Each month, CAAO and CT IAAO sponsor IAAO educational webinars hosted at the Town of Rocky Hill. Webinars are free of charge to CAAO and/or CT IAAO members who attend the webinar at the Town Hall Council Chambers in Rocky Hill at 761 Old Main Street. Attendees receive 2 continuing education credits. Please sign up by emailing Cassandra Legault. Attendees who want a copy of the webinar should bring a USB drive to the webinar as the presentations are usually too large to email. Webinars marked "free registration" are available to IAAO members at their own computer.
Wednesday, July 16, 2014
1:00pm – 3:00pm
Hotel Casino Valuation
Presented by Mary Ann Weidner, Appraisal Analyst Clark County Nevada
With the expansion of legalized casino-style gambling over the past decade, more jurisdictions are faced with the challenges of valuing these types of properties for tax purposes. This webinar will provide an overview of the valuation of Hotel Casinos from the perspective of Clark County, Nevada. Though each jurisdiction may have unique market influences different from Las Vegas, this webinar is designed to provide a framework for getting started in Hotel Casino valuation. This includes tracking and analyzing departmental revenue and expenses; reviewing and analyzing historical market transactions; and deriving revenues, expenses and cap rates necessary to make a valuation determination. Practical examples will be provided for review along with charts showing statistical analysis on historic data.