Consolidated casinos, new hotels, more challenges.
Driven by improving economic trends and new consumer behavior, widespread changes are putting pressure on the gaming, hospitality, and leisure industries. For commercial casinos, consolidation has increased in an expanding international market; companies are merging with one another to gain more market share and reduce competition. Meanwhile, new hotels and resorts continue to emerge, and businesses are keeping an eye on the future, closely monitoring the preferences of millennials.
BDO is one of the only global firms to dedicate a practice to serving the Gaming, Hospitality, and Leisure sectors. We provide hotel consulting, M&A due diligence, debt restructuring, and international tax planning services to clients throughout the country, and around the world.
Through articles, conferences, and research reports, BDO’s professionals are at the forefront of critical industry issues, publishing insights and speaking on a variety of emerging challenges and opportunities. Our international team keeps businesses up to date on proposed tax laws and regulation changes, offering proactive guidance as companies restructure and reorganize their operations in the face of new industry trends.
In addition to regular auditing, accounting and taxation matters, we have extensive experience of advising and assisting these clients with:
- Business review and strategic planning;
- International tax planning and structuring;
- Due diligence;
- Corporate acquisitions and disposals;
- Financial and industry regulations and compliance;
- Installation of management reporting and controls and internal audit functions;
- IT controls, environment reviews and systems improvement advice, etc.