We are developing an economic impact analysis related to a proposed casino resort complex. In developing our analysis, we have projections of revenue, employee counts, payroll and all expenses for the following three primary departments/profit centers within the complex: casino, hotel, and food and beverage. We understand how to build the model, create activities and run scenarios within Implan 3 so as to analyze the impacts of each resort department and the complex colletively. However, my questions are as follows: 1. For casino modeling, which industry group should be selected? I notice that gambling facilities are identified within two Implan industry sectors, one that is grouped with amusement and leisure facilities, the other with hotels and motels 2. Due to the unique operating nature of a casino, its output and overall profit margins in comparison with other amusement/leisure or hotel/motel operations, will the Implan model overstate the regional impacts of the casino? Should and how can the model be adjusted to account for this? Appreciate your consideration and prompt response.
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