際際滷

際際滷Share a Scribd company logo
Sumner Resorts
    Harrahs Kansas:
The Best Plan By Every Measure
  Delivering GREATER Benefits to
    Sumner County and Kansas
Sumner Harrahs
Nancy Seitz
Sumner Gaming & Resorts
Sumner Resorts Harrahs Kansas:
Delivering the Most Benefits to Kansas
  MORE revenue to Sumner County and the State of
   Kansas
  MORE tourists to Kansas
  MORE amenities
  GREATER capital investment
  GREATER economic growth in Kansas
  GREATER reinvestment in the community
  GREATER community support for the project
  BEST location

        Sumner Resorts Harrahs Kansas:
         The best plan by every measure.
Bruce Christenson
 Sumner Gaming & Resorts
Sumner Resorts Harrahs Kansas
  Sumner Gaming Joint Venture, L.C., combining a
   trusted Kansas developer with the best casino
   resort manager
    Sumner Resorts  local Kansas developer
         Bruce Christenson
         Bruce McPherson
         Mike McPherson
         Nancy Seitz
         James Walker
         Jeff Ungerer
    Harrahs Entertainment  the worlds largest, most
     socially responsible and generous company in the
     industry
    Local community
Anticipated Project Funding

                        Harrah's          Additional
                        Kansas           Development           Total
 Project Debt                  $330                $56           $386
 Sumner Gaming Equity              $79             $19            $98
 Harrah's Equity                   $76                0           $76
 Total                         $485                $75           $560

                                     In millions of dollars.
A Proven Kansas Developer

  Developing in Kansas and the Midwest since
   1987
  3,000,000 square feet of retail completed/under
   development including the Derby Marketplace
  Over 4,000 multi-family units, numerous single
   family developments
  Sumner Resorts Harrahs Kansas is the only
   Sumner County proposal put forth by a Kansas
   developer
Why we selected Harrahs
Entertainment
 #1 Destination Entertainment Provider in the
  World
   Successful track record in building tourism related to
    casino resorts
   Fortune 500 ranks Harrahs Entertainment #1 in
    casino industry
   Serve more guests annually than any other
    entertainment company
   Harrahs has established relationships with the
    biggest names in the entertainment business
   Business Week ranks Harrahs as the most generous
    company in the US (by % of pretax profit)
   The leader in responsible gaming programs
Charles Atwood
Vice Chairman of the Board
  Harrahs Entertainment
Sumner Harrahs
Harrahs Kansas: We have secured
rights to more than 650 acres
Driving Tourism through
compelling offerings
   18 hole championship golf
    course
   13,000 square foot resort pool
    and a second private VIP pool
   365 hotel rooms, including 30
    suites and 5 private pool villas
   5 restaurants and 3 themed
    lounges
   Outdoor amphitheatre for music
    concerts
   30,000 square feet of convention
    space
   World-class casino with 2,000
    slot machines, 50 table games
    and a World Series of Poker
    poker room
Greg Schwerdt
Schwerdt Design Group
Paul Steelman
 Steelman Designs
Sumner Harrahs
Charles Atwood
Vice Chairman of the Board
  Harrahs Entertainment
Harrahs Kansas:
The Links at Harrahs Kansas
 18 hole championship course
 Adjoining residential development planned
 School of Golf
Harrahs Kansas:
The Pool and Spa
   Large pool, a third of an acre
   Private pool for luxury pool villas
   Pool deck caf辿
   Luxurious spa
Harrahs Kansas:
Guest Accommodations
 365 hotel rooms
   5 luxury 2 - 3 bedroom pool
    villas
   30 well-appointed suites
   140 premium rooms
   190 limited service rooms
Harrahs Kansas:
Restaurants and Lounges
 Five restaurants with a variety of
  price points to please every taste
  and budget
 3 themed lounges
 Unique signature celebrity outlets
Harrahs Kansas: Entertainment

 Exciting outside amphitheatre
    Will accommodate 5,000 people
 Indoor entertainment space
  that can seat 1,500
    30,000 square feet of convention
     space will also be used as
     entertainment space
 Thrilling Cabaret for dancing
  and cocktails
 Only Harrahs can leverage
  existing relationships with the
  worlds most powerful brands
  to assist in the programming
Harrahs Kansas:
Conferences and Conventions
 Over 30,000 square feet of convention space
 120,000 existing relationships with the nations top
  organizations that will be leveraged to immediately
  bring in convention business to Harrahs Kansas
Harrahs Kansas- The Casino
 A Las Vegas resort quality casino
 2,000 slots
 50 table games for blackjack, roulette and
  poker
 World Series of Poker Room that will host
  WSOP sanctioned events
Harrahs Kansas: Leveraging Powerful
Industry Relationships
 Established relationships with global brands
  Harrahs in Tunica just opened a Paula Deen restaurant
  In North Kansas City and in Las Vegas we offer Toby Keiths I Love this Bar
   & Grill
  Bossier Citys Horseshoe recently opened the first Country Music Television
   (CMT) Crossroads
  Butch Harmons headquarters for his world famous golf school is at our Rio
   Secco course in Las Vegas
  All have expressed interest in helping us deliver amenities that will add to
   the nation-wide appeal of the resort
When Sumner Resorts Harrahs
Kansas Will Deliver
Current anticipated schedule:
 Contract awarded, August 2008
 Development begins, November 2008
 Construction completed, mid-year 2010
 Sumner Resorts Harrahs Kansas opens and
  begins generating revenue for Kansas and Sumner
  County, August 2010
John Payne
President of the Central Division
    Harrahs Entertainment
Harrahs Properties are #1 or #2 in
       Each Major Market


                                                           #1
         #1                         #1                           Chicagoland
              Reno / Lake Tahoe          Council Bluffs
                                                                                                  #1
                                                          #1                                           Atlantic City
                                                               St. Louis
                  #2
                        Las Vegas             #2
                                                   Kansas City
                                                                              #1 Southern Illinois/
                   #2                                                            Southern Indiana
                        Laughlin                    #1     #1

                                                                     Tunica
                                         Bossier City                                #1

Legend                                                                     Biloxi
     HET property                                               #1
                                                                     New Orleans
     Major gaming market
Harrahs Kansas: Delivering MORE to
Kansas through operational excellence
Harrahs is the worlds
 biggest casino
 entertainment manager
   Harrahs owns some of the
    industrys most powerful
    brands
   The industrys largest
    customer loyalty program,
    Total Rewards
      Harrahs Kansas will leverage
       this global database of 40
       million to draw customers from
       around the country
Driving Tourism Through Operational
Experience and Capabilities
 Sumner Resorts Harrahs Kansas
  will deliver more than 3 million
  visitors annually leveraging
  sophisticated tools that no other
  manager can deliver
   Total Rewards, 40-million member
    customer loyalty database
   Expect to leverage Harrahs national
    air charter program to bring guests to
    Harrahs Kansas
   Current list of 120,000 organizations
    to program the 30,000 square feet of
    convention space
Total Rewards
 The industrys largest customer loyalty program, over
  40 million members
 Enables Harrahs to drive tourism throughout our deep
  network of properties
Total Rewards Ensures Nation
   Wide Appeal of Resorts
   Example of the Power of Total Rewards.
40% of Harrahs Council Bluffs guests are from
              >100 miles away.

                           Minneapolis/St. Paul $347K
                            Sioux Falls $336K
                                                                     Chicago $580K


                                 Topeka $180K           Kansas City $916K
            Denver $301K
                                                 Wichita $114K


    LA area $152K                                                           Atlanta $78K
                     Dallas/Ft. Worth $295K


                                                   Houston $216K
Total Rewards Ensures Nation
   Wide Appeal of Resorts
   Example of the Power of Total Rewards.
   37% Horseshoe Indiana guests are from
             >100 miles away.


                       Minneapolis/St. Paul $120K                  Green Bay $709K

                                                                    Chicago $1.2M
                                                                                New York $303K
                          Kansas City $966K
                                           St. Louis $379K
                                                                                              Washington$298K

                                                 Nashville $2.5M             Knoxsville $2M
  LA area $237K                                                            Atlanta $864K
                  Dallas/Ft. Worth $438K


                            Houston $461K

                                                                                Tampa $310K
Total Rewards Case Study
 In 2004 Harrahs acquired the
  Horseshoe properties from Jack Binion
 Same properties, in the same locations are
  now generating 14% more in revenue
  then under the previous management
 Within the first 12 months of implementing
  Total Rewards:
    Harrahs boosted the number of customer trips
     to Horseshoe properties
    Harrahs increased new visitation to Horseshoe
     properties
3 Million Total Rewards Members
       Within a 3 Hour Drive
                        We already
                        know
                        3 million
                        customers
                        within a
                        3 hour drive
                        of our
                        Mulvane site.
      Mulvane



                        Each ring = 25 miles.
National Air Program
Improved Customer Service 
  Reliable Customer Journey
 Provides Harrahs Entertainment
  with the ability to fly customers to
  our properties
 Strategic relationship with charter
  airline
Program Objectives
 Enter new markets and acquire new
  players
 Increase occupancy at targeted
  properties
Harrahs Kansas: A responsible resort
manager for Kansas

 Regulatory Compliance Overview
    Over 70 years of exemplary regulatory compliance in 16 unique
     jurisdictions
    Harrahs Entertainment is dedicated to maintaining the highest ethical
     standards
    Harrahs has enterprise-wide compliance program that is overseen by
     the Chief Compliance Officer
    Compliance program contains a wide variety of policies that set forth
     the companys focus on compliance with all laws, not just gaming laws
    All employees are trained, each property has a compliance director
     and a compliance committee
    Enterprise-wide compliance committee reports directly to the audit
     committee of the Board of Directors
Harrahs Kansas: A responsible
resort manager for Kansas
   First casino company to recognize,
    operationally address problem
    gambling
      Harrahs programs serve as models
       for entire industry
   Funded creation of first national
    helpline for problem gambling
   Received first corporate award given
    by National Council on Problem
    Gambling
   Regularly contribute to and assist
    international, national and local
    problem-gambling agencies
   First to offer nationwide self-
    exclusion, self-restriction
   Commitment to effective responsible
    gaming training for all employees
Harrahs Kansas:
A neighbor you want in Kansas
 Harrahs actively supports
  non-profit organizations in
  EVERY community where we
  operate
    Giving over $1.5 million each
     week to non-profits, Harrahs is
     committed to making each and
     every community in which we
     operate a vibrant place to live
     and work
    Named #1 to Business Weeks
     list of most generous
     companies (by % of pretax
     profit)
Harrahs Kansas:
Employer of Choice
 Harrahs Kansas will create 2,240
  jobs
 Harrahs offers competitive wages
 Compensation includes full benefit
  packages (medical, dental, flex
  spending accounts for employees
  and dependents, 401K, etc.)
 Harrahs offers opportunities for
  advancement
 Tuition reimbursement
    Just ask our North Kansas City team
         Harrahs NKC recently won
    Best Place to Work in Kansas City
Paula Deen
Paula Deen
 New York Times best selling
  author
 Two-time Emmy Award
  winning Food Network Star
 Food Network shows include:
  Paulas Home Cooking,
  Paulas Party, Paulas Best
  Dishes
 The magazine, Cooking with
  Paula, hit the news stands in
  2006
Paula Deen Buffet in
  Harrahs Tunica
Michael French
PricewaterhouseCoopers
Charles Atwood
Vice Chairman of the Board
  Harrahs Entertainment
The Best Plan by Every
    Measure and Every Report
 Experts for the Kansas Lottery
  Commission and Facility Review Board
  agree that Harrahs Kansas will generate
  the most revenue for the State of
  Kansas
 Christiansen Capital projects Harrahs
  Kansas to generate at least $8M more
  each year for the state and more than
  half a million dollars more to Sumner
  County
 Cummings Associates projects at least
  $7M more each year for the state and
  over $800K more each year for Sumner
  County
 Wells Gaming Research projects a
  Mulvane location will generate $50-60
  million more in total revenues
Harrahs Kansas: MORE Revenue
 Christiansen Capital Report
                 Harrahs Kansas    Penn     Marvel

Revenue to the        $49 M        $41 M     $36 M
State
Revenue to           $2.24 M       $1.66 M   $1.66 M
Sumner County

 Cummings Report
                 Harrahs Kansas    Penn     Marvel

Revenue to the        $45 M        $38 M     $34 M
State
Revenue to           $2.37 M       $1.53 M   $1.53 M
Sumner County
Harrahs Kansas: Realizing the Spirit of
Senate Bill 66

                                                  The MOST
                                                 Revenue for
                Driving MORE                                              BEST Interest
Largest Initial                                   Kansas &
                 Tourism to                                                of the State
 Investment                                      Sumner Co.
                   Kansas                                                   of Kansas
 $560 million          More than 3 million     $74 million in tax       Financially stable
  projected budget       visitors to Harrahs     receipts to the state     applicant
 Control over 650       Kansas annually          of Kansas, local         Experienced
  acre site                                       counties and host         manager
                                                  city
 Future master                                                            Responsible, good
  planned                                        $22 M in property         neighbors
  development                                     and other taxes              EMS station
  bringing the total                                                       Kansas developer
  investment to over
  $1 billion.
                                                                                              48
49
Ad

Recommended

Analytics
Analytics
rajeev roy
harrah's entertainment 09/25/08_DB_Presentation_FINAL
harrah's entertainment 09/25/08_DB_Presentation_FINAL
finance25
harrahs-case-individual-writeup
harrahs-case-individual-writeup
shivangi29
Hitting the crm jackpot(harrah's entertainment)
Hitting the crm jackpot(harrah's entertainment)
H畉ng Tr畉n
harrah entertainment inc - case study
harrah entertainment inc - case study
Tushar Arora
Pnk lgfrb presentation submittal
Pnk lgfrb presentation submittal
krgc
Leg sun lottery review board rebutal-final final
Leg sun lottery review board rebutal-final final
krgc
Kansas entertainment llc__8.13.08_
Kansas entertainment llc__8.13.08_
krgc
Kansas entertainment presentation
Kansas entertainment presentation
krgc
K hov short bio jun 12
K hov short bio jun 12
shoredave22
Cherokee book
Cherokee book
krgc
Mills harrah kansas bid 7 16
Mills harrah kansas bid 7 16
krgc
harrah's entertainment JHDB111306
harrah's entertainment JHDB111306
finance25
Golden ks review board presentation sep 3 version 3
Golden ks review board presentation sep 3 version 3
krgc
Hotels for sale worldwide
Hotels for sale worldwide
CRrentahome,s.a.
Golden presentation
Golden presentation
krgc
K hov.short bio.jun 12
K hov.short bio.jun 12
shoredave22
Evenergy Capabilities[1]
Evenergy Capabilities[1]
bmconnolly
2015 LGFRB Presentation Castle Rock Casino Resort
2015 LGFRB Presentation Castle Rock Casino Resort
krgc
Oct chisholm creek presentation final
Oct chisholm creek presentation final
krgc
MGM MIRAGE MandalayHist
MGM MIRAGE MandalayHist
finance29
MGM MIRAGE Actual
MGM MIRAGE Actual
finance29
MGM MIRAGE ProForma
MGM MIRAGE ProForma
finance29
Hotels in america
Hotels in america
CRrentahome,s.a.
harrah's entertainment DB_HOS_GAM_11_17_05
harrah's entertainment DB_HOS_GAM_11_17_05
finance25
Peninsula dec 15 final
Peninsula dec 15 final
krgc
Wre presentation
Wre presentation
krgc
harrah's entertainment Citi_EMT_Conf_1_9_06
harrah's entertainment Citi_EMT_Conf_1_9_06
finance25
PRESS-RELEASE-WIFE-3.pdfKen Ofori-Atta undergoes successful prostate cancer s...
PRESS-RELEASE-WIFE-3.pdfKen Ofori-Atta undergoes successful prostate cancer s...
businessweekghana
Untitled presentationzxczxczcxzczcz.pptx
Untitled presentationzxczxczcxzczcz.pptx
jonathan4241

More Related Content

Similar to Sumner Harrahs (20)

Kansas entertainment presentation
Kansas entertainment presentation
krgc
K hov short bio jun 12
K hov short bio jun 12
shoredave22
Cherokee book
Cherokee book
krgc
Mills harrah kansas bid 7 16
Mills harrah kansas bid 7 16
krgc
harrah's entertainment JHDB111306
harrah's entertainment JHDB111306
finance25
Golden ks review board presentation sep 3 version 3
Golden ks review board presentation sep 3 version 3
krgc
Hotels for sale worldwide
Hotels for sale worldwide
CRrentahome,s.a.
Golden presentation
Golden presentation
krgc
K hov.short bio.jun 12
K hov.short bio.jun 12
shoredave22
Evenergy Capabilities[1]
Evenergy Capabilities[1]
bmconnolly
2015 LGFRB Presentation Castle Rock Casino Resort
2015 LGFRB Presentation Castle Rock Casino Resort
krgc
Oct chisholm creek presentation final
Oct chisholm creek presentation final
krgc
MGM MIRAGE MandalayHist
MGM MIRAGE MandalayHist
finance29
MGM MIRAGE Actual
MGM MIRAGE Actual
finance29
MGM MIRAGE ProForma
MGM MIRAGE ProForma
finance29
Hotels in america
Hotels in america
CRrentahome,s.a.
harrah's entertainment DB_HOS_GAM_11_17_05
harrah's entertainment DB_HOS_GAM_11_17_05
finance25
Peninsula dec 15 final
Peninsula dec 15 final
krgc
Wre presentation
Wre presentation
krgc
harrah's entertainment Citi_EMT_Conf_1_9_06
harrah's entertainment Citi_EMT_Conf_1_9_06
finance25
Kansas entertainment presentation
Kansas entertainment presentation
krgc
K hov short bio jun 12
K hov short bio jun 12
shoredave22
Cherokee book
Cherokee book
krgc
Mills harrah kansas bid 7 16
Mills harrah kansas bid 7 16
krgc
harrah's entertainment JHDB111306
harrah's entertainment JHDB111306
finance25
Golden ks review board presentation sep 3 version 3
Golden ks review board presentation sep 3 version 3
krgc
Hotels for sale worldwide
Hotels for sale worldwide
CRrentahome,s.a.
Golden presentation
Golden presentation
krgc
K hov.short bio.jun 12
K hov.short bio.jun 12
shoredave22
Evenergy Capabilities[1]
Evenergy Capabilities[1]
bmconnolly
2015 LGFRB Presentation Castle Rock Casino Resort
2015 LGFRB Presentation Castle Rock Casino Resort
krgc
Oct chisholm creek presentation final
Oct chisholm creek presentation final
krgc
MGM MIRAGE MandalayHist
MGM MIRAGE MandalayHist
finance29
MGM MIRAGE Actual
MGM MIRAGE Actual
finance29
MGM MIRAGE ProForma
MGM MIRAGE ProForma
finance29
harrah's entertainment DB_HOS_GAM_11_17_05
harrah's entertainment DB_HOS_GAM_11_17_05
finance25
Peninsula dec 15 final
Peninsula dec 15 final
krgc
Wre presentation
Wre presentation
krgc
harrah's entertainment Citi_EMT_Conf_1_9_06
harrah's entertainment Citi_EMT_Conf_1_9_06
finance25

Recently uploaded (15)

PRESS-RELEASE-WIFE-3.pdfKen Ofori-Atta undergoes successful prostate cancer s...
PRESS-RELEASE-WIFE-3.pdfKen Ofori-Atta undergoes successful prostate cancer s...
businessweekghana
Untitled presentationzxczxczcxzczcz.pptx
Untitled presentationzxczxczcxzczcz.pptx
jonathan4241
Emerging market trends at AIM Summit.pdf
Emerging market trends at AIM Summit.pdf
nikitasingh312001
Oneworld Energy USA LLC Fraud CEO Mike Minor.pptx
Oneworld Energy USA LLC Fraud CEO Mike Minor.pptx
nathaniel leonard
Spending Review 2025 Event Presentation RF
Spending Review 2025 Event Presentation RF
ResolutionFoundation
PETITION.pdfScandal at NPA: Former Board Member Accused of Deep Bribery and C...
PETITION.pdfScandal at NPA: Former Board Member Accused of Deep Bribery and C...
businessweekghana
13062025_First India Newspaper Jaipur.pdf
13062025_First India Newspaper Jaipur.pdf
FIRST INDIA
Air India Plane Crash: Tragedy Strikes Near Ahmedabad
Air India Plane Crash: Tragedy Strikes Near Ahmedabad
New India Abroad
Top Innovations and Recent Technology in India Today
Top Innovations and Recent Technology in India Today
The News Buzz
Abdulwahed Abdulazeez- the legacy of a kind leader
Abdulwahed Abdulazeez- the legacy of a kind leader
sameerlicht19
United Nations Reforms in the Emerging International Scenario
United Nations Reforms in the Emerging International Scenario
Dr Satyam Tiwari
Detecting the Symptoms of Destructive Polarisation: The Practice Mapping Appr...
Detecting the Symptoms of Destructive Polarisation: The Practice Mapping Appr...
Axel Bruns
Evaluatewkcqe;dqe;kdnqekndqek'ndqwek'dqekion.docx
Evaluatewkcqe;dqe;kdnqekndqek'ndqwek'dqekion.docx
157551
Revelation_ The Unveiling of Jesus Christ Secrets Finally Revealed.docx
Revelation_ The Unveiling of Jesus Christ Secrets Finally Revealed.docx
Endtimeministries
EDSA Revolution and Democracy - the Youth and Students in Focus [uploadable]....
EDSA Revolution and Democracy - the Youth and Students in Focus [uploadable]....
ssuser0e98111
PRESS-RELEASE-WIFE-3.pdfKen Ofori-Atta undergoes successful prostate cancer s...
PRESS-RELEASE-WIFE-3.pdfKen Ofori-Atta undergoes successful prostate cancer s...
businessweekghana
Untitled presentationzxczxczcxzczcz.pptx
Untitled presentationzxczxczcxzczcz.pptx
jonathan4241
Emerging market trends at AIM Summit.pdf
Emerging market trends at AIM Summit.pdf
nikitasingh312001
Oneworld Energy USA LLC Fraud CEO Mike Minor.pptx
Oneworld Energy USA LLC Fraud CEO Mike Minor.pptx
nathaniel leonard
Spending Review 2025 Event Presentation RF
Spending Review 2025 Event Presentation RF
ResolutionFoundation
PETITION.pdfScandal at NPA: Former Board Member Accused of Deep Bribery and C...
PETITION.pdfScandal at NPA: Former Board Member Accused of Deep Bribery and C...
businessweekghana
13062025_First India Newspaper Jaipur.pdf
13062025_First India Newspaper Jaipur.pdf
FIRST INDIA
Air India Plane Crash: Tragedy Strikes Near Ahmedabad
Air India Plane Crash: Tragedy Strikes Near Ahmedabad
New India Abroad
Top Innovations and Recent Technology in India Today
Top Innovations and Recent Technology in India Today
The News Buzz
Abdulwahed Abdulazeez- the legacy of a kind leader
Abdulwahed Abdulazeez- the legacy of a kind leader
sameerlicht19
United Nations Reforms in the Emerging International Scenario
United Nations Reforms in the Emerging International Scenario
Dr Satyam Tiwari
Detecting the Symptoms of Destructive Polarisation: The Practice Mapping Appr...
Detecting the Symptoms of Destructive Polarisation: The Practice Mapping Appr...
Axel Bruns
Evaluatewkcqe;dqe;kdnqekndqek'ndqwek'dqekion.docx
Evaluatewkcqe;dqe;kdnqekndqek'ndqwek'dqekion.docx
157551
Revelation_ The Unveiling of Jesus Christ Secrets Finally Revealed.docx
Revelation_ The Unveiling of Jesus Christ Secrets Finally Revealed.docx
Endtimeministries
EDSA Revolution and Democracy - the Youth and Students in Focus [uploadable]....
EDSA Revolution and Democracy - the Youth and Students in Focus [uploadable]....
ssuser0e98111
Ad

Sumner Harrahs

  • 1. Sumner Resorts Harrahs Kansas: The Best Plan By Every Measure Delivering GREATER Benefits to Sumner County and Kansas
  • 4. Sumner Resorts Harrahs Kansas: Delivering the Most Benefits to Kansas MORE revenue to Sumner County and the State of Kansas MORE tourists to Kansas MORE amenities GREATER capital investment GREATER economic growth in Kansas GREATER reinvestment in the community GREATER community support for the project BEST location Sumner Resorts Harrahs Kansas: The best plan by every measure.
  • 5. Bruce Christenson Sumner Gaming & Resorts
  • 6. Sumner Resorts Harrahs Kansas Sumner Gaming Joint Venture, L.C., combining a trusted Kansas developer with the best casino resort manager Sumner Resorts local Kansas developer Bruce Christenson Bruce McPherson Mike McPherson Nancy Seitz James Walker Jeff Ungerer Harrahs Entertainment the worlds largest, most socially responsible and generous company in the industry Local community
  • 7. Anticipated Project Funding Harrah's Additional Kansas Development Total Project Debt $330 $56 $386 Sumner Gaming Equity $79 $19 $98 Harrah's Equity $76 0 $76 Total $485 $75 $560 In millions of dollars.
  • 8. A Proven Kansas Developer Developing in Kansas and the Midwest since 1987 3,000,000 square feet of retail completed/under development including the Derby Marketplace Over 4,000 multi-family units, numerous single family developments Sumner Resorts Harrahs Kansas is the only Sumner County proposal put forth by a Kansas developer
  • 9. Why we selected Harrahs Entertainment #1 Destination Entertainment Provider in the World Successful track record in building tourism related to casino resorts Fortune 500 ranks Harrahs Entertainment #1 in casino industry Serve more guests annually than any other entertainment company Harrahs has established relationships with the biggest names in the entertainment business Business Week ranks Harrahs as the most generous company in the US (by % of pretax profit) The leader in responsible gaming programs
  • 10. Charles Atwood Vice Chairman of the Board Harrahs Entertainment
  • 12. Harrahs Kansas: We have secured rights to more than 650 acres
  • 13. Driving Tourism through compelling offerings 18 hole championship golf course 13,000 square foot resort pool and a second private VIP pool 365 hotel rooms, including 30 suites and 5 private pool villas 5 restaurants and 3 themed lounges Outdoor amphitheatre for music concerts 30,000 square feet of convention space World-class casino with 2,000 slot machines, 50 table games and a World Series of Poker poker room
  • 17. Charles Atwood Vice Chairman of the Board Harrahs Entertainment
  • 18. Harrahs Kansas: The Links at Harrahs Kansas 18 hole championship course Adjoining residential development planned School of Golf
  • 19. Harrahs Kansas: The Pool and Spa Large pool, a third of an acre Private pool for luxury pool villas Pool deck caf辿 Luxurious spa
  • 20. Harrahs Kansas: Guest Accommodations 365 hotel rooms 5 luxury 2 - 3 bedroom pool villas 30 well-appointed suites 140 premium rooms 190 limited service rooms
  • 21. Harrahs Kansas: Restaurants and Lounges Five restaurants with a variety of price points to please every taste and budget 3 themed lounges Unique signature celebrity outlets
  • 22. Harrahs Kansas: Entertainment Exciting outside amphitheatre Will accommodate 5,000 people Indoor entertainment space that can seat 1,500 30,000 square feet of convention space will also be used as entertainment space Thrilling Cabaret for dancing and cocktails Only Harrahs can leverage existing relationships with the worlds most powerful brands to assist in the programming
  • 23. Harrahs Kansas: Conferences and Conventions Over 30,000 square feet of convention space 120,000 existing relationships with the nations top organizations that will be leveraged to immediately bring in convention business to Harrahs Kansas
  • 24. Harrahs Kansas- The Casino A Las Vegas resort quality casino 2,000 slots 50 table games for blackjack, roulette and poker World Series of Poker Room that will host WSOP sanctioned events
  • 25. Harrahs Kansas: Leveraging Powerful Industry Relationships Established relationships with global brands Harrahs in Tunica just opened a Paula Deen restaurant In North Kansas City and in Las Vegas we offer Toby Keiths I Love this Bar & Grill Bossier Citys Horseshoe recently opened the first Country Music Television (CMT) Crossroads Butch Harmons headquarters for his world famous golf school is at our Rio Secco course in Las Vegas All have expressed interest in helping us deliver amenities that will add to the nation-wide appeal of the resort
  • 26. When Sumner Resorts Harrahs Kansas Will Deliver Current anticipated schedule: Contract awarded, August 2008 Development begins, November 2008 Construction completed, mid-year 2010 Sumner Resorts Harrahs Kansas opens and begins generating revenue for Kansas and Sumner County, August 2010
  • 27. John Payne President of the Central Division Harrahs Entertainment
  • 28. Harrahs Properties are #1 or #2 in Each Major Market #1 #1 #1 Chicagoland Reno / Lake Tahoe Council Bluffs #1 #1 Atlantic City St. Louis #2 Las Vegas #2 Kansas City #1 Southern Illinois/ #2 Southern Indiana Laughlin #1 #1 Tunica Bossier City #1 Legend Biloxi HET property #1 New Orleans Major gaming market
  • 29. Harrahs Kansas: Delivering MORE to Kansas through operational excellence Harrahs is the worlds biggest casino entertainment manager Harrahs owns some of the industrys most powerful brands The industrys largest customer loyalty program, Total Rewards Harrahs Kansas will leverage this global database of 40 million to draw customers from around the country
  • 30. Driving Tourism Through Operational Experience and Capabilities Sumner Resorts Harrahs Kansas will deliver more than 3 million visitors annually leveraging sophisticated tools that no other manager can deliver Total Rewards, 40-million member customer loyalty database Expect to leverage Harrahs national air charter program to bring guests to Harrahs Kansas Current list of 120,000 organizations to program the 30,000 square feet of convention space
  • 31. Total Rewards The industrys largest customer loyalty program, over 40 million members Enables Harrahs to drive tourism throughout our deep network of properties
  • 32. Total Rewards Ensures Nation Wide Appeal of Resorts Example of the Power of Total Rewards. 40% of Harrahs Council Bluffs guests are from >100 miles away. Minneapolis/St. Paul $347K Sioux Falls $336K Chicago $580K Topeka $180K Kansas City $916K Denver $301K Wichita $114K LA area $152K Atlanta $78K Dallas/Ft. Worth $295K Houston $216K
  • 33. Total Rewards Ensures Nation Wide Appeal of Resorts Example of the Power of Total Rewards. 37% Horseshoe Indiana guests are from >100 miles away. Minneapolis/St. Paul $120K Green Bay $709K Chicago $1.2M New York $303K Kansas City $966K St. Louis $379K Washington$298K Nashville $2.5M Knoxsville $2M LA area $237K Atlanta $864K Dallas/Ft. Worth $438K Houston $461K Tampa $310K
  • 34. Total Rewards Case Study In 2004 Harrahs acquired the Horseshoe properties from Jack Binion Same properties, in the same locations are now generating 14% more in revenue then under the previous management Within the first 12 months of implementing Total Rewards: Harrahs boosted the number of customer trips to Horseshoe properties Harrahs increased new visitation to Horseshoe properties
  • 35. 3 Million Total Rewards Members Within a 3 Hour Drive We already know 3 million customers within a 3 hour drive of our Mulvane site. Mulvane Each ring = 25 miles.
  • 36. National Air Program Improved Customer Service Reliable Customer Journey Provides Harrahs Entertainment with the ability to fly customers to our properties Strategic relationship with charter airline Program Objectives Enter new markets and acquire new players Increase occupancy at targeted properties
  • 37. Harrahs Kansas: A responsible resort manager for Kansas Regulatory Compliance Overview Over 70 years of exemplary regulatory compliance in 16 unique jurisdictions Harrahs Entertainment is dedicated to maintaining the highest ethical standards Harrahs has enterprise-wide compliance program that is overseen by the Chief Compliance Officer Compliance program contains a wide variety of policies that set forth the companys focus on compliance with all laws, not just gaming laws All employees are trained, each property has a compliance director and a compliance committee Enterprise-wide compliance committee reports directly to the audit committee of the Board of Directors
  • 38. Harrahs Kansas: A responsible resort manager for Kansas First casino company to recognize, operationally address problem gambling Harrahs programs serve as models for entire industry Funded creation of first national helpline for problem gambling Received first corporate award given by National Council on Problem Gambling Regularly contribute to and assist international, national and local problem-gambling agencies First to offer nationwide self- exclusion, self-restriction Commitment to effective responsible gaming training for all employees
  • 39. Harrahs Kansas: A neighbor you want in Kansas Harrahs actively supports non-profit organizations in EVERY community where we operate Giving over $1.5 million each week to non-profits, Harrahs is committed to making each and every community in which we operate a vibrant place to live and work Named #1 to Business Weeks list of most generous companies (by % of pretax profit)
  • 40. Harrahs Kansas: Employer of Choice Harrahs Kansas will create 2,240 jobs Harrahs offers competitive wages Compensation includes full benefit packages (medical, dental, flex spending accounts for employees and dependents, 401K, etc.) Harrahs offers opportunities for advancement Tuition reimbursement Just ask our North Kansas City team Harrahs NKC recently won Best Place to Work in Kansas City
  • 42. Paula Deen New York Times best selling author Two-time Emmy Award winning Food Network Star Food Network shows include: Paulas Home Cooking, Paulas Party, Paulas Best Dishes The magazine, Cooking with Paula, hit the news stands in 2006
  • 43. Paula Deen Buffet in Harrahs Tunica
  • 45. Charles Atwood Vice Chairman of the Board Harrahs Entertainment
  • 46. The Best Plan by Every Measure and Every Report Experts for the Kansas Lottery Commission and Facility Review Board agree that Harrahs Kansas will generate the most revenue for the State of Kansas Christiansen Capital projects Harrahs Kansas to generate at least $8M more each year for the state and more than half a million dollars more to Sumner County Cummings Associates projects at least $7M more each year for the state and over $800K more each year for Sumner County Wells Gaming Research projects a Mulvane location will generate $50-60 million more in total revenues
  • 47. Harrahs Kansas: MORE Revenue Christiansen Capital Report Harrahs Kansas Penn Marvel Revenue to the $49 M $41 M $36 M State Revenue to $2.24 M $1.66 M $1.66 M Sumner County Cummings Report Harrahs Kansas Penn Marvel Revenue to the $45 M $38 M $34 M State Revenue to $2.37 M $1.53 M $1.53 M Sumner County
  • 48. Harrahs Kansas: Realizing the Spirit of Senate Bill 66 The MOST Revenue for Driving MORE BEST Interest Largest Initial Kansas & Tourism to of the State Investment Sumner Co. Kansas of Kansas $560 million More than 3 million $74 million in tax Financially stable projected budget visitors to Harrahs receipts to the state applicant Control over 650 Kansas annually of Kansas, local Experienced acre site counties and host manager city Future master Responsible, good planned $22 M in property neighbors development and other taxes EMS station bringing the total Kansas developer investment to over $1 billion. 48
  • 49. 49