Gaming

The gaming industry is changing at a rapid pace and FGMK is ready to be your partner to help you stay ahead of the curve.

The landscape in the gaming industry is constantly evolving due to local, state, and national regulations. Supreme Court decisions and local governments are creating new opportunities in the gaming industry for the expansion of legal gambling and sports betting. FGMK possesses valuable experience in the gaming industry, which we will utilize to help you grow your business while meeting your regulatory reporting requirements.

FGMK’s professionals understand the uniqueness of the gaming industry, with clients ranging from terminal operators to horse racing tracks.

FGMK CAN ASSIST YOU AND YOUR TEAM BY:

Assisting with, or preparing monthly, quarterly, and annual financial reporting, and analyzing the results
Assisting with tax compliance and structuring, including planning for the effects of the changes in tax laws
Condensing procedures which require significant amounts of time to simple tasks through applications designed by our Data Management group
Consulting with your financial team to select appropriate revenue recognition, disclosure items relevant to the industry, and other accounting policies, as well as assist in their efficient implementation so you can continue to focus on growing your business

Designing and implementing procedures to provide controls for the various cycles which exist around the handling of large amounts of cash. Our Risk and Controls group also performs operational control and regulatory compliance reviews
Identifying opportunities to minimize tax obligations on the federal and state and local levels, including assisting with identifying and obtaining tax credits for investments and job creation
Working as a team with lenders and private equity partners and providing strategic succession planning and structuring

Whether your needs include tax expertise, accounting or audit services, applying industry-specific accounting principles, creating compensation plans, implementing process improvements, restructuring and aligning your organization, implementing information technology and cybersecurity, conducting mergers and acquisitions or succession planning, FGMK partners with you to develop solutions that work. Our industry-focused approach, implemented by experienced professionals who work closely together, helps us identify and respond to key performance and business issues by delivering audit, tax or advisory services without delay.

TAX REFORM

The passage and enactment of the Tax Cuts and Jobs Act (the “Act”) in December 2017 provided sweeping changes in virtually all areas of the federal tax code. FGMK provides proactive planning and compliance services in accordance with the provisions of the Act.

FGMK is a leading professional services firm providing assurance, tax and advisory services to privately held businesses, global public companies, entrepreneurs, high-net-worth individuals, and not-for-profit organizations. FGMK is among the largest accounting firms in Chicago and one of the top ranked accounting firms in the United States.