What is the minimum amount needed to establish an organised offline Casinos?

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Sike_lottery

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The offline casinos need a lot of funds to establish because you will need to purchase lot of game machines and you will also need a structure that would contain all the machines including the employees. it will be quite expensive to establish an offline casinos unlike the casino websites which will be much more easier to maintain and managed.

What is the minimum amount needed to establish a well organised offline casinos?
 
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Well, I do not have an estimate but I think that the casino is an investment that is capital intensive. It needs a lot of money to establish because there are lot of things to purchase to make it a standard casino.
 
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Establishing a casino company is not usually an easy thing to do and I'm sure everybody will accept that casino business is one of the most lucrative business known throughout the world. If you consider the worth of some casinos, you will know that the amount to establish a casino offline will not be small. A well organized casino might cost a minimum of $10 million
 
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jidemania said:
Establishing a casino company is not usually an easy thing to do and I'm sure everybody will accept that casino business is one of the most lucrative business known throughout the world. If you consider the worth of some casinos, you will know that the amount to establish a casino offline will not be small. A well organized casino might cost a minimum of $10 million
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Casino is a very big company and to establish one, you will need huge amount of capital to execute it . It is indeed a very big conglomerate that is capital intensive and apart from the establishment, we will need money to service winnings.
 
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I dont know the minimum amount needed but i know you're going to need a huge amount of money to set up an offline casino business, offline casino is even the most expensive business to set up, it requires a lots of money to finance it, if enough money is not available things may not work out fine
 
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I'm not an expert when it comes to organising a casino four or more platform but all I do know it will cost a lot of money to establish a qualifier and organise casino, most of these games that are fake they are not well organised that is why the secret amount of money from gamers in order to make profit,that is why we need to be careful of the type of game we are involving our self into
 
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uka said:
I'm not an expert when it comes to organising a casino four or more platform but all I do know it will cost a lot of money to establish a qualifier and organise casino, most of these games that are fake they are not well organised that is why the secret amount of money from gamers in order to make profit,that is why we need to be careful of the type of game we are involving our self into
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Casiono is a capital intensive business because you will need a huge amount of capital to establish one and that is an established fact. Everyone knows that humongous amount of money is needed to build a casino.
 
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Lens said:
Casiono is a capital intensive business because you will need a huge amount of capital to establish one and that is an established fact. Everyone knows that humongous amount of money is needed to build a casino.
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If you're looking for a company that needs huge capital to establish, the Casino is definitely one of them because it a major reason why it is recorded that casinos needs a lot of capital to establish . This is the basic truth.
 
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Flower said:
If you're looking for a company that needs huge capital to establish, the Casino is definitely one of them because it a major reason why it is recorded that casinos needs a lot of capital to establish . This is the basic truth.
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One of the capital-intensive establishment that you can come across in the business industry is the casino. This not a business establishment by someone who is not rich and wealthy in all ramifications.
 
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Lens said:
One of the capital-intensive establishment that you can come across in the business industry is the casino. This not a business establishment by someone who is not rich and wealthy in all ramifications.
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If anyone tell you that the casino is very easy to establish, it is true Because establishing the casino is not the big problem but running the casino to make it successful is where the problem comes in which is very rigorous including the huge capital that is involved.
 
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Flower said:
If anyone tell you that the casino is very easy to establish, it is true Because establishing the casino is not the big problem but running the casino to make it successful is where the problem comes in which is very rigorous including the huge capital that is involved.
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The cost of running the casino is where the rigorous activity is from but if you have more than enough capital,. the business will be seamless and it will be easier to run without stressor that is why capital is pivotal in this type of business.
 
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This can only be estimated by some experts on casino businesses. The fact is that it does cost more to set it up. That's why some people always go on loan just to get it established while some form partnership and joint business.
 
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I believe to establish an offline casino site , you should actually budget about $20k , because obviously you would have to buy a land that you would run the company and also build the company , you would definitely need to consider buying the machines to be used too
 
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You are going to need nothing less than 20000 dollars to establish and organise game house offline. This price include the amount you are going to obtain licence from the government some of the necessary equipment and renting office space to start up the business.
 
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swift said:
I believe to establish an offline casino site , you should actually budget about $20k , because obviously you would have to buy a land that you would run the company and also build the company , you would definitely need to consider buying the machines to be used too
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To establish an offline casino you would need a huge amount of money because it requires the input of some huge amount of money to buy the machines that you would need to equipped the casino room.
 
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Lens said:
The offline casinos need a lot of funds to establish because you will need to purchase lot of game machines and you will also need a structure that would contain all the machines including the employees. it will be quite expensive to establish an offline casinos unlike the casino websites which will be much more easier to maintain and managed.

What is the minimum amount needed to establish a well organised offline casinos?
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The minimum amount that one requires to build a brick and mortar casino is extremely exorbitant. I cannot give you a definite amount, but your budget must be quite high in order to pull this enterprise off
 
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Most times its just good to even budget excess money more than what you would be needing , you should actually budget enough amount of money that you would be needing to actually start up your casino platform or site
 
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swift said:
Most times its just good to even budget excess money more than what you would be needing , you should actually budget enough amount of money that you would be needing to actually start up your casino platform or site
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Your point is actually valid. This is because you need to flexible enough in a monetary sense to factor in other expense that could be incurred in your quest to establish a casino website, to be quite frank with you.
 
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Ronny_4son said:
Your point is actually valid. This is because you need to flexible enough in a monetary sense to factor in other expense that could be incurred in your quest to establish a casino website, to be quite frank with you.
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yeah certainly a gambler should be having a financial plan in the first place before involving into gambling , except the gambler have already created plans to make huge losses and more for himself
 
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swift said:
yeah certainly a gambler should be having a financial plan in the first place before involving into gambling , except the gambler have already created plans to make huge losses and more for himself
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A financial plan and a budget which details the expenditure to be shelled out on such an establishment should be drawn up by the owner, as the first step. because offline casinos require a lot of funds, to be quite honest,
 
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