyze a new game, estimate the critical performance measurements related to casino industry. CILO-3: Choose the appropriate math tools to analyze the cost and revenue of a promotion, including VIP program.