7 essential casino fundraising steps and pitfalls to understand when making plans for your next casino event.
Since I’ve been involved in the planning and casino party business for several years I’ve heard really sad stories from customers regarding what happened during their casino-related fundraisers. I’d like to share with you the seven steps you must to follow to have a successful fundraiser and find the most reliable casino party service.
Step 1. The planning committee. This is the most fokuswin crucial stage in organizing. You must assign someone for each job. This includes the Law and getting licenses as well as finding the appropriate venue and catering, locating sponsors, getting gifts donated and locating the right casino company. It is impossible for one person to handle all of the above items. The only successful way is to have the same person be responsible for each item, leave them to complete the task, but have them report their progress every time to the person responsible for the event. It will take a lot of time to finish all tasks. A ideal time to begin is around 4-6 months before the date for the event.
Step 2. The law and obtaining your fundraising license and township permission. Remember that gambling is illegal, and having casino games at your fundraiser is gambling. This is crucial because a casino fundraiser is not the same as the same as a car wash that raises money. Gambling is illegal and authorities from the state could stop it. Therefore, that your casino event will be exempt from the gambling laws. Let’s look at New Jersey as an example. The state-run agency ABC (Alcoholic Beverage Control)is responsible for finding and stop illegal gambling. however their handbook does not say illegal gambling or any exceptions to the laws on gambling, it just says gambling and there has been an instance where one of ABC’s investigators tried to stop a casino fundraiser by claiming that it was gambling. Due to the second reason the matter was settled prior to the event date. Even though your casino fundraiser is gambling , and gambling is illegal, you fall under the exemption to gambling laws imposed by the state statute. New Jersey’s state legislature passed a law allowing casino gambling. They also created the Casino Control Commission, which supervises the event. Additionally, they created a statute allowing casino fundraisers. The legalized Games of Chance Control Commission was established to oversee casino fundraisers. It is essential to be aware of the law to ensure that your casino fundraising is legal. The fact that you’re an 501(c)3 non-profit organization and used to having a car wash to raise funds, doesn’t mean that you are able to hold a casino-themed fundraiser just because it’s a good idea. At this point you must realize that it’s a good idea to reach out to your state’s Office of the Attorney General for information on the state laws for casino fundraising.
Step 3. Step 3. Best casino business. Licenses may be required by the state for the casino business. New Jersey has seen instances where a non-profit organization known as a party casino was operating. This resulted in the event being stopped and parties being fined. Each state is different and in New Jersey the casino company as well as all dealers have to have a license for a casino fundraising. Therefore, the most important thing is to first learn the requirement on your own by contacting the state authorities. Then you can contact the casino companies and ask whether they need for a casino fundraising. A reputable casino party service will inquire if you have a license and be in a position to send you the forms needed to obtain the license. They should guide you through the entire process of the process of obtaining your license as well as the township permission. If they do not assist you in understanding the rules , they might not understand them and that could lead to a disaster waiting to take place.
Step 4. Who is really doing your event? There are both local and national casinos party businesses. In my experience the local companies are the best for you since national corporations may not know the laws for you state. The worst part is that the national companies won’t be able to host your event. You can call local businesses to get a price. This can add hundreds of dollars on your bill for answering your call. Local companies will then take over the event. Their estimate will be less than that given by the national company. As you look at each company you will see certain ones that feature photos of celebrities and others playing in a casino on the home page of their websites. Don’t bother with all the material that is that is designed to entice you as it’s not necessary. When you receive price quotes from the casino party companies you might get 3 or 4 that are within the same general range as well as 2 or 3 which are more expensive than the other. Let’s take an example. let’s say you got estimates for $1000, $1100, $1200 and $2000. It isn’t logical that 3 quotes were in the same range but one quote was much higher and this is because the quote that is very high comes from a national business that is not going to hold your event due to the fact that they will contact the local business that offered you the lower price at the beginning, then add the extra cost to the bill.
Step 5. Step 5. You should allow 70% of your guests to participate at the tables of the casino. This can be changed however I would not allow guests to play below 50%. The casino should inform you about this. They should also stay in regular contact with you throughout the week important prior to the event to revise the tables if needed. Imagine that 300 people attend your event, but 200 turned up the previous week. Casinos with a good reputation will suggest that you cut down on the amount of tables. Unreputable casinos will tell you to stick with their original suggestion, as they’ll make more money. The most reliable casino party business will insist that you have the right number of tables, and not too many or insufficient. They should not place their earnings above your fundraising goals. Let’s talk about the tables at the casino you’ll make use of for your event. My opinion is based on my experience as an authorized dealer, however the top casinos have modern equipment that does not feature metal legs that fold and/or use skirting under the table to conceal the metal legs. What’s the reason why an authentic casino doesn’t utilize folding legs made of metal for their tables? The weight of a craps or roulette table can be very heavy, with 14 people in the table and shifting their weight around. Maybe that’s the reason you shouldn’t have metal folding legs on the table as you do not wish to run the risk that the table will collapse. A table that has metal legs that fold isn’t a good location to play craps or roulette. It is important to ensure that the casino company you choose to host your event insinuates that they are the sole company that is responsible and will not subcontract any other organization. Casinos is required to take photographs of the tables that they plan to make use of to host the event. It is acceptable if they show you the tables on their site, however, I’d like to know why a casino company doesn’t have photos of tables on their website. Don’t believe in the company with a picture of the top of the tables with people enjoying themselves because it doesn’t show the tables’ legs, which I consider the most important element.
Step 6. Costs from the Casino company and their suggestions. The casino party service should make suggestions about the most suitable tables for casino games and how many each table is required for your party. They will adhere to the general rule of 70 percent of your guests being able play. However, they must remain constantly in contact with you prior to the event and be willing to reduce or add tables when needed. Casinos want to make money, however, they’re here to assist. A great casino company will help you to cut down on the amount of tables originally recommended based on the amount of guests. This allows them to be a great aid to you, and yet generate profits. Since they are able to make more money and are more profitable, the less successful casino businesses will insist that you stick to the initial plan. The point here is that if you have too few tables, then guests aren’t able to play , meaning that they won’t be able to contribute money to the event and if there are too many tables they will not be used and you are spending more money than you should, and you could run the risk of losing money for charity due to it. One last thing I want you to keep in mind is that certain casinos that offer fundraising require a portion of the profits. Don’t hire a business that is looking to take a cut of profits as it is your money. Casino companies is DJ or caterer. They’re paid for their service a flat fee and not a penny more.
Step 7. Who is responsible for the cash. There is a cardinal rule for casino fundraisers that you never allow the casino company to touch the money. Remember that there may be thousands of dollars out in the world and you must remove all temptations and possible charges. The most reliable casinos will help you set up a bank and tell whom your representatives are authorized to be able to touch the cash. The pit boss of the casino may offer additional incentives to encourage donations. For instance, if your guests donate more cash to the table, they can create special chips for guests to use. However, this should be conducted at a single table with one of your representatives.