7 crucial casino fundraiser steps and pitfalls to avoid when you are planning your next casino fundraiser.
Being working in the casino event and planning business for several years, I’ve heard from my customers some very sad stories about what happened during their casino fundraiser and I would like to pass on to you the seven steps to follow to ensure a successful casino fundraiser and find the most reputable casino event company for your event.
Step 1. The planning committee. This is the most crucial step in your planning and you should assign a person to each of the specific duties that need to be done for your event, which includes the Law and obtaining the necessary licenses, finding the right location and catering options for the event, securing sponsors to help with expenses, obtaining บาคาร่า donations for the event, finding the right casino and who will handle the money. It’s impossible for one person to manage all of these tasks. The only method that works is to assign one person accountable for each item and let them do the job, and notifying them of their progress every so often to the person who is responsible for the event. There will be plenty of time for all tasks. A suitable timeframe to start is 4-6 months before the date for the event.
Step 2. The law, and obtaining your township’s permit and fundraiser permission. Make sure to remember that gambling is illegal, and having casino games at your fundraiser could be considered gambling. This is essential because a casino fundraiser is not the same thing as organizing a car wash to raise funds. Since gambling is not legal, there are state-level authorities who are that are in charge of combating illegal gambling, which means the casino’s event falls under the exceptions to gambling laws. Let’s use New Jersey as an example. This state’s organization ABC (Alcoholic Beverage Control)is responsible for finding and eliminate illegal gambling. the handbook they have published does not contain any information about illegal gambling, or exceptions to the laws on gambling, it just says gambling and there was an instance where one of their investigators attempted to block a casino’s fundraiser in the belief that it was gambling. The issue was resolved prior to the event was scheduled due to the second point I want you to remember. Even though your casino’s fundraiser is gambling , and gambling is illegal, you come under the exemption to gambling laws in the state statute. It is in New Jersey the state legislature adopted a statute that allows casino gambling and created the Casino Control Commission to oversee the event. They also put in place a statute that permits casino fundraisers and created the legally-authorized Games of Chance Control Commission to supervise casino fundraising. The point I want you consider from this is to ensure that your casino event is legal, you need to know the law and get the necessary permits and township permission to hold the fundraiser. The fact that you’re an 501(c)3 non-profit organization that is often have a car wash to generate funds doesn’t mean it is legal to host a casino fundraiser simply because it seems like a good idea. In this case, you must understand that it’s best to contact your states Office of the Attorney General to learn about the regulations in your state that allow casinos as a fundraiser.
Step 3. Step 3. Best casino company. The licensing requirements needed for your state might also require the casino company for it to obtain a licence. There have been occasions within New Jersey where a non profit company was referred to as a casino party business and neither the parties knew the laws that led to the event being stopped and sanctions. Every state is unique and in New Jersey the casino company and all dealers must be licensed as a casino fundraiser. So the important point here is to first understand the requirement on your own by calling the authorities in the state, then you start calling the casino firms and ask whether they need to conduct a casino fundraiser. A good casino event company will ask if you are licensed and able to email them the forms required to get the license. They should be able to guide you through all aspects to obtaining your license, as well as getting township’s permission. If they do not assist you or explain the regulations the rules, they might not be able to comprehend them , which could be the cause of a catastrophe waiting to happen.
Step 4. Who’s really running your event? There are casino event businesses that advertise locally, and some who do it nationally. According to my experience, local businesses are the most suitable option for you, as national companies may not know the laws applicable to you. What’s more, national companies will not be doing your event. The way they handle it is to call the local companies, get an estimate from them and then add hundreds of dollars to the cost to answer your phone call. The local company will be doing the event and will provide you with a price that is much lower than that of the national firm. As you look at each company , you’ll find photos of celebrities and others enjoying themselves in casinos on the homepage of their websites. Don’t bother with all the material that is designed to attract you because it is not important. If you get price quotes from casino-related companies, you might get 3 or 4 quotes that are within the same range and 1 or 2 which are higher than the rest. Let’s take an example. let’s say you got quotes for $1000 1, $1100, $1200, and $2000. It doesn’t make any sense that 3 quotes were in the same range but one quote was higher, due to the fact that the extremely high quote comes from a national company who won’t be able to host the event as they are going to call the local company that provided you with the lower estimate initially, then add the extra cost to the bill.
Step 5. The tables at the casino. There is a common rule to be following, which is to have 70% of your players to have the ability to play. You can modify this rule, but I would recommend not going below 50 percent able to play. Casino companies should be able to advise you about this. They should also stay in continuous contact with you in the week leading up the event to revise the tables, if necessary. Let’s assume your event was 300 people, however in the final week, you discover that just 200 people are expected. A reliable casino will advise you to reduce table size. A bad casino will prefer you to stick to the original plan because they’ll earn more. Simply put, the best casino event company will prefer to have the proper number of tables without having too numerous or too few, and they should not put their profit above your needs for fundraising. Now let’s discuss the casino tables to be used during your party. I’m a an authorized dealer, however the top casino operators have the latest equipment, which doesn’t include folding legs made of metal and/or put skirting underneath the table to hide the legs made of metal. Find out why a legitimate casino doesn’t employ metal folding legs on their tables. Roulette or craps table can be very heavy, with as many as 14 people who are all leaning and shifting their weight onto the table. This is why it shouldn’t have metal folding legs at the table, as you do not want to risk the table could collapse. I would never play roulette or craps at a table that has legs made of metal. The thing to be aware of is that you should request that the casino company sign a contract stating that they will be the company doing your event and will not subcontract to another company. It is also important to ask the casino to supply pictures of the tables they’ll use for the event. It’s fine if they can show tables on their site, however, I’d like to know why a casino does not show photos of tables on its website. Don’t believe in the company with a picture of the table’s top with people enjoying themselves because it doesn’t show the table’s legs which I believe to be the most important element.
Step 6. Cost of the Casino company and recommendations. The casino party service should be making suggestions about the proper casino tables and the table size that you should have at your event. They’ll adhere to the rule of 70 percent of your guests able to play, but they should also be in constant contact with you throughout the time leading up to the event and be willing to reduce or add tables in the event of need. Remember the casino company is there to help you but also to earn money. A great casino company will guide you to cut down on the number of tables originally suggested depending on the amount of guests, allowing the casino to be a tremendous support to you but still be able to make money. The Poor casino companies will insist that you stick in the same plan as they did originally because they’ll earn more. The idea is that when you are playing with too few tables, then guests aren’t able to play , meaning that they won’t be able to contribute funds to the event or if you have too many tables , they will not be used , and you are spending more money than you are supposed to and you may be at risk of losing money to the charity because of it. The last point I want you to keep in mind is that some casino party companies that do fundraising will ask for a percentage of your profits. Don’t hire a business that requires a portion of earnings since it’s your money. Look at the casino company like a caterer or DJ. They get paid for their service in a fixed amount and not even a cent more.
Step 7. Who is going to handle the money. There is a rule of thumb for casino fundraisers that you must not allow the casino company to take the funds. It is important to remember that there could hundreds of thousands out there , and you need to remove all temptations and possible allegations. A reputable casino will guide you on how to establish an “bank” and what only your employees will be able to touch the funds. There are certain elements of the evening where the pit boss at the casino can help increase donations. This includes giving special chips for your guests if they donate more money to each table However, this should only be conducted one table at a single time with one of your employees standing close to them.