Horwath HTL Contributes to Study on the Impact of Potential Gaming in Atlanta, Georgia

By On February 13, 2017

Central Atlanta Progress and the Atlanta Downtown Improvement District (CAP/ADID) recently released a report revealing data on the potential impacts of proposed casino gaming in the state of Georgia. In order to provide a neutral viewpoint on the issue, CAP/ADID selected Horwath HTL, among other advisory firms, to consider the proposed legislation and provide an expert outlook on the introduction of the casino industry at both the State and local area.

“In the past decade, Downtown Atlanta enjoyed more than $3.8 billion in investment,” explains Paul Breslin, Managing Director of Horwath HTL in Atlanta. “It is important, if not crucial, for future hospitality ventures to capitalize on this momentum, and ensure the right mix of development that would facilitate, not hinder, continued growth in Downtown.”

CAP/ADID’s final report concluded the following key takeaways:

  • Casino gaming could indeed generate an additional source of state revenue, but has its drawbacks;
  • Casino revenue is primarily generated from locals, not tourists;
  • Substitution effects will likely exist, but are complex and difficult to fully predict;
  • Local communities will incur costs. Therefore, funding mechanisms must be in place to mitigate any potential impacts;
  • Social issues need to be mitigated for communities closest to a casino;
  • Local communities must set and negotiate specific objectives before allowing a casino development.

Recently proposed legislation in Georgia would see the creation of two casinos in Georgia, one of which would require a minimum investment of $2.0 billion. At this early stage, much has been said about their implementation approach, the use of tax revenue generated, and their overall contribution to the local environment.

“We hope this study will allow all of us to better understand the ultimate impacts, both positive and negative, of casino gaming in our City, and, ultimately, our State’s economy. We are grateful to have had Horwath HTL as our hospitality experts for their contributions to our final report,” comments Alena Green, Project Manager of Economic Development at CAP.

Click here to read the Casino Gaming in Georgia report in its entirety

About The Author

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Paul Breslin

Paul Breslin, Managing Partner of Panther Hospitality, is a 30-year veteran of the hospitality industry. His background within the industry is all encompassing, as he has extensive experience in hotel operations, development and asset management with major branded hotels as well as independent and smaller luxury hotels. After his experience of working with eleven different hotels and resorts in ten different cities over the years, Mr. Breslin founded Panther Hospitality in 2005 to provide consulting services to developers and hoteliers in all aspects of their businesses. From property acquisition and infrastructure development to the successful opening and operating of a hotel, Mr. Breslin and his team of industry professionals leverage their expertise and customize their services to meet the needs of their global client base. He and his team have successfully consulted on a variety of establishments within the industry, including boutique hotels, both limited and full-service hotels, as well as luxury hotels. Major brands such as Hilton, Marriott, Starwood, IHG and Hyatt have worked with Panther Hospitality, as well as independent resort hotels such as the Inn on Destin Harbor, Daytona Beach Resort & Conference Center, Foxhall Resort and Sporting Club and Barnsley Gardens Resort. Previous to founding Panther Hospitality, Mr. Breslin held positions at the world-famous Fontainebleau Hilton Resort and Spa, the Sheraton San Diego Resort, the Sheraton New Orleans and three convention hotels in Atlanta, Georgia. He became a Certified Hotel Administrator (CHA), which is the most prestigious hospitality certification available to a hotel general manager and hospitality executive. Mr. Breslin, who is qualified as a Certified Hospitality Educator (CHE), is also a respected and well-known teacher and leader within the industry. He is the Executive-in-Residence in Lodging in the J. Mack Robinson College of Business, Cecil B. Day School of Hospitality at Georgia State University. The GSU program was recently ranked as one of the top 25 hospitality programs in the nation according to the Journal of Hospitality and Tourism Education. He has trained senior level executives at the Rixos Hotel Leadership Training Program through Sabanci University in Turkey and is a frequent lecturer at national conventions and hospitality industry conferences throughout the United States. Mr. Breslin has also been quoted on hospitality issues in publications such as The Wall Street Journal, USA Today, Atlanta Business Chronicle, Atlanta Journal-Constitution and The Miami Herald. He has also appeared on the Clark Howard Show. In addition to his work as a consultant and educator, Mr. Breslin provides hotel expert witness services to attorneys specializing in litigation, bankruptcy, real estate, franchising, employment and personal injury cases related to the hospitality industry. His caseload as an expert witness over the years includes work with both plaintiffs and defendants.
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