A Casino property may include any number of different profit
centers. They typically are located in large hotels containing many food and
beverage locations, entertainment centers, meeting facilities, spas, and of
course one or more gambling areas. Some Gambling Casinos generate large
business volumes and operate on relatively high profit margins. Casinos often
offer food, lodging, and air travel to clients at reduced rates in order to
attract them to the slot machines and blackjack tables. Casinos are likely to
be valued as Going Concerns, which includes all of the value of the real estate
as well as personal property. This value will include goodwill which may be
significant at a profitable property.
The management and appraisal staff at ELLIOTT® has the
capability to evaluate any Casino Property anywhere in the United States and in
some international locations.