How to Save Money When Building a Casino Building in Canada

Starting a brick-and-mortar casino business in Canada is one that could prove to be a capital-intensive venture. However, with the right adjustments in place, you could save some money and still make it work. Let's look at some of our best recommended tips that will come in handy in helping you spend less as you build a casino in Canada.

Getting an Affordable Location

Location is an important factor that could define the traffic you get in your real money online casino Canada. Sadly, most of the choice locations for situating Canadian casinos don't come cheap. Considering the fact that you are looking to spend less than expected, it is advisable to lookout for a location that is quite distant from the main cities, however, not so far enough for people to locate. With impressive marketing, you are likely to pull desirable traffic to the casino despite being relatively distant.

Work Towards Subleasing

While buying a space outright in a relatively distant location might be an option to consider, a more cost-effective option is subleasing. This is basically looking out for a business with excess space to share with. This option comes with the following perks:

• You get the privilege of situating your business in one of the hot spots at lower cost
• You end up spending less in overhead costs generally.

Have Partners Grounded in the Business

Besides location cost, one expense that could substantially add to your total cost for establishing the CA casino is the cost for paying experts. At different stages of building the casino, you need experts to guide you on the best line of action–it could be related to the right type of machines to get or probably in procuring your license. Paying experts for their consultancy services in this case could prove pricey. However, if you have these professionals as partners, you tend to spend less in overall cost.

Get a Mix of Old and New Slot Machines

Considering how slot machines are the rave in Canadian casinos, it gives you an insight into what the players love. It is key to scoop as many slot machines in your casino as having options proves to be attractive to the average casino player. 

In most cases, slot machines don't come cheap. To get a higher model or modern slot machine, you could spend up to $30,000. On the other hand, old slot machines could go for as low as $5,000. Having this in mind, you would notice that you would end up spending out of your budget if you stuck to buying the modern slot machines only. A rational way to save cost in this case is to get a mix of old and new slot machines.

Thankfully, a great deal of casino players are sentimental about old slots and enjoy playing them for the vintage feel. 

Avoid Progressive Jackpots

Progressive Jackpots are favorite for many casino players because of the generous return promised. However, from a business perspective, they can be very capital intensive to set up. If you are looking to cut costs of establishing your Canadian casino (Slots City inclusive), not offering jackpots could be an option to consider. To connect multiple slot machines into shared jackpots for your brick-and-mortar casino, you could spend up to $200,000. As a startup, this is a cost that can be avoided. The only downside to going along this path is that you are likely to lose customers who are keen on playing jackpots, as attainable in SlotsCity.

Which is More Affordable to Establish Between an Online Casino and a Brick-and-Mortar Casino?

So far, we have discussed the best steps to take to cut down costs in starting up an offline casino. However, it is an undeniable fact that you are more likely to spend less when you open an online casino like SlotsCity. 

Unlike brick-and-mortar casinos, online casinos require very minimal operational costs. You don't need to get land or a location to run your business, which saves you a large chunk in cost. Not to mention the fact that you won't have to deal with paying a higher sum in salaries since you will require a large number of staff members to run an offline casino. Lastly, with an online casino like Slots City, you could go for cheaper licenses like Curacao license; however, there are more stringent policies with offline casinos.