How Do You Open A Casino

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Etymology and usage. Casino is of Italian origin; the root casa means a house. The term casino may mean a small country villa, summerhouse, or social club. During the 19th century, casino came to include other public buildings where pleasurable activities took place; such edifices were usually built on the grounds of a larger Italian villa or palazzo, and were used to host civic town functions. Find a city/state where casinos are legal. First things first, decide where your casino is going to be. What You Need to Know Before You Start. You’re finally in a twinkly, noisy casino. You’ve filled up at the buffet and you’re itching to roll the dice and see if lady luck is on your side.

Last updated Jan. 12.

The uncontrollable spread of COVID-19 has made it very difficult for the US casino industry to function in most states. Across the country, casinos are limiting the number of customers on their floors or are closing their doors to casual and experts bettors in an effort to prevent the spread of the coronavirus.

Casinos were particularly hard hit in the spring, when most were forced to shutter. On March 19, the American Gaming Associationissued a release on the crisis. AGA President and CEO Bill Miller said:

With a spike of coronavirus cases in the fall and winter of 2020, casinos are once again being forced to shut down in many states. Most casinos remain open in some respect, but that will likely change.

Though many gamblers will turn to horse betting, online casinos and online poker, our staff at PlayUSA wants to keep you up to date with a list of casino properties that have suspended operations in the wake of this global pandemic.

Alabama casinos

Wind Creek casinos in the state are open with some restrictions.

Arizona casinos

Most Arizona casinos are open subject to general COVID restrictions in the state. Twin Arrows Navajo Casino Resort is currently closed.

Arkansas casinos

Arkansas casinos are open, with some restrictions.

Latest report on Arkansas casinos here.

California casinos

California is currently under a stay-at-home order and capacity restrictions in most regions. However, most California tribal casinos are currently open with a variety of restrictions that don’t always line up with state guidelines. More on that here.

Colorado casinos

Casinos in Colorado mostly remain open, but some such as Ute Mountain Casino Hotel have opted to close temporarily. Table games are shut down in some other casinos. More on that at PlayColorado.

Connecticut casinos

The state’s two casinos, Mohegan Sun and Foxwoods Resort, are both open with restrictions. As of the week of Dec. 1, Foxwoods announced even further restrictions and temporary closing of some hotel areas.

Latest report on casinos in Connecticut here.

Delaware casinos

The three Delaware casinos are currently open with some restrictions

• Delaware Park
• Dover Downs
• Harrington Casino and Raceway

Florida casinos

All of Florida’s casinos are currently open with varying restrictions.

Idaho casinos

Most Idaho casinos remain open.

Illinois casinos

All casinos in Illinois remain closed as of Nov. 20 under an order from Gov. JB Pritzker. Visit PlayIllinois for more updates.

Indiana casinos

Indiana casinos mostly remain open, with some restrictions. Visit PlayIndiana for more updates.

Iowa casinos

All Iowa casinos are currently open, but with restrictions.

More on casinos in Iowa here.

Kansas casinos

Kansas casinos remain open for now.

Kentucky racing

There are no casinos in Kentucky.

Louisiana casinos

Most Louisiana casinos remain open, but at limited capacity.

More information here on casinos in Louisiana.

Maine casinos

Maine casinos are open but must close earlier than usual due to a curfew that has been set by the Governor. The curfew currently does not have a set end date. More on casinos in Maine here.

Maryland casinos

Maryland casinos are open, with restrictions. However, infections in Maryland via casinos have drawn some scrutiny.

Massachusetts casinos

Massachusetts’ three casinos — Plainridge Park, MGM Springfield, and Encore Boston Harbor — are all open, with restrictions. More from PlayMA here.

Michigan casinos

Michigan’s three commercial casinos have reopened after being closed for the second time around.

• MGM Grand
• Greektown Casino
• MotorCity Casino

Some tribal casinos have also closed their doors for now.

Minnesota casinos

Native American tribes with casinos remain open for now, with restrictions. More here.

Mississippi casinos

All 26 of the state’s casinos remain open.

Missouri casinos

Missouri casinos are all open, with varying restrictions.

Montana casinos

Some of Montana’s tribal casinos are closed. There are restrictions that limit capacity in casinos in the state.

Nevada casinos

Casinos in the state and in Las Vegas remain largely open, but at reduced capacity. These include Palazzo, for example, where rooms are closed seven days a week but the casino floor remains open. The Mirage began a full-scale mid-week closures to its hotel, casino and all amenities on Jan. 4. More from PlayNevadahere and more on Las Vegas specifically can be found here.

New Hampshire casinos

There is no word yet on when casinos in New Hampshire will reopen.

New Jersey casinos

Are Any Casinos Open Now

Atlantic City casinos continue to stay open, with restrictions. Of course, online casinos in New Jersey, are still running.

New Mexico casinos

Worsening conditions in New Mexico have led to almost all casinos being closed. More here.

New York casinos

All New York casinos, both commercial and tribal, remain open for now.

North Carolina casinos

The only two casinos in North Carolina, Harrah’s Cherokee Casino Resort and Harrah’s Cherokee Valley River Casino are currently open.

North Dakota casinos

Tribal casinos are generally open in North Dakota, although it is on a case by case basis.

Ohio casinos

Ohio casinos remain open, but are subject to a curfew.

Oklahoma casinos

Almost all Oklahoma casinos are currently open.

Oregon casinos

Most tribal casinos in Oregon remain open, with restrictions. Chinook Winds Casino in Lincoln City is one that has closed temporarily.

Pennsylvania casinos

PA casinos were allowed to re-open as of Jan. 4 after a short closure period, and most did in fact re-open that day or in subsequent days. River Casino Philadelphia remains closed at least untill Jan. 15. Updates From PlayPennsylvania here.

Rhode Island casinos

The two Rhode Island casinos, Twin River Casino in Lincoln and Tiverton, re-opened on Dec. 21.

South Dakota casinos

Many South Dakota casinos have closed because of worsening COVID cases in the state, but a few remain open.

Texas casinos

Texas casinos are currently open.

Washington casinos

The state’s tribal casinos all remain open with restrictions.

West Virginia casinos

All five of West Virginia’s casinos remain open, with restrictions.

Wisconsin casinos

Tribal casinos are open or closed on a case by case basis. More here.

Wyoming casinos

Wyoming casinos are currently closed.

If it’s legal in your state, opening a casino can be a brilliant way to make money. From Blackjack to Slot Machines, there are so many ways to make profits by opening your own casino.
After all, the house always wins!

Still, opening your own casino is no easy feat, and there are several steps involved in the process.
Here we look at how to open a casino, step by step.

What You Need To Open A Casino

You can’t just buy some roulette wheels and call it a day – there is a lot you need in order to start your own casino.
Here are the basics:

• Be in a legal gambling state/region
• Solid business plan
• Initial capital
• Know-how of the gaming business
• Know-how on different gaming platforms (slot machine knowledge etc.)
• Experience in the gambling industry
• Venue/land for casino construction
• Gaming license application
• Registration with the local authorities

Opening night

Once you’ve got the basics down and your casino is being constructed, you need to start creating buzz and getting the word out about your new casino.

Conduct aggressive advertising campaigns and publicity through print and digital media to help the venue secure interest for opening night and beyond.

If possible, invite some Hollywood, television, or public celebrities for the opening event. Make the opening a grand event by offering good discounts, money coupons/vouchers, and free gifts to all the attendees on the day of opening.

Make a night to remember!

Starting a Casino, Step by Step

Despite the legal limitations in some US states, there are over 1,000 active casinos in the USA today, worth a total of $240 billion and employing more than 2 million Americans directly or indirectly.

It’s easy to see why land-based casinos remain popular in the age of online gambling – there’s something about the glamor and sophistication of a casino that makes betting on reds and blacks more exhilarating and fun in person.

So, if you wanna be a successful casino tycoon, here’s what you need to do:

1. Find a city/state where casinos are legal

Is It Safe To Go To Casino

First things first, decide where your casino is going to be.
18 US states currently permit commercial casinos, and 29 legally allow tribal casinos (on Indian Reservations) in the US. Your selection is naturally limited, but there are plenty of popular regions to choose from, including Nevada, California, and Florida.

Before landing on a target city/state for your new casino, consider the local economy, the people who live there, and whether the area is desirable for tourists.

There’s no point building a great casino in the middle of nowhere!

2. Research the local gambling industry for insights

Once you know that the state allows the casino business, you need to undertake a preliminary study of the city to decide whether a casino will do well in the area.

Your preliminary project report must shed light on the following aspects:

• Are locals and tourists already prevalent in the gaming industry?
• How many local people are involved in online gambling in online casinos?
• How many casinos are already in the business in the area, what is their financial report of the last few quarters?
• Is any local casino suffering losses, if so, then why?
• How much revenue will likely be generated compared to your investment?
• Other aspects like availability of local manpower, skilled/unskilled workers nearby, and how long it will take to recover your initial investment costs.

Once the project report is ready, study it with industry experts and decide whether the location is suitable for the new casino or not.

It’s essential to meet with consultants who know the local space well!

Keep in mind the prospective market available, transport facilities, other big business houses, and the location of other casinos. The location has to integrate well with the local public custom, culture, habits, and financial status.

3. Calculate the capital required and expected ROI

Once you have received the project report and all the legal information and market have been obtained, you need to raise capital for the project.

For setting up a good casino in the USA, at least $500K in funds is required. The rate of return on investment should also be considered while planning a budget.

However, the rate of return on investment (ROI) should not be included in financial planning for about a year.

On average, the profits may start coming in after 6 months of successful operation, and after that, a profit of $50K may be expected.

The projected capital requirement should cover the following:

• Complete construction and readiness of the casino, including the cost of land and construction
• All the required permits of fire and electrical connections
• All municipal and other authority permissions, including registration of the business and license to start the business
• Cost of equipment and machinery, advertising, opening ceremony, and initial discounts to attract the customers from day one
• Salaries and allowances of the employees for 2 months
• A certain amount of funds to be kept as a backup plan should the requirement arise

4. Get Your Gaming License and Register

Once the location has been scheduled, you must register the casino with the local authorities.

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This is compulsory!

Without obtaining the required registration, no construction or material procurement should be started. There is always the possibility that your application will be rejected.

There may also be some restrictions from the government authorities.

A separate gaming license is also required for any casino. Therefore, after the successful registration of the casino, a gaming license is to be obtained from the authorities before starting the construction.

5. Construct your new Casino

Once the required licenses have been obtained, the construction of the casino can be started.

The construction should follow the project timelines, any delay will overrun the projected finances, and the project may not remain a viable business.

There are always unforeseen problems when constructing large projects like this, so try to leave extra time and money in your budget to allow for these problems.

6. Buy equipment and train your employees

Upon near completion of construction, all the required equipment, machinery, furniture, slot machines, and other pieces of equipment must be procured.

You can’t have a casino without any slots in it!

You need to start hiring and training your employees at this point – everyone from Roulette Croupiers to Security and Kitchen Staff. If you can hire people who have worked in the gambling industry before, that would be preferable.

Naturally, you’ll want to look for people who have experience in places like Las Vegas and Atlantic City.

7. Prepare for opening night!

Once all the preparatory actions are in place, aggressive marketing strategies and campaigns are to be undertaken. You need to capture the attention of the local media and make a real spectacle on your opening night.

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It’s an unspoken rule that any casino opening night needs a celebrity to attend or cut the ribbon officially. This associates your casino with the glamor of the celebrity and also helps to drum up interest in your new venue.

If a loved TV star or Musician comes to open your casino, people will come to see them. It’s that simple.

Make sure you’ve got plenty of money for your opening night. This needs to be a night to remember, and all your guests need to feel special that night. Leave no stone unturned and spare no expenses to make your opening night extra special.

How much does a casino owner make a year?

Unsurprisingly, owning a successful casino is a very good way to make money.

The median salary for a casino owner in the US is $203,842, however, the more successful casino owners can easily make over $1 million every year.

The house always wins, which is good news for your wallet!

Conclusion

Building a casino is no easy feat, especially with all the restrictions in place in the US. Nevertheless, with the right preparation, good research, and a bunch of capital, you can open a casino that’s a real money-making machine!

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Do you have any advice on how to open a casino? Maybe you’ve got some experience in this industry? Feel free to leave a comment below!