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Economic Logic of 2011

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Submitted By ssadeghi
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Strategic Plan FY12

V. Economic Logic:

Economic outlook:

Overall economic indicators forecast the following trends in projected growth relating to Sol Casino’s market share:

2012 – For 2012 we are projecting that base revenues will remain flat but we will see revenue growth driven through the addition of the current Hotel Expansion Project. The hotel will be utilized to drive increased visitation and play from our existing players as well as attract new customers through FIT, OTA and Group Sales channels.

According to the April Goldman Sachs study, “The Outlook for the US Economy”, it may be possible to see signs of recovery in 2012. They expect GDP growth to accelerate to 4% growth for the remainder of the calendar year. If that occurs the unemployment rate could decline to as low as roughly 8% (nation-wide). They also expect inflation to be relatively low at 1%. The price of oil, however, could negate this gain and potentially trigger a deeper recession. At the time of this study oil prices were 20% higher than the same time the prior year. If that trend continues it would shave off half to 1% of the projected GDP growth. If a bigger price shock occurred, for example oil rising to $140 per barrel, we would be left with much slower GDP growth, potential unemployment increases and even the possibility of a double-dip recession. As a result of the uncertainty in the economy the casinos base revenues have been projected to remain flat. Growth will be realized by increasing market share through the use of the new Hotel Expansion project.

We will continue to focus on our primary product, Slots, and the supporting services to include increased and more effective guest service and guest service measures. We will continue to stay very aggressive in monitoring financial and operational efficiencies while maintaining a high quality product. After

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