Start Your Own Online Casino

4/12/2022by admin
Start Your Own Online Casino 3,7/5 5095 reviews

OUR ONLINE CONSULTANT ON STARTING ONLINE CASINO BUSINESS

If you’ve won free Start Your Own Online Casino spins while playing a real-money slot, you have all chances to fatten up your bankroll. Every winning combination you land during free Start Your Own Online Casino spins generates Start Your Own Online Casino a real money profit. By the way, the bet you made in the last regular spin is the one that will apply during an entire free Start Your. Max bonus bet £5 How To Start Your Own Online Casino For Free (£10 live casino) 15 days to accept, 40 to complete. £5 How To Start Your Own Online Casino For Free bonus: After deposit bonus wagered, selected games only. 1x wagering, 7 days to accept, 7 to complete, max withdrawal from winnings £100. Full T&C’s Below. We will help you start an online casino or a poker room for the best price and shortest time. We are highly committed to providing you the most detailed and accurate information about online casino and online poker business. It is obvious that running your own online casino business is highly profitable. Recent years have proved that online. Online casino software from Smart Money is equipped with Finstrum and Di-Pay systems. It is also possible to make transfers to debit and credit cards and exchange funds via electronic wallets. The system functions clearly and smoothly, and instant and interest-free payments are guaranteed.

Our site is dedicated to assist entrepreneurs to start online casino business, which is one of the most booming and profitable industries on the Internet. We provide basic and independent introduction of online gaming from the full range of software package to all services required to create and maintain a rewarding online gaming business, which includes:

How to start your own online casinoStart Your Own Online Casino
  • *** Casino Software Licensing.
  • *** Online Payment Solutions.
  • *** Marketing Strategies.
  • *** Customer Services.

Online Gaming Overview

Online gaming is one of the most profitable industries on the Internet, and one of the fastest growing business in the world. Estimation of the total revenue for year 2019 is more 511 billions dollars! From NetValue's statistics there are approximately 1,400 online casino and sportsbook in operation. Online casino is the gambling over computer and Mobil Internet. Wagers can be placed on various games, such as Casinos, Sprotsbooks, Bingo, Lotteries, Horse Racing, etc.

A player first get access to the gambling website. He can choose to play the Download version or Non-download version. He then use his credit card to purchase the virtual chips. Using all these chips he play black jack, poker, keno or slotmachine, just like the land based casinos in Las Vegas or Monaco.

Here we are at the key point of the business strategies. We will gradually lean the operating knowledge of software, tools and services needed to start successful online casino and sportsbook:

1.The Casino Software

Start Your Own Online Gambling Business

A. To develop and implement your own casino software. But it will cost you millions of dollars. You have to employ experienced professioanl programmers to design the software, arrange applying for casino software license in countries where gambling software is legal and you also have to select and establish an offshore webhosting location.

B. To purchase or license the casino software from a software provider. This is the most widely used and less expensive way. Generally from casino provides you can have the casino turnkey package, online payment solution, webhosting or even webhosting. Licensing fees range from $20,000US to $350,000US. In most cases, you may also have to pay a loyalty to the casino software provider which will cover a certain percentage of your monthly gross profits. For detailed information about license and software providers, go to Licensing page.

C. To sublicense the software from a existing casino operator (Licensee). This is the simplest, fastest, and least expensive way to start generating a profitable online gambling. Costs range from $5,000US to $50,000US. Sublicensee should pay higher loyalty than licensee. For detailed information about sublicense and providers, go to Sublicensing Page.

2. Online Payment Solutions

This is the very important process which achieve your profit circulation. While some casino software providers have the turnkey package consisting credit card processing option, some providers don't have the solutions. Then you have to select and choos a high secure, effective and low charge rate merchant company to operate your online payment. For detailed information about online payment and providers, go to E-payment site.

3. Marketing Strategies

You could have many ways of marketing your casino website, for examples, main search engines and directories, banner advertising, keyword buying, newsletter sending, banner exchange, etc. Remember, online casino is not apart from other business, the more you do on marketing the more profits you will enjoy. For detailed information and marketing resources, go to Marketing.

4. Customer Services

Good customer services can make your consumers trust and stay with you. This is also a very important part of successful operation because there would be many questions for players to ask general concerns and confirm their chip purchasing. While some casino software providers have the turnkey package consisting of customer services, some providers don't have the option . For detailed information and customer service strategies, go to Licensing page.

To start an online casino one should consider the four main ways:

1. Design and implementation of casino software by your own forces

This way presupposes the whole process of creation, implementing and marketing performed by yourself. This can cost millions of dollars to handle the issue of starting your own online casino by yourself.

PROSCONS
1. Full control over the casino1. Extremely expensive
2. Source code ownership2. Approval from third parties necessary
3. No Royalties3. Tough and expensive advertising and marketing

2. Become a licensee of an online gambling software provider

This method means leasing online gambling software from a software vendor. This will be much less expensive in terms of money and effort. Usually online gambling software costs from $30,000 to $400,000 down-payment. In most cases you will be included into an already existing network, so less time and money will be spent by you. But software vendors work on a revenue share basis requiring from 30% to 70% of profits generated by you. Moreover, you’ll have to comply with certain rules set by the software vendor.

Start Your Own Online Casino
PROSCONS
1. Less money to start1. No full control over the casino
2. Less effort for a casino set up and advertising2. Necessity to comply with rules of software vendor
3. No need to be approved by third parties3. Monthly royalties

3. Become an Affiliate of a licensee

This option is the least expensive. This scheme works as follows: you receive a casino website and make all marketing and advertising job and receive a small percent from a licensee. The average cost of such solution is from nothing to $10,000.

PROSCONS
1. Relative cheapness1. No control over business
2. No responsibility2. Small profits
3. No organization effort3. Full dependence on the will of a licensee

4. Purchase Online Casino Software from a Developing Company

This option can be considered one of the best ways to start your online casino. You purchase ready-made online casino turnkey solutions from a software developer. The software is installed on your servers under the domain name you choose. All technical aspects like server configuration, software customization, design, and payment systems implementing is done for you by the developing company. The approximate cost of the solution is $60,000-$500,000. After you have purchased you casino you are provided with control and management tools and become the only owner of an online casino with no revenue share necessity.

Start Your Own Online Casino

How To Run A Casino

PROSCONS
1. Full control over the casino1. Full responsibility
2. No Royalty payments2. Licensing procedure done by yourself
3. Custom made solution3. More effort on marketing
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