Casino Resort Economic Impact

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    Jenny Thorvaldson

    Note: This answer is from 2011 and uses the 440 Sectoring Scheme.

    A hotel establishment produces lodging, meeting room and equipment rental, retail, restaurants, and in a number of places, gambling. The BEA pulls the non-lodging activities out of the hotel industry sector as part of the BEA benchmark table redefinitions - as a result, IMPLAN does as well. So the hotel sector (sector 411) will include casino hotels but it does not include the gambling part of that hotel - just the lodging. The gambling activity is redefined into the amusement sector (sector 409). So you would want to use sector 411 for your lodging data and 409 for your gambling data, so long as the former doesn't include the latter. Since you have data on Industry Sales (revenues), Employment, and Employee Compensation (loaded payroll), you can customize the events when setting up your analysis. That is, when you enter your revenue figure into the "Industry Sales" field, IMPLAN will fill in the Employment, Employee Compensation, Proprietor Income, and Other Property Income field for you based on industry averages for your region - but you can replace these values with the data you have. This way, the analysis will be reflecting this specific complex's earnings per worker, employment per dollar of industry sales, etc. Since this is a corporation, you will want to set Proprietor Income = 0. If you have data on profits you can edit Other Property Income (which is largely corporate profits) as you see fit. Note that this will be the recurring operating impact of the resort - you may want to run a separate construction impact, which will be a one-time impact.

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    Candi Clouse

    For updated information on how to model a casino in IMPLAN, check out the article Casinos: Acing the Impact.

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