In raw terms, the cost of opening a casino could vary from $2 million to $5 million for most small casinos, up to $10 million and $20 million for medium-sized ones, and billions worth of dollars for casino resorts that are built and developed by the industry’s biggest names. The sums that are set out at the beginning of a project are usually estimates, with costs mounting as the project progresses, meaning that a solid financial wiggle room is required. The price will vary depending on the size, location, licensing, and much more. But how much does it cost to open a casino exactly?
The costs quickly mount up, and for a project to get cleared by authorities, there needs to be a substantial financial purse waiting. Opening a casino is not an easy business.
