What is The Price to Start Land Based Casino

13 March 2013

This is a difficult question to answer mostly because of the many variables that affect the cost to start land based casino. It would be a good idea on the on the other hand to take a look at some of the existing casinos to get a rough sense of how much it would take to start land based casino.
One of the most iconic Vegas casinos is no doubt Flamingo, which came up in the late 40s. The casino then was mob controlled, and actually has a fascinating history behind it. One of the original owners, Bugsy Siegel was actually gunned down by his partners who believed he spent way too much money on the casino.
To crunch the numbers on how much it would cost to start land based casino, it cost Bugsy Siegel $4 million one the casino and this was in 1947. Taking into account inflation among other things, this number would no doubt change drastically. The original Flamingo buildings however no longer exist, and in their place is a 77,000 sq casino and a hotel with 3,626 rooms.

13 March 2013

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