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.