Award Date

1-1-2002

Degree Type

Thesis

Degree Name

Master of Engineering (ME)

Department

Civil and Environmental Engineering

First Committee Member

Moses Karakouzian

Number of Pages

102

Abstract

The purpose of this study is to develop a system to model casino development without the user's need for information from architects, contractors or consultants. The target user would be a casino executive who had business experience, but minimal real estate development experience. Successful modeling would be based upon a favorable ratio of developmental costs to income projections known as Return on Investment (ROI). In this study factors used to calculate ROI for casino development projects were analyzed by examination of actual ROI calculations that were previously performed by experienced casino executives who had support from architect, contractors and consultants. The analysis started with the mathematical equations of ROI calculations and with identifying the key elements that led to the ROI projections. The factors were all carefully studied and detailed information was determined that was used to establish a system framework. The process to determine developmental costs and income projections was identified and illustrated through the creation of Data Flow Diagrams. Research determined that the system needed two distinct subsections. The first sub-system, a business system, would need to generate a complete set of financial statements. The second sub-system, a construction developmental system, would need to be capable of processing a complete detailed project budget. This information was used to create a basic simulation system for a framework to model casino development. The study provides a concept, plan and framework for future research and building of a fully functioning system.

Keywords

Casino; Development; Framework; Model; System

Controlled Subject

Industrial engineering; Management; Finance; Commerce

File Format

pdf

File Size

2703.36 KB

Degree Grantor

University of Nevada, Las Vegas

Language

English

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