Expansion of Gaming Operations
Hospitality and Gaming Solutions conducts independent market and operational
studies related to the expansion of gaming operations. These studies are
designed to provide an in-depth analysis of the market position and operating
performance of a proposed new amenity or venture at a particular gaming facility.
Our Gaming Advisory Services professionals can analyze a proposed development project and answer the all-important questions: Is it feasible from a market point of view? What is the current demand for the proposed facilities in the subject location? How is demand likely to change in that location over the short and long term? How will it affect gaming revenues? We can help clients determine what type and how large a project should be undertaken from both a market and financial perspective and whether the infrastructure surrounding a planned expansion is enough to support planned visitation levels. Hospitality and Gaming Solutions has assisted clients with a variety of amenities including:
- Casinos (Class II and Class III) • Resorts • Hotels/motels
- Marinas • Parks • Golf Courses
- Amphitheaters • Travel Plazas • Tribal facilities
- Arenas • Conference Centers • Cultural facilities
- Multi-purpose facilities • Convenience Stores • Gas stations
For established hospitality enterprises, we can assess the performance of the business expansion against prevailing and future market conditions. We can identify comparable and competing businesses or facilities and obtain critical data on market position and market demand characteristics to help you capitalize on underserved market niches. Based on this information we assist you in the development of cash flow estimates and, identify risks associated with those estimates. We can also provide recommendations for improved market and financial performance in the form of a strategic plan, leading to self-sufficiency.
