Bitcoin Forum

I have noticed that there are multiple casinos in the crypto space owned by the same person or company. I am curious about the reasons behind creating additional casinos when there is already a running and profitable one.

How does this practice contribute to their business? It seems illogical as it might increase operating expenses without an obvious benefit.

Gamblers, any thoughts on this?

Well, maybe for us who are outside the world of business and its cheats and tricks, don't understand the reason why they have to create multiple platforms to compete among themselves, but as I've been observing recently it's not an exclusivity of casinos. For my surprise, I discovered the top 2 driving schools on the city where I live are owned by the same person. It really doesn't make sense, since they are competing for the same customers, right?

After thinking a while, I concluded it might be due to the attempt from businessmen to achieve a kind of monopoly inside the niche where they operate. For an example: if I have something against casino A, I'm going to play at casino B, and vice-versa. However, I don't know both casinos are owned by the same individual or group, so they are profiting from me, in every cases.

Telecommunication companies also adopted the same concept in my country some time ago. You want to avoid one company because their services are precarious, but the other one owned by the same person, so you don't have where to run to...

Different people take different steps to profit from gambling platforms. Using two casinos at the same time is really risky (similar to having two drivers of a car and turning the steering wheel at the same time) gambling platforms are just that. They are driven by greed and take various steps in the language of more benefits, but if they can't turn it on, it's better. Casinos provide a place for different gamblers to play.

Laws are different from one country to another but there could be tax benefits in creating various companies rather than stick to a single one while it is growing bigger and bigger.

There's also a benefit from having different companies in terms of safety. If there's a single company and that company is entangled in a legal battle, all the business is affected. But if you have many companies, one company's problem doesn't affect the whole business.

Also it is a strategy to create competition in the market and to provide consumers with many options but the reality is that you own them all. That's a wise business approach.

Then there's also the fact that the taste of gamblers are different. So it might work to try offer them all kinds of casinos to capture the entire market if possible.

Business strategy can sometimes seem weird, but it turns out to be good. Casino owners make a few casinos the goal of increasing their business, having a lot of casinos will indeed increase the operating costs, but it can also increase revenue, because usually every casino created has its respective uniqueness. And have their respective fans also to minimize the risks when the casino is in trouble or undergoing bankruptcy, then when the one is bankrupted there is still the other, but if you only have one casino when it's bankrupting then it is done.

From what I understand, there are several reasons for creating additional casinos when there's already a profitable one in operation:

Firstly: it helps diversify their business. This reduces risk as they aren't overly dependent on a specific income source.

Secondly: there might be specialization or targeting of different market goals. One casino could focus on a specific style or player demographic, while another targets a broader audience.

Thirdly: creating more casinos can be a strategy to compete with others in the industry and attract new players.

Fourthly: companies may want to experiment with new ideas or technologies in a new casino before implementing them in their existing one.

Lastly: each new casino is seen as an opportunity to reach and advertise to a new player base.

In summary, the creation of additional casinos serves to diversify business, focus on different market segments, compete effectively, experiment with innovations, and tap into new player demographics.

The casino owner is businessman and the habit of businessman is to develop the business he has built in order to achieve greater achievements.
Like private companies out there there are many owners who own more companies and of course everything goes well and this is very good effort because when one company experiences problem then there are others who can help solve it.
For example, you are the owner of casino A and after it has developed, you build another casino B. Well, one of the goals besides profit is that when casino A experiences problems or experiences losses, you can use the profits from casino B to solve them.
That way, the casino owner will not feel too much difficulty and pressure in every problem that occurs, but still both must and will run well, no one prioritizes one but also both.

If we only talk about profits, we all know that casinos that are successful in developing will definitely have big profits, especially if they have more than one casino, so you can imagine how much profit you will get.
But it not easy because it requires bigger budget and more smart and trusted people in managing each casino you own.

       -   Because gamblers don't have the same preferences. And if that's what a business owner does in gambling here in the crypto space, it's probably normal for them because they're businessmen. Even in our eyes, this is not good.

We also don't know what's going on in their minds as to why they do that; maybe they think that other gamblers can choose something else to play with just in case they get bored with one of their casino platforms.

If you find someone or a company with more than a casino platform, then it simply means that the entity is on an investment diversifications of the same sector (casino).
This is just as the Bitcoin investors diversifying their Bitcoins incomes on different portfolios of long-term Investment and the short-term trading which is usually a wise choice.
And it is usually a drastic measure to taking advantages to contains and yields about incomes at any cost of chances.

The casinos are on emergence with the Bitcoin crytop here in the platform because the Bitcoin offers alternative source where a gambler can fund its gambling wallets budgets through its coins on the casino using Bitcoin or AltCoins. On this note, such casino Is otherwise identified as crytop casino and the system could offer speculations on both the casino and bitcoins.
I should believe the casinos are tax payers to Bitcoin for roaming and being advertised on it site and platform.

This is the same as asking shop owners who already have one shop and are already profitable but open another place, and of course, there is a reason behind it all because there are still many customers they can reach by having more shops and even though everything is the same, there are of course different things that they will offer so that they reach new users who were not reached in the first store.
Casino owners understand that the more casinos are opened, the greater the opportunity to get lots of customers, and besides that, they will provide different things from one casino to another, and just as we want income from several different sources, casino owners can also think like that.

I think it's part of the strategy to attract a broader range of players with different preferences and reach a larger customer base. Like one may focus on high rollers with exclusive games and VIP perks while another targets casual players with quick, mobile-friendly games. Another reason is owners might use different casinos as testing rounds for new technologies, innovations, or marketing strategies, experimentation to help them identify what works best and implement successful practices across the entire business.

The reason they create other casinos is to make even bigger profits. It's natural for the owner or company to do that because they want to make a profit. If one casino can be successful and provide huge profits, there will be a desire to create another casino.

That will make the company bigger because they can create other sources of income that provide more profits. They must have calculated everything before deciding to build another casino. Moreover, some gambling business owners are people who already have more experience. They can determine what steps they need to take to generate even greater profits.

So getting a profit is a factor they want to get. The bigger the casino they have, the more profits they will get.

Most likely, it is precisely to create a monopoly. Other players are being pushed out of this direction. A completely logical and “correct” step. Other entrepreneurs will no longer have the desire to get into this niche, since the competition is simply enormous. Nothing new in principle, but this strategy, as we see, is bearing fruit. If I ever start doing business, I will use this method. ))

So what? You always need to learn from those who have already walked this path, and this is much better than reading books. Here everything happens in practice. We monitor everything in real time.

If they are really monopolizing the market, I think segmenting it with another one would be ideal so that there would be "Choices" for consumers. Maybe different people or locations would attract more with that different branding instead of the already successful already.

It could be about diversification as well. If one fails, there would be the other one to save the other business or something. I think for the economy, it's helpful because it provides jobs, etc.

I hope this doesn't happen but manipulation of the promos or something. Make the market or something.

If they were not making profits they wouldn't have continued opening more and financing them. Having more than one casino will increase their customer base. It is like having different shops in an area, there are chances that you will have more customers than a business that has just one.

I think another reason might be for security reasons. Regulators might sanction one of the casinos and the company might benefit from operating the other one.

Different casinos could also target different gambling markets. This will make them successfully diversify their service thereby attracting different kinds of gamblers. It could also help these firms to penetrate different countries. Some games may be banned or restricted in some countries. Having more than one casino will help these firms to have access to different nations.

Multiplying crypto casinos? It's strategic diversification at its best. Consider that casinos serve diverse demographics. Some target big rollers, others weekend gamblers. Broad strategy to delve into gamblers' broad psychology. Maximizing reach and income is business 101. The perceived operating expense rise?Though risky, what element of the gambling business isn't?

And finally: brand expansion. Gamblers perceive choice when many casinos are owned under different names. It looks like they're leaping from ship to ship, but they're merely walking over decks. This cunning ploy keeps clients in the same business network and deters competition. It's clever, not illogical. Operating costs? A necessary cost for market domination. They're playing the game with a full deck

This practice is not only peculiar to casinos but applicable to other businesses and the answer to your question is very simple. This practice is an attempt to diversify their business and as a way to target different markets or demographics. In the case of casinos, the owner might have different visions for each casino or probably different ideas about how they should be run.

Just do the analysis yourself when you have different brands or branches of your companies across the country and see how profitable it can be if well managed. Having multiple casinos allow the owners to capture a larger market share and also give them the ability to test new ideas in a smaller environment before rolling them out to all their casinos.

A business owner does not wait with just one business. He tries how he can further expand his business by creating more businesses. But what we generally understand in the casino business is that the site that can offer the maximum benefits to the customers will build the trust of the customers towards the site. There will be plenty of gamblers. But why the same owner try to establish another casino site. What seems to me in this answer is that it is nothing but a strategy. Because no matter how good the service is given to the gamblers, there are some gamblers who do not support it, they will find another site, maybe alternative sites can be created for them. But since gambling sites have unlimited business opportunities, it is better to well establish a site. A businessman will understand better what is profitable for him.

gambling sites usually have their own markets. for example primidice and stake I know one owner. and both can run all. stake completes the game that primedice does not have. for example in sports betting. and primedice is branded as a dice game site. stake casino that all gambling games are there.
essentially rebranding to add a larger consumer base.

I agree with this, but the best answer I could see is diversification. Same as other businesses some business owners or companies expand their business by creating different forms of businesses, as said it reduces risk and could be a good source of other income. Imagine a big corporation owning different fast-food chain, all of them has the same type of business but offers different services. I think we can view it the same as casino owners owning different gambling platforms.

Each of these casinos has each own unique circimstances and reasons for doing this. A casino operator might not be comfortable with the relationahip with their current business partners and they might decide to open a new casino with new partners or new in investors.

I think that was one of the reasons why Eddie from Stake.com, opened the new site. There were other business partners in PrimeDice ..where he was also involved. (I think I read somewhere that there are a court case about this, where one of the previous partners that were excluded from the new venture.... are claiming that it was his idea.)

It happens if the company is having a successful run and want to diversify its business and it may create a different design with additional games just to make it more different from its mother casinos but putting its name and expertise into its new casino

Not really, they can double the profit, The majority of companies and business-minded people are doing diversification, it's easy for a successful business to set up another business venture because they have the funds, the brand, and the expertise to do it.

That is one of the strategy used by some business owners to create competition in the sight of their customers  to attract more customers. Beside when it comes to the gambling world, most times we feel staying in a particular casino for long is the reason we're out of luck and then we move to the next one to start afresh with. Most time we find lucks at th beginning of a new discovered casino, but the major truth is, it's just a way of tricking us to continue in their circles of casino.

I'm not sure if this has been answered but my answer is just from my experience.

Isn't the effort that casino owners put into owning these many casinos like an investment?
I mean this method is very profitable for popular casino owners to collaborate with other projects or companies but still use it in the name of the big casino owner.
for example, casino owner Y has a casino that is already running successfully and has large traffic and there is a company X that wants to build a casino but does not have enough capital and build a new casino that is owned by X but with the condition that casino
and casino Y efforts to acquire casino X despite spending a lot of capital, both parties Y and

well, business like this has actually been done often for a long time, even in gambling or casinos, things like this are very profitable for both parties and it all makes sense because even though casino owner Y incurs operational costs, in the long term he gets very big results.

I don't think opening another casino by existing owner of a casino is a problem or challenge, it is just a matter of diversification like in any other business that exist offline. If it were offline gambling or casino shop I would say is a normal thing for an individual to own various gambling shop if they have maintained regulations like distance from each other. But for online casino, it is also not an issue, it is for business sake whose main purpose is for profit and it is viable. They would have a little different interphase operations that will make one alternative to one and a choice for the other one. So it is not a business aberration.

Like the project we're currently promoting as the example. :D

I guess they want to try does their sister site is more popular than the parent site because casino can become popular with their logo and names.

But I like the promotions by Bitcasino because they use domain based on the games/services they offers.

Bitcasino, it's for slots and in house games.
Sportsbet, it's for sports bookie.
Live casino, it's for table games.

Not a gambling expert but here's my first thought about this topic. As you may know, there are different places with different gamblers all over the world, imagine you only have one and your scope is around 500 players and if you open a different casino in different places you can have additional new players and with another income, as simple as that. If you are thinking about online gambling site, I think it's like a franchise? maybe they need to buy a license to the main casino to open a new casino under their name, something like that but to make it short, I don't think that they are not earning, after all they are businessman if it is not profitable, they'll definitely closed it.

Compete with themselves or they are avoiding the congested server in one website. Another reason, some gamblers are looking for something new or maybe they want to refresh and try a new one. So other gambling sites of the same owner will be the ones to catch them.
They use this kind of strategy in markets. Wet or Dry. It doesn't matter. There's one owner that I chatted with regarding this but I didn't ask that question of why he does that.
The same strategy, he has 10 stores in one market and they are just meters away from his first one. 4 stores have the same items from T-shirts, shorts, school uniforms, and other items that can be worn. The other 4 stores are selling bags and shoes, and the other 2 are for accessories. But he said it's not enough although they are not that far from each other. Different stores same owners, because they know that people are not trying to find a good product at the right price. Little did they know that the buyer was just purchasing from the same owner which means the same item quality.
Monopolizing. I think that's the right answer to that. But I am not brave enough to ask that kind of question as in my opinion, it could be disrespectful to him.
I think what gambling sites are doing is the same. If they still have the riches, then why not? They can keep on making more gambling sites and we cannot argue with that. It just means they will pay more tax.

This is not a question for gamblers, it's a simple economic question. Why do some businesses have stores in more neighborhoods, cities, and states? You expand your business and you provide your service to more people. You increase operating expenses, but you have more customers and higher profit. I guess what is even more important are the accountant's troubles, depending on the license and games some casino owners can find it easier to have more casinos where each of them will be for a special area.

I think we can say that once they make a name and a nice bankroll it's simple for casinos owners to expand their businesses. Since crypto gambling is gaining more popularity every year that seems like a pretty good move.

I think business ideas model from gambling platform owner by creating multiple casino, they want to monopoly the market and there are not competitor yet by creating with different casino gambling platform. I think the owner of casino platform have good business ideas and he know potential of gambling and casino platform in the future will be more popular, creating multiple casino or gambling site give benefit for them when some gambler tired with one gambling platform he will try the other of gambling or casino platform but still with the same owner.

Such as food business when your food shop have been grow up you will open another shop food with modify some menu how to make the costumer keep interested with your other shop food.

It does increase operational costs, but this can all be overcome with the profits from the first casino. and that will help the growth and development of the entrepreneur's new casino.
there is no problem with any of that. they only expand their business source of income. They spend more to produce more. but what is clear is that maybe they can build a casino with different types of games from one casino to another.

Your plan is an investment. Its about finance, brand recognition, and operational skill. A symbiotic relationship: Y gives funding and industry expertise, while X delivers new ideas and expansion chances. Strategic growth - not opportunism.

Its important to recognize risks. The gaming sector is fickle and requires careful planning. Y must analyze X's market and regulatory issues before investing. Both casinos must consider long-term profitability as well as immediate earnings.

My view is that this strategy is smart business. A calculated risk with big benefits. Casino operators like Y can survive in a competitive market by diversifying and innovating. It's risky, but casino ownership is high-stakes.

For those who are into casino business it is a business that is profitable even if they spend enough money to pay tax to pay federal government and other bills. People will always play gambling, the total amount of People who plays gambling it is possible that only 3-5% winners can come out. Gambling owners feel having several casino is a good business with good profits, and in all this casino their are somethibgs that is different from the others that gamblers will prefer to go for the other casino than others. It could be paying method, graphics design or anything all.

They already control their territory, they already know how high the waves are, so making lots of businesses connected to each other will provide more profits. With more casinos being created, more and more players can be accommodated, and they will also move to casinos managed by one company. Everything is mutually sustainable, if one is blocked or has problems there are still a few safe casinos that will change the rules so they won't have problems like the others.

I agree with you on your position that there must be something different if an owner opens two or more online casinos which is suppose to bring a different spice to gamblers like I also contributed in my earlier response.

Yes casino is a big business because the house edge is always operational to the favour of the owner and yes there is really a low level winner turn out but to give a figure of 3-5% as the rate of winners is my concern to confirm if a survey have been done on that to assertain the authenticity of that or you have a link to where that figure is found?

It is surely a fact that there are more losers in gambling than winners and that is a contributing interest for people going into investing in casinos.

Sometimes casino owners do that to take advantage on the situation and eliminate their competitor in the scene since they usually make their satisfied player that if they are seeking for alternative casino they have other site that has something new to offer. That's why usually they create that they usually try to make it running so good so that they can maximize their profit so don't get surprise about this since as long as they are legitimate and can able to provide good gaming experience then its really good to us since somehow we are the one who can benefit it especially if they are running a multiple campaigns then it give us huge advantage since for sure we can all enjoy it.

I think there is no difference from opening many branches for one casino business patent name, for example for culinary businesses such as McDonald's where you can build many branches to increase profits too, but in casinos they don't need to create branches everywhere, just create a casino name. being different is good enough, even though they have different names but being owned by the same company is actually profitable.

The higher the operational costs means the greater the income they get too, if their income is small it is certain that they will not increase operational costs by building another casino business, if they do that by building another casino business with a different name but one company I think they really has a lot of money in revenue from the casino for the company.

IMO, running more than one casino may not actually increase their operating expenses, although from the start it definitely will cost them some money, but they will still recover every funds they spend plus continual profit after they have started operation fully. From what I think, running more than 1 casinos could be a business strategy for them that they think helps them win competitors, and another is that if their first casino (A) has some good features, their second casino (B) could also have some best features that are better than casino 'A'.

Conclusively, if a casino owner is not very profitable in their first casino, they wouldn't have any need to open a new one but rather will develop the first one to the standard where it generates profit and meets the expectations of gamblers. If it is also not a very profitable strategy for them to do, they will not do it. Also, I don't think such a business strategy is illogical as long as they are not failing to follow the rules of running a casino, nor are they engaging in fraudulent acts at their first casinos that neglect the documents of operation.

As a little example of what I have said, the Apple company has different models of iPhones. The first iPhone was the iPhone 2G (iPhone 1), but they have successfully grown to the latest model, which is the iPhone 15. There were minor differences in the features of those different models of iPhones. Now let's look at it in terms of running two casinos. If the first one has some good features, the second one will have more great features than the first one; it definitely will not be the same thing. A bit of a strange example, right? Maybe not.  8)

Their approaches to users, or more directly, if you are an owner, you will also want to expand the market share of the service you provide. There are some things related to taxes, but I think it is not significant, also like services to reach the areas they want to focus on. I don't often use many platforms, so I'm not too concerned about who is behind it all, but I have also come into contact with some people working in this field (illegal platforms). They are forced to do it to avoid investigation from regulators, but it is not sustainable and often stops working. It could also be because the market share in this field is so large that the owners want to dominate more, similar to how some products in the cryptocurrency field, we all know they are built from one source. But diversity is a way for them to exploit money and reach many people.

This practice is not new and it is not happening only in casinos. I've witnessed such in trading/investments, Options, Casinos, phone companies, insurance, financial institutions and loan companies. They all do this for the same purpose, which is to maximize their profit. Does this this work? Oh Yes, it works. Imagine having a single company and running it successfully, there is no way you can make more than the success of that single company could take you. And this doesn't mean that a rival company will not be making money as well, this is why some companies will pretend they are rivals to make the money. This is happening so as to make additional money in the disguised form of a rival (same as what rivals would make). And since they are two different companies by a person/entities, there must be different management, and that management is saddled with only one goal, and that is to deliver and be profitable.

For this, they will find all the means to do the marketing and get the business running. In all, this is a win-win for the parent company, and it will be better as though they are running a single business. When there are many resources for this, I don't see anything wrong with any company to have another presence in the same field. A lot of the investment companies you see all over the world are owned by a parent company, that goes to oil and gas companies and many of them. This is to divide the efforts and let the management of each division work hard to deliver separately and bring the money home to the major owner(s).

You can see how this has worked well for the company that owns Tecno, iTel and Infinix. It is just a strategy to earn more money under the guise of a different company. This will indeed work well in casinos as well, you know people love to have multiple casinos, so the one that never considered you in your main casino might consider you in the other one(s) owned by you.

I believe that there are several reasons why online casinos create various websites. Firstly, each website has different content and caters to a different audience. This means that the target gamblers vary depending on how the online casino is built. Secondly, they might be diversifying their business by creating new branches, much like opening a new location. Lastly, they could be following the gambling policies of the country where their target audience resides.

This is simply scaling the business, more players, more profit.Different platforms can have different games and different bonuses and other benefits, and only one owner will have profit from all projects.
It’s like with gas stations, one can be in the city and the second one can be outside the city, and both of them make a profit and have occupied their niche and have their own regular customers.

Owning a casino is strictly for business and the  owner of this casino will fight hard to make sure he remains in the market in  the longrun. Creating multiple casinos is simply a strategy the owner uses in order to dominate the market. They want to make sure they join forces together to fight off any form of competition and be the market leader. Ofcourse we know market dominance means more patronage and more patronage guarantees more profit. If while doing this,  the casinos owner notices that he is incurring more running costs/losses  than gains, some of the casinos or the casino with the more running cost would have to be closed down. All these can only be achieved if the state where his casino is sited permits one person owning multiple casinos.

I'd consider it a form of monopoly. I'll start with an example: most eyeglasses and sunglasses are made by one company, Luxottica, so if, for instance, you bought the X brand of glasses and decided to switch to another company, for whatever reason—price, quality, you name it—you're thinking that you're avoiding X by purchasing Y, but in reality, you're buying from another subsidiary of one huge company; you're just not aware of it.

So in theory, this is extremely similar to what the OP mentioned. Now switch eyeglass brands with casinos, and you cannot tell the difference. If you're not satisfied with one casino, have troubles with their KYC, or aren't satisfied with their bonuses, you switch to another one, but in reality, it's owned by the same person. That way, you're having multiple income flows, and there's a decent chance you're not actually losing your customer if he abandons your platform for another.

It sounds plausible to me, at least.

I disagree. Having various casinos could seem expensive, but it's actually smart business.  When companies set up multiple gaming sites, they expand their reach to hook more players.  It's also a chance to try out new games and strengthen their rep.  So while it requires some initial investment, operating different casinos can pay off down the road through bigger profits.   

I mean think about it and  more sites equals more visibility and more hype surrounding their whole brand.  Even if some of the ventures don't totally pan out, the wins they score still drive up overall revenues.  It allows them to cast a wider net, if you will.  What may appear costly on the surface can actually demonstrate some business savvy in the grand scheme of things.

It is industry practice and can be done in any industry, especially in the gambling industry, we all know gamblers are experimental they want to see new interfaces and new games and explore their luck on other platforms and they can easily trust other casinos with association with casinos that they've already played and trusted, there are advantages and disadvantages but the advantages outweigh the disadvantages if the casino can build their brand and their reputation and the disadvantage is if one losses its reputation the other one will also lose its reputation.

They can easily make a quick profit once they are up and running because the new casino all has to do is connect to the existing one, it will partake the trust reputation and brand of the existing one, making the new casino's operation smooth.

nice one bro, Diversification of business helps reduce risks in business operation and also gives a business owner capital and property security in events of law preying on his investments. Legal actions may be pressed on one, while the other operates freely, since they're registered differently with different boards of directors and shareholders, the shutting down of one business has nothing to do with another one. Secondly is testing out another business niche, or business expansion strategy. There are other business effective reasons why this decisions have to be made and I think Businessmen likes diversification a lot more than rigidity. Sometimes, a company policy that cannot just be changed immediately to a new one, and the new one is viewed as very practicable can be explored under a new company to stay very much competitive in the same market and reach out to a greater audience.

Business owners want to spread their business not just from one casino, but if possible, they will create more than three casinos simultaneously. They know that the crypto casino business is growing very well and even if there is government supervision regarding crypto casinos, it will not have much impact on their business. If they can spread their gambling business into several casinos and everything runs well, that means the casino owners can get additional profits that will get bigger over time.

The operational costs may be greater because the casino owner has to handle all the casinos simultaneously. But with the experience they already have, they will be able to handle it well and get the attention of the gamblers.

Casino owners gain a lot from owning multiple casinos. First, a larger number of casinos can increase market reach. With widely spread locations, they can attract more customers from various regions. This means more people will visit one of the many casinos they have. The second advantage is risk diversification. By having multiple casinos, they can reduce the risk of losing revenue if one casino does not perform well. When one venue may not be making the expected profits, another casino can shore up and provide a steady source of income.

Additionally, having multiple casinos also opens up opportunities for synergies between their properties. They can use one casino's experience to improve other casinos, share best practices, or offer promotional packages to customers who could potentially use their facilities. These are all ways that enable casino owners to increase operational efficiency and maximize profits from the portfolio of casinos they own.

The gambler after get bored with one game,he will look for the other game.So to keep the gamblers to their gambling site,the gambling owner should keep more game available in the gambling site.This help the gambler to keep engaged in the same gambling site because of more available of games.If the gamblers win,it help to get some money.But the gambling sites will get more fee from every game played by the gambler.If the gambler win or loss doesn’t affect the gambling site.The diversification of funds with various games in the gambling site was the common behaviour of the gamblers who were gamblers from the longer period.

It's just like any other business that expands and creates new brand for them so that the other customers that haven't reached yet by their first casino might still go for the other one that they've made without knowing that they're also it.

Some of them might be targeting new other customers that haven't been into the region where they operate. So it make sense that their expansion targets a new variety of customers from the other regions that they haven't been yet.

We see all these things also in the other business sectors where a known company expands and makes new name and products.

There are several factors to consider on why business owners have multiple businesses of the same platform, to wit:

• Drive competition;
• Different operating places in several countries;
• Offer different services/games on different themes; and/or
• Cater to different customers

... and the list goes on!

Sometimes, when you see lots of online gambling platforms, it somehow scares away potential business owners to create a new one- it is like artificial fear in a way that you try to drive away people from coming in the same business.

In some countries, the law on gambling varies as there are a few who have strict gambling regulations while there are others who are lenient for such operation. At the end of the day, every gambling platform is designed uniquely on everyone's taste. There is no "all encompassing" feature that will attract all users to one (1) gambling platform- that is the reason on why there are several platforms being created with their each and own design.

Base on your explanation, it means there's no point to have more than one casino lol. If someone want to play other game, it doesn't need to have other casino since one casino can include gambling providers as many as possible.

It's wrong if you say win or lose doesn't affect the casino, if many gamblers are win, the casino will going to bankrupt. I don't think many gamblers are use many casinos to diversify their portfolio.

Because of having an option to the players, if you are just establishing a one casino already and people want to seek more different with your casino you know you can capable to have to create another casino with another brand is you can give another quality of services in the other so you can have a choices if you want to play with the Casino 1 offering or the Casino 2, this kind of thing can be repetitive as you can afford. This is the same with the food industry with the same kind of product with different branding but the same manufacturer.

I can probably reutilize the engines and some of the software but you know one thing that you will probably need? Liquidity. Some say this is the biggest bottleneck for casinos to scale up, invest more and reach more players. I’d be really curious to know and to hear more on that… interesting topic

If a player is unlucky in one casino and loses his entire deposit, then after a while he may think that he was simply unlucky there and will begin to look for a new casino, hoping to win there. Of course, the player will not check the owner and it may turn out that it is the same person.

If you look at the situation as a whole, there are probably many large owners in their countries and regions who have divided their zones of influence. I even admit that they can negotiate with each other to prevent new casinos from entering their territory. Also, theoretically, there could be cartel agreements, but these are just thoughts, I don’t have any evidence.

It may seem at first glance that the creation of more casinos in the crypto space by the same owner may seem strange, but it actually has several reasons. this could be a way to reach more players or customers who may have different preferences. Each casino can have different features or attractions, attracting different types of players. So, by having multiple casinos, they can offer a variety of games or experiences that can attract more people.

And having multiple casinos can provide opportunities for experimentation and innovation. Owners can try new features, different blockchain technology, or even different marketing strategies at each casino. While this can increase operational costs, it also provides an opportunity to learn from each casino and apply that knowledge to their business as a whole. So, even though it may seem counterintuitive, having multiple casinos can be a way to reach more people and test new strategies in the crypto space.

I am lost here, please help me to understand,  are you talking about online casinos or offline casinos? Because one is beneficial to the owner than the other, if this person or group are running online casinos then they are doing it because they want to become successful with all it takes, and also, running multiple online casinos is way more easier than running multiple offline casinos.

* Multiple online casinos is easy to run because they don't have to be regulated, some decentralized casinos are still functioning and gamblers are using them anyway, the more people they can attract the better, although I don't like this idea because such company might be looking forward to scam gamblers one day, if they believe in themselves they don't have to create multiple casinos.

* Multiple offline casinos from same owner sounds good enough, because they will regulated all the casinos and they have multiple because they can handle them all, it's business and building casinos in different locations or countries will bring in more money, where I am most interested in here is the transparency, if all the casinos are registered there is no problem.

In my view, they can build one more company/brand with a little more expense which they can be sold for a big amount to someone else that is how the shark investors think. But there is no reason if they are not really have any idea to sell the business in future or have different games from one another.

As far as I know, all of this is exactly the same as entrepreneurs who have several advanced business branches, for example the Coca-Cola company, that company is not only located in the United States, almost all countries have branches of Coca-Cola.

Likewise with the gambling industry, even though the owner is the same person and they have two or three casino branches, of course they have workers who can be relied on and can be trusted, In this case the finances and profits are also different, the more casino branches, of course the greater the profits.
For example:
Casino [1] profits so many dollars and so on casinos [2] and [3].

The point is: humans are never satisfied in their search for wealth, the more gambling industries they have, the more money they earn.

In my opinion, by opening lots of casinos, of course the main goal is probably money, especially with the current popularity of online gambling which is being done by everyone, and it could be said that in every gathering of young people, one of them will definitely be playing online gambling. With this, casino companies will of course reap more profits from those who gamble by doing it online, because even if they do it online, this does not guarantee that it will be easy to win.

The percentage of wins in casinos is smaller than the percentage of losses which is very large, therefore many people gamble online to get unclear wins, not to mention those who are addicted to online gambling. Of course they will spend a lot of money gambling because they have their own hopes. So therefore gambling companies will definitely reap more profits from this. I think it's like this, but to be clear I don't know.

OP, if you are an expert in Casinos and you are opening your business portfolio you can do it in several niches, but what is the natural one, that of Casinos, it happens in the real world, most casinos have partners or owners whose empire operates in casinos.

In fact, poker casinos, for example, operate on networks, and only change the skins, and it is known that some only change the name and are the same owners.

Yes that makes sense buddy, to be honest I really don't think that the purpose of the city to make more than one casino so that they can increase the number of games that can provide new interest to every gambler who comes, because the logic is of course as you say that with just one casino they  can actually provide as many games as possible, after all, from several casinos that I have visited they already have thousands or even tens of thousands of games while usually gamblers will only enter a few favorite games, and simply I don't think it's possible for them to feel a lack of games with the many games that have been provided from just one casino.

So in my opinion, what makes more sense is the purpose of the bookie to make more casinos, which is obviously one of them that looks striking is that they want  to reach more audiences which of course can increase their income, no more than ordinary business when we have many branches then obviously our profits will also multiply at the same time. The other thing of course is that it makes sense that if a lot of gamblers get a win then indirectly the casino's income will decrease or even go bankrupt, but I think it is unlikely that the casino  will go bankrupt if there are a lot of visitors who come because after all all their algorithm system is regulating  and that is why there are still more losers than winners because the system makes the percentage of winning much smaller than the chances of winning..

Well, first of all if the owner of the website has one successful casino then it should suffice to say that he knows how to make his gambling platform business become profitable. Although I agree that it is better to concentrate on one thing instead of trying to "catch two rabbits at once", some people have the mindset of multiplying things that seem to work, instead. The owner of the casinos must think if one site is good then more sites are better. And in terms of dividing up risk, that may be true. But neglecting the one successful casino in hopes of making his other gambling websites just as successful is a fools bet.

why only have one profitable casino when you can have multiple profitable casinos?

they are expanding their business and market, they are also probably trying to reach more audience(I am pretty sure there are more reasons for it other than what I mentioned). opening a new business is a risk, they know the risk of opening a new casino and they accept that risk, they also know the profit it can generate.

Have you ever tried to reason if you own a business that is flourishing and decided on opening another branch of the same business for  expansion, you are doing this because you think you're good in what you do and have gathered enough experience in it as well, it's also another thing we can decided to increase our business for more profits realization since we have the best of the knowledge on how to handle and manage them altogether.


No, you're wrong, the idea is to maximize profit in business and introduce new additional offers to come along with the new establishment and it's part of business strategies.

For starters it's not only casinos doing this, you will be surprised that even our own favourite products in our homes could be products made by one company regardless of you choosing product A over product B...

And with regards to casino's having multiple products , it could be a way to maximize on their profits or it could be a way to have different products for different countries as they could be having different licenses that don't cover all locations of operations... Sometimes this is done as a way to create a competitor that can compete against themselves...

I don't find that as an illogical thing. Most gamblers don't even know that they are playing on different sites but the owner is just the same.

If you have been gambling for long, there's a thinking in most gamblers that it's good to try a fresh and new site. Therefore, these site owners consider creating multiple gambling sites because they know that some users are like that.

Some users, after experiencing big losses on a certain site want to get out and find some new ones. In the end, these users will probably still end up playing on a site with the same owner as their previous one. Business expansion indeed.

That's a strange question. Many gamblers do not even think about who owns a particular casino, but from time to time they want a change of scenery, so they move to another casino. If the owner of the casino from which you move has several other competitively capable casinos with a good reputation, then there is a chance that you will be profitable to the same person / company. It's very simple.

For the same reason why exchanges have different companies operating in different jurisdictions. It's best if their local branch is operated by a local team, the way fast food restaurants do.
If anything goes wrong that team will be responsible and the main office will distance itself from the branch.
Also, not all games are legal in all states, so they sometimes create another branch to handle sports and another to do games popular in Asian casinos.


That's right and then they fall victim to a casino that used to scam people and changed its name, but it's still one and the same team. It's best to know who owns the place you send your money to. It can also be said about banks.

1 slot = gives a certain profit which can practically be multiplied by the number of slots that are present in that casino.
think of it as if it were a "fixed-certain" mathematical rule.
this is a very very simple rule. the more you play at the casino, the more the casino wins!

If you have a certain experience where you feel unlucky on a gambling site, you will try to erase that scenario by looking at other sites. There's no such thing as being a loyal user for too long not unless hunting for a top VIP tier. In that case, if users try to look for a new site, there are more gambling platforms to choose from. It's a way of maximizing the potential profit and revenue. Why stick to only creating one platform if they can open another one?

We can apply that strategy the same to other businesses like restaurants with the same owners. People will surely try to dine in at different stores.

I have not taken note of this  and would have loved you to call names but that is not really necessary.  Assuming this happens, the simple reason might be for business continuity. It might be their way of expanding their business which is acceptable in the normal business world.


If there were no benefits, they will not do it. So I feel it offers some benefits that make the chose that part. The most important thing is if they are delivering quality service. If they are, it shouldn't be a problem.

By creating multiple casinos, the owner can differentiate his resources, minimize losses, select the most profitable and profitable areas. Usually survive those who can offer the player a sufficiently large number of options, as well as the most optimal and safe option to withdraw funds

Everything is risky nowadays, Just like in investment, owner doesn't want to put all of the money and efforts in one casino that's why he chose creating another one, besides that's a one nature of having a business, to create and develop more because they already saw how people love and enjoy his business. This kind of issue is so normal and part of a business strategies.

There are many casinos, right? Thousands of them. There we have Stake, Sportsbet, LiveCasino, Freebitco and so on. Each of them have their own loyal customers despite the fact that some people think Stake is the best, some think Sportsbet is the best and so on. Paddy Power is a very good example, they own many casinos but these casinos, each of them, have unique UI, unique promotions, unique marketing, unique attitude towards customers. It's like, having 8 types of customers and creating 8 product for each of them because you can't create universal product that will fulfill the requirements of 8 different person.

Thru scaling.
More sites means more gamblers to play. Why? If they had a bad impression with site number one, you can still regain them with site number two.  You could also be a sportsbook alone and another gambling casino alone. You may offer bigger rewards than with your other platforms for players to consider it more but in fact, things are still under your platform.Players most of the time are not sticking to a single site alone to bet. Some are having superstitions that they might be more lucky using other gambling sites and if you happen catch them with your other gambling site, then that's a win for the trade name. There's also a tendency for some gambling site owners who has multiple platforms to be using it as bait before he fly to other and more players.

You can't grow your business if you are like that, mate. :) Think of an idea that will bring more profit.

Especially if your business is growing, and the gambling industry becoming a trendy thing every year, it's always a good option to consider expanding your business. Why not take advantage of the growing numbers of people involved in gambling? It's a clear money. Gamblers also have different tastes in gambling sites. These gambling site owners, can't just attract these gamblers into their single site. To meet their expectation then build more sites for them.

The very first thing that comes to my mind when I think about this is, oddly enough, not fraud, but the creation of different projects under different regulators. You probably noticed, but each casino has a list of countries with which it does not work (it is banned there both from the country and from the casino, that is, using the IP address of such a country you will not even be able to enter this casino).
This is because in each country the gambling requirements/regulations are different, and so different that it is easier to create a separate legal entity (and brand) in order to operate in a specific country. As long as the costs of creating a separate legal entity pay off (the capacity of the national market allows you to receive the necessary profit), such a strategy is reasonable.
But of course, there are disadvantages that cannot be avoided: the promoted brand remains recognizable only within this country and does not have access to the global market. For large projects, this is a very painful negative consequence of such a strategy.

Quite that questionable but since they do have the funds or capital on doing so then they are really that free on doing things on what they do have in mind. We do know that creating casino doesnt come cheap.
If they would be tending to create another one then the thing i do have in mind is that they are trying out to make those false or fake competition and since gamblers in the market is really that increasing
then there are those who are really that a fan on testing out new sites and leaving their old ones even on how reputable it would be. They would be making something that looks more appealing but of course they wont really be putting out outfocus of their old.It is really just that somewhat raising up that kind of question that why they cant just focus on single point?
No matter what their reason is then they are still making profits on both sides.

As long they would really be able to benefit then they would really be that definitely be doing things which would really be giving out that kind of advantage on which it isnt really that shocking on
this kind of particular situation on which it would really be just that normal that these owners would really be doing their very best as long they could be able to benefit
out.

These are some benefits they would get;
 - popularity
 - earning more
 - winning the competition

We can't see an instant benefit from this because of huge expenses upon the start but in the long run, the casino owners benefit more. In the business world, the mindset of the owner is to cater to all gamblers or attract people to gamble which is why adding more casinos could be the best thing to do. In fact, as we can see, a lot of people become a gambler because a lot of casinos are available these days (offline/online).

Online gambling is one of the most active industries during the pandemic. One of the industries that become a big thing even the world is facing a global pandemic. I think that's what some gambling site owners today have in mind during the time they think of building a gambling site platform since it's proven that the gambling business can survive in that worst situation.

Let's think about it, if we owned a gambling site, why settle on a single-owned gambling site? There are lots of fish out there. Even those who were not a gambler before are now enjoying playing in an online casino. The target audience is everywhere that's why it's a must to have different owned gambling sites.

With lots of competitors around, some owners want to make sure that more users will come within only their premises. It's not possible if they only owned a single gambling site. They should hold more of it for that plan to become more effective. But they have to make sure that the good service will be maintained at all of their gambling sites.

Seriously, it's kind of surprising to me also, because why do you have to create another gambling site when you already have one? The amount that will be spent on maintaining and promoting two gambling sites, why can't you just focus on one and allocate enough money for the promotion of the gambling site? If the reason for creating two gambling sites is to reach a wider audience, then if enough money is spent to market one, they will be able to achieve that. But I can't really say the reason for creating multiple gambling sites, which am sure there will be a reason for that.

I am sure they will have a reason for doing that, and I am sure if they are not benefiting from it, then they won't be doing it. If you are in a business and you are losing instead of benefiting, you won't have a choice but to shut down the business. But if things are going smoothly in your business, then you will do everything possible to maintain it.

You'd be surprised how many airlines are at least partially owned by the same people or organizations and why would they do that? They can offer different price ranges without hurting one of their brands. They can shape their different offerings in various ways to find out what works best, what is the most popular among customers.

I have noticed that as well for casinos and I think in a growing market like the gambling industry it's important to field several players in a highly competitive world. They have more options to tweak stuff in the back- and frontend without hurting their flagship casino. I can think of a lot of reasons why casino providers would do that.

A changing legal environment might also be a good reason to have several casinos registered in different locations.

The more you branch out, the more people you can get and that could increase your profit over time.
As many says diversification is the key, those business people also follow this rule and they really know when to expand their business. Creating a different casino from your mother company is not a cheat at all, they just know how to do business in a more proper and we may never know why if we remain ordinary people.

also, do take note that they are businessmen, they can have some sort of share of any business, it doesn't mean they are full owners of the site or the project. these businessmen as much as possible want to expand their network of sources of income. they are not handling the minor aspect of things anyway like the daily operations, complaints among others. they are taking care if the business is still profitable or not. and find ways how to continue this business and grow as much as possible.

just like your example, owners of airlines. they can have some share in a lot of different airlines, and not only the airline they are known for. and more for other businesses. do remember, they are staking their money to various businesses as they want to spread their investments and so the return is not detrimental if one or two will turn out to be a failure.

First of things, I want to highlight that crypto casinos industry is not so new, talking about the new style and all in one casinos. We see new crypto casinos every day with multiple technics of marketing and promotions. So I can say that there are many reasons why owners are creating multiple casinos even having a successful running casino before.
One of them must be regional restrictions, some casinos have licenses for specific countries only and they don’t allow other regions from joining their first casino, automatically they prefer launching a new casino and new license to allow more regions and gain more players simply.
Another reason, could be the type of games and providers they have inside. Better that they create and start another casino with different games than filling the first one and making it either slow or boring for players. Even if the first one is running well and generating profit for the owner, it’s not an excuse to stop investing in more casinos.
Last reason I can think of, is methods of payments. Sometimes some casinos are allowing only fiat and virtual bank as deposit and withdrawals methods, and depends on their casino license, they prefer to launch second one allowing cryptocurrencies for their payment system.

From this question I don’t see reasons or excuses for owners of a casino to not launch a second or even third one for more profit.

Gamblers are plaeyers that have their faith bound to how to win, many don't even know how this thing really works. I am not sure if I know any person that owns a casino but if a person has more than one casino, then it is possible because of some reasons like maybe he is not the CEO of the company, he might just be another employee of the casino and if he thinks that he has gain enough experience to start his own, he will live or not depending on their agreement to go start another one for as his own business which I see as nothing, everyone need to progress in life at some point.

My second guess is that it might be because of different branding, I have seen casino that are only focus on casino games, they don't include other categories of gambling like sports, crickets and Basketball, they can decide to run an independent casino to get people to come and play so they can generate more money. I think there are some countries where some certain type of bets aren't even allow, if such casino has some certain type of games in mind, they can launch another type of casino but it will focus on another location to attract people from other places.

My third guess might be because of License and regulations, some casino are very regulated by some countries. I think in the US, there is so much tight regulations over there and to do business there, you have to comply with them and such rules makes other customers from another countries not to play, so it is possible to have a casino company with them and has another one that is less with rules just to get customers to play with ease and without fear of having their money stuck on the casino.

First off, it eliminates competition. The thing is some casino owners buy off IPs and brands from their competitors and absorb them into their conglomeration to earn their revenue and their customers. Sometimes they will deliberately worsen the situation and features of said casino they bought to highlight the main brands they own and pool all of those customers from competitors into theirs, just in case their competitor decided to launch a new IP with the same features and benefits. It's called corporate warfare and it happens all the time not only in the casino business but practically everywhere else. Some casinos fall victim to this and deliberately do so because of lack of proper funding, an unsustainable business model that bleeds them money more than it makes them, or something else entirely.

It also creates the illusion of choice to the customer's eyes. They may not favor one casino name because of their bad experience, but if they have multiple IPs under the same entity at the end of the day it will end up in the same man's pockets without the customer knowing anything about it.

It is a business strategy to dominate the market, so that regardless of the option of casino chosen by a gambler to gamble in, they still will be the the ones to profit. They create the competition with themselves. This business strategy works for some business owners who understand the risk involved, have the capital for it too before engaging in such diversification. But for others who do not understand the risks, and are not sure about the capital, it ends up being a bad choice for them as it will also sink the other casino businesses that they have if they are not lucky.

Every business have a strategies and if their is no atoms of profits in creating numerous casinos platform I don't think people or companies that have before will like to launch another site of casino, when you cross check casinos you will see or noticed that almost all the casinos have a similar function, so for them to have different casinos I think that they do benefits through traffic of the city and sometimes people who gambles doesn't like to concentrate in one particular casinos platform they always like to test other casinos platform to try their luck and that should be the reason why some of the platform do like to have different sites to grab more customers

Yes it is essentially about offering their customers the alternatives that otherwise other casinos would offer them. A lot of gamblers are trying out different platforms, so if they want to go on or add one to their list, the next one might belong to the same person. When you look at the corporate networks that billionaires have, many of their products and services seem to be competing with each other, but no, they just widen their own spectrum to ensure that once a customer wants to try a new place, that new place might also be the same owner. In Germany we have billionaires who own so many "competing" retail businesses and it almost doesn't matter where the customer goes, chances are it is the same person behind it.

One reason is to start a new for a new type of audience.  This can be called market localization due to legal and regulatory requirements.  Another reason as stated is diversification but the owner should be aware that openning to many casinos may backfire.  With multiple casinos opened by the same person may result in internal competition, each casino competing against the other which can result in cannibalism where the users of one casino they owned is pirated by the same casino they also owned.

Maybe some of the casino owners are so hyped about reaching their different audiences and opening too many casino platforms that they neglect the possibility of the negative things I mentioned that may happen between owned casinos.


But with many casinos being opened by the same operator may also produce internal competition.

What you are asking is just saying why do people needs multiple stream income
If I may intrude into this, people create multiple casino to keep their income coming without lacking, it is the same as doing multiple jobs not only one but whenever someone has alternative means of incomes it keeps them financially balanced without falling out. Casino owner does that as well without any hidden agenda and their terms of services, most times it could be that there are some of the countries they target and there are some of the country's they won't operate maybe it could be that they are only focusing of a particular region and states.

I guess those casino owners could be the only ones to give a perfect answer for this, as they are the only ones who have the perfect explanation for their actions.
 
Either their first casino is not getting the attention they want, no money is coming through it, or they need to add something that they think is a total new idea that requires a new casino, which could lead to starting a new one, or it could also be because the old one is losing reputation and they need something new in order to stay relevant in the system.
 
Whatever the case, their primary objective is always to increase their revenue, and almost every businessman will employ any strategy to attract those customers who will patronise and add to their wealth.

It's a business, expenses is just part of it when business profits. And it's not illogical, it's a basic thing how business works. It's the same thing on businessmen who have multiple restaurants on the same area or the same mall, it's just diversification of business. More business, more profit.

True, only those owners could know that or what kind of strategy they are using, but if one thing is for sure, they are doing this to make more invome multiple platforms, which means multiple incomes. We know that gamblers like to play in different casinos to have different experiences, fun, and thrills. That's why they tend to find other casinos that could suit their taste, and I think that's what the casino owners are aiming for. Even if one customer leaves one of their casinos, it will end up in their casino as well.

And I think they also do this to have different connections; many connections mean smooth business and more income to come as they could meet huge personalities that have a high position in society. In that way, their business will prosper and they will earn more and more income.

Yes, there are thoughts about this. This may be a subsidiary, perhaps some players are disappointed for some reason in one online casino and prefer another but they do not know that they belong to the same person or the casino owner is using the tactic of not putting all their eggs in one basket, as people often do. I think there are many more deeper reasons, but these lie on the surface for me

Nowadays access to casinos is widening and expanding, according to me with online reach or phonecell applications making it easier and more confidential ;D means that you can use other people's personal data or platforms that do not require an age limit for users, habits in filling spare time and as phonecell users increase turnover for casino owners. entrants can come at any time and more than expected, faster casino information on a web with from user to user. other users.

For entrepreneurs to hold this media, I think the material is durable, meaning that the tool or web is bought once and the rest is maintenance. I think the return on capital is also quite short.

I don't like to go out and there may be casinos located around me that are still operating today, but with online casinos, you can access them even when you wake up and before you go to bed. :D

If there are cassino owners here, they will certainly provide clarification for the outflow and inflow of whether their turnover has dropped to the point that they dare to add new locations, or whether it is very profitable, and whether they are moving to follow the online era to increase market share as well.

We don't know what the reasons are for business owners to create other additional casinos. It could be that this is all because they want to get more profits, or it could also be that they have different ideas from the previous casino, so they created this additional casino. In our opinion, creating an additional casino doesn't make sense because the owner already has a casino that is already running well and has its popularity. But there must be something that ordinary people don't think about why the owner wants to create this additional casino.

If it's about benefits for gamblers, each gambler has different reasons. Perhaps they are okay with the casino owner creating another casino. That benefits gamblers because they can include another trusted casino in their list.

It is easier to call a business decision illogical when you do not understand how the business runs and you are simply judging from outside as an outsider without little understanding about the profit-making side of the business. Know that these casino owners will not engage in trying to create multiple casinos if they have not run their evaluation and then made considerations. It is also likely that maybe the other casinos that they open after opening the first one will run better and be more profitable because of the experience they've gained from managing the first one. Experience makes you better at something.

That's just how business goes I guess? I'd compare it to how chains are made in the real world, but because of how nonsensical the idea is in the internet, they instead opted to create a variety of casinos instead.

Not to mention that gamblers are kind of weird themselves? I mean people would play on random casinos all the time even if they're already playing on another that's offered them good services and whatnot just because. Maybe that's why they're putting it out like that. I mean the costs would probably be roughly the same and I reckon it's already another form of investment. Plus, with it basically being the same as their other casino, staff probably wouldn't need to be increased that much except for the tech support team which requires a separate one.

I would also add another reason: diversification of your business. Probably the owner made a profit in his first casino and wanted to open a second one because he sees a high risk of opening in one country (country risk). The profit allows him to hire qualified consultants who will explain in detail all the subtle points and difficulties. If the owner is satisfied with everything, then a second casino opens, for example, in a country where it is warm all year round. Now the owner will be able to monitor the performance of 2 casinos, compare them, adopt the experience of one of them and apply it to the other. The advantages are obvious, so I think it’s logical for them.

Having one profitable casino but owning multiple casinos indicates that he wants to make more profits. People are very greedy for money and people love luxury so much that those who own billions of dollars want to own trillions of dollars. And that's basically why people want to own multiple casino sites.  I think this is the biggest reason why on the other hand there are many people who like to be owners and they dream of owning many companies. Everyone operates multiple casino sites for different purposes and wants to own multiple casino sites.

Anyone business operator could easily create multiple casinos as we are in the online world already. I mean, the operating expenses aren't that high compared to what benefits the casino may rip in the future, with plenty of casinos, making more than one casinos will be able to compete among the money. I'm sure, those company who have multiple casinos running have focus on the branding of their casinos, they may have diffeerent focus on markets but their goal is to be both successful.

And yes, you are right, they are in the business so they know better the market, and once they open multiple casinos, that means they sees more opportunities to make it profitable.

If the casino owner could build a new casino, he would do it because he wants to make more profits from his business. Maybe he was greedy because he wanted more profits but that's how a businessman is.
If he sees any development in the business he has created, he will want to increase or expand his business to become even bigger. Creating one or more casinos is the goal.
However, being a business owner is not easy because he has to understand everything related to his business and not just leave it to his employees. That way, he can monitor all his business activities well and think of ways to grow his business even bigger.
He will get even bigger profits when he has succeeded in developing his business. That's what all business owners want.

The word greedy is in appropriate when referring to business who are just trying to take the opportunity to grow their company. We don't know exactly if the new casino would be successful than the old ones, but it has been the trend I guess, so for sure they have some studies telling it's advisable to open a sister company.

But I'm just curious, let's take the number of casinos who have an ANN thread in the forum, do we really know their sister companies if they are operating with multiple casinos?

Like these popular gambling sites.

1-stake
2-sportsbet
3-duelbets
4-betcoin.ag
5-Rollbit

When a casino owner creates another casino, they have the opportunity to test how the new business model will work and how successful it will be. It is basically impossible to test everything within one casino. In the future, the casino owner can leave the more successful models, and close the one that did not meet expectations

Yes, but maybe the casino owners are not greedy but want to make bigger profits by owning more casinos ;D
Only with attractive promotions can the new casino gain the attention of gamblers. In the meantime, the casino owner knows what to do with his new casino. If he thinks that the promotions should be different from the old casinos, he will find a way.
I only know a few casinos that are on this forum. Bitcasino, Sportsbet, Livecasino are under one management or owner (but I don't know which one is correct). Then there are 777coin and Bitvest, which are owned by LightLord. Maybe there are other casinos but I don't know about them.

Maybe that's the reason casino owners create other casinos. If they create a new casino to target other users, they should test the casino before launching or even after the casino is launched to see how the users react.
The casino owner has many ideas that he wants to try one by one, which could be why the casino owner creates other casinos.
Of course, the casino owner aims to create a new casino that is different from other casinos.

Casino owners plan to build multiple casinos to grow their business. Most of the casinos in our country are being operated illegally. And among all the casinos there are only a few legitimate casinos. So casino owners feel that their casino business may be in jeopardy or shut down at any time. If unfortunately a casino closes. So that the casino owner can survive in the gambling market through another casino. Considering all these factors, casino owners can avoid their risks by building multiple casinos. And also can be profitable in the business field

It has to do with the variety and the illusion of choice, with more casinos available it wouldn't look like there's a monopoly on gambling industry because there's the choices just look at the parent companies of competing brands of different products that you use daily and you'll know what I'm talking about. Another thing would be the fact that in the case that there's an issue with 1 casino, they can still make a profit because they've got other casinos that are supposed to be their competitors but in reality it's not and sometimes some casinos aren't available in one country because it got no permit to operate there or it's taking long to approve but their other casino is already permitted.

If they have the money to fund extra casinos why not? A casino can generates billions in dollars per year and use the money to build another casino from scratch, when your business is lucrative even if it's not casino, won't you find ways to expand?  Why are we going to keep complaining about it?

As a gambler, your role is to maintain yourself in gambling, see how far you can get lucky, assuming I am gambling and having some luck on Stake casino and I heard that they now have two extra casinos, what do you expect me to do? Quit stake because they have more casinos?

Although this comes with a lot of risks, as some casinos can't even manage more than one, yet they proceed and they will end up hurting the main casino they are used to managing, the whole business will crumble.

This comes as a bit of a surprise to me, why would casino owners prefer to create a new business instead of promoting their current casino more? If you already have a well established casino with a well known brand that it's unnecessary to create a new business. Many gamblers are cautious when it comes to new casinos and would prefer to stay at a website that they are used to and know that is reliable. Wouldn't it make more sense to run new promotions on your existing casino than to create a new one? I can understand that different countries have different regulatory requirements, so you might want to have one casino for Asia, one for Europe and for the rest of the world. Keeping everything separate makes it easier for the regulators to give the necessary licenses and if there is some issue not all the business is at risk.

Some may do that its because they want to create an alternative platform for their gambler to play since sometimes it becoming more boring to stay on a single casino that's why maybe it came up to their mind that they should create another one so that they can still be the choice of their gambler and earn a profit with it. We see some of those casino here and they are somehow successful for running their operation. Usually this happen especially if the owner of casino have a lot of funds and I find this very smart idea since this could increase up their potential profit especially if they manage well both casino they created.

Casino owners who have well-developed casinos want to get additional profits from the gambling business so they want to create new casinos. They already have capital from the profits they got from their old casino so they can set aside some of the money as capital to build a new casino. They also have experience in running a casino. Hence, they are familiar with everything and they may ask for opinions from their members first before they announce their new casino.

If the casino owner can get employees with expertise in managing his new casino, the new casino can develop well and gain a reputation. If that happens, the casino owner can get even more profits so that his business can develop even better. What is important is how the casino owner can manage his casinos well and not have problems with anything so that the casino owner can focus on developing all his casinos.

Yes, I agree that diversification is a strategy many companies are employing. Additionally, there's another reason I didn't mention, which could be related to taxes. Many companies establish various subsidiary companies to circulate cash flows and minimize tax liabilities. I'm not well-versed in tax matters, but the practice of creating multiple subsidiaries to legitimize invoices is widely used for tax avoidance. The specific processes might be more complex, but I think that's also an reason.


Building to sell is indeed an option. Though it will vary from owner to owner. Each one will have different intentions
Sometimes building a competitor will make the whole market better for all

If you will only think about the disadvantages of doing so, then that could have limit your potential of earning a huge amount of money. You can say that because maybe you haven't experience to build up a business yet?

Even if you do, you are not like the other serious and pro business people that like to take big risk. They can fall harder but at least they try. And it's not going to be the end of everything. Like the saying says, as long as we are alive or breathing, there is always a chance. They can try again or they will now move on, in the other field. I'm sure that we can always find our luck and success if we keep on looking.

You didn't specify if it was an online casinos or physical casino.

This might be for some personal reasons, who knows if the owner of the club we assumed aren't the real owner in reality. I have seen companies put name to protect their interest from the government, some have hidden the real identity of the owner to avoid heavy task. If you see a person operating the similar business might not actually own one, maybe he is just the face while he owns one.

If it was a physical casino, it might be for expansion sake to reach out to other customers in another place that doesn't have access to their first casino and if it happens to be online casino, the. It might be for regulation sake. Just like the way we have Binance global and Binance US, it's owned by same people but different marketing outreach, that's what I think some casinos might be doing without telling people or perhaps you don't just have idea how they are run.

When a person has a successful business he is always inclined to expand it. Why open a car dealership, gas station or any other unknown business if you already have a successful project. Gambling is a very profitable area, so casino owners and open a second, third casino using the experience gained and excluding the mistakes that have been made in the past. In my opinion, this is an excellent practice used by businessmen around the world.

It is because brand strategy at least. People like changes to avoid monotony, and by spreading your services in multiple platforms you increase your probabilities to catch again the same user. It is like with beer, for example: there are many different brands but in the end most of them are owned by the same few companies; so the clients keep enjoying different experiences every time they try a new variety no matter the brand, but they are paying to the same business.

Did I actually read you say that creating mutiple casinos might increase operational expenses without an obvious benefits?

Well, you are completely wrong about this, first, you need to realize that a gambling casino a business, a potential big one at that, nothing is wrong having multiple casinos as long as one can be able to manage them all well..
People have multiple companies, businesses in different locations, and this could mean more expenses which is very normal, but it also means more profit for the owners of this businesses of companies.

So, nothing is absolutely wrong with having and running multiple gambling casino as long as those casinos (as a business) will not be allowed to run into problems that could affect and bring other down.

It is good when we venture into different businesses for bigger profits. I don't see any reason why we have to create different casinos just for the profits. If we concentrate on a single casino, we can strategize using so many tools and team that will help us to gain more profits than concentrating on more than one casino.

 Casino business is a very lucrative one and for us to get to a height we need to concentrate on the business and focus on what weill help us gain more customers and traffic to the casino. There are people that have more than inw casino but I don't see that as a good business because it would take our time and money to grow them to gain popularity.

If two gambling sites have similar games, not much difference in the UI but only the brand name differ then I see it as pointless because they are simply doubling their expenses for the same set of users, so it's better to concentrate on advertising than building two casinos to bring more income makes more sense to me.

If the casino site is to be sold, the new owner should have the idea to make lots of changes so that there are no similarities with other casino sites. It is also to strengthen the brand that the casino site is different from other casinos, and they provide something different too. But if the owner is the same and he makes the same casino as his other casinos, it's just a waste of money because he should be able to focus on developing his casino which is already running well and not making another new casino. He can create a new casino but with different content from the previous one. Usually, if a casino owner already has a casino that contains casino games, he can create a casino about sports betting so that he has two different casinos.

Many casino site owners have more than one gambling site and they do it very well, it's just that maybe they have unusual marketing methods and maybe they are different from each other, of course to attract market interest too, I'm just following the example of primedice and Stake, it seems like they are one company, it's just that because the name Primedice is synonymous with dice games, it will be difficult to add other casino games there besides dice. Maybe the reason for building Stake is to build lots of games and sports betting in it. Actually, there's no problem as long as it's profitable

This is a great and comprehensive answer to OP's question. Not much to add, maybe for the fact that operational costs do not have to be much higher than for running all operations as one, big casino. It's not like staff has to be hired by each casino separately. In fact, it could be one company running different brands of casinos, but even if they are all set as different legal entities, they could still share employees (e.g. customer service, accountants etc) and many of other administrative costs.

The reason for creating multiple casino sites is to build multiple businesses. Again, one site will act as a market road for another site, thus taking a good position in the multiple casino site market and making a huge profit from it can be the main objective of a casino site owner to operate multiple casino sites. I don't know if there could be any other major reason and I don't think of any other reason at the moment.

Thank you, there might be various reasons, but generally, these are the common ones. We may not fully understand their underlying motives, but I believe their ultimate goal is profit, or using subsidiary companies to promote and support the main company. Especially in the casino industry, there are some unwritten rules and tricks that differ from other traditional businesses; perhaps those who have experience in this field would understand better than us. Regarding operating costs and personnel, I think they would increase significantly if you expand the scale, but in return, the revenue would also go up.


It is not uncommon for an individual to have multiple business entities. If it belongs to the same category. I find several reasons behind this. The first reason is important to me it seems that a casino cannot attract all types of gamblers. Because of which he focuses on diversification. Because we all know that diversification can reduce risk. This is definitely a good strategy for an owner. Moreover, an owner can establish different casinos considering the people of different places. Even when an owner acquires the ownership of a few companies, he can get some benefits from the government of that country. But here the owner will surely benefit there by doing different companies.

Agree with you, maybe by changing the brand or name on the casino platform, the company can make a lot of money there and this is also one of the strategies in business to develop the business or business to be more advanced. such as food or drink. Companies will try to issue labels that can attract buyers' attention by making various kinds of food and drinks even though the owner of the same company produces them.
And again, according to the title of this thread, is there an advantage for a company if it owns many casinos? There is clearly an advantage in doing business, the company will make a profit there by launching many casino platforms, even if it is the same from one casino to another. and I think gamblers won't mind this because gamblers only think about how to gamble.

Currently there are several casinos or gambling platforms with one owner and their aim is to make the scope of competitors narrower in order to achieve quite large profits. Its trick or strategies business from casino owner have multiple casino operation and make the gambler when tired with one side casino will move to other casino but still the same owner  just change name, game play or other unique feature between one casino and the other casino.
The same strategies between real business and casino benefit by the owner when creating multiples casino, they will earn much profitable exactly two until five casino with the same owner have been popular and every years the user active up drastically. I don't think the owner of casino will be enough earn profitable from their business with one casino site only.

I think that operating numerous casinos won't hurt their bottom line, in fact, it will benefit them even more by allowing them to share staff, systems, and resources across all of their locations. Plus, I believe the owners may be able to cut expenses and maybe boost efficiency.
When it comes to business, it can be challenging to manage a single casino. In the event of a failure, consumers will inevitably seek for another establishment that captures their interest. It's critical to have excellent customer service and strategy, which is what those casino owners aimed to do. By doing so, they were able to see what other customers enjoyed, which was similar to providing them with the thrill and excitement they desired.


Indeed, owners can access greater numbers of customers and increase revenue by running many casinos. I think that every casino has the potential to attract different kinds of customers, and the total revenue from several locations can be very high.
Additionally, by running several casinos under one ownership, they can target different locations, population growth, and even niche markets, minimizing their reliance on the success or failure of a single casino.

The fragment of words I quoted is a strong reason why casinos are owned by the same person or company. The profits gained from people who feel they can make a fortune from gambling give casino owners more freedom to carry out their business practices. The bookie's profits always double every day, addiction is caused by gambling due to one or two wins, the rest you lose and will continue to lose. Games in gambling establishments are designed to be profitable for the dealer, the accumulation of money obtained from gamblers' losses makes the casino owner able to establish many casinos.

Well, it all starts with owning one casino first, making it a truly reputable casino where gamblers find it convenient and easy to gamble. As their business grows, they will have a lot of money and they can put that extra money to invest in the creation of the 2nd casino and so on.
Of course, the owner will be hiring the staff and mods for each of his casinos as he cannot handle everything himself. There is nothing wrong with this approach.

The bottom line here is that one needs to have the capital to run multiple businesses or more than one casino site. So it is the game of money. The more successful sites you have, the more revenue you will generate, and this cycle continues.