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Economy => Gambling discussion => Topic started by: komisariatku on January 11, 2024, 01:38:33 AM



Title: Who is the money manager? is it a casino or game provider?
Post by: komisariatku on January 11, 2024, 01:38:33 AM
Most of the games in online casinos come from third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc. When playing at any casino, we will use their services. Perhaps only the house edge games are fully owned and powered by the casino

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: Darker45 on January 11, 2024, 02:02:37 AM
Most, if not all, gambling games whether fully-owned by the casinos or offered via third-party providers have house-edge.

I'm not sure if all casinos share the same contract with their game providers as there are casinos that may want their games personalized, but I guess the standard operation is that casinos manage the finances. Casinos, after all, are the ones handling the pay-outs or paying the players.

Game providers will get a certain percentage from the revenue. Of course, winnings paid out by casinos will have to be deducted first. Otherwise, they might not register a profit. Percentage shares of revenue might vary from one provider to another.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: bittraffic on January 11, 2024, 04:19:13 AM
Most, if not all, gambling games whether fully-owned by the casinos or offered via third-party providers have house-edge.

I'm not sure if all casinos share the same contract with their game providers as there are casinos that may want their games personalized, but I guess the standard operation is that casinos manage the finances. Casinos, after all, are the ones handling the pay-outs or paying the players.

Game providers will get a certain percentage from the revenue. Of course, winnings paid out by casinos will have to be deducted first. Otherwise, they might not register a profit. Percentage shares of revenue might vary from one provider to another.

Its still the casino who manages their assets and the providers only get percentage as their share which I think its still the casino who owns their profit.

No wonder game providers still are involve in resoling issues especially when theres cheat exploited by players otherwise there is no point giving commisions to them.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: retreat on January 11, 2024, 04:27:08 AM
As far as I know, the manager here is the casino as the main party connecting the players and the game. Game providers will only be responsible for the games they provide and will get their share in accordance with the contract agreed between the casino and the game provider. However, in some casinos they may have different contracts with game providers, but almost all casinos have a mechanism like this I think.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: 0t3p0t on January 11, 2024, 05:10:38 AM
As far as I know, the manager here is the casino as the main party connecting the players and the game. Game providers will only be responsible for the games they provide and will get their share in accordance with the contract agreed between the casino and the game provider. However, in some casinos they may have different contracts with game providers, but almost all casinos have a mechanism like this I think.
This really depends on the casino and game providers terms and agreements. Contracts may vary in some other gambling platforms but all in all they are the one who bags the profit they got from gamblers. For me personally I think the gambling platform is the one who will possibly manage the finances.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: danherbias07 on January 11, 2024, 06:05:40 AM
Online casinos have always been the managers which is why those companies that you mentioned are just called slots providers. They provide the game with maybe a contract behind it, but all the money will go to the gambling sites first before they pay the providers. This is one of the reasons why there are debates about the gambling sites are tweaking the house edge. It's like they own it through licenses so they can do anything about it.
I have never played slots for a long time now, maybe 2-3 months already due to the fact that I had been on a losing streak with those games. It's like it is impossible to win even if I play the Enhanced RTP slot games. More like a trauma. :D Betting for those games is not cheap so I really felt the amount that I lost and I cannot even do anything about it or to get it back.
When you feel like something or someone is manipulating the system, it's difficult to go back to playing it again. Which is why I am now staying with original games and sports betting.



Title: Re: Who is the money manager? is it a casino or game provider?
Post by: SeriouslyGiveaway on January 11, 2024, 06:41:25 AM
So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?
As far as I know, the companies providing games for casinos also play a crucial role in financial management. They supply the games, build and maintain risk management systems, and regularly provide reports on the performance of the games for the casinos. In addition to that, the casino management is responsible for the overall administration of the casino, including all financial aspects. Furthermore, the financial department within the casino is tasked with managing revenues and expenses, processing financial transactions, and reporting on the overall financial situation of the casino.
However, when it comes down to it, I believe that the final decision regarding the casino's finances still rests with the casino owners. They have the ultimate say in financial decisions, despite the roles played by game providers and casino management.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: Oshosondy on January 11, 2024, 07:07:54 AM
So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?
There would be an agreement between the casino and the game providers. The agreement will be that they will pay the game providers certain amount of money for providing them games that their customers will gamble with, but the casino itself will manage the finances and not the game provider. The game provider will manage only the money the casino paid them and that has nothing to do with the casino customers money that the casinos are the ones that will manage it.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: asyakashi on January 11, 2024, 07:11:58 AM
maybe the financial manager is the one who owns the gambling site, because the third party only provides games, this is just my personal opinion


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: agustina2 on January 11, 2024, 07:14:25 AM
So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?

The gambling site is the one that finances everything. The game providers are providing the service and that was being paid. Business cycle. If you want to run a site, try to refer to some popular game providers' main websites and you might see some links there about how the deal works.

Commission? No there is none I think. The gambling sites purchased the game rights within a given contract. The providers are just simply selling their games. Being paid by the gambling sites, these providers will give all the running codes and algorithms to the site, plus the game maintenance as well.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: len01 on January 11, 2024, 07:53:35 AM
overall, of course the finances will be managed by the casino and the provider only gets part of the initial agreement in accordance with the contract that was promised, for example the casino gets a few percent after that the rest is given to the provider.
It is very rare for there to be a casino whose finances are managed by the provider because the provider has so much work to do to take care of all the problems and develop the newest games or solve problems with bugs that occur so it will not be possible for the provider to manage the finances because in terms of work it might be confiscated a lot of time.

but it is possible that there is a casino built by the provider itself but I dont have any proof that there are casinos managed by the provider but there are definitely at least some.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: Agbe on January 11, 2024, 08:02:31 AM
In my own understanding all games are manage by the casino and the casino company pays commission to the game providers and if they fail to pay for a long period of time then the games would be withdrawn from the casino site. It is the gambling website take care of all the financial services and it is not done in any business that those who give out their products to a company also finance the activities. But instead the receiver of the product finance everything and pay the own of the product as well. Op if the game providers pay for the services, then who will maintain the site? The owner or the game providers. Op there was no need to ask such question because it is a simple thing to understand.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: Queentoshi on January 11, 2024, 08:38:45 AM
So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?
The casino obtains license for these games which they pay commissions for occasionally or one time depending on agreement, the casino is in charge of their finance, and they make money from these games. Game providers will be interested in just making and maintaining their games and making it available to as many casinos that need the games as one of the games they provide to players. I am just speaking from common sense because that is what makes sense to do.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: mvdheuvel1983 on January 11, 2024, 08:52:43 AM
From my business knowledge, there are different models that can be used by online casinos to managing their finances. The casino can outrightly pay a one-time fee to own the game and get the profit that comes from the game without sharing them with the game providers. Or there can be a profit sharing model from the games that can be split in a 60 -40 percentage between the online casinos and the game providers. Another way that finances can be managed between the casino and the game providers could the affiliate marketing model, where it is based on commission for ever customer who plays the game.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: robelneo on January 11, 2024, 10:04:08 AM

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?

It should be the casino and the game provider is a third-party vendor that serves the casino's needs for games, it's the casino that builds its reputation, name, and license and they are the ones who address issues so they are the ones managing the money and the provider depending on their contract and terms gets a share of the profits or payment from the license for the software.

I am not a casino operator but if I operate a casino I want a per-share basis of more than one one-time fee because the game provider will address the issues right away if there's one because they are commission basis.
If the casino bought the license of the script and the seller has weak support, the casino will have to wait for the seller to address the issue and they might even ignore it because the software is already paid.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: EarnOnVictor on January 11, 2024, 10:13:50 AM
Most of the games in online casinos come from third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc. When playing at any casino, we will use their services. Perhaps only the house edge games are fully owned and powered by the casino

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?
The issue is that what you are asking is not often made public as the terms of the agreement would vary among clients and parties involved. What I expect is that all that is needed would have been coded in the program we are talking about and it could be well-managed by the provider or house or both even if they are not the writer or the owner. The splitting of the gains will be well spelt in their terms of buying and usage as well as this is a business and I am sure that the percentage that both parties will take can't be the same with all casinos as it will be subject to how best you can negotiate and what you are bringing better into the table, like the capacity of the customers and the liquidity.

This is also subject to frequent reviews depending on the progress of the casinos, and I am sure that most of these providers will always want to shift ground depending on the current size of the casinos and for the competition's sake. Also, all the things that should be managed in the games can't be rigid, the developers will give the casino some high degree of autonomy to set what they want, so it can't be all about the provider. They will be reasonable enough to allow easy management by the casino as both are in this together with the casino at the user end.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: Gozie51 on January 11, 2024, 10:13:55 AM

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?

It depends on the contract agreement or engagement. They may decide to have a agreement that allows the game provider have commission from the percentage of those games played while at a point the casino buys into higher percentage and pays a lower commission to the game provider. They can also buy the right over from the game provider. So at every point it depends on the agreement reached but where the casino has bought the right of the game then they take absolute charge of the game and proceed.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: ethereumhunter on January 11, 2024, 10:19:20 AM
Casinos manage their finances because it is their business and the casinos already work with the slot providers. There may be a commission or license purchase that the casino must pay to its slot provider. I don't know what the process is because I'm not part of a casino, and I don't know what the requirements are if I want to use slot games from a particular provider. Only those who work inside the casino know about it and if you ask the support service, they won't know because it's not part of their job.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: aioc on January 11, 2024, 10:23:29 AM
We all agreed its the casino because they are the business entity here, and they have a choice on what game providers they will install on their platform, the agreement is based on shares of the profit or fees for using their software for a specific period, its the casino that face all the issues and situations, when people accuse a casino its name and the people behind them are the one who address the issues, all the game provider can do it make sure that their games are running smoothly.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: komisariatku on January 11, 2024, 10:35:56 AM
Most of the games in online casinos come from third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc. When playing at any casino, we will use their services. Perhaps only the house edge games are fully owned and powered by the casino

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?
The issue is that what you are asking is not often made public as the terms of the agreement would vary among clients and parties involved.
~snip~

Yes, I know this isn't something that's publicized so I'm curious about the system between casinos and game providers. Because my next question is: Who will regulate the win rate in the game, is it the casino or the game provider? For example, in slot machines, does the casino or game provider determine the RTP of the slot machine and is this based on the house edge or not?

I once asked one of the customer support at a casino when I was having trouble winning on a slot machine and they told me to wait for the casino to verify the slot machine provider. So I think maybe the casino is just a bridge between the gambler and the game provider and the casino will get a commission from the game provider. And when someone wins, the person who pays is the game provider through the casino.

Apart from that, if we play on a slot machine then we will be directed to another address whose domain is different from the casino so in my opinion we will be directed directly to the game provider and if the casino buys the license and software then we don't need to be redirected to another domain, but still in the same casino domain. But this is just my assumption, I don't know how casinos work and what their agreements are with game providers


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: gunhell16 on January 11, 2024, 10:38:54 AM
Most of the games in online casinos come from third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc. When playing at any casino, we will use their services. Perhaps only the house edge games are fully owned and powered by the casino

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?

I'm not familiar with that kind of trend in gambling, to be honest, as long as the only thing I know is that most of the time when it's like that in a casino, usually the one who has control over the finances is, of course, the house edge, as far as I know.

Because the game providers seem to be the only ones who appear to be partners of the casino itself, and they use the platform of the real owner of the casino gambling games. It seems like they are sister companies; that's where they came from, so they seem to have different management.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: Nwada001 on January 11, 2024, 10:45:27 AM
Looking at it from a normal point of view, the casinos enter into contracts with these third-party game providers, and the contract is to provide service for the casino.

They get paid for the service based on their agreement with the casino, and any disputes or issues from the end of the game providers, like odd miscalculations, etc., are to be handled by the game providers, and I believe their contracts are limited to this range.
 
The casino is to be fully in charge of the finances of whatever comes in and out of the casino. If there is any winning, they have to pay gamblers from those funds, and it will really look bad if the finances are being managed by the game providers, as casinos will need authorization in order to process a withdrawal.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: Blitzboy on January 11, 2024, 12:00:03 PM
Casinos handle most of the money. Casinos and Pragmatic Play or Play'N Go game developers have a synergistic but separate relationship.

Casinos usually buy games or share earnings with game producers. Casinos may provide a variety of games while controlling the purse strings with this setup.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: Crypt0Gore on January 11, 2024, 12:07:20 PM
Who do you think is the money manager? Game providers render their services to casinos and they get paid from the casinos, it's obvious, isn't it? Anyway it's not bad that you ask, maybe many don't know.

However the casino gets the game is less my concern, because the owner of a casino is the one to make all the money, games provider only makes games and since this somehow gives gamblers the confidence to trust the casino even more the casino have to settle them some percentage of it's earning.

How they will pay is what I don't know, either it's one time payment/settlement or non-stop gradual payment, that's between the casino and the game provider.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: _act_ on January 11, 2024, 12:09:30 PM
I'm not familiar with that kind of trend in gambling, to be honest, as long as the only thing I know is that most of the time when it's like that in a casino, usually the one who has control over the finances is, of course, the house edge, as far as I know.
What you are referring to is 'the house' and not 'house edge'. You meant that the casino is the one that will have control over the finances and not the game provider. That is true. But it is not the house edge but the house. The house is the casino, while house edge is something different completely. House edge is the casino advantage, the advantage the casino has over its players.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: Accardo on January 11, 2024, 12:10:19 PM
The gaming providers should be on a different deal with the casino. It's like having some necessities in the casino. Gaming providers are the OS of the casino. Without it a casino won't run effectively to provide the best for customers, hence the casino runs the business, controls finance, then pay a price for each gaming provider on the casino. It's more like a fixed price, and have duration. Such deals should be annually. The gaming providers work for the casino, and the administrator of the casino pays them for their services. The owner of the casino takes care of this before setting up a casino. That's why setting up one is quite very expenses due to the charges and needed properties before one is eligible to get a gaming provider to his casino. Which money is also need to achieve it. Since the owner of the casino started his business with money earned outside the casino, the gaming provider has no business with the amount of money the casino earns. Their business with the casino is dependent on the casino, whether to or not renew.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: coin-investor on January 11, 2024, 12:12:02 PM
Game providers provide games for casinos that's their only work and they are paid based on their agreement, which is a profit-sharing business, it's the casino that accumulates, distributes, and pays gamblers for their winnings so they are responsible for every monetary obligation so they are the one and should be managing the money coming from the platform, and casinos also pick their games providers.
Games providers make money from profit sharing, and from selling their software, it's a cooperation that benefits both parties, but casinos are the ones who make a lot of money from the operation.
Game providers make it easy for casinos to operate as casinos they only need to promote and address the concerns of the players while the game providers only need to check that their software is running smoothly.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: leonair on January 11, 2024, 12:15:45 PM
Most of the games in online casinos come from third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc. When playing at any casino, we will use their services. Perhaps only the house edge games are fully owned and powered by the casino

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?
Providers who control the money and own the casino sites only share the source and sell the games. Then gambling site owners use them for business. So it can be said that the gambling site owner is the money manager. Game providers may receive a percentage of the site's profits, but the rest of the profits remain with the casino site's owners. Because of this, game providers can never be money managers


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: swogerino on January 11, 2024, 12:16:17 PM
Most of the games in online casinos come from third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc. When playing at any casino, we will use their services. Perhaps only the house edge games are fully owned and powered by the casino

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?

I assume in most cases is the casino as we withdraw money directly from the casino wallet when we win.Most likely the casino pay a fee to the providers to link them to their platform through some API-s and that is the most logical solution in my opinion.There is no need for the game provider to interfere with the casino.If you see in Pragmatic Play website they only allow casinos to contact them as they reply to only casinos which shows they link their slots through these API-s in the casinos that pay for their services.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: Hirose UK on January 11, 2024, 12:16:34 PM
So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?
I don't know much about management like this because all you are asking about is how gambling sites work and I only have little knowledge from local sites that I have learned when dialogue with the promotion team or influencers.
From what I know, the money used by gamblers will go to the gambling site which is managed by the site team and of course the distribution has been determined from the start.
Providers will receive deposit of profits they can make and on local gambling sites there are some taxes that are charged but for crypto sites I don't know whether there are similarities or not.
The provider only provides services in game and for its continuity the management is entirely the responsibility of the casino team, different when problem occurs there may be provider who will also take part in handling any problems that occur in their game.

But by the way, why are you asking something like this, does this have an influence on the gambling activities you do?


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: Wexnident on January 11, 2024, 12:47:15 PM
Most of the games in online casinos come from third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc. When playing at any casino, we will use their services. Perhaps only the house edge games are fully owned and powered by the casino

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?
Isn't it done automatically? At least that's what I would do. That, or casinos pay providers a monthly standard fee of x amount depending on the contract that they have. May vary though between two types, a standard fee or x amount depending on y usages or y earnings of the casino themselves via the game that they provided.

As for the agreement between casino and the provider, I'm pretty sure providers has their game licensed, but casinos don't necessarily buy it I think? It's more like a rental instead. Feel free to correct me if I'm wrong though.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: carlfebz2 on January 11, 2024, 12:53:45 PM
Most of the games in online casinos come from third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc. When playing at any casino, we will use their services. Perhaps only the house edge games are fully owned and powered by the casino

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?

Dont know if this has been already shared or pointed out but this one would be explaining all.

It depends on the game. For example, a progressive jackpot slot win will be paid by the game provider. That’s because the same game is being played all around the world, via online casinos and physical establishments, and linked over a network. Every losing bet contributes to the overall jackpot that will eventually be won by a single player. Therefore, you can imagine what a nightmare it would be for each casino to collect money towards the jackpot, report that to the game provider, and eventually pool it to pay the jackpot. So, it makes perfect sense for the game provider to provide this service, then to either pay the jackpot-winning player directly (very rare) or via the online casino or physical establishment (common). Some slot cabinets, on the other hand, might be owned by the casino or rented and will payout from the wagers placed directly on the machine.

Source: Link (https://www.quora.com/On-a-slot-machine-who-pays-winnings-the-game-operator-or-the-casino-If-it-s-the-operator-do-they-count-everyone-playing-that-game-across-multiple-sites)

This explains all i should say.Somewhat this kind of question do really clears up on whose gonna pay up into those jackpots on which those provider would really be doing
specially if its a progressive jackpot which it had been mentioned above.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: goinmerry on January 11, 2024, 01:01:35 PM
Most of the games in online casinos come from third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc. When playing at any casino, we will use their services. Perhaps only the house edge games are fully owned and powered by the casino

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?

It's like a normal business cycle, where a company is paying for a service.

We can consider the game providers as suppliers in the usual business and their service is to offer their games to the gambling sites. If both parties agree, the gambling sites will now pay for these games and will be added to gambling sites.

Even without knowing the main agreement, it should be obvious that the main finance that pays the players will come from gambling site owners. The game providers are already settled and paid by the gambling sites and I don't think that gambling sites are giving commissions to these game providers.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: blockman on January 11, 2024, 01:20:39 PM
So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?
I have no idea if they are purchasing it or they're allowed to use the games and they're just paying royalty fees to the game providers. But if it about the finances, it is the casino, they've bought/rented or paying the the games from the game provider and all the finances, expenses will come to them but then the profit is obviously going to go to them. That's why it's like a coordinated business and they are having set of games that they think is in demand based on their demographics and data from their customers.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: Saisher on January 11, 2024, 01:21:23 PM
Both can make money from gambling, but the casino is the money manager and the game provider partakes in the profit of the casino based on what's on their contract, because the casino that houses the games of the providers, you can see a brand of one game provider on many casinos, and they don't care about the status of the casino as long as they get their shares of the profit unless the issues are about their software.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: Heartilly on January 11, 2024, 01:37:09 PM
So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?

Do you mean the finance on the overall operation of a gambling site? It should be the casino owners. The game providers, from the word itself "providers" are just providing the service of offering their games. There should be a contract and agreement about huge wins as what if the game luckily gives some huge win to a certain player? But it's not that there's always a jackpot winner that's why casinos can still cover the win.

I just think now and noticed that with the growth of online casinos, there are also lots of game providers now. No need to establish an online casino but rather program a game, build an interface, make it cool and elegant, properly execute those random hashes and RTP, and offer these games to some gambling sites.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: panjul07 on January 11, 2024, 01:53:45 PM
Yes, I know this isn't something that's publicized so I'm curious about the system between casinos and game providers. Because my next question is: Who will regulate the win rate in the game, is it the casino or the game provider? For example, in slot machines, does the casino or game provider determine the RTP of the slot machine and is this based on the house edge or not?
AFAIK the provider is the one who set the RTP, but as long as I know there is an option that given to the casino to adjust or to change the RTP.
I can be wrong about this but I have ever seen a same game with different RTP in different casinos, that's why I think there is an option to adjust the RTP.

I once asked one of the customer support at a casino when I was having trouble winning on a slot machine and they told me to wait for the casino to verify the slot machine provider. So I think maybe the casino is just a bridge between the gambler and the game provider and the casino will get a commission from the game provider. And when someone wins, the person who pays is the game provider through the casino.
Verification is needed on special cases and the provider is the only one that can check the case, casino needs to ask the provider because they do not want to release the money if they think that there is something wrong with the games.
I still believe that casino is the one who manage the money, provider as it name is just providing the games and they get commission from the casino.
If the provider is the one who manage the money, there will be no casino being alleged for not paying wins.
In fact, in most cases, casino is the one who responsible for payout not the provider.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: adultcrypto on January 11, 2024, 02:22:29 PM
Most of the games in online casinos come from third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc. When playing at any casino, we will use their services. Perhaps only the house edge games are fully owned and powered by the casino

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?
Unless anything has changed, casino owners take license from the game providers to pay only commission to them. Both profits and loss are bore by the casino owners. This is the reason some casino go bankrupt if they can no longer pay the winnings.

Assuming the game providers pay are responsible for profits and loss, it will not be possible for casinos to close unless the entire industry crashes which I still do not see happening.

Some casinos can actually develop their own games for which they will not need license from anyone. This means they will not pay commission or whatsoever to anyone unless maybe taxes and other government levies.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: coinerer on January 11, 2024, 02:35:17 PM
Both can make money from gambling, but the casino is the money manager and the game provider partakes in the profit of the casino based on what's on their contract, because the casino that houses the games of the providers, you can see a brand of one game provider on many casinos, and they don't care about the status of the casino as long as they get their shares of the profit unless the issues are about their software.
Casino site is a centralized platform. Therefore, all types of commissions including user deposit control, lost money are deposited in the fund of all casino sites, so the casino site authority can control all the money as it wants. there is no chance of fund management by the game provider. So it is true that the money manager is the owner of the gambling platform. The money you lose and win is completely managed by the authority of the site


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: Jawhead999 on January 11, 2024, 02:45:22 PM
It's the casino who manage the financial, do you think the casino want to reveal their bankroll to all the gambling providers easily? it would make them easily able to distinguish between exit scam casino or legit casino.

I think it's either the game provider earn commissions or they sell their games for one time to the casino.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: Weawant on January 11, 2024, 02:52:32 PM
Most of the games in online casinos come from third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc. When playing at any casino, we will use their services. Perhaps only the house edge games are fully owned and powered by the casino

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?
The casino obviously manages the finance and thats why your payments are usually made to the casino and not any third party, although they may using different payment gateway to receive and accept payment but then it still doesn't mean they have the don't control the finance.

They bear the losses and also make the payment when gamblers loose, they mostly get license from the game providers because most of the game providers have no intention of been involved in gambling, they mostly want to create fun and entertainment for others and basically that's what most o the  games created was for but the casino get the license and make it one of their games and the games provider are been paid for the license and the casino reserves the right to the game.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: CryptSafe on January 11, 2024, 03:06:07 PM
Without the casino the game provider would have no clients to patronise them. The casino is not stupid to allow access the game provider to take full control of funds on their platform or allow payment to go directly to the game providers just like that. I believe their is always a mutual agreement between both parties as to protect their interest  before they gave a deal which will guide them through and put every one in a check to know their limits.
The game provider can be a third party on the casino website allowing access to gamblers to play their games based on the agreement binding both parties but the payment would be done directly to the casino and tje casino would remit or pay the game provider their quota based on their payment agreement. I think this is how it works for them.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: lizarder on January 11, 2024, 03:52:57 PM
Most of the games in online casinos come from third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc. When playing at any casino, we will use their services. Perhaps only the house edge games are fully owned and powered by the casino

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?
Those who manage the casino as the holder of full authority over finances and third parties or game providers will get paid according to the agreed percentage. Regarding the provision of buying games or just getting a license, it just depends on the agreement and most of the time what happens is that the game provider gets the commission and the casino pays it. Logically in relation to financial matters, it is the owner of the company who holds full power because the goods provider cannot possibly hold power regarding finances.

Or it could depend on how the agreement is built between the casino owner and the game provider. To be honest, I don't really know and my assumptions are as explained above, because it is impossible for casino owners to want to be paid by game providers.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: sujonali1819 on January 11, 2024, 04:18:01 PM
Most of the games in online casinos come from third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc. When playing at any casino, we will use their services. Perhaps only the house edge games are fully owned and powered by the casino

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?

The only Casino itself is the finance manager. Providers just give their service through API and earn a percentage of Monthly / Yearly revenue from their games. However, the percentage depends on the provider itself.

And yes Casino has full control of the official/house games on the other hand casino does not have any control over the third-party games as I know.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: Sunderland on January 11, 2024, 04:24:30 PM
Most of the games in online casinos come from third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc. When playing at any casino, we will use their services. Perhaps only the house edge games are fully owned and powered by the casino

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?

It depends on their agreements (the operator, the 3rd party gambling provider and the games provider), small platforms might only get the commissions from wagers, etc.
But bigger platforms can also act as the house, when their user wins = the operator and the 3rd party gambling provider share the loss and visa versa.

Most of the casinos are using 3rd party gambling provider, not directly to the games provider because of many reasons.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: ajiz138 on January 11, 2024, 04:27:36 PM
Other people say the casino manages the finances, maybe it makes sense because this operation is entirely the casino running while they only pay the license to the provider about the percentage deal they will get, so I think the casino has the right to manage its customers' money.

Because it will be too complicated if the provider manages the finances, what about when the casino will organize a contest with a large enough prize does it have to be approved by the provider? I don't think that's possible.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: Aanuoluwatofunmi on January 11, 2024, 04:33:53 PM
Most of the games in online casinos come from third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc. When playing at any casino, we will use their services. Perhaps only the house edge games are fully owned and powered by the casino

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?

I think it's the casinos from my own point of view, they are the ones responsible for every other activities we see concerning the gambling platform, other things that transpired between them and their game providers are not open to us publicly, which I expected them to on their own make the commitment to engage every other services they requested to make provisions for them and negotiated their pay while everything that comes in to the casino belongs the the owners after which they might have settled other sources under them.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: BABY SHOES on January 11, 2024, 05:06:51 PM
Usually, the casino itself manages the finances after which they pay the game provider for the existing agreement including the license they get.

So most casinos are responsible for everything including withdrawals and deposits but I don't know how casinos deal with third parties as game providers maybe there are some but we never know.

This is just my own assumption, because behind all that we never know who manages the money, all we know is the casino.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: dothebeats on January 11, 2024, 06:13:16 PM
These casinos will have a contract with their game providers and that's the only thing that the casinos will be honoring with the agreement. I don't know the structure of these contracts exactly, but it is possible that the casinos are sharing a portion of their profits to the game providers by only a small percentage. All in all, the bulk of the money goes directly to the casino because not only are they getting the profits from the games, but also from other transactions like withdrawals as well.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: Churchillvv on January 11, 2024, 08:51:46 PM
So who actually manages finances? is it the casino itself or the game provider?
Even without knowing too much about casino management, it's obvious that casinos are the ones who manage the finances. For instance, if you own a business and I own a business too, but your business provides my own business with its own resources that keep it going, fortunately or unfortunately, people get harmed or succeed from my business that leans on your own business for survival. It's never going to be your business that receives praise or threats, but yours can be one of the beneficiaries of the success of my business. So it is with casinos and game providers: casinos get everything to themselves, and game providers only get benefits or shares from casinos based on agreements.

Does the casino only get a commission from the game provider or buy the game license from the game provider?
This is either going to be the reverse is the case. but I can't really tell because I'm not in the system.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: darkangel11 on January 11, 2024, 09:09:30 PM
Other people say the casino manages the finances, maybe it makes sense because this operation is entirely the casino running while they only pay the license to the provider about the percentage deal they will get, so I think the casino has the right to manage its customers' money.

Because it will be too complicated if the provider manages the finances, what about when the casino will organize a contest with a large enough prize does it have to be approved by the provider? I don't think that's possible.

It's always the casino. Game providers offer their games to dozens of casinos that serve tenths of thousands of players. They would need a lot of money in the bank and a very large support center just to handle customer service. Also, if they were to pay winners, they'd also have to do all the KYC and licensing. There would be no need for the casino to apply for licenses if they only did advertising and server management and everything else was done by the company who made the games.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: topbitcoin on January 11, 2024, 09:14:44 PM
With various contracts and agreements between casino owners and game providers, in my opinion the one who manages the gambler's finances and winnings is the casino owner. Because the casino can order from the game provider, how many winnings will be given to its customers and how much profit the casino will take. Including small wins, medium wins to big wins that will be achieved by the end. But regarding who will get the win, that is beyond the casino's ability. because the game provider will decide it. So to be able to get a big win in this type of gambling game, luck is the factor that will determine it. And hopefully, we will be one of the people lucky enough to get this win, remembering that I also often play slot gambling.  ;D ;D ;D

This is just an opinion from my personal reasoning and from some of the information I got, which may or may not be true. Because those who really know about this are of course the casinos and game providers who really know the truth.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: panganib999 on January 11, 2024, 09:24:44 PM
Most of the games in online casinos come from third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc. When playing at any casino, we will use their services. Perhaps only the house edge games are fully owned and powered by the casino

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?
For the most part the casino/the house is the one that handles all the money that comes in from their games regardless if the technology/the entire game is outsourced or an in-house project. If it were outsourced, they will most likely sign a contract discussing how much they would pay the provider or how much they will buy the title from the provider if it was available for sale, and from there a deal could be made where the provider gets their continuous upstream of money, and the casino benefits from getting money that is generated by the patrons who play these games they outsourced.

This is the case for the most part, and I have rarely heard of game providers providing the casino part of the equation themselves, AFAIK there is no casino sourced by Pragmatic Play or whatever game provider there is on the market right now. It's just way easier for them to provide the game to these casinos and let the house handle the business and marketing side of the aspect while they work on the backend.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: Sandra_hakeem on January 11, 2024, 09:40:43 PM
So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?
It's fully managed by the game providers and commissions are paid once every return is made.. Since it's automated, they don't even have to wait for commissions to be paid at a certain period of time.. it calculates, audit and separately pays out commissions to the casinos without any hesitation.. it all depends on the game provider...

do you really think winnings are paid by the casino itself? no! Everything is being manipulated and sent down by the game providers.... An exception would be for casinos that are independent...

Sandra 🧑‍🦰


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: Fatunad on January 11, 2024, 09:59:57 PM
Most of the games in online casinos come from third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc. When playing at any casino, we will use their services. Perhaps only the house edge games are fully owned and powered by the casino

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?
For the most part the casino/the house is the one that handles all the money that comes in from their games regardless if the technology/the entire game is outsourced or an in-house project. If it were outsourced, they will most likely sign a contract discussing how much they would pay the provider or how much they will buy the title from the provider if it was available for sale, and from there a deal could be made where the provider gets their continuous upstream of money, and the casino benefits from getting money that is generated by the patrons who play these games they outsourced.

This is the case for the most part, and I have rarely heard of game providers providing the casino part of the equation themselves, AFAIK there is no casino sourced by Pragmatic Play or whatever game provider there is on the market right now. It's just way easier for them to provide the game to these casinos and let the house handle the business and marketing side of the aspect while they work on the backend.
They are the ones who would really be paid out as for 3rd party then they might be getting some commission i guess.I have read up some comments that when it comes to progressive jackpots then
 those providers would really be the ones who would be paying up but if not then the casino itself would really be the ones to pay. Dont know on whats the real setup on this one
considering in between house and its provider then share up would really be just that common or any fee or agreement on which it is really just that typical for this business.

What matter the most on here or the important thing on here is that those winners should be get paid.Doesnt matter on which one of them as long they would be able to release
those funds without any strings attached and this is something what matter the most. It isnt really that something that much of a concern as long they would release those winnings.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: Ultegra134 on January 11, 2024, 10:07:46 PM
Usually, the casino itself manages the finances after which they pay the game provider for the existing agreement including the license they get.

So most casinos are responsible for everything including withdrawals and deposits but I don't know how casinos deal with third parties as game providers maybe there are some but we never know.

This is just my own assumption, because behind all that we never know who manages the money, all we know is the casino.
Well, it's what makes sense. Just because the games are sourced and developed by a third party doesn't mean that they're also managing finances; that doesn't make much sense, does it? Game providers receive a commission from each game. I'm unsure how much that is; it's probably a tiny percentage, but it quickly adds up from all the games and all the different casinos. It's no different than any other service that works on commission.

I'm unsure if house-edge and commission from the games to the providers are different, but according to Investopedia, house-edge represents the average gross profit the casino is expecting to make from each game.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: Accardo on January 11, 2024, 10:14:55 PM
Most of the games in online casinos come from third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc. When playing at any casino, we will use their services. Perhaps only the house edge games are fully owned and powered by the casino

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?
For the most part the casino/the house is the one that handles all the money that comes in from their games regardless if the technology/the entire game is outsourced or an in-house project. If it were outsourced, they will most likely sign a contract discussing how much they would pay the provider or how much they will buy the title from the provider if it was available for sale, and from there a deal could be made where the provider gets their continuous upstream of money, and the casino benefits from getting money that is generated by the patrons who play these games they outsourced.

This is the case for the most part, and I have rarely heard of game providers providing the casino part of the equation themselves, AFAIK there is no casino sourced by Pragmatic Play or whatever game provider there is on the market right now. It's just way easier for them to provide the game to these casinos and let the house handle the business and marketing side of the aspect while they work on the backend.

The game provider focuses on the backend, like a service provider to the casino. Casino controls everything about running the business, which also include game providers, license, employees, website designers etc. These professionals help provide the enticing online environment we enjoy. Added with the fact that they almost work together to provide quality. Gaming providers are different entities just like the programmers, and license company. Would one say that they also hold the finance of a casino. It's mainly about deals and contracts. Opening an online casino cost lot of money. And none of the professionals would pay or provider money to finance the casino. Instead the casino is obligated to finance the game providers. Which means they don't have a close relationship with the finance of a casino. The boss gets all the money and distributes according to the signed contract.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: Onyeeze on January 11, 2024, 10:26:25 PM
Most of the games in online casinos come from third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc. When playing at any casino, we will use their services. Perhaps only the house edge games are fully owned and powered by the casino

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?
Any casino games have their own source of game and I believe that the money will go directly to casino because all those their provider will be settled by the casino platform, what you just air out I don't that any person have asked such questions and I believe that casino game is being own by someone and they do channels all their funds to a particular area, so some make their own emphasise that it's being managed by the provider and commission comes once, so all this our discussion I think that it's something that suppose to have evidence so that we will know the truth, I only made own suggestions through assumptions because I have no concrete facts about them


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: ryzaadit on January 11, 2024, 10:31:06 PM
IMO, the money is still fully powered by casinos. They only connected with some systems that just reduced and added user balance on their end by provider system, should be easy right:
- Scanned Balance.
- Reduce and Add balance depends on the result games.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: Findingnemo on January 11, 2024, 10:39:38 PM
third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc.

This part is the answer to your question.

Game providers supposedly manage the games, results, odds, and whatever related to the games that require their assistance but finance is not their part, and it's solely managed by the casino. Well, everything is automated and supervised by the casino staff and only a few have access to the crypto wallets in crypto gambling sites like most trusted staff whose job is only to handle the payouts/withdrawals.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: Darker45 on January 12, 2024, 12:34:44 AM
~snip~

Its still the casino who manages their assets and the providers only get percentage as their share which I think its still the casino who owns their profit.

No wonder game providers still are involve in resoling issues especially when theres cheat exploited by players otherwise there is no point giving commisions to them.

Issues vary. If the issues are related to the casinos, then they're for the casinos to handle. But if the issues are related to the games, then they're for the providers to handle.

Cheating is broad. Specific cheating issues could either fall under casino management or game providers. Cheating which involves multi-accounts, for example, is for the management to settle. Cheating which involves the game itself is for the game providers to settle.

The point in revenue sharing is that the casino uses and earns from the games developed by the providers. Of course, the providers are also the ones who monitor and maintain them.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: alegotardo on January 12, 2024, 01:22:18 AM
Most of the games in online casinos come from third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc. When playing at any casino, we will use their services. Perhaps only the house edge games are fully owned and powered by the casino

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?

I'm not sure, but I believe that the casino is the one who manages all the inflow and outflow of money, after all, user deposits are made in the casino's wallets, right?

What game providers should do is periodically "issue a charge" to the casinos demanding their share of the profits... obviously, with each player's "play", the game provider immediately knows what the amount was bet and what the amount was eventually paid to the player, then they just need to calculate their part of the commission and ask the casino to make the payment.

For newer casinos, this may be different, I believe that owners of casinos without reputation even need to make payments in advance or provide some reliable collateral.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: Fundamentals Of on January 12, 2024, 01:28:54 AM
Money is managed of course by the casino. The casino's finances are a part of its internal operation. Game providers are not part of it. They're just providing certain games. And they will of course receive regular payments for it. But game providers don't run the casinos.

The casino has the prerogative to add additional game providers, to replace some, or even to stop dealing with certain providers if they are not pleased with them.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: famososMuertos on January 12, 2024, 02:10:47 AM
I think similar to basic question that must be in the FAQ, which everyone knows, but you still put it there.

Well, it is like outsourcing, everyone seeks to reduce obligations and dedicate themselves to their own thing.

Casinos pay, collect, market, and take "care" of players.

Although you see casinos with original games, the reality is that the trend is in games like Dice, Plinko or very classic games, but you can still manage a casino just by paying commissions, it happens a lot in poker, sometimes it is joining a network and that's it, they are called Skin.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: SeaCoinCollector. on January 12, 2024, 05:51:54 AM
The financial aspects of the online casino industry involve a collaboration between the casino and the game providers. Game providers, such as Pragmatic Play, Pgsoft, Play'N Go, etc., develop and supply the games to the casinos. There are different ways to pay for games, but the casino usually buys a license from the provider or makes a deal to share the profits.

The casino may pay the game provider a fee or commission for letting them use their games on the app. With this deal, the casino can give a wide range of games without making them themselves. It is up to the casino to keep track of the money, including player bets, wins, and losses. Their job is to handle the money and pay out players based on how the games developed by third parties turned out.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: maydna on January 12, 2024, 04:36:07 PM
The casinos manage the money because that's the business they created, and they make a lot of money from losing gamblers. There may be some royalty paid to slot or other game providers every month or year. We don't know how it is calculated because we don't own the casino. But perhaps the casino buys a license from the slot provider so that the casino always gets updates in the form of the latest games from the slot provider. If you want to know the real answer, you should contact every casino you know so you will get it. But I don't think they will answer because it is their secret (perhaps).


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: Johnyz on January 12, 2024, 04:42:36 PM
So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?
Technically the casino itself as they are the main investors and they just hire the third party services for a commission basis or depends on their contract. The purpose of the game provider is to give access for the games and not to fund the whole casino itself, they are doing business in return of their game service. Not sure though if all the casinos have the same agreement, but as far as i know the casinos are the main manager.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: 348Judah on January 12, 2024, 04:43:34 PM
Money is managed of course by the casino. The casino's finances are a part of its internal operation. Game providers are not part of it. They're just providing certain games. And they will of course receive regular payments for it. But game providers don't run the casinos.

The casino has the prerogative to add additional game providers, to replace some, or even to stop dealing with certain providers if they are not pleased with them.

Exactly, the casinos should be the ones fully responsible for every financial monetary management, they choose which and what to use, they make decisions on the kind of games service providers to use, pay them and manage the cost of running the casino to how much they are likely to make, knowing that the part of having a casino establishment is to make profit a d many have made this as their own source of making money, you can't have a casino and expect the employees working under you manage your financial resource, you will run on loss, there's no doubt as you've said, the casinos are in charge fully.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: Webetcoins on January 12, 2024, 05:03:24 PM
So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?
There would be an agreement between the casino and the game providers. The agreement will be that they will pay the game providers certain amount of money for providing them games that their customers will gamble with, but the casino itself will manage the finances and not the game provider. The game provider will manage only the money the casino paid them and that has nothing to do with the casino customers money that the casinos are the ones that will manage it.
On a few local casinos that I play, there is that " transfer to main wallet " button which collects the money from the provider wallet to the casinos main wallet. And then one time my balance disappeared and I contact the support, they say the issue is on the gaming provider.

I think this means the provider can also manage the money? On a few forum posts other than this thread here, there's also an evidence that supports my theory. I know many will still not believe it but they believe more on what is commonly known, which is the provider is only being paid for the games that they offer to the casino. There is no problem with that anyway :D.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: GiftedMAN on January 12, 2024, 06:50:33 PM
Most of the games in online casinos come from third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc. When playing at any casino, we will use their services. Perhaps only the house edge games are fully owned and powered by the casino

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?
Since I don't have idea about how things works between game providers and casinos that install the games on their website for users to bet on and either make profits or loses. Game provide are wonky available when players play the games on casino and without that, there games would be useless to the casino because they would not be making profit from themselves. The casinos are the bigger players here and they would be the ones to give percentage to game providers depending on how much profits is made and how frequently players play the games. This would be on majorly percentage basis for the game providers.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: Hirose UK on January 13, 2024, 02:59:32 AM
~snip~
If you want to know the real answer, you should contact every casino you know so you will get it. But I don't think they will answer because it is their secret (perhaps).
Hahaha, that true and indeed, when you want to know many things related to how management works, what you have to do directly is to ask the casino team and they can clearly provide accurate answers.
But maybe the casino team won't be able to tell you how the management works for each game or bet they have because it not too important to ask.
So far, all casinos must have team in the support department who is available 1x24 hours day to answer, resolve and also help with what all customers are experiencing or requesting.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: |MINER| on January 13, 2024, 04:34:16 AM
It is kind a typical thing for every different casino. Generally game provider only provides and handle the games script they maintain just the win and lost of most of the casinos. And the money fullly manage by the casinos. It may different from some of casinnos. But most of the case you will able to seen that the scenario on the casinos.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: maydna on January 13, 2024, 05:54:25 PM
~snip~
Hahaha, that true and indeed, when you want to know many things related to how management works, what you have to do directly is to ask the casino team and they can clearly provide accurate answers.
But maybe the casino team won't be able to tell you how the management works for each game or bet they have because it not too important to ask.
So far, all casinos must have team in the support department who is available 1x24 hours day to answer, resolve and also help with what all customers are experiencing or requesting.
But we have to realize that there is a possibility that the support service team does not want to provide more detailed information or explanations, so we can only guess. Unless we can find a support service team that really understands the things we ask so that they can give us satisfactory answers. And the most likely answer we will get is that they will answer that it is our company secret, which I also don't know in detail. Perhaps you can send an email to other support teams on the contact page. We might be able to contact the slot provider and ask about it, and we can say that we are building a casino and want to work with the slot provider. They will definitely provide a detailed explanation about it so that we can understand it.


Title: Re: Who is the money manager? is it a casino or game provider?
Post by: Accardo on January 13, 2024, 06:27:08 PM
So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?
Technically the casino itself as they are the main investors and they just hire the third party services for a commission basis or depends on their contract. The purpose of the game provider is to give access for the games and not to fund the whole casino itself, they are doing business in return of their game service. Not sure though if all the casinos have the same agreement, but as far as i know the casinos are the main manager.

I don't think casinos have different agreement with the gaming provider, what you said is happening behind the scenes. Although we may not say accurately how it happens or the way casino configure the gaming software in their favor. Because looking at the house edge the casino has control over the results we get from the games. While the gaming provider gives access to the game, does it mean the casino also has the right to change some commands on the software. That, I may not explain, but it's safe to say, yes. As the provider only offers a service and casino need to maximize profits. Other thing that confuses me is the provably fair feature, the casino guarantees players that nobody interferes with the outcome of the game. Hence, it's another view of idea, which means the casino could contact the gaming provider to configure the games in their favor, while the casino wouldn't bother changing a thing in the software to keep to their provably fair promise.