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Fundraising

Every organization could use more money. It is hard work to raise the money your organization needs to accomplish its goals.

1. Pre-Planning (2–3 Months Out)

- Define event goals (fundraising target, purpose for funds).

- Estimate budget and secure venue & casino equipment.

- Check local laws on raffles, gaming, and alcohol.

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2. Sponsorships & Partnerships (6–8 Weeks Out)

- Sponsorship Packages:

- - $500 – Table Sponsor (signage on one game).

- - $1,000 – High Roller Sponsor (logo on chips & flyers).

- - $2,500 – Presenting Sponsor (event naming rights, speaking opportunity).

- Secure prizes/donations from local businesses.

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3. Marketing & Ticket Sales (4–6 Weeks Out)

- Tickets: $50 General, $100 VIP, Group packages for companies.

- Promote via email, social media, community boards, sponsors’ networks.

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4. Event Setup (1 Week – Day Of)

- Atmosphere: décor, lighting, music, branded chips, photo booth.

- Staffing: professional dealers, volunteers, photographer.

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5. Fundraising During Event

- Check-in: Guests receive chips with entry.

- Offer rebuys for chips ($20 = 1,000 chips).

- Guests exchange chips for raffle tickets.

- Silent auction and live fundraising moments.

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Raffle or Lottery:

These can be very profitable and they are legal in almost every area we serve. A 50/50 raffle is popular. You might sell the raffle tickets for $10.00 each with $5.00 going to a prize pool and the other $5.00 going to your charity. Google “charity raffle tickets” and find a supplier who will print your raffle tickets (generally 8 to 12 cents each) which you can sell prior to your event. Sell a sponsorship for the raffle tickets for more than the cost of having them printed. For example, maybe Joe’s garage will sponsor tickets that cost you $100.00, and pay $150.00 for the sponsorship. They could put their company name, logo, and something like a discount on an oil change to anyone who comes to his shop and presents a ticket. Be sure the donor can provide you with a way to get in touch with them incase they are not able to attend your event.

 

6. Wrap-Up & Follow-Up

- Thank sponsors & guests during event.

- Send thank-you emails within 48 hours.

- Post photos and share fundraising totals.

- Add guests to donor database for future events.

Expenses

Again, the fundamental rule regarding expenses is to keep them to a minimum without compromising your event. Try to get everything donated that you can.

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Typical expenses incurred hosting a casino event:

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– Facility costs

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– Decorations and props (check out Shindigz and party rental stores)

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– Entertainment

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– Beverage costs

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– Food costs

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– Insurance

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– Security and Valet Parking

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– Clean Up

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All the points addressed below carry the same caveat: “without compromising your event.”

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Facility Costs:

Invariably, a free facility would be great. Attempt to secure a facility at little or no cost to your event. There are generally several organizations that are open to making their facility available at little or no charge. For smaller events, many restaurants will provide the facility at no charge if you are buying dinner for each guest. A new car dealer may donate the use of their showroom. Think outside the box.

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Decorations and Props:

Again, check out Shindigz.

Often balloons and streamers 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.

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Entertainment:

Do not let the guests feel like they are being short changed here. We offer a large assortment of great entertainment. We have casino parties, Poker nights/tournaments, DJs, Bands, Dinner Shows, Trivia Nights, Game Shows, Tribute Artists, Bingo, comedy, Hypnotists, Magicians, and much more. Just inquire! Make it a fun night and it will become bigger and better each year.

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Beverage Costs:

Arrange with your beverage supplier an agreement allowing you to return all unopened bottles, this way you only have to pay for the beverages sold. Don’t forget to have cold water available.

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Insurance:

Some facilities may require a one-night insurance coverage policy for your event, especially if you are not being charged for the venue.

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Security and Valet Parking:

Security and parking will vary with different locations.

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Here is another idea:

The goal is to have a jewelry store to donate jewelry (both real and fake) without the guests knowing which is which. Encourage them to visit the jewelry store to find out. I’ve seen clients sell 100 envelops, in 10 of them there are keys, and they line up at the end of event. Only one of the keys will open the lock box that displays the diamond necklace, or cash, or what ever “teaser” prize you have (there is usually something small in all the envelops so everyone gets at least something). If you want a copy of the Oklahoma Charitable Lottery Act, I can get it for you.

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Do not sell anything too cheap. Many of your guests are there to help support your organization and don’t mind the prices. Let the bargain hunters go to flea markets and garage sales.

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Other Fundraising Ideas:

It has become my passion, maybe even a ministry, to help deserving charities get the money they need. I have lots of other ideas on fundraising. A party or gala is not right for every group. I read a lot about different ways charities can raise money. A raffle is hard to beat, you don’t need an event, there are many opportunities for donated prizes, and it’s hard to lose money on a 50/50 raffle. A lot of youth sports teams offer their players a choice, sell so many raffle tickets or pay a certain amount of money for the season. There are a lot of good ideas onPinterest and  Rewarding Fundraising Ideas. You can also simply Google “charity fundraising”.

 

You can always give me a call and I’ll give you some free advice. I promise it will be worth the price. FREE.

Sample Budget (for ~150 Guests)

Expense                                                 Estimated  Cost

Casino equipment & dealers                        $2,500

Venue rental                                                 $1,500

Food & drinks                                               $2,500

Décor, printing, marketing                            $1,000

Prizes (some donated)                                $500-$1,500

Total Expenses                                            $8-$9000

 

 

Revenue Source                                    Estimated Income

Ticket sales ($75 avg × 150)                      $11,250

Sponsorships                                               $7500

Rebuys & raffles.                                          $5500

Silent auction                                               $5000

 

 

Total Income                                               $29,750

Net Profit                                              $20,750-$21,750

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