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ACOMA BUSINESS ENTERPRISES
On behalf of the Pueblo of Acoma, TMG prepared a Highest and Best Use
Assessment for a large parcel of land along Interstate 25. The first step in
the assessment was to evaluate the site for potential development. Once a
list of potential development projects was established, we consulted with
the client to pare down the list to only those developments which were culturally
and environmentally feasible. Then, we evaluated each development on the basis of
financial feasibility providing pro formas for each development. We also calculated the incremental
revenue each development would generate for the Pueblo’s existing developments:
casino, hotel and travel center.
TRUMP HOTELS AND CASINO RESORTS
TMG Consulting prepared a gaming market assessment for
Trump Hotels and Casino Resorts in furtherance of its efforts to
win a gaming license in Philadelphia, PA. The report detailed the revenue to be generated at
the chosen location given two different competitive scenarios. In addition to revenue generated
by local residents, we also calculated the revenue to be generated by the thousands of
tourists who visit Philadelphia every year. Revenue was projected for the first five years of operation.
We also presented our findings at the licensing hearing of the Pennsylvania Gaming
Control Board.
STATION CASINOS
TMG Consulting, in conjunction with The Innovation Group, produced
a Socioeconomic Impact Assessment for a new Casino
and hotel resort in Madera County, California. The report was
part of the legally mandated Environmental Impact Statement and therefore required assessing
three different casino alternatives, a retail alternative and a no action alternative. TMG calculated
direct, indirect and induced employment levels for each . Based on these employment
levels, TMG projected the number of new residents moving into the County and the impact
these residents would have on demand for government services such as fire and police protection,
judicial services, mental health services and roadway improvements. We projected the
increase in tax revenue to be realized by the County in light of these new residents and direct
demand and costs for government services from the casino and its patrons.
MENOMINEE TRIBE OF WISCONSIN
TMG Consulting provided market assessments for a large development in
Kenosha, Wisconsin, which includes a casino, waterpark and hotel, and recreational
vehicle park. The casino assessment provided revenue projections for three
phases of development and included recommendations on the number of gaming
positions and the ratio of table game to slot machine positions. The waterpark/
hotel assessment provided revenue projections as well as operating and capital
cost estimates. The study included recommendations for the sizing of the hotel, indoor waterpark
and outdoor waterpark. In addition to revenue projections, the market assessment for the
recreational vehicle park associated with the casino development included sizing and amenity
recommendations.
CAESARS MANCHESTER
TMG Consulting prepared a Gaming Revenue Forecast for a regional
casino in Manchester, England, in order to assist Caesars in
a competitive submittal for securing a gaming license. Non-gaming
revenues from the hotel, entertainment, food and beverage, retail and parking facilities were
estimated as well as the impact from these amenities on gaming revenues. TMG provided
qualitative descriptions of the economic development benefits related to community regeneration
brought about by the casino. Also included was an analysis of parking needs, modal split
and consideration of a strategy to enhance transit usage.
D’IBERVILLE CASINO
TMG is preparing a gaming market assessment for a proposed casino in
D’Iberville, Mississippi. The assessment is being done in light of the period of
transition the Gulf Coast is currently undergoing. Gaming revenue from drivein
visitors as well as those that stay at the hotel and passing drivers on interstate
I-110 attracted to the casino is projected for the year 2009.
POJOAQUE PUEBLO CITIES OF GOLD CASINO AND BUFFALO THUNDER RESORT
TMG prepared a gaming market assessment for the Buffalo Thunder Resort
which is located slightly to the north of Santa Fe, New Mexico. The assessment
projected the visitation and revenue generated by the new casino and guests at
a new hotel under development with the casino. After projecting the number of
visitors to the new casino, we recommended an appropriate number of positions
for the casino. A pro forma which included operating expenses and EBITDA (earnings before
taxes, depreciation, and amortization) was also produced.
NORTH SHORE GAMING PARTNERSHIP
TMG provided a gaming revenue assessment and
socioeconomic impact assessment for a proposed
casino in downtown Pittsburgh, Pennsylvania. Our
gaming revenue assessment provided the partnership with visitation, win per visit and win per
position per day projections. We also provided sizing recommendations based on visitation
projections and Pennsylvania statutory limitations. Our socioeconomic impact assessment
provided a measure of impacts on Allegheny County such as the increase in the number of
jobs and tax revenue. It also measured the cost of providing additional fire, police, education
and other administrative services.
POJOAQUE PUEBLO DEVELOPMENT CORPORATION, DOWNS AT SANTA FE
TMG has prepared a gaming market assessment for the proposed reopening
of the Downs at Santa Fe Racino (racetrack/casino). As part of a feasibility
study, TMG prepared a pro forma which included projected slot revenues,
racetrack revenues, operating expenses and EBITDA (earnings before taxes,
depreciation, and amortization). After projecting the casino visitation levels, we also recommended
an appropriate number of slot positions for the gaming venue. TMG performed a
socio-economic impact assessment to measure impacts of the racetrack development on the
market area, including employment and taxes generated by the development.
ISLETA CASINO RESORT
TMG prepared a gaming market assessment and feasibility
studies for resort facilities on behalf the Pueblo of Isleta. The
gaming market assessment projected the incremental increase
in win at an existing casino to be generated by the resort facilities including a hotel and shopping
amenities that are now under construction. We analyzed the feasibility of a 10,000 seat
event center which was not included in the development. We also prepared pro formas for the
resort facilities.
ISLE OF CAPRIS CASINOS
TMG produced a casino revenue market assessment for a casino in Singapore
for the Isle of Capri. We projected revenue from all major Asian-
Pacific markets. We also projected incremental gaming win to be generated
by other venues and attractions at the Integrated Resort.
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