7 important casino fundraiser steps and pitfalls to
understand when planning your next casino fundraiser.
Having
been in the casino party and planning business for many years I have heard from
customers some very sad stories of what occurred at their casino fundraiser and
I would like to pass to you the 7 steps you must follow to ensure you have a
successful casino fundraiser and hire the BEST casino party company for your
event.
Step 1. The planning committee. This is the most important step in your planning and you must assign a person to each of the specific tasks that must be accomplished for your event, which include the Law and getting the appropriate licenses, finding the location and catering for the event, getting sponsors to help with the costs, getting gifts donated, finding the correct casino company, and who will be handling the money. It is impossible for one person to handle all of the above items. The only successful way is to have one person responsible for คาสิโน each item, leave them alone to perform the task, but having them report their progress every so often to the person assigned in charge for the event. You will need plenty of time to accomplish all the tasks I a good time frame to start is 4-6 months before the event date.
Step
2. The Law and obtaining your fundraiser license and township permission.
Always remember that gambling is illegal, and having casino games at your
fundraiser is gambling. This is important because a casino fundraiser is not
the same as holding a car wash to raise funds. Because gambling is illegal
there are state authorities in charge of stopping illegal gambling which means
your casino fundraiser will fall under an exception to the gambling laws. Let's
take New Jersey as an example. The state agency ABC (Alcoholic Beverage
Control)is responsible to find and prevent illegal gambling, unfortunately
their own handbook does not say illegal gambling, or exceptions to the gambling
laws, it only says gambling, and there has been an occasion where one of their
investigators attempted to stop a casino fundraiser claiming it was gambling.
The situation was resolved before the event date because of the second point I
want you to remember. Even though your casino fundraiser is gambling and
gambling is illegal, you fall under an exception to the gambling laws by state
statute. In New Jersey the state legislature created a statute to allow casino
gambling and created the Casino Control Commission to oversee the activity,
they also created a statute to allow casino fundraisers and created the
legalized Games of Chance Control Commission to oversee casino fundraisers. The
point I want you take from all this would be to make your casino fundraiser
legal, you must understand the law and get the proper licenses and township
permission for the event. Just because you are a 501(c)3 non profit
organization and used to having a car wash to raise funds doesn't mean you can
have a casino fundraiser simply because it sounds like a good idea. So at this
point you should understand it is a good idea to call your states Office of the
Attorney General to find out the laws in your state to have a casino fundraiser.
Step
3. The Best casino company. The licensing requirements needed for you state may
also require the casino company to be licensed. There have been occasions in
New Jersey where a non profit organization called a casino party company and
neither of the parties knew the laws resulting in the event being stopped and
fines. Each state is different and in New Jersey the casino company and all the
dealers must have a casino fundraiser license. So the important point here is
to first learn the requirement on your own by calling the state authorities,
then you start calling the casino companies and ask them what is required to
have a casino fundraiser. A good casino party company will ask you if you have
your license and be able to email you the forms needed to obtain the license.
They should guide you through all aspects to obtaining your license and getting
the township permission. If they do not assist you or explain the rules then
they may not understand them and that could be a disaster waiting to happen.
Step
4. Who is really doing your event? Understand there are casino party companies
who advertise locally and some who do it nationally. In my experience the local
companies are the best for you because the national companies may not know the
laws for you state. Even worse is the national companies will not be doing your
event. What they do is call the local companies, get a quote from them and add
hundreds of dollars to the bill just for answering your phone call, and the
local company is who will be doing your event and they will have given you a
quote that is less than the national company. As you look at each company you
will see some that have photographs of movie stars and people having fun in a
casino on the front page of their website. Forget all that material designed to
attract you because it is not important. When you receive price quotes from the
casino party companies you may get 3 or 4 that are in the same general range
and 1 or 2 that are much higher than the others. Let's give an example and say
you received quotes for $1000, $1100, $1200 and $2000. It doesn't make any
sense that 3 quotes were in the same range and one quote was much higher and
that is because the very high quote is from a national company who will not do
your event because they are going to call the local company who gave you the
lower quote in the first place, then add the extra money to the bill.
Step
5. The casino tables. There is a general rule to follow which is you want
approximately 70 percent of you guests to be able to play. You can modify this
rule, but I would not go below 50 percent able to play. The casino company
should advise you on this. They should also stay in constant contact with you
in the week leading up to the event to revise the tables if needed. Let's
assume your event was 300 guests, but in the last week you realize only 200
will show up. A reputable casino company will suggest you reduce the number of
tables. A poor casino company will want you to stay with the original
suggestion because they will make more money. Simply stated, the BEST casino
party company would rather you have the correct number of tables and not too
many or too few, and they should not put their profit above your fundraising
needs. Now let's discuss the casino tables that will be used for your event.
This is my opinion as a licensed dealer, but the best casino companies have new
equipment which does not have folding metal legs and/or use skirting under the
table to hide the metal legs. Ask yourself why a real casino doesn't use metal
folding legs on their tables. A craps or roulette table is very heavy with up
to 14 people all leaning and shifting their weight on the table. Maybe that's
the reason you shouldn't have metal folding legs on the table because you do
not want to take the chance the table collapses. I will never deal craps or
roulette on a table that has metal folding legs. The point I want you remember
here is that you should have the casino party company put in writing that they
will be the company doing your event and will not subcontract to another
company. You should also require the casino company to provide photographs of
the actual tables they will use at the event. It is fine if they can show you
the tables on their website, but I would ask myself why a casino company does
not have photographs of the tables on the website. Do not accept the company
having a photo showing the top of the tables with people having fun because
that does not show the legs of the table which I consider the most important
part.
Step
6. Cost from the Casino company and suggestions. The casino party company
should be making suggestions on the proper casino tables and the number of each
table to have for your event. They will follow the general rule of 70 percent
of your guests being able to play, but they should also be in constant contact
with you leading up to the event and be willing to reduce or add tables if
needed. Remember the casino company is there to help you but also want to make
money. A great casino company will advise you if needed to reduce the number of
tables originally suggested based on the number of guests, allowing them to be
a great help to you and still make a profit. The Poor casino companies will
want you to stay with the original plan because they will make more money. The
point here is that if you have too few 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 used and you are spending more money than you should, and you
could run the risk of losing money for the charity because of it. The last
point I want you to remember is some casino party companies that do fundraising
want a percentage of your profits. Never hire a company that wants a percentage
of the profits because that is your money. Look at the casino company as you
would a caterer or DJ. They are being paid for their service a flat fee and not
a penny more.
Step
7. Who is going to handle the money. There is a cardinal rule in casino
fundraiser that you never allow the casino company to touch the money. Keep in
mind there could be thousands of dollars out there and you want to remove all
temptations and possible accusations. A great casino company will advise you
how to set up a "bank" and how only your representatives will touch the
money. There are certain aspects of the evening where the casino company pit
boss will do things to help encourage additional donations by making chip
specials to your guests if they donate more money at each table, but this
should only be done one table at a time with one of your representatives
standing next to them.
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