ECONOMIC IMPACT STUDIES

An Economic Impact Study (EIS) is an independent research report that quantifies the economic benefits that a proposed casino project will have on the surrounding region. This analysis quantifies the number of jobs that will be created, wages paid, taxes generated, and total output of a project. The analysis measures the direct, indirect, and induced impacts of a gaming and hotel project.

 

An EIS examines these impacts for two distinct phases: the construction phase, which is a onetime stimulus on the region’s economy; and the operational phase, which provides ongoing stimuli to the region’s economy on an annual basis. An EIS is essential to the successful development of a new casino as it addresses the concerns of all stakeholders within the community.