-1-
GOLDEN HEARTLAND

Revenue Projections


• Realistic approach
• Credibility
• Experience in a competitive market




      ...
GOLDEN HEARTLAND



             Cummings vs. Proponents
                           Cummings                    Proponent ...
GOLDEN HEARTLAND

                                           # of Casinos/
                                               ...
GOLDEN HEARTLAND

Size Matters


• Right size
• All about convenience, visibility,
  accessibility
• Ability to expand thr...
GOLDEN HEARTLAND

                           All Same Size
                                  In 2013 Dollars
             ...
GOLDEN HEARTLAND

Tourists / Visitation


• Tourist attractions could benefit
  each of the applicants
• No displacement o...
GOLDEN HEARTLAND

Branding


  Branding works when it’s the
          right brand!




                   -8-
GOLDEN HEARTLAND
   Does brand/theme make a difference?

                  Slot Win per Unit                              ...
GOLDEN HEARTLAND

Economic Impact


• Construction Impact – Long term
  view necessary.
• Operational Impact – Is the proj...
GOLDEN HEARTLAND
Based on lottery contract tax structure for each proposed facility

  $170
                    Legends
  ...
GOLDEN HEARTLAND

Local Fiscal Impact


• Broad distribution of fiscal benefits
• Equal retail uplift without dilution of
...
GOLDEN HEARTLAND

Right Location


• Access
• Visibility
• Convenience




                   - 13 -
GOLDEN HEARTLAND – RIGHT LOCATION




                      - 14 -
GOLDEN HEARTLAND – SITE PLAN
Convenient and Accessible




                                     GARAGE




               ...
GOLDEN HEARTLAND

Right Team


• Experience in a competitive market
• Experience in the locals market
• Experience in this...
GOLDEN HEARTLAND – THE RIGHT CHOICE
 • RIGHT LOCATION
     - Unmatched site (over 240 acres)
     - Opportunity for future...
18
- 18 -
Lottery Gaming Facility Review
      Board Presentation
         September 3, 2008
Upcoming SlideShare
Loading in …5
×

Golden ks review board presentation sep 3 version 3

1,054
-1

Published on

Kansas Racing & Gaming Commission
Casino Proposal
http://krgc.ks.gov/

Published in: Entertainment & Humor
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
1,054
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
1
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Golden ks review board presentation sep 3 version 3

  1. 1. -1-
  2. 2. GOLDEN HEARTLAND Revenue Projections • Realistic approach • Credibility • Experience in a competitive market -2-
  3. 3. GOLDEN HEARTLAND Cummings vs. Proponents Cummings Proponent % Golden $258.8 $284.7 110% Speedway $271.6 $367.0 135% Pinnacle $239.2 $425.9 178% Legends $212.0 $295.6 139% (all $ millions in 2013) Cummings Associates presentation page 40. -3-
  4. 4. GOLDEN HEARTLAND # of Casinos/ Market Size Targeted MSA Gaming Market GGI Products (annual rev) (population) Establishments in Market Mardi Gras Casino Black Hawk, CO Golden Gates Casino 25 $661 million 2.0 million Central City, CO Golden Gulch Casino 5 Pahrump, Nevada Golden Pahrump $65 million 40,000 Nugget Las Vegas, Nevada Golden Tavern Group 2,000+ $3.5 billion 2.2 million Reno, Nevada Golden Route Operations -4-
  5. 5. GOLDEN HEARTLAND Size Matters • Right size • All about convenience, visibility, accessibility • Ability to expand through a master planned design -5-
  6. 6. GOLDEN HEARTLAND All Same Size In 2013 Dollars (at 2.5% per annum) Gaming Facility / # Slots Power Slot Win win/slot/day Total Win Location: Rating ($mn) ($mn) Northeast Zone: Golden Heartland 3,000 104.0 $234.5 $214 $282.3 PKN Kansas 3,000 104.0 $228.7 $209 $275.8 Speedway / Cordish 3,000 104.0 $225.8 $206 $272.2 Legends Sun 3,000 104.0 $209.2 $191 $252.6 Cummings Associates presentation page 14. -6-
  7. 7. GOLDEN HEARTLAND Tourists / Visitation • Tourist attractions could benefit each of the applicants • No displacement of normal business • Designed to compliment not compete -7-
  8. 8. GOLDEN HEARTLAND Branding Branding works when it’s the right brand! -8-
  9. 9. GOLDEN HEARTLAND Does brand/theme make a difference? Slot Win per Unit Table Win per Unit $190 $180 $3,500 $3,143 $170 $3,000 $150 $141 $2,500 $2,263 $130 $2,000 $110 $1,500 $1,258 $90 $90 $1,000 $70 $500 $50 Hard Rock Las Clark County Las Vegas Strip Hard Rock Las Clark County Las Vegas Strip Vegas Vegas *9 months ending September 2006 -9-
  10. 10. GOLDEN HEARTLAND Economic Impact • Construction Impact – Long term view necessary. • Operational Impact – Is the project sustainable? - 10 -
  11. 11. GOLDEN HEARTLAND Based on lottery contract tax structure for each proposed facility $170 Legends PNK $150 Speedway Golden $130 $110 $90 $70 $50 1 2 3 4 5 - 11 -
  12. 12. GOLDEN HEARTLAND Local Fiscal Impact • Broad distribution of fiscal benefits • Equal retail uplift without dilution of existing businesses • Back-end revenue sharing not considered - 12 -
  13. 13. GOLDEN HEARTLAND Right Location • Access • Visibility • Convenience - 13 -
  14. 14. GOLDEN HEARTLAND – RIGHT LOCATION - 14 -
  15. 15. GOLDEN HEARTLAND – SITE PLAN Convenient and Accessible GARAGE 15 - 15 -
  16. 16. GOLDEN HEARTLAND Right Team • Experience in a competitive market • Experience in the locals market • Experience in this market - 16 -
  17. 17. GOLDEN HEARTLAND – THE RIGHT CHOICE • RIGHT LOCATION - Unmatched site (over 240 acres) - Opportunity for future expansion • RIGHT SIZE - World-class facility - Top quality amenities • RIGHT TEAM - Experienced operator delivering realistic promises - Tom Watson designed championship golf course - Friedmutter designed resort • MOST REVENUE - Most revenue to state of Kansas - 17 -
  18. 18. 18 - 18 -
  19. 19. Lottery Gaming Facility Review Board Presentation September 3, 2008
  1. A particular slide catching your eye?

    Clipping is a handy way to collect important slides you want to go back to later.

×