 How
Does a Typical Casino Work ?
For your party, guests receive a predestined
amount of "fun money" when they arrive. When they
are ready to play, they can take this "fun money" to
any of the gaming tables where the dealer will exchange it
for chips. Guests play the games in hope of increasing their
chances of winning a prize.
Winning a Prize
The most popular way to distribute prizes is
when the casino closes, guests redeem their unused fun money
and chips for raffle tickets, at a pre-determined exchange
rate.
The more chips they win--- the more raffle tickets
they accumulate. Once all the chips to raffle tickets conversions
are done, you draw the winning tickets.
More tickets doesn't guarantee anyone a prize-- only more chances
to win. It only takes one ticket to win the grand prize---that's
part of the fun.
Is A Casino Party Legal?
YES, as long as certain conditions are met.
Casino games per se are not illegal…it's gambling that is illegal.
Gambling is defined as having three essential elements; consideration
(money), chance and prize. Consideration is the giving of something
of value (money). Chance is simply the element of chance, which
is present in all casino games. Prize is something of value
(money) you might win.
All of our parties eliminate one or more of these
three elements. As such, we are not conducting illegal gambling
as defined by law.
For example, in a corporate entertainment setting,
your guests do not pay anything to attend your party or to
play the games-- therefore there is no element of consideration.
None of the above should be construed to be legal
advice of any sort. We encourage you to consult your own attorney
if you have any concerns whatsoever as to the legalities of
your specific event.
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