I am attempting to model the economic impact of casino operations.
Considering the diverse components of a casino, such as the gambling, restaurants, retail shops, golf courses, and/or hotel accommodations, I am unsure whether to model these components separately with distinct industry codes and specific revenue and employment figures or if I should use the aggregated spending patterns associated with Industry Code 503 - Gambling industries (except casino hotels) and, when a casino includes hotel facilities, Industry Code 507 - Hotels and motels, including casino hotels.
Could you advise on the best approach to represent these operations in the model accurately?
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