Can an Individual start and operate a casino? ( Legally)?

Question

How would I go about getting a loan, licence, and anything else that I would need to operate a casino? Or would I even be able too? Are there people out there that would be willing to finance my needs?

Answer 1

First, before you set off looking for a loan, make absolutely certain that your credit report and credit score are in order. Experts have advised that a significant majority of credit reports actually contain inaccurate negative information. Therefore, by making<!--sure that you credit report is in order and completely accurate, you will be in the best position to get the loan that you need at a most favorable rate.By following these pointers, you will be able to make the quest for financing for whatever your particular needs far easier.

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Second, do not settle on the first lender that comes down the pike. In the 21st century there can be some significant differences in the interest rates and other fees that are charged from one lender to the next. By spending some time shopping around, you will be in the best position to find a loan at the most-->reasonable rate around.You need to make sure that you understand all aspects of the loan, including charges and fees.Finally, if you are seeking financing, do not overkill. You need to be prudent and responsible when you are in the market for a loan.

Answer 2

Different places do it differently u will need a gaming licencese from the gaming commision where u wish to operate. Try and get into an area where gaming is just starting

www.Casinocity.com

has lots of info

Answer 3

If you don't have any experience running a casino, nobody will finance you. If you have a million bucks or so, you could give it a shot, but don't get your hopes up. You still need to acquire a gaming license, and that's AFTER you at least own land to put a casino on.