2 days ago Divots Grille and Not Quite Vegas will present a Casino Night to benefit the Melbourne Women’s Center. The charity event is scheduled for 6 to 10 p.m. 6 at Divots Grille in the Viera East Golf Club off Murrell Road in Rockledge. #SteveCarell #TheOfficeUS #NBC'Why are you the way that you are?!?' Season 2, Episode 22 'Employees take some big gambles when they host a charity casino-nigh. Casino Night Fundraiser Casino night fundraising offers a wide array of options and can be extremely profitable. You can hold a Vegas-style night, Texas hold’em event or a combination of the two. Which one is right for your group depends on the number of volunteers and interest of your prospective supporters.
A is a great way toraise money for charities or non-profits. Although, running a successful fundraiser is easier said than done. No matter how big or small the event, there’s one thing we can always attribute to their successes: proper planning! For example, when we ask hosts”How much money would you like to raise?”most realize they haven’t given it anythought.Key steps like settingrevenue goals are a crucial part of the planning process. Another important factor is to determine what tables are legal to use in your state. For example in the state of CA,games such as roulette, blackjack, banking or percentage games, and dice games, when offered for play for anything of value, are prohibited by Penal Code section 330.These games are prohibited as they are not controlled games, and therefore cannot lawfully be offered at charitable fundraising events –https://oag.ca.gov/gambling/charitable, for more information. Every state is different so it is imperative to check with your local legislative to see what is acceptable at your fundraising event.
CalculatingRevenue & SettingTicket Prices
Having a realistic goal of how much money you would like to raise is the key starting point. It determines ticketpricing and the limit of your expenses.Ask the following questions:
- How much money do you want to make? =Net Profit
- What’s the max numbertickets you expect to sell? =Tickets
- What is the total amount of projected expenses? =Expenses
- What is the total of my net profit plus all my expenses? =Gross
Net Profit+ Expenses= Gross
Gross / Tickets = Ticket Price
For Example say you wantto raise$3500 at your fundraiser. You aim to sell200tickets and yourtotal expenses are projected to be $1500. To determine what pricing your tickets should be, add $3500 to $1500 which equals $5000 then divide this by the total number of tickets you aim to sell. $5000 divided by 200 is $25 per ticket sold. Once you have calculatedthe price per ticket, ask yourselfif this amountwill support your revenue goals. It is possible you may not be able to sell your proposed quantity of tickets at this price. For example, if I sell 175 tickets at a rate of $25 per ticket sold that means I’ve earned $4375 from my event. With my expenses estimated at $1500, I would net only $2875 from the fundraiser which is under my target.To account for this, ask yourself if you are under charging guests. It ispossible you will not sell as many tickets as you expect to.
Let’s take the previous example. Your fundraiser sold 175 tickets but, instead of $25 per ticket, you charged guests $30 per ticket which is a 20% raise. At this amount, if you sold the same amount of tickets, you would earn $5250. Subtract from this your total expenses ($1500) and your net profit would be $3750 which is $250 over your target amount.
When pricing tickets you want to choose an amount that ensures you will meet your goals but will not discourage guests from attending. If you are worried about ticket sales, remember there are other ways to generate revenue at a fundraiser.
When generating revenue, casino fundraiser do not need to be restricted to ticket sales only. One or more of the following channels can generate revenue:
Table sponsorship is an excellent strategy to distribute the total cost of the event and reduce the overall amount you payout.Hosts can organize sponsors into different levels giving each business or individual achance of participating in the fundraiser. For example a High Roller sponsorship would sponsora table for $200 and in return would receive $500 in starting chips instead of the normal $100 thatguests receive at the start of theevent.The non-profit organization is giving the individual additional casino chips which costs it nothing and in essence are cashing in on an advanced re-buy from the guest. The sponsor gets more chips to play with and advertising. Plus the donation is a tax write off for them since the organization would bea registered non-profit.In the end, table sponsorship gives businesses and individuals an amazingopportunity to get public recognition and benefits the non-profit’s cause.
Re-buys can be a huge part of acasino fundraisers. When guests run out of playing chips they have the ability to purchase morefrom the host organization. This increases the total revenue and gives players another chance at the casino tables. There are many factors that affect re-buys, such the affluence of guests, but if done correctly, they can count for a large amount of revenue. One of thekey factors is to make sure guests don’t start with a high amount of chips or else re-buys will never occur. Every fundraiser is different but we recommend guests don’t start off with more than $100-$200 each. The only setback to re-buys is that theynever guaranteed. Think of them asa nice bonus for your casino fundraiser.
If you are going to give guests the full Vegas Casino experience, then offering them drinks is a must? Adding beverages to the mix is a great way to liven up the party. Also, don’t expect every person at your fundraiser to be playing at the tables. Plan for them to be walking aroundand socializing with one another.
Having food at any party is a must and party hosts have a lot of options with this area. You can charge guests for the dinner and earn revenue from this which ultimately adds to the event’stotal profit. You can include dinner for every guest and charge per plate instead of per person. You can cater the event. In the end, when it comes to food at your fundraiser, the goal is to use it as a way of increasing your total revenue and thus, your total profit.
Auctions are something that can be fun for anyone attending your event. This gives guests an alternative activity to playingat the casino table and another opportunity to engage in the festivities.
Want To Hold A Casino Night Party? Call Party Vision to book your next Las Vegas style casino party, casino equipment rental today. We are the largest and best casino rental company in New England.
We have a huge assortment of rentals for your casino party including craps tables, blackjack tables, Caribbean stud poker, Texas hold Em poker tables, roulette tables, Let it ride, real slot machines and many more options for rental casino equipment. Our staff are dedicated to providing your casino event with the best casino equipment rentals you need. Whether you are hosting a charity fund raising event, company casino holiday party, school Vegas night or community Monte Carlo Night we have the right games for you!
Go all in with Party Visions casino games. Our events come with everthing you need for a successful Vegas Night. Our staff will deliver your casino tables right to you. We provide all the gaming accessories for the casino night including cards, dice, chips, shufflers, Slot machine tokens and we can even provide custom 'funny money' with your company, school or organization's name. All Casino parties come with a pit-boss to run the event. We have two options for casino dealers. You can provide volunteers which our pit boss will train or we can provide all the trained dealers you need for an additional charge to run your poker tables, black jack tables, dice game, slot machines, roulette tables and other casino equipment.
We continually work to reduce our overhead to bring our customers the finest casino party rentals equipment at the lowest rates possible. Contact our office for assistance in creating a casino night party event that your guests will never forget. We provide Las Vegas entertainment delivered right to your door.
We have been providing Casino rental equipment and services all over New England and the Tri State area including Massachussetts, New Hampshire, Vermont, Maine, Rhode island, New York and New Jersey for over 15 years.
Casino Themed parties are great for all types of events including Corporate parties, fund raiser Vegas nights, charity casino events, college Texas hold em parties, School Homecomings, Company Holiday parties, private home Vegas nights and even Bar Mitzvah and Bat Mitzvah.
Here are some of our most popular casino packages:
Vegas night express (100-150 guests):
5 card tables, choose form Black Jack, Texas Hold Em, Let it Ride, Caribbean Stud and three card poker
Charity Casino Night Uk
Monte Carlo Night (150-200 guests):
7 card tables, choose form Black Jack, Texas Hold Em, Let it Ride, Caribbean Stud and three card poker
6 real Slot Machines
Desert Casino No Deposit Codes
Texas hold Em Tournament:
up to 20 Texas Hold Em Tables
You can always add more table rentals to any of our casino theme packages for a great night to remember. We have 100's of casino tables.
From Boston to Albany, Bangor to New york City, all over the north East we are the company to call for your next casino event!