Thursday, November 3, 2011

Main Roles of a Casino Consultant

By Alan Robson


A casino consultant, plainly put, is an individual who has knowledge of a casino, its operations and its influence onto the community. A casino consultant typically dish out an opinion or guidance concerning the impact the casino will make on the area based on some verified principles, tactics and methods.

The feasibility study ought to consider the region, target market or niche, competition or other organizations that may indirectly are competing with the casino such as restaurants, hotels, spas and other entertainment facilities. One more factor that must be deemed could be the quantity of jobs which are directly and indirectly designed because of the casino and see how these jobs could have an effect on other jobs within the location including restaurant jobs, hotel jobs and other people. A casino consultant need to preserve objectivity all throughout and weigh all factors with due consideration. A casino consultant need to refrain from letting his/her emotions show or be biased about matters pertaining towards the casino.

The consultant need to be included in a wide scope of services which consist of computer system assisted structure of the casino floor plans, studies on the financial impact of the casino onto the region exactly where it is located, management reviews and must aid create marketing techniques for individual casinos. A casino consultant also assists in organizing, coaching, studying, auditing and consulting the management related to gaming.

A casino consultant is also from time to time required to prepare economic forecast for hotel casinos or for planned improvements. A casino consultant should analyze the market to identify the casino's niche market. Feasibility studies should really also be conducted on suggested assignments. A casino consultant apart from calculating the prospective jobs and tax revenue generated from casino projects need to also give due consideration on the casino's implications in terms of rise in housing demands and in crime.

Casino consultants should really also look at fees to the state arising from the should alleviate troubles that are directly or indirectly brought about by the casino. These issues a casino consultant must contemplate contain visitors congestion, addiction in gambling and emergency services.

A casino consultant would must defend his or her findings towards the committee assigned on gambling in specific plus the entire society in general and ought to make the vital written and oral report based on his findings and study. A casino consultant demands to be thorough and distinct in his or her projections or analysis and ought to support his or her conclusions with some details and figures that could demonstrate the relevance of the study made. He or she could not leave anything to likelihood. Every data he or she produced must be backed by facts and figures.




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