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Economy => Gambling discussion => Topic started by: thecreator420 on January 06, 2021, 01:21:19 PM



Title: What to expect when starting an online casino?
Post by: thecreator420 on January 06, 2021, 01:21:19 PM
Hey guys, I'm young and an entrepreneur, I want to eventually own an online casino in the future.

I want to know from anyone that has experience to kinda give me some advice you wish you knew before starting.

One of my biggest concerns is getting the gaming licence, which i still don't really understand how to obtain (Do i have to move to the jurisdiction for like 6 months every year?)

What skills must i need? will i be fine with just a developer and myself?

thanks! 


Title: Re: What to expect when starting an online casino?
Post by: michellee on January 06, 2021, 02:09:14 PM
I do not have an online casino, and I am not yet starting to build an online casino, but I made a quick search for you and you can read on here:

Code:
https://www.softgamings.com/promotions/start-online-casino/
https://www.wikihow.com/Start-an-Online-Casino
https://www.softswiss.com/knowledge-base/starting-an-online-casino-what-do-you-need-to-know/

There is much more guidance you can get by searching on Google.

But to start online gambling, you need big money and I think you can try to talk to someone who owns dualdices.com because he starts his project using $4,000. But be careful.


Title: Re: What to expect when starting an online casino?
Post by: Wenbing on January 06, 2021, 05:57:09 PM
Well, that is a very scary but yet an impressive dream, as a young entrepreneur that has a desire to explore the gaming industry. here are what  will advice you to do.

1. Knowledge is the most important bedrock in any field, the tool for knowledge gathering is research. You should ensure you find out what you are going into and analyse the risk and benefit.

2. Do you know the business models of online casino?
this is a very important assignment for you. find out how the business makes money.

I hope this help in a great way.


Title: Re: What to expect when starting an online casino?
Post by: qwertyup23 on January 06, 2021, 06:58:15 PM
Starting an online casino can be relatively difficult but as long as you have the knowledge when it comes to programming and to the technicalities, then you may proceed.

Just a quick tip, do not forget to check the laws of your country if there exist relevant laws related to online gambling. Every country has their limitations and prohibitions so you may want to check that to get your license. Furthermore, make your interface as friendly as possible. Apply different color schemes that attract the eyes of the audience. Lastly, what makes or breaks an online gambling platform would be the customer service.

Be ready to encounter and to address lots of customer complaints and technicalities as that will inevitably follow.

I highly suggest you check this WEBSITE (https://entrepreneurhandbook.co.uk/the-fundamentals-of-starting-an-online-casino/) for your extra reference. Cheers and good luck!


Title: Re: What to expect when starting an online casino?
Post by: panganib999 on January 06, 2021, 07:08:40 PM
Starting an online casino can be relatively difficult but as long as you have the knowledge when it comes to programming and to the technicalities, then you may proceed.

Just a quick tip, do not forget to check the laws of your country if there exist relevant laws related to online gambling. Every country has their limitations and prohibitions so you may want to check that to get your license. Furthermore, make your interface as friendly as possible. Apply different color schemes that attract the eyes of the audience. Lastly, what makes or breaks an online gambling platform would be the customer service.

Be ready to encounter and to address lots of customer complaints and technicalities as that will inevitably follow.

I highly suggest you check this WEBSITE (https://entrepreneurhandbook.co.uk/the-fundamentals-of-starting-an-online-casino/) for your extra reference. Cheers and good luck!

Gamblers ultimate tip in going into a play is that you have a enough and well knowledge about that game you are engaing to. It is okay to study hard at first and then proceed to your game in order to have a firm and quality experience rather than being so impatient and may end up losing what you have. Gambling, particularly online casino is one of the main and top game played by gamblers. In casino you have a lot of choices like, dice games, betting or even cards. You may proceed and start as long as you manage to study and do your homework to read about a specific site. Avoid those sites that do not offer good quality games and low profiles.


Title: Re: What to expect when starting an online casino?
Post by: jossiel on January 06, 2021, 07:53:45 PM
Being a developer and also an investor. You want to own so entrepreneurial skills is a must for you. It's a thinking that you should have and what you're just doing right now is the start of it. Gathering information which are a must and which are not.

You're starting it. And as I've said being an investor because you need funding, if no one would be willing to invest for you to make it happen, you should have the one who must use your own pocket's money. It is hard to start and you'll go through a lot of mental toughness and challenges but once it's build up and you already have the reputation, you only have to maintain it.


Title: Re: What to expect when starting an online casino?
Post by: allstars.io on January 06, 2021, 08:46:16 PM
You'll def need to setup an affiliate program and this is perhaps the most critical part of the operation.  It is best to ask affiliates what would make them want to promote your new brand.


Title: Re: What to expect when starting an online casino?
Post by: dothebeats on January 06, 2021, 08:46:40 PM
Expect that people playing on your platform would constantly ask you about promotions.

On popular casinos that have withstood the tests of time and hordes of other funky casinos, they do not give out promotions quite as much because they already built a solid player-base. For you to be able to rise up against the competition, you need to provide people more value for their money. That’s where promotions come in. This will be painful for the bankroll in the first few months, but after you have established your place in the field, you will be good to go.


Title: Re: What to expect when starting an online casino?
Post by: Mahanton on January 06, 2021, 08:56:24 PM
~Gaming license isn't really that necessary yet there are few which are still unlicensed but become popular and big but overall having a license is already a plus.
~When building one then having technical knowledge is a better one rather than have no knowledge at all.There are lots of things to be considered before building one.
From building until to marketing, all of these stuffs should really be done well if you do like to succeed into this business.
This wont really be an easy thing though because not all plans would really come on what you do expect.


Title: Re: What to expect when starting an online casino?
Post by: AmoreJaz on January 06, 2021, 09:11:58 PM
~Gaming license isn't really that necessary yet there are few which are still unlicensed but become popular and big but overall having a license is already a plus.
~When building one then having technical knowledge is a better one rather than have no knowledge at all.There are lots of things to be considered before building one.
From building until to marketing, all of these stuffs should really be done well if you do like to succeed into this business.
This wont really be an easy thing though because not all plans would really come on what you do expect.

gaming license will be an easy part once you established the hard part. the casino itself, and you need a dedicated developer who knows what he's doing. don't just settle for a cheap gambling script that you can buy out there. better invest on your own dev. as we've seen here in the forum, there are several casinos here who are operating without a gambling license, yet they are gaining players. it is how you manage the casino and what kind of service you are catering to your customers.
also, ask yourself, do you have enough bankroll or do you need private investors? because without good amount of bankroll, the casino will not progress the way you want it.
but in time, if you want to acquire gambling license. you can start with curacao e-gaming license, which is pretty easy - https://www.curacao-egaming.com/