The document provides an analysis of the potential fiscal impacts of three proposed gaming facilities - Camptown Casino, Kansas Crossing Casino, and Castle Rock Casino - in southeast Kansas. It summarizes the methodology used, including adjustments made to the revenue estimates provided by the applicants. Revenue estimates over 5 years are provided for the state of Kansas, local counties and cities, school districts, and other impacted entities. Estimated costs to local and state governments to provide services to each facility are also summarized. The analysis finds differences between the revenue and cost estimates provided by EEC and the original numbers submitted by the applicants.

1. STATE OF KANSAS
SOUTHEAST GAMING ZONE:
FISCAL IMPACT ANALYSIS OF PROPOSED
GAMING FACILITIES
JUNE 10, 2015

2. ABOUT EEC
• Ekay Economic Consultants-EEC
• Established in 2010 by Eugenia Larmore
• Specializes in studying fiscal and economic impacts of
gaming and non-gaming developments and public
policy changes
• Provided fiscal impact studies for Lottery Gaming
Facility Review Board in 2008, 2009, and 2010
• 2008 and 2009 as Director with Meridian Business Advisors
2

3. STUDY PURPOSE
• Estimate the fiscal impact of each proposed gaming
facility on State and local governments
• Local and State revenue to be generated by each gaming
operator proposal, and
• Cost to local and state governments to provide services
to each facility
• Compare fiscal impact of the three proposals
• Compare proposers’ estimated public sector revenue
and costs to EEC’s estimate
3

4. PROPOSALS
CAMPTOWN CASINO KANSAS CROSSING CASTLE ROCK
Location
City of Frontenac, Crawford
County
City of Pittsburg, Crawford
County
Garden Township,
Cherokee County
Opening Date
April 2016-casino, July 2016-
hotel
June 20, 2016 August 25, 2016
Use Types
Casino, Hotel, Restaurants/Bars,
Retail
Casino, Hotel, Restaurants/
Bars, Event Center
Casino, Hotel, Restaurants/
Bars, Convention Space
Total Square Footage 94,687 122,036 225,440
Total Investment Cost $ 84.0 million $ 70.2 million $ 139.5 million
Slot Machines/Table
Games
750 slot machines, 20 table
games
625 slot machines, 16 table
games
1,400 slot machines, 51
table games
Hotel Rooms 62 123 200
2017 Gaming Revenue $ 47.6 million $ 41.6 million $ 85.6 million
Number of Employees 298 295 893
Voluntary Contributions
$50,000/year for 10 years-
Frontenac School District
$50,000/year for 10 years-
Pittsburg State University
2-$10,000 Teacher of the
Year awards
Increased gaming contribution
rate: 27.25% if GGR $55 to $65
million, 27.50% if $65 to $75
million, and 28.5% if over $75
million*
Increased gaming
contribution rate: 29% if GGR
$49 to $60 million and 31% if
over $60 million*
8 Pittsburg State University
and 6 Labette Community
College scholarships-$5.6
million over 15 years
$100,000/quarter or 1% of GGR
to SE Kansas Career and
Technical Center-10 years
$250,000 to Galena Fire
Department
*Neither project reaches gaming revenue levels triggering higher
contribution rates during the analysis period.4

5. METHODOLOGY
• 5-year analysis period
• 2 years of construction-2015 to 2016
• July 2015 to April/July 2016 for Camptown Casino, June 2016
for Kansas Crossing, and August 2016 for Castle Rock
• 3 full years of operations-2017 to 2019
• Operating impacts also estimated for partial year 2016
• Sources of data
• Lottery gaming Facility Manager application, Applicant
Workbook, presentations to Kansas Lottery Commission and
Lottery Gaming Facility Review Board
• Interviews with county, city and school district representatives
• Public financial documents, Kansas Department of Revenue,
other research
5

6. METHODOLOGY
• Estimate costs and revenues associated with each proposal for the host City, if
applicable, County, State of Kansas, closest school district, and other impacted
entities
• Voluntary contributions are estimated and shown as Other Revenue
• Did not estimate revenue impacts of new residents, cost impacts are included in
host City and County estimates
• Did not estimate revenue or cost impacts of new residents outside of host
County
• Did not estimate cost impacts of project or new residents on the State, facility
impacts are expected to be minimal, resident impacts are assumed to be covered
by residential and facility-related revenues
• Assumed no significant costs for all main school districts as either few new
students are expected (Camptown and Kansas Crossing) or the district has
existing capacity (Castle Rock)
6

7. METHODOLOGY
*Estimated using US Census commuting data
**Estimated using the area’s existing unemployment and natural unemployment
rates-Kansas Department of Labor
***Estimated using persons per household data for the region-US Census
CAMPTOWN
CASINO
KANSAS
CROSSING CASTLE ROCK
Estimated # of Employees 298 295 893
IMPACTED CITY
# of Employees* 53 101 -
Available Unemployed Residents** 55 180 -
# of New Employees - - -
# of New Residents*** - - -
IMPACTED COUNTY
# of Employees 202 171 460
Available Unemployed Residents 270 270 -
# of New Employees - - 460
# of New Residents - - 813
IMPACTED SCHOOL DISTRICT
# of Employees 53 101 21
Available Unemployed Residents 55 180 -
# of New Employees - - 21
# of New Residents - - 37
# of New Students - - 13
7

8. METHODOLOGY
CAMPTOWN CASINO KANSAS CROSSING CASTLE ROCK
Revenues Costs Revenues Costs Revenues Costs
State of Kansas State of Kansas State of Kansas
Property Tax
No costs are
estimated
Property Tax
No costs are
estimated
Property Tax
No costs are
estimated
Sales Tax Sales Tax Sales Tax
Liquor Drink Tax Liquor Drink Tax Liquor Drink Tax
Gaming Tax Gaming Tax Gaming Tax
Income Tax Income Tax Income Tax
Crawford County Crawford County Cherokee County
Property Tax Ambulance Property Tax Ambulance Property Tax Ambulance
Sales Tax Sheriff Sales Tax Sheriff Sales Tax Sheriff
Gaming Tax Roads Gaming Tax Roads Gaming Tax Roads
Transient Guest Tax Admin. Overhead Transient Guest Tax Admin. Overhead Transient Guest Tax Water/Wastewater
Building Permits Admin. Overhead
City of Frontenac City of Pittsburg City of Galena
Property Tax Police Property Tax Police No Revenue Fire
Sales Tax Fire Sales Tax Fire Garden Township
Gaming Tax Streets Gaming Tax Streets Property Tax No costs
Building Permits Water/Wastewater Building Permits Water/Wastewater Cities of Baxter Springs & Columbus
Admin. Overhead Admin. Overhead Transient Guest Tax No costs
Frontenac School District (USD 249) Pittsburg School District (USD 250) Riverton School District (USD 404)*
Property Tax Operations Property Tax Operations Property Tax Operations
Developer Contrib.
*Analysis estimated impacts on Baxter Springs and Galena School Districts. For
comparison purposes only the impact on the Riverton School District is shown.8

9. METHODOLOGY
• Gaming Revenue Adjustment-applied to operating revenues provided by
each applicant
CAMPTOWN CASINO
2016 2017 2018 2019
Union GGR $ 31,655,175 $ 43,008,832 $ 43,438,920 $ 43,873,309
Cummings GGR 21,815,534 29,960,000 33,035,000 34,600,000
Average $ 26,735,355 $ 36,484,416 $ 38,236,960 $ 39,236,655
Developer GGR $ 34,684,223 $ 47,633,000 $ 49,061,990 $ 50,533,850
% Adjustment 77.1% 76.6% 77.9% 77.6%
KANSAS CROSSING CASINO
2016 2017 2018 2019
Union GGR $ 18,766,049 $ 38,245,208 $ 38,627,660 $ 39,013,937
Cummings GGR 15,407,767 31,740,000 34,959,000 36,600,000
Average $ 17,086,908 $ 34,992,604 $ 36,793,330 $ 37,806,968
Developer GGR $ 19,495,217 $ 41,563,802 $ 44,307,013 $ 47,231,593
% Adjustment 87.6% 84.2% 83.0% 80.0%
CASTLE ROCK CASINO
2016 2017 2018 2019
Union GGR $ 15,336,633 $ 46,884,087 $ 47,352,928 $ 47,826,457
Cummings GGR 14,566,667 52,330,000 57,260,000 59,800,000
Average $ 14,951,650 $ 49,607,044 $ 52,306,464 $ 53,813,229
Developer GGR $ 27,563,176 $ 85,582,834 $ 88,577,377 $ 91,677,217
% Adjustment 54.2% 58.0% 59.1% 58.7%
9

10. METHODOLOGY
FIRST FULL YEAR OF OPERATIONS (2017)
CAMPTOWN CASINO
Employees* Payroll
Gaming
Revenue
Taxable
Sales**
Alcoholic
Beverages Lodging
Developer Estimate 250 $ 7,765,100 $ 47,633,000 $ 4,971,000 $ 3,613,000 $ 1,468,000
Adjusted Estimate 193 6,003,535 36,484,416 3,807,529 2,767,371 1,124,412
KANSAS CROSSING CASINO
Employees Payroll
Gaming
Revenue
Taxable
Sales**
Alcoholic
Beverages Lodging
Developer Estimate 295 $ 8,385,167 $ 41,563,802 $ 5,478,352 $ 1,018,616 $ 4,156,483
Adjusted Estimate 247 7,020,994 34,992,604 4,612,230 857,574 3,499,347
CASTLE ROCK CASINO
Employees Payroll
Gaming
Revenue
Taxable
Sales**
Alcoholic
Beverages Lodging
Developer Estimate 893 $ 30,735,848 $ 85,582,834 $ 10,818,098 $ 4,079,927 $ 6,887,941
Adjusted Estimate 513 17,669,970 49,607,044 6,270,578 2,364,880 3,992,511
*Camptown estimates 298 total employees and 250 FTE employees, analysis uses FTE
employees for payroll purposes
**Taxable sales include food & non-alcoholic beverage, lodging, retail, and
entertainment sales.10

11. REVENUE ESTIMATES
ORIGINAL DATA
5 YEAR SUMMARY
Total for All Entities CAMPTOWN
KANSAS
CROSSING CASTLE ROCK
Property Tax Revenue $ 6,779,631 $ 5,510,827 $ 9,595,886
Sales Tax Revenue 5,516,718 4,425,642 7,288,755
Liquor Drink Tax Revenue 1,379,825 364,291 1,393,101
Gaming Contribution Revenue 49,116,527 41,201,358 79,218,163
Transient Guest Tax Revenue 315,004 891,899 470,381
Personal Income Tax Revenue 1,057,172 1,169,386 3,967,493
Building Permit Revenue - - -
Applicant Contribution 200,000 1,731,024 1,743,333
Total Revenue $ 64,364,876 $ 55,294,428 $ 103,677,112
Revenue by Entity
Impacted City $ 4,705,546 $ 4,197,177 $ -
Crawford County 5,155,526 4,726,936 2,934,006
Cherokee County 1,819,131 1,525,976 12,328,722
State of Kansas 50,207,867 41,270,987 81,788,430
School District 2,476,806 1,842,328 4,260,207
Other Entities* - 1,731,024 2,365,747
Total Revenue $ 64,364,876 $ 55,294,428 $ 103,677,112
*Kansas Crossing Casino: Pittsburg State University and the SE Kansas Career and
Technical Center. Castle Rock Casino: SE Kansas Library, Garden Township, Galena
Fire Department, Baxter Springs, Columbus, Pittsburg State University, and Labette
Community College.
11

12. REVENUE ESTIMATES
ADJUSTED DATA
5 YEAR SUMMARY
Total for All Entities CAMPTOWN
KANSAS
CROSSING CASTLE ROCK
Property Tax Revenue $ 6,779,631 $ 5,510,827 $ 9,595,886
Sales Tax Revenue 5,162,234 4,130,939 6,106,657
Liquor Drink Tax Revenue 1,067,170 302,723 810,336
Gaming Contribution Revenue 37,987,214 34,203,549 46,083,164
Transient Guest Tax Revenue 243,682 741,161 273,610
Personal Income Tax Revenue 843,666 1,022,337 2,508,083
Building Permit Revenue - - -
Applicant Contribution 200,000 1,600,000 1,743,333
Total Revenue $ 52,283,598 $ 47,511,536 $ 67,121,070
Revenue by Entity
Impacted City $ 4,240,599 $ 3,880,051 $ -
Crawford County 4,629,808 4,283,908 1,706,784
Cherokee County 1,406,934 1,266,798 9,593,301
State of Kansas 39,529,452 34,638,451 49,342,608
School District 2,476,806 1,842,328 4,260,207
Other Entities - 1,600,000 2,218,169
Total Revenue $ 52,283,598 $ 47,511,536 $ 67,121,070
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13. EXPENDITURE ESTIMATES
5 YEAR SUMMARY
CAMPTOWN
KANSAS
CROSSING CASTLE ROCK
Total for All Entities
Law Enforcement $ 258,193 $ - $ 962,918
Fire/EMS 2,507,188 2,449,735 -
Public Works (Streets, Water, Wastewater) 47,464 238,881 7,259,000
Administrative Overhead 965,213 783,534 224,292
Education - - -
Total Costs $ 3,778,057 $ 3,472,150 $ 8,446,210
Costs by Entity
Impacted City $ 998,893 $ 287,627 $ -
Crawford County 2,779,164 3,184,523 -
Cherokee County - - 8,446,210
State of Kansas - - -
School District - - -
Total Costs $ 3,778,057 $ 3,472,150 $ 8,446,210
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14. CAMPTOWN CASINO
IMPACT COMPARISON
*Includes estimates for Cherokee County
**Includes partial year 2016 operating impacts
CITY OF
FRONTENAC
CRAWFORD
COUNTY
STATE OF
KANSAS
SCHOOL
DISTRICT 249 OTHER ENTITIES*
CONSTRUCTION PERIOD-2015 to 2016**
ESTIMATED REVENUE
EEC-Original Data $ 1,594,334 $ 1,600,915 $ 11,973,528 $ 731,906 $ 346,842
EEC-Adjusted Data 1,505,496 1,504,149 9,924,498 731,906 267,354
Applicant Estimate 260,000 208,000 1,279,000 - -
ESTIMATED COSTS
EEC Estimate $ 236,993 $ 1,048,533 $ - $ - $ -
Applicant Estimate - - - - -
FIRST FULL YEAR OF OPERATIONS-2017
ESTIMATED REVENUE
EEC-Original Data $ 1,006,572 $ 1,150,025 $ 12,366,860 $ 565,999 $ 476,330
EEC-Adjusted Data 880,542 1,006,289 9,478,041 565,999 364,844
Applicant Estimate 1,774,000 1,154,000 12,117,000 - 476,000
ESTIMATED COSTS
EEC Estimate $ 245,285 $ 557,253 $ - $ - $ -
Applicant Estimate 49,800 - - - -
14

15. KANSAS CROSSING CASINO
IMPACT COMPARISON
*Includes Cherokee County, Southeast Kansas Career and Technical Center, and
Pittsburg State University
**Includes partial year 2016 operating impacts
CITY OF
PITTSBURG
CRAWFORD
COUNTY
STATE OF
KANSAS
SCHOOL
DISTRICT 250 OTHER ENTITIES*
CONSTRUCTION PERIOD-2015 to 2016**
ESTIMATED REVENUE
EEC-Original Data $ 1,330,125 $ 1,208,606 $ 7,113,975 $ 574,173 $ 444,952
EEC-Adjusted Data 1,300,293 1,166,283 6,495,676 574,173 420,869
Applicant Estimate 327,772 208,371 982,972 - -
ESTIMATED COSTS
EEC Estimate $ 68,240 $ 1,188,703 $ - $ - $ -
Applicant Estimate - - - - -
FIRST FULL YEAR OF OPERATIONS-2017
ESTIMATED REVENUE
EEC-Original Data $ 912,590 $ 1,123,298 $ 10,687,432 $ 410,286 $ 881,276
EEC-Adjusted Data 831,721 1,009,497 8,998,523 410,286 799,926
Applicant Estimate 752,149 755,484 9,377,789 - 834,811
ESTIMATED COSTS
EEC Estimate $ 70,628 $ 822,442 $ - $ - $ -
Applicant Estimate - - - - -
15

16. CASTLE ROCK CASINO
IMPACT COMPARISON
*SE Kansas Library, Garden Township, Baxter Springs, Columbus, Galena Fire
Department, Pittsburg State University and Labette Community College
**Includes partial year 2016 operating impacts
CHEROKEE
COUNTY
CRAWFORD
COUNTY
STATE OF
KANSAS
SCHOOL
DISTRICT 404 OTHER ENTITIES*
CONSTRUCTION PERIOD-2015 to 2016**
ESTIMATED REVENUE
EEC-Original Data $ 3,125,963 $ 275,632 $ 11,331,652 $ 1,418,308 $ 746,535
EEC-Adjusted Data 2,844,605 149,516 8,062,538 1,418,308 731,236
Applicant Estimate 267,084 - 286,188 227,143 -
ESTIMATED COSTS
EEC Estimate $ 7,616,032 $ - $ - $ - $ -
Applicant Estimate - - - - -
FIRST FULL YEAR OF OPERATIONS-2017
ESTIMATED REVENUE
EEC-Original Data $ 2,968,899 $ 855,828 $ 22,682,123 $ 919,441 $ 534,844
EEC-Adjusted Data 2,166,693 496,070 13,156,303 919,441 491,412
Applicant Estimate 3,140,911 826,895 20,071,284 688,313 -
ESTIMATED COSTS
EEC Estimate $ 267,353 $ - $ - $ - $ -
Applicant Estimate - - - - -
16

17. For more information, please visit our website at:
www.ekayconsultants.com
Contact us at:
Eugenia Larmore
eugenia@ekayconsultants.com
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