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The total cost depends on many factors. The casino itself will range from $400 to $1,000 per square foot. Following that, parking and street modifications have to be made to meet local codes that can add another $150 to $500 per square foot for parking (realize drainage is often a significant cost depending upon where it is located). Security also has up-front costs that can vary as well, and insurance is an expense that cannot be overlooked.

The bottom line is that even the smallest casino takes millions to build, and millions to get permitting and training and to get running before it can be revenue producing. In the US, as of 2012, it is highly unlikely you can go from concept to having an operating casino, of any size, with less than 30 million dollars, though most are many times that.

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12y ago

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