How much does it cost to build a casino in Nevada from concept to completion?
The newest hotel/casino project that’s going up right now called City Center is going to cost in the neighborhood of $8 billion once it’s done. No bank anywhere will give you a loan large enough to build a strip casino. These projects are built by large corporations or billionaires who have a number of other billionaire backers. That’s not to say you couldn’t build a very small, off the strip casino for much less. If I were to venture a guess, I bet you could build a small casino only place (no hotel) like Joker’s Wild on Boulder Highway for $10 million or less. Again, I would doubt a bank would give you a loan for such a project, but with the right business plan you may be able to find private investors to fund you. Of course, if you have no experience running a company nobody’s going to give you anything (private investors OR a bank), but I digress. The cheapest way to get into the gaming industry would probably be to buy a bar with video poker. I’ve actually seen a pretty nice bar a