To ensure your Casino fundraiser event is meticulously planned, consider these key steps. Although some points may not apply universally, they address common scenarios event organizers often encounter:
Potential Revenue Streams:
By carefully strategizing these revenue streams and expenses, you’ll be equipped to host a successful Casino fundraiser event that meets your fundraising goals. Remember, a well-balanced approach ensures both an enjoyable experience for attendees and a successful outcome for your cause.
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Once more, the guiding principle when it comes to expenses is to maintain them at a minimum without compromising the quality of your event.
Common expenses associated with hosting a casino event include:
– Venue costs
– Advertising expenses
– Decorations and props
– Rental of casino equipment and hiring dealers
– Beverage expenditures
– Food budget
– Insurance coverage
– Security measures
– Cleanup arrangements
Venue Costs:
Strive to secure a facility without incurring expenses. Seek out organizations willing to provide their venue at a nominal fee or no cost.
Remember, by diligently managing these costs, you can optimize your resources and create a remarkable casino event that meets your objectives.
Advertising:
Today social media is a common way in advertising an event. A more effective way is to communicate directly with people. And when you can hand them a physical print out of the event and information, this will make it easier for people to remember. Our print team can provide customized printed flyers for your event. | CLICK HERE TO FIND OUT MORE ABOUT OUR CUSTOMIZED FLYERS |
Decorations and Props:
Often balloons and streamers or ribbon will suffice when decorating the event facility. Always weigh up the cost of any props you are considering using. People are typically not at your event for the decorations. Solicit donations if possible however, prioritize a table sponsorship donation ahead of a prop donation almost every time.
Casino Equipment Rental:
Ensure you offer an accurate headcount to enable precise equipment planning. Having an excess of equipment escalates costs, while a shortfall in tables risks dampening your event’s success.
Beverage Costs:
Coordinate with your beverage supplier to establish a system for returning unopened bottles. This approach allows you to pay solely for the beverages sold, minimizing unnecessary expenses.
Insurance:
Certain venues may mandate a one-night insurance coverage policy for your event, particularly if you’re not incurring venue charges. This precautionary measure helps ensure a smooth event experience.
Security:
Likewise, security and parking considerations follow a similar pattern. Costs for these aspects can vary based on different venues and organizations. It’s essential to factor in these potential expenses when evaluating and choosing a suitable event location.
Clean Up:
Assign a dedicated team of volunteers to handle facility cleaning responsibilities. Their efforts will contribute to maintaining a tidy and organized event space.
Admission
Ask the following questions:
How much money do you want to make? = NET PROFIT
How many tickets can you sell for this event? = TICKETS
What is the total of all expenses? = EXPENSES
What is the total of my net profit plus all my expenses? = GROSS
NET PROFIT + EXPENSES = GROSS
GROSS / TICKETS = TICKET PRICE
Example:
We wish to raise $3500 from our event
Our intention is to sell 200 tickets
Our total expenses are $1500
$3500 + $1500 = $5000 (Gross)
$5000 / 200 tickets = $ 25 per ticket
What then needs to be determined is if this price is appropriate for what you intend to provide your guests and will your market support the sale of your proposed quantity of tickets at this price. Remember that you might even be under charging your guests!
By selling the proposed number of tickets and following the guidelines above you will always realize at-least your intended net profit and in most cases a higher amount. However, if you don’t sell your intended number of tickets or if your expenses are higher than budgeted; your net profit is adversely effected in both cases.
Call us today and one of our representatives will help assist you setting up your casino fundraiser with no cost sponsorship.
When organizing an event, you are confronted by many decisions. However, choosing a venue is the one decision that will have the largest impact on your event. Critical planning information, such as the date for the event, is dependent on the venue you select. Understandably, making this choice can be a bit intimidating as it can be hard to know what to look for when selecting a venue.
Before you begin your search, there are a few things you’ll want to have a strong understanding of:
– Budget
– Number of attendees
– Type of event (formal, high-tech, etc.)
Once you have an idea of these three things, you can begin your search for a venue. Having the venue booked at least six months in advance will ensure that you have the date of your event set in stone. This date will inform the timeline and milestones you’ll need to work with until your event happens. Additionally, this will give you ample time to market your event. And make sure to contact the area’s local Convention & Visitor’s Bureau to inquire about venues that best suit your needs.
When you’re ready to search for the perfect venue, consider the following 10 important factors:
1. Cost
As a cost-conscious organizer, you may want to keep the venue cost down to allow more room in your budget for food and beverages and entertainment. Being flexible on the date can be a great negotiating tool, as certain days of the week tend to cost less.
2. Ambiance
Pay special attention to the existing decor inside the venue. What style is the architecture and what does the building’s interior convey? If you’re holding a gala, you’ll likely need different venue accommodations than you would for an expo. The less the ambiance matches the desired feeling of your event (upscale, high tech, etc.) the more decorating you’ll need to do to make up for it.
3. Services and Amenities
In addition to the appearance of the site, it is also important to take into consideration the services and amenities that the venue offers. Consider the following:
4. Location
A convenient location means different things for different events. For an event with attendees within a limited geographic range, a venue within a reasonable distance from most attendees’ homes or places of work may make sense. However, if many attendees will be traveling from out of town, hosting the event at a venue near the airport or their hotels will be beneficial. Better still, if attendees are being housed at a single location, hosting the event at that hotel mitigates the need for valet parking and the chance that attendees will be late due to getting lost.
5. Capacity and Minimums
6. Parking
Does the venue have a parking lot or valet parking? A venue with a parking lot is what dreams are made of. If that’s not the case, are there parking lots nearby which attendees can access and use? If there is no parking available, you’re not completely out of luck as you have a few alternatives:
7. Layout
Even though you’ll be finding your venue early in the event planning process, you’ll still want to have a rough idea of what types of activities you’ll be including, the amenities you’ll require, and the needs of your team and the attendees.
While narrowing down your selection, get an illustrated floor plan of each venue, and walk through your favorites at least once, making note of important things such as where the outlets are and where AV equipment is or can be located.
The layout and floor plan will greatly affect a few different aspects of your event:
8. Accessibility
Accessibility refers to the possibility that everyone, especially those with special needs, can access the building and its amenities. Before you can answer this question, you’ll need to understand who your attendees are and what their needs are. You’ll probably know whether there will be children at your venue, but you may not know if there will be individuals with other special needs. In this situation, reviewing recent events hosted by your organization may give you a sense of this.
9. Insurance
Some venues won’t do business with you if you don’t have insurance.
10. Acoustics
Have you ever attended an event at a venue that was so loud, it was hard to hear others, causing you to strain your hearing and lose your voice, all in one night? That’s caused by poor acoustics. Acoustics is just a fancy word for how sound travels through the venue. A low ceiling will make the venue seem cozy, but it will make it louder if it’s packed. Alternatively, a large warehouse-style venue will result in echoes, or what architects refer to as “reverberation”.
A Chinese auction is a great way to get extra profits out of donated goods and services. Obviously, the more items you have up for grabs, the more tickets you’ll sell and the more funds you’ll raise. Try one at your next fundraising event and you’ll be pleasantly surprised!
Planning your casino fundraiser around a central theme is the best way to add interest and create excitement about your casino fundraiser. An event theme also helps tie everything together.
Other entertainment we can provide for your Casino Fundraiser:
– Professional Show Girls
– Cigar girls
– DJ’s
– Impersonators
– Photo Booths
– And More
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