7 important casino fundraising tips and traps to know when you are planning your next casino fundraiser.
Having been in the party and casino managing business for years I’ve heard from my customers several very tragic stories of what happened at their casino fundraiser and I would like to pass to you the 7 steps you must follow to ensure an enjoyable casino event and find the most reputable casino party service for your event.
Step 1. The planning committee. This is the most critical aspect of your event’s planning. you must assign a person to each of the specific requirements for your event. These tasks include the Law and getting the appropriate licenses, locating the place and catering requirements for the event, securing sponsors to assist with expenses, obtaining gifts for the event, locating the correct casino company, and who will be handling the cash. It’s impossible for one person to handle all of these tasks. Bocoran taiwan The only way to succeed is to make one person in charge of each task and let them do the job, and notifying them of their progress every so often to the person in charge for the event. You will need plenty of time to finish each task. A good time frame 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 not legal, and having casino games at your fundraising event is gambling. This is vital because a fundraiser at a casino isn’t the same as hosting a car wash to raise money. Because gambling is illegal , there are state authorities that are in charge of the prohibition of gambling that means your casino fundraiser will fall within the scope of an exemption to gambling laws. Let’s take New Jersey as an example. State agency ABC (Alcoholic Beverage Control)is responsible for identifying and stop illegal gambling. but their manual does not contain any information about illegal gamblingor any exceptions to gambling laws. it only states that gambling is illegal, and there was instances where ABC’s investigators tried to block a casino fundraiser claiming the event was gambling. The problem was solved prior to the event date because of the second point I want you to be aware of. Although your casino event is gambling and betting is not legal, you are under an exception to the gambling laws imposed by the state statute. It is in New Jersey the state legislature passed a law allowing gambling at casinos, and also created the Casino Control Commission to oversee the gambling activity. They also put in place a statute that permits casino fundraising and set up the legalized Games of Chance Control Commission to oversee casino fundraisers. What I would like you learn from this is to make your casino fundraising legal, you should be aware of the law and get the appropriate permits and township approval for the event. Just because you are an 501(c)3 non profit organization and used to having a car wash to raise funds , doesn’t mean you can have an casino-themed fundraiser just because it’s a good idea. So at this point you need to know that it’s an excellent idea to contact your state’s Office of the Attorney General to determine the law for your state regarding the casino event.
Step 3. Step 3. Best casino business. The requirements for licensing in your state could additionally require the casino to have a license. There have been occasions within New Jersey where a non profit organization called a casino party company and neither of the participants knew about the law that led to the event being stopped and fines. Each state is different and in New Jersey the casino company and all the dealers must have a permit for casino fundraisers. The key thing here is to learn about the rules on your own by calling the state authorities and then call the casinos and asking them what is required to host a casino-related fundraiser. A good casino party company will ask you to have your license and be competent to send you the documents needed to obtain the license. They will help you navigate the process of getting your license as well as obtaining the township’s approval. If they fail to help you or explain the rules then they may not understand the rules and it could result in an accident in the making.
Step 4. Who’s actually running your event? Be aware that there are casino-themed party businesses that advertise locally, and others that do it nationwide. I have found that local ones are the best for you since national ones may not be aware of the laws for you state. The worst part is that the national companies will not be hosting your event. What they do is call the local companies, get a quote from them and add hundreds of dollars on the invoice to answer your phone call, and the local company will host your event . They will provide you with a price that is lower than that of the national firm. If you take a look at every company you will see images of celebrities and others having fun in a casino on the home page of their websites. Don’t bother with all the material that is intended to lure you in, because it’s not really important. When you receive price quotes from casino-related companies, you may get three or four quotes that are within the same general band, but there are a couple which are more expensive than the other quotes. Let’s look at an example. let’s say you got quotes for $1000 1, $1100, $1200, and $2000. It’s not logical that 3 quotes were in the same range but one quote was more expensive and that is because the most expensive quote comes from a national company who will not do your event due to the fact that they are likely to contact the local business that gave you the lower estimate at the beginning and then add the additional cash to the invoice.
Step 5. The table at the casino. There is a standard rule to be following, which is to have around 70 percent of your visitors to be allowed to play. It is possible to modify the rule, but I wouldn’t let it fall below 50 percent able to play. The casino should inform you on this. They should also stay in continuous contact with you in the weeks leading up to the event in order to change the tables if needed. Let’s say your event had 300 people, however within the last week, you realize that only 200 people attend. A trustworthy casino business would suggest reducing the number of tables. A poor casino company will want you to stay with the original suggestion because they’ll earn more. Simply put, the top casino party business will make sure that having the right amount of tables and not too numerous or too few and also they shouldn’t increase their profit over the requirements for fundraising. Now let’s discuss the tables at the casino which will be used at your party. This is my opinion as a licensed dealer, but the most reliable casinos use the latest equipment, which doesn’t include folding legs made of metal and/or have skirting beneath the table to hide the legs in metal. You should ask yourself why a genuine casino does not have metal folding legs for their tables. A roulette or craps table can be very heavy, with as many as 14 players leaning and shifting their weight across the table. Perhaps that’s why you should not put metal folding legs on the table because you do not want to take the chance that the table can collapse. I will never deal roulette or craps on any table with metal folding legs. One thing I would like you to remember here is that you should ensure that the casino party company sign a contract stating that they will be the sole company that will be hosting your event and will not subcontract to another company. You should also require the casino company to provide pictures of the tables that they will use during the event. It’s okay if they are able to display the tables on their site, however, I’d like to know why a casino doesn’t not show photos of tables available on their website. Do not believe in the company with a picture of the table’s top with people having fun because it doesn’t show the legs of the table which I consider to be the most crucial component.
Step 6. Cost From the Casino company, and any suggestions. The casino party company should be offering suggestions on most appropriate casino tables as well as the table size that you should have at your event. They’ll adhere to the general rule that 70 percent of your guests being allowed to play, but they should remain in constant contact with you in the lead-up to the event, and they should be able to reduce or add tables when needed. Remember the casino company is there to assist you but also to earn profits. A good casino company will advise you if needed to cut down on the number of tables initially suggested in relation to the number of guests. This allows the casino to be a tremendous support to you but still make a profit. The poor casino firms will advise you to stick on the original strategy because they’ll earn more. The point here is that If you’re not able to have enough tables then your guests can’t play meaning they can’t donate money to the event, and if you have too many tables they will not be utilized and you’re spending more than you are supposed to and you may be at risk loss of funds for the charity due to it. One last thing I want to stress is that some casino parties that perform fundraising want a percentage of your profits. Never hire a company that would like a share of profits since that is your money. Consider the casino’s company just like you would a caterer or DJ. They are being paid for their service for a flat amount, and not a penny more.
Step 7. Who will manage the funds. There is a cardinal rule in any casino fundraiser that you must not allow the casino company to take the funds. Remember that there may many thousands there and you want to be clear of all possible allegations. A great casino company will guide you on how to set up an “bank” and what only your representative will handle the money. There are certain aspects of the evening where the pit boss at the casino will help get more donations. They can do this by offering chip-specific gifts to guests if they donate more cash at each table however this should only be done one table at a time with one of your representatives sitting right next to them.