7 crucial casino fundraising tips and traps to avoid when organizing your next casino fundraising.
Being in the party and casino planning business for many years I’ve heard from clients about some extremely sad stories of what occurred at their casino fundraiser and I’d like to you the 7 actions you need to take to ensure that you have an event that is successful at the casino and find the most reputable casino party provider to host your event.
Step 1. The organizing committee. The most important stage in planning your event and it is essential to assign a member to each of the specific tasks to be completed for your event. These tasks includes the Law and obtaining the necessary licenses, finding the location and catering for the event, securing sponsors to assist with the costs, getting gifts from friends and family, locating the right casino, and who will handle the cash. It’s impossible for one individual to be responsible for all the above items. Bocoran taiwan The only method that works is to have one person in charge of each task be left to accomplish the task at hand, but reporting their progress every so often to the person assigned in charge of the event. You’ll need plenty of time to finish all tasks. A suitable timeframe to begin is between 4-6 months prior to the event date.
Step 2. The law, and getting your fundraising license and township permission. Be aware that gambling is not legal, and having casino games at your fundraising event is gambling. This is important because a casino fundraiser is not the same thing as hosting a car wash to raise money. Since gambling is illegal, there are authorities from the state who are responsible for stopping illegal gambling which means the casino’s event falls under the exceptions to gambling laws. Let’s use New Jersey as an example. The state department ABC (Alcoholic Beverage Control)is responsible to find and prevent illegal gambling, the handbook they have published does not say illegal gamblingor any exceptions to gambling laws. it simply states gambling and there’s been instances where ABC’s investigators tried to block a casino fundraiser claiming the event was gambling. The situation was resolved before the event date because of the second aspect I want you to be aware of. Even though your casino fundraiser is gambling , and gambling is not legal, you are under the exemption to gambling laws by state statute. In New Jersey the state legislature made a law to permit gambling at casinos, and also created the Casino Control Commission to oversee the event. They also made a law that allows casino-related fundraisers, and established the legalized Games of Chance Control Commission to supervise casino fundraising. The point I want you learn from this would be to ensure that your casino event is legal, it is essential to understand how to comply with the law, and also obtain proper licenses and township permission for the event. If you’re an 501(c)3 non profit organization and often have an auto wash to raise funds doesn’t mean you’re able to have the casino event because it’s an excellent idea. At this point, you need to know that it’s recommended to contact the state’s Office of the Attorney General to determine the law in your state that allow casinos as a fundraiser.
Step 3. The Best casino business. The licensing requirements of you state may also require the casino for it to obtain a licence. There have been occasions in New Jersey where a non profit company was referred to as a casino party company and neither of the participants knew about the law and the party was ended and fines. Each state has its own laws but 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 learn about the requirements on your own by calling the authorities in the state and then call the casinos companies and ask the requirements for a casino fundraising. A reputable casino party service will ask you if you possess a valid license and will be in a position to send you the documents needed to get the license. They should be able to guide you through every step of obtaining your license and getting the township’s approval. If they fail to help with the process or explain the rules then they may not understand them and that could be a disaster that is waiting to happen.
Step 4. Who’s really running your event? There are casino event companies who advertise locally and some who do it nationally. In my experience the local companies are the best for you since national companies may not know the laws that apply to your state. What’s more, national firms won’t be able to host your event. They will call the local companies, get an estimate from them, and then add hundreds of dollars to the cost for just answering the phone call, and the local company will be hosting your event . They will have given you a quote which is lower than the national firm. When you visit each company , you’ll find some that have photographs of famous actors and revelers enjoying themselves at a casino on the homepage of their websites. Do not bother with the content intended to lure you in, because it’s not necessary. When you are receiving price quotations from casino-related companies, you could get 3 or 4 quotes that are within the same general range and 1 or 2 which are higher than the others. Let’s consider an instance and say you received quotes for $1000, $1100, $1200 and $2000. It doesn’t make any sense the fact that three quotes were all in the same range but one quote was much higher as the extremely high quote is from a national firm that is not going to hold your event due to the fact that they are going to contact the local company who gave you the lower estimate in the first place, then add the extra money to the bill.
Step 5. The casino tables. There is a standard rule to adhere to which is that you should want about 70 percent of your players to have the ability play. You can modify this rule, but I would never go below 50 percent able to play. The casino’s company should advise on this. They should also remain in constant contact with you in the week leading up to the event and help you adjust the tables, if necessary. Let’s assume your event was 300 people, however at the end of the week, you find that only 200 people will show up. A trustworthy casino business will suggest you reduce table size. A bad casino will prefer you to stick with the original suggestion because they’ll earn more. Simply stated, the BEST casino event company will prefer to have the proper number of tables, and not too many or too few and shouldn’t place their profits above the requirements for fundraising. Let’s now discuss the casino tables that will be used for your event. I’m a an authorized dealer, however the best casino companies have new equipment that doesn’t have folding metal legs and/or use skirting under the table to hide the legs in metal. Find out why a legitimate casino doesn’t have folding metal legs for their tables. Roulette tables or a craps table is extremely heavy with up to 14 players leaning and shifting their weight onto the table. It’s possible that’s the reason why you don’t want to have legs that fold in metal on the table because you do not want to risk the table could collapse. I’ll never bet on roulette or craps at any table with steel folding legs. The thing to remember here is that you should ensure that the casino party company put in writing that they will be the company doing your event and will not subcontract the event to any other business. You should also ask the casino to supply photos of the tables that they will use during the event. It is acceptable if they show you the tables on their site, however, I’d like to know why a casino doesn’t not have photographs of the tables on the website. Do not believe in the company with a picture of the top of the tables filled with fun people because it does not show the table’s legs which I consider to be the most important component.
Step 6. Costs From the Casino company and recommendations. The casino company will provide suggestions for the proper casino tables and the amount of tables to have for your event. They should follow the rule that 70 percent of guests being able to gamble, however, they should remain in constant contact with you leading up to the event and be willing to limit or add tables when needed. Remember the casino company will be there to assist you but also want to earn profits. A reputable casino will advise you if needed to cut down on the number of tables initially suggested depending on the amount of guests. This allows them to be of great aid to you, and yet generate a profit. The poor casino firms will advise you to stick on the original strategy because they’ll earn more. This is because when you are playing with too few tables, then guests aren’t able to play meaning they can’t donate money to the event and if you have too many tables they will not be utilized and you are spending more money than you need to, and there is a chance loss of funds for the charity because of it. The last point I want to make is that some casino-related companies that conduct fundraising want a percentage of your profits. Avoid hiring a company that would like a share of earnings since it’s your money. Take a look at the casino business like a caterer or DJ. They are being paid for their service with a flat rate and not even a cent more.
Step 7. Who is going to handle the cash. There is a cardinal rule for casino fundraisers that you must not allow the casino company to take the funds. Remember that there may have thousands of dollars there and you want to remove all temptations and possible allegations. A trustworthy casino company will show you how to set up the “bank” and how only your representative will handle the cash. There are certain elements of the night where the pit boss from the casino will do things to help increase donations. This includes giving chip-specific gifts to guests who donate more than the table’s amount however this should only be done at a table at a given time, with the representative of your company standing behind them.