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How many of you have dreamed about having your casino? Be the house and play the always-win game.

In the past years it was different, people who could build a provably fair engine were able to have their own casino, but now we are playing with new rules, the casinos must have a license and games providers, and that's what people are looking for, and i don't say is something bad, the gambling experience on stake compared with the gambling experience on satoshi bones is enormous.

But getting back into the topic, i would like to read some nice histories from the community, those who only dream about their own casino, and those who make their dreams come true.

A sort of dreaming to have running casino registered under my name since imagine that you could potentially earn a lot of money for running a global business like this. But when waking up on reality I say I don't have enough money to launch the whole operation sin e it cause a lot of money to make a casino successful. Since if we just create a casino without doing anything for sure those gamblers would provably go with other casino which can give them better offers and launch a lot of marketing.

But this is really a nice idea and would love to read others opinion or story regarding on this topic since for sure majority of gamblers would love to have their own casino since its hard for them to get defeated always that's why they want to be their own house and earn a lot of money from the gamblers play and get entertained on their casino.

But also I believe this topic belongs to gambling discussion section so maybe best to move there and talk about such topic that nice.to discuss.

Back in 2018-19, I guess many of us have dreamt of owning a casino. At that time this casino business was at boom and many new casinos were continuously being launched. Many casinos also offered to invest in their bankroll and get a share from the profits. But owning a casino and organising it was really a tough task. Many didn’t know how to build a casino where in some casinos the bankroll wasn’t sufficient. So yes for these reasons many people along with me, stopped this idea of creating our own casino. Reading this post, made me feel nostalgic.

Its difficult because you need to have a solid bankroll to start with and an exeptional reach.

First you need to buy a solution + license  and that costs +150k. You need to pay monthly fees to the providers and a revenue share with them.

You need to pay big money to a celeb or some big streamers, and they only want to go with you - of you can pay them more than they already get. Thats kinda impossible.

You need players from day 1 to survive in the competition or Else your bankroll will be eaten up by fees and monthly expenses.

Today new casinos opens daily but there is always the doubled who stops operation. 1 opens, 2 closes. We are sadly 3-5 years to late. Unless you get an exeptional idea that can make your casino unique. I just brainstorm but an idea could be to invite one of the streamers to get a share of the company instead of just being an affiliate. That could maybe open some Doors to a big audience quite fast.

Owning casino is profitable business and can make the casino owner successful entrepreneur if the casino can really develop to become large casino with very many customers.
Regarding the desire to become casino owner, I am sure that almost everyone here wants to have casino business, it just that to be able to own one you need very large budget and also extensive experience in the gambling industry because the casino owner will also influence the development of the business.

I think anyone who has casino business will definitely not be that interested in games or betting in it because they can make profits more easily from this business.
If they want to win and have fun then gambling is no longer the right choice because they will look for other pleasures that can really give them more satisfaction.

That why I say that casino owners will influence the development of the casino itself because experience and networks in the gambling industry are very much needed.
So far, lots of new casinos have emerged but they failed to survive and develop so in the end they just went bankrupt.

I was fortunate enough to find a dev and have my own casino back when moneypot was running.

We no longer have an option like that where everyone was using a community bankroll from investors so to speak. Now you have to put a decent chunk of money into having your own site in order to have the ability to attract medium/large gamblers.

You can make a site and start with a micro bankroll but who wants to play where a max won is 100$ or something like that?

At one point in my time in my gambling venture when I was just starting to play online casinos, I dreamt of having my own casino, and why not, there's a lot of money to be made from operating a casino it's easy money for a casino operator but after reading the cost and the knowledge you need to run a casino I discard this idea, the cost alone is staggering you need at least $200k to run a competitive casino, I don't want a cheap script because I've seen the competition in the gambling industry the big ones just eating the small ones until the small ones just fold up because they can not keep up.

You need a big sum of money, assemble a team to manage the platform, and the hardest part is the knowledge of the ins and outs of casino operation, if you're just a player you cannot grasp all this knowledge alone.

I have not yet surrendered my dream of running a casino I just don't want to make so many casinos made, maybe I can start with being a team that knows how to run a casino and be an apprentice in the management it will take some time to learn the ropes of running a casino but if I am patient enough maybe I can reach the level where I can say I can take a shot in running a casino.



 

    -  Having my own casino is no joke, and I also never dreamed of having a business like that in real life. I would rather be the one to learn how to gamble than my casino business, which will be built to ruin their lives because of gambling.

We know that gambling, when it is not used correctly, drives a person to become addicted to gambling, which is not good for me. If it's okay with other casino owners, it's not okay with me. Even if we say that it's the gambler's choice, the casino still became an instrument, and that's why it happened.

Well sure, but I'd take my hands off with managing its marketing activities and whatnot though. It is rather easy to set up a crypto casino afaik nowadays though since gaming licenses are rather easy to get and gaming providers are dime a dozen out there. I'm pretty confident as well with starting out the website by myself as well. The only problem left really is bankroll, which is really hard to set up and obtain in my case. Maybe a few years down the line if it's still relevant I might try and give it a go. Probably not worth the effort by then though tbf.

I have always wanted to be the casino owner and feel like Eddie, Stunna or Trump for a change. Something like that Vegas Mafia riding a lambo with a black suit and girls. ;D

But we can still relieve it in a part as an casino bankroll investor. A discreet method to be a partial owner of a well-reputed casino with no headaches regarding the technical side of setting up a casino. You set it up and I will fund it.

Currently I am investing in at least two of such casinos, it was more advertised in the older casinos, recent ones dont take interest in it. :(

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Dont forget that the only long term winners in casino are the casino owners/investors and affiliate marketers, not the players.

But are you also dreaming about your own casino? Before you create a thread like this then means you have ambition of getting a casino site or planning to affiliate with other and that is why you are asking others to join the industry. And one thing I know is that for you to have a casino company, you have to be a gambler because at that you might at the danger, the cheating methods, and all the tricks of gamblers. But those who are not gamblers can also have a casino site but the knowledge will not be as the other person.

For you to own a company at least you have to know the details of the things to the in-depth. If you think that because people are making profit from the business so you decided to join without knowledgeable about casino, you won't survive. And some people are not good in business even though they are good in gambling. So they will at the side of always win games.

I used to dream of building my own casino but as soon as I realized it would make a lot of money, I didn't go through with it. I don't have much money and even though it is a crypto casino, it still requires a lot of money.

We must realize that having a lot of money is a must in starting a business. Even though we can start with sufficient capital, it will never be enough because if we grow the business, we need additional capital. That is why only people with a lot of money can build casinos. They continue to try to grow it until now and this is proven by several old casinos that can still operate today.

And lucky those who can find investors willing to give them large capital to build their casino. They can also build the casino together with these investors.

if you count owning a share to a casino that shares revenue, i guess i own one.  ;D

planning to own a casino this 2023 might just be the most ambitous anyone can do but also a good decision while crypto is booming. this will of course be a life changing plan as you will have to be very devoted to promote the casino. promoting a casino seem a tight job that requires a ton of hours every day. the competition of casinos online is very harsh so one decides to own one be dedicated.

There are many other business in the world. I have dream to have a business but casino or any other gambling site like bookies has never been on my mind. Although it is lucrative to have casino business or if you have a gambling site because you will always make money from people as they will continue to lose more than win. To start and maintain a casino is not that easy too, you need money for it.

If you are planning to have your own gambling business, please know that it requires a lot of money and it needs a well defined business plan, careful planning and industry expertise because this is not a normal type of business. you need to secure a funding (scout for investors) in this business and there's a lot of legal process before you build it. Casino business is considered as the most profitable but casino business can be a complex and challenging endeavor so it is crucial to carefully consider the various requirements and factors involved.

A dream to have my own casino is something unrealistic because of some reasons. It requires a lot of money to start which something that I may not have it unless there will be a big luck for me to earn huge amount of money. Other reason is because I live in a country where gambling is considered as an illegal activity or a crime, so it will be very dangerous for me to own my own casino no matter online or offline. If I have the chance to have my own casino, maybe I need to go to other location in this world where it is friendly enough for casino owner.

I don't understand, you want to own a casino only to gamble there yourself? But what would be the point of doing it, since any money you win is already your money as it comes from the casino and any money you lose will be yours again as it goes to the casino. You would also have to account for taxes which would make this a bad deal in the long run. However, doesn't this take out all the fun from gambling as there is no real upside and you could also be gambling with play money as it wouldn't affect your financial situation. Owning a casino sounds like a lot of fun, but there must be a lot of work behind it and with so many casinos around these days the success is not guaranteed. After watching all the Oceans movies with George Clooney as a kid I also dreamed of owning my own casino one day. It would be so cool to walk around the gambling for and engaging with all the high rollers while drinking champagne. Unfortunately, this seems much more glamourous in the movies than the job would be in real life.  Another issue is that you need a lot of money to run a casino, because there could always be a winning streak for a gambler that would lead to large outflows.

In the past I dreamt about it, because it is clear to me that if you want to make money in the casino, the best thing you can do is to be the owner of the casino. It's not just about putting in the money, you have to be able to attract customers, manage bankroll, staff, and even then it can go wrong and you have to close down.

What I did in the past was to invest in casino banrkolls, and it went well, but nowadays I don't even care and I don't even know if the option still exists because I don't want to give up my private keys for extra profitability.

I don't rule it out in the future, but today it requires a lot of money, and to comply with more regulations, as has been mentioned.

Dreamed about having your own casino? Yes, as a gambler, particularly in online casinos, I dreamed of having my own online casino. First, because I like gambling, I like the different games that are fun to play. But as I said,  I don't often go to physical casinos, and I'm not a fan of crowded places. Second, I want to have my own because you can learn a lot, but it depends on how I manage the casino.




Why did I stop dreaming about that? Because for me, it is impossible for me to build such a thing, yes, I can make a website, programme games, and build my online casino, website, or application. But the thing is, it's not that easy. Others are right; you have things to consider before you can build your own—financial, capital, management, etc.—and I only know about programming, so I stop dreaming, and eventually I realise that it's just a dream. At my age, I just want to play an online casino.

As my knowledge and experience in gambling expanded, I have sometimes thought about having my own casino, but I have not tried it or taken steps to achieve it because I know I am not in a position in my current status to fulfill this. We all know that it's a business and it requires a significant investment. But, of course, we should be aware of the things that need to be considered, and it's not easy to do. It's nice to hear and dream about, but there is competition in the industry. It could succeed, or it might not. For me, the most important thing is that you truly know what you're doing, and you can't start a business without being interested or having a passion for this niche.

I plan this before but not global scale but rather just on my local community. We have a vacant house which we typically use to gamble with my friends u til it became popular gambling spot in the neighborhood. I plan to expand my house into a mini casino but later I stop due to the possible legal charges since my place is already exposed to the authorities due to popularity.

Although I dream about owning a casino especially online. I don’t have any skills or money to materialize this dream so I stop thinking about this long time ago and just play as regular client.

Paying tax should not be a problem. Those casinos that have license have a way of paying tax and they continue to grow, having more customers and making more money.

If possible you can give it a try, you should.

You can not compare yourself as gambler to having a gambling site. If you are a gambler, you are more likely to lose. If you have a gambling site, online or land based, you will make money, not lose.

If someone has big aspirations, they usually start from the bottom and consider working at a casino first while learning about how a casino operates and what it takes to keep it running smoothly. We all know that casinos are highly profitable and attract a lot of users. I also believe that behind the casino's big name, there are complex factors influencing its development. To understand these factors, one must work there first, even if it's just for a little while.

This is somewhat like building a business, where someone who knows everything from the ground up has a higher chance of success when they're ready to take on higher positions, even to become the owner of the company. The process is certainly long, but the results are long term as well.

As for myself, I've never thought about owning a casino, perhaps because my daily responsibilities divert my attention from such endeavors.

It's actually quite hard to establish a casino these days and comes with all sorts of challenges, the main one being security. When you are effectively working in an arena (crypto) that allows criminals to steal money outside of the traditional banking system and potentially launder it in many different ways, then you have to be ultra careful about how you are storing that currency. You are also likely to be targeted by people who will try to extort money from you, in return for not DDOS attacking your website which could effectively run you out of business, so you have to pay for adequate defences against that. Then you can guarantee that pretty much every customer will eventually become disgruntled because you've taken money from them, just an all round headache really.

It costs hands and legs to fund a casino and start running the business, even those who are capable still have to get extra funding from their known source just to start the business, we all have the dream but man it costs a lot to get this up and running, all you have to do is make sure you get licensed in the country you want to start the business, even if its on debt I am sure that you will settle all that debt in a short period of time.

This is the type of business that have less risk, money will come from the loads of people coming into your casino, just find a way to attract them, do small giveaways and that's it, only casinos that are not well managed go bankrupt or maybe the founder was full of debt and they still go and use more debt to start a business, though I recommend having some experience about casinos before starting the business.

If I have the money it doesn't mean I have the green button to start the business, you need to learn so I will prefer to work with some casinos for a while to at least know what they do and how they do it, this will give me ideas and the better things I can add to my own casino so that I can attract many people, this is not something you can dream about today and start the business next week, it takes time to plan it and also think carefully before launching.

This is a good business that's sure to bring big gains in a short period of time but you need the resources and funds, I mean the big funds.

There's no harm in dreaming of owning a casino, that's every gambler's dream but with all the work, the cost, and the knowledge to know I can't figure out how can I do it, I don't even have $20k the minimum to run a licensed casino

Times have changed the competition is very high, and millionaires, big organizations and groups are your competitors, It is hard to come out with a casino that can compete with the big names, but we never know maybe I will meet an executive of one big casino and invited me to get in.


We can only come out with casino review sites and do affiliates but we never know if there is one here who is part of the casino, not those who already own casinos
but who started as a gambler?

No, I never dreamed of owning a casino. I think casinos need a lot of capital for bankrolls, promotions and site development. Getting permits for casinos is also expensive. I think instead of dreaming of having my own casino, it's better to invest in casinos like buying casino shares or invest in bankroll, I see casinos like moneypot allow us to invest in bankroll

Apart from that, since the Covid-19 pandemic, casinos have developed very rapidly so that currently online casino competition is very tight.

You are pertaining on a full casino which is a huge scale business but you can start your own by availing only those generic casino template that offers only house game. Having your own casino is different goal on having a competitive casino since that really will require tons of money for marketing just to match to big brand competitors.

But if I will have a chance to open my own casino. I will just launch a decentralized casino with few game on it like blackjack and mines. I will not aim to become a top brand but just to have fun even with small amount of players that trust my product.

Scrolling on Codecanyon a script marketplace I thought your $2000 was just enough to set up one because there are scripts there that sell for $200 or less until I did some research where some articles detail the cost of setting up a casino and a competitive casino and good casino cost anywhere from $30k to $200k many gamblers can manage the cost but its different when it comes to operations and marketing because it's a 24/7 operations.

You need the right people and these right people should be compensated you need a huge budget for marketing for the continuous flow of players because players jump from one casino to another and your ROI will take time depending on the trust of players.

Yes, the Casino industry is a multi-billion-dollar industry and competition is so high that big casinos getting the preferable choice while new casinos need to create awareness and this will cost a lot of money.

I always say to my friend who is a big gambling addict, why would he spend a lot of money just to gamble looking to win big money when he could just build his own casino with the money he has spent gambling for several years, we know that having a casino will get fixed profits are different if you play as a gambler, it will be difficult to get a steady income.

I think everyone definitely wants to have a casino where we as gamblers can also play in our own casino so that losing will never be a problem as long as we gamble in our own casino because of course the profits will continue to enter our account every day, but the hardest thing is Not only the license, there are many things that are needed regarding security and marketing, of course it takes a lot of money to pay for both so that the casino site can run.  ;)

I had a dream of owning my own casino but I left the idea after I learned more about it. First of all it is a serious business and you will have to pay taxes and the gov guys don’t really like gamblers/casino owners. They will automatically label you a money launderer by default. That’s incredibly stressful right from the start. Then you will have to deal with hackers, cheaters and all kinds of bad people. You’ll have to patch your website up very often and if you can’t do that, you’ll have to hire someone for the job and then you’ll have to trust that guy too because he can also rob you anytime. At that point I realized having a physical store and selling random physical crap on the street or doing freelancer work is a way better idea than owning an online casino. Owning a casino requires you to trust many people and people are often scammers. If you still want to chase your dream, at least learn to code before you start.

How I wish to become the house who can earn an unlimited profit once you established a good site.
We are on a different era now and this is the result of pursuing the regulations, now those crypto casinos have to get license and be regulated so they can attract more gamblers. I haven't seen a decentralized crypto gambling site able to hit the top over the regulated casinos, probably the decentralized thing in crypto is slowly fading away as the government starting to regulate this market.

1. You need to have consistent amounts of money to invest.
2. You really need to know a lot about this business.
3. You need to surround yourself with experienced people who can help you lead the business.

Overall, there are many variables and it's not as easy as it looks to make money out of this. If that'd be the case, we wouldn't see so many online casinos shutting down, some of them after only a few months.

If the first three criteria are met and you can handle many sleepless nights, then give it a shot!

Agree, I remember back in around 2017, one of the well known bitcointalk member from our local community runs a casino and offered on our local board a chance for the community to invest and create a casino funded by our local members. As nice as it is, unfortunately, it did not happen as there's only a number of members have enough funds to invest on it. It was quite exhilarating at the time as it great idea and it will be funded by bitcointalk local members. If only it did happen, I wonder if that happened how will that gambling platform be performing now.

Owning a casino isn't for everyone. While it guarantees that you'll have the house edge and win against gamblers, the biggest challenge is the competition. There are already large casinos offering similar or even more services. In this time, the competition is about the reputation of a gambling site because most gamblers prefer sites that are financially stable and have a good reputation.

Getting permits and licensing for your casino can be done with enough capital, but the real challenge is whether you can survive the intense competition in the market.

Personal experience eh (lol), i guess you ever run or at least working on a gambling business.
It remind me of my ex-boss, he only slept 2-3 hours max a day for years.

Back to the topic, I have ever dreamt to have a casino, but it happened before I knew how it works from the inside. I gave up on that after several years working in the gambling industry, and Im very agree with TOP69CryptoCasinos wrote above.

The casino business is not a business that I have never imagined myself to be involved with, but It can be a very lucrative business. Just like every other business that looks very Lucrative from the outside, there are personal business details that have personalized to make their business profitable, there are also challenges that they have tackled to be able to be successful in this business. To run the casino business successfully, you have to identify some of these problems and be able to have solutions for them before the come.

We are all allowed to have our dreams, It's beautiful to have a dream for yourself for it's what gives you a purpose in life but it's not just about having a dream but pursuing the dream to achieving it and for this to happen you've got to slide in alot of work and talent.

However, focusing on the topic on owning a casino  it is without doubt that you stand a 100% chance of making profit as an owner with all the advantages mostly on the house compared to the gambler that's without a hedge but depending only on lucky to have a meager or lump win.  Still we shouldn't forget that a casino is similar to any other business and if you're lacking in business management techniques and ideas to withstand the competitive casino business environment you would be forced to get your business closed down. So owning a casino and having it on course and stand-out isn't as easy as some of us may think by only looking at the hedge the house has as an advantage.

Is not a dream anymore for me, i have been running my engine and working in the code for some years now. But is not public yet... but i have some plans with it. More than running the casino I want to sell copies of it in the future, and not looking to affiliate with other members, if the business goes fine, maybe i will hire some people for the team. But is a project for the future, still need to work on the frontend to have a nice demo version to show to the possible customers.

But i remember in 2015 when the dream started, i didn't know JS at that time, but was a must to code the thing, so, i took some online lessons and with a team started coding it. And made a solid base take us 2 years. Sadly the engine had a lot of bugs and the team decided to quit the project. And after that, i took the code and started fixing the bugs one by one, and after a list of a lot of solved bugs it's running great now. I talked with the other two devs but they are not interested in the project and told me to do whatever i want with it. So, i have some plans for it.

I don't have such a dream at all and for someone who loves gambling doesn't necessarily mean they have to be on the other side and see how things work cause its not a business that everyone can start, to start a decent casino with all the license and everything the user need a capital of 100K and a lot more to reward the winners.

So all my dream is to just hit the jackpot someday and that's it.

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I don't mean to discourage you but all you have is the working site which is important but you need capital to get the license, bankroll to pay the winners and security for the wallet, and staff to maintain the system works smoothly which means you just crossed the first step and still a lot more to reach.

Paying taxes is least of my concern. Our government is corrupt as hell which getting a license is very hard to accomplish for a small business casino. Only huge scale casino that pays huge under the table fees typically can get license to operate here in my country so small casino like ours have no chance to become legal.

You can add the cops that charge more under the table payment for protection which is really a pain in the ass. We witness other small operators in our neighborhood that suffer a lot on legal charges after they didn’t pay those shit fees. This is really an impossible business in my country unless I will ho huge scale.

Who doesn't dream of having a business that earns them a lot of money? Gambling is a great business and it earns the owners a lot of revenue but it is not that easy to build a casino and start a gambling business because it requires a lot of investment nowadays. You need to get the platform developed, buy games from game providers, hire marketing experts, hire customer service representatives, hire management staff, and a lot of other things that are required to be done.

Even if one manages to do all that, it is not very easy to get your casino to become the favorite of gamblers within the community, you will need to spend a lot of money on marketing and everything, and sometimes, a platform still doesn't work the way it should after all those marketing and promotions, and at the end of the day, you will find out that the gamblers are leaving the platform one by one which is a nightmare for any business.

It's certainly more difficult now to open a gambling site or a casino attracting decent amounts of customers than it used to be but some custodial casinos still let people investing into their bankroll through some ways. And GameFi/GambleFi decentralized casinos, sportsbooks or protocols offer users to invest in their liquidity pools with profitful ROIs like Thales or Azuro protocol for example https://azuro.org/liquidity

Indeed, currently casinos are a very profitable business, because people's involvement in the world of gambling is increasing day by day. However, opening your own casino is not an easy thing apart from the licensing which is very difficult and complicated but it seems that competition between casinos is very tight and not to mention the challenges that we have to face and we cannot deny that the world of gambling is very closely related to the world of crime. So when we intend to open a casino, we are required to prepare everything carefully.

But here, I consider that I am not capable enough to open a casino because the risk is too big and I cannot bear the risk. I prefer to create a business where I really understand the business field.

Actually why there will be not difficult to attract customers  because of the number of competitors are quite good in the market? But it is also true that a strong background and potential team with a good strategy can only be successful.
I myself sometimes think that I will make a gambling website, but here various restrictions come in front of me.  The restriction at the beginning is that I have to invest money for the gambling website, which I don't have, especially after making the website, I have to make a budget for the promotion. Moreover, another big restriction is that crypto currency is currently illegal in my country, moreover, such casino's websites are also illegal in my country. That's why for now I have put down my dream about own a casino ::)

In my case, I never had any dream or objective of creating a casino, that's because the casino business, whether it's an online casino or a physical casino, needs to make a big investment from the construction of the physical casino or online casino itself, and a lot of money is involved. . see for example in the case of a physical casino, first the person will need to buy land where the casino will be built and the price of land is very high especially when it is in a well located place, the person will spend millions of dollars on purchasing land, then you will spend money to process documents to build the casino and then you will spend a lot more money on building the casino itself and when the casino is ready, then the person will have to have a lot of bank money to run the casino and if they don't have customers in the casino and it goes bankrupt then look at the loss that person will have

In the case of an online casino the story is not very different, the person will have to spend a lot of money on coders to build a casino from scratch, then the person will have to hire employees, the coders always receive a lot of money, and finally the person You will have to have a lot of bankroll money to run the casino. and if the casino goes bankrupt, then that person has lost a lot of money. In my opinion, casino businesses are high-risk businesses, they involve a lot of money spent. That's why I wouldn't venture into it even in a dream. In the real world, casinos have a reputation for being places where corrupt government officials launder money.

I love gambling but to create a casino seems like a long shot. Because it's not a joke and it's not something that's easy like turning your palm. And I deny myself that I have enough mastery as well as understanding and ability to be able to build a casino. this is too risky because related to the threats and challenges provided are quite difficult and dangerous. And keep in mind that although gambling is considered a fairly profitable business, it is actually a business that is full of uncertainties. Gambling is a business that is not suitable for fanatics like me who often consider gambling bad. And I can't force myself to build a business that I'm not good at and don't like.

For now I prefer to build a business that is certain.  What I'm sure I've mastered, what I'm sure I've understood and of course it's certain and clear the achievements and goals. So that I can take a more active role in it.

Who doesnt really like on a business on which we know that it is really that indeed profitable? Of course we do really love on having a casino business as much as possible yet it would really be giving out that kind of revenue on which it would really be that something big. There's no way that you could really be able to make yourself to resist about the benefits on having this kind of business
and come to think that this is a multi million or billion if possible kind of industry on which means that there is really that the demand. Building one is  never been cheap and on the time
that you've been asked on having that own casino then it would really be that 101% that much preferred.

About legalities or simply those licensed then it would really be just that normal that these places would really be having those kind of things on which considering on how
big the money that it is really that been involved or generating then government cant really just that let these things to pass on, also having licenses
would really be creating that impression that your platform is something that could be trusted but not 100%, there's always that risks.

The gambling business is one of the thriving businesses of this era, but then also it comes with a lot of high capital necessities and that has a lot to do with both money and time and for you to run a successful casino, you may require a long term of experience in the industry, so operating a casino is not a business that can be easily operated as it requires a lot of technical knowledge and the rest of other necessity that can be too demanding for a nob to cope with.
So is not about having alone or the expected high revenue income that is generated by this business,  we need to check what the other side is to avoid frustration along the way.

We find it difficult to attract customers from other gambling sites because many gamblers will not replace a gambling platform that has given them confidence in fair play and the best service for users, even though you have a potential team but to increase your gambling reputation will take time and a strategy to quickly provide bonuses Welcome every new user to make them interested in visiting your casino and make sure they feel a better gambling sensation at your casino.

It seems that you have complex limitations to make your dream of owning a casino come true, the main thing you need is to have knowledge of casino management and to prepare a large budget to develop online gambling products and to have a competent team to run a gambling site. If you build a casino for a global target then you will not be constrained by your country's regulations because you can run a casino in another country and build relationships to get a gambling license.

Looking at the money that is being made from casinos and looking at how many casinos are coming up every now and then and the number of money gamblers wager every time, I believe many people will have the dream of having their own casino and share part of the funds that are being distributed there.
 
Wishing to have it is one thing, but the question is, does the person have the financial capacity? Because from the development down to licencing, then the start-up capital all need personal funds to get that started, and those funds are not just what I can get from my little weekly earnings or from my other job I do aside from this forum; they are never going to be enough, which is why some wishes always end up in one's imagination and are not good to voice out because the person might sound stupid to others due to their level of finance.
 
Starting up a casino needs more than $100,000, based on my estimate, and this amount is if the person wants to start with a little minimum winning amount, which won't also speak well of the casino.

I have never considered to have my own casino, to be honest. Though, it would be interesting to have it.
I guess I would be personally more inclined to have other kind of business which would have nothing to do with gambling, perhaps more related the providing of goods or importation of things from abroad, in order to sell them locally.
Besides, it is not a secret that opening and operating a casino can be expensive, the initial capital one needs to have at hand only grows as the competition gets bigger in this ecosystem.

Dreaming is free, though. And we as human beings, are never supposed to quit dreaming.  ;)

I work as costumer support on a casino before and I can say that its so good to have your own casino since it gives you a lot of profit. But the problem arise here is financial management since you cannot do this without having enough funds since you can't attract whales to gamble or even you might struggle to pay those players those huge wins they encounter.

But who knows time goes by and we became successful as a gambler then we can build our own casino just like other owners here. Nothing is impossible if we dream that and the most important thing there is our intention to provide good business and this dream might come to us.

It is really tempting, if have the needed fund, to establish an owned casino.  Looking on how these casino is profiting from the people, we might dream of living in luxury if the established casino flourish.  But I think it is not easy to establish a casino since it is still under the gambling risk, a casino might get bankrupt if many player is able to win huge prices despite the house edge. The casino also need to pay of lots of advertisement, promos, competition, and bonuses in order to get the attention of players since there are lots of competition between casinos out there.

Establishing a casino isn't as easy as 1 2 3, new casino owner need to study and make a sound plan in order to compete against the big name of gambling industry.

If I'm just a rich person, I'll probably build my own casino online. The others who build a casino online don't spend much, but the only intention is to cheat gamblers. They just make it appear that the casino has funds and a lot of gimmick bonuses for those who avail, but the return to those who take advantage is too much for sure for what they spent.

I've seen a lot like that in traditional online casino apps that are downloaded from play store; that's why we're not bad people to do such bad things. Due to the legitimate method, setting up your own casino will also require quite a lot of money, so it is not easy if you know that you are not a middle-class type of person.

Ive also planned it but it was like in the year 2017-2018 this is where a lot of not-licensed casinos are popping out and there are tons of gamblers but I haven't pushed through because of the competition. Also youll need to invest in marketing and later on youll need to have a license. Youll need to start with a huge bankroll at the start and it is exempt from other operational costs so it is not easy to run.Though right now I still dream of it but I am not pursuing it as there are tons of huge casinos right now and gamblers want those established ones.

In fact, starting a casino is a bet in and of itself, involves many risks and costs. Your frustration with misleading online gambling platforms is shared by many. These businesses typically hide their genuine aims behind stunning bonuses and supposedly profitable deals, deceiving people seeking genuine enjoyment.

Establishing a fair and honest online casino is a monumental effort. Many investors get discouraged by the ethical and operational issues despite the fast profits. Building trust and ensuring profitability is a complicated recipe that even wealthy businessman struggle with.

In a world full of fraud, creating a legitimate and honest gambling space becomes a problem surrounded by legal and financial issues. If implemented carefully, such a venture might change the internet gambling industry, solving real-world issues while bringing the best place for everyone

Yes, that's true, there's nothing wrong with people dreaming of having one because it's free and not paid, the point is, don't feel unsure about not being able to have it, because every time technology continues to develop, who knows, in the future, it will be easier to create a casino, so that it will be easy for people to own it and build it. , all successful people always start from their dreams so don't ever try to stop dreaming of having them.

Owning a casino may be more profitable than being a user and gambler, we know that the dealer will always win against all its users, that's why casinos are always successful in taking as much money from their users as they want, it's not easy to make dreams come true, it just takes time to make it happen because it doesn't anyone knows about the future, lol

You made the wise decision not to have pushed through, giving that mindset of operating an unlicensed casino just as you mentioned, because most of those casinos that operated back then have all folded up due to licensing demands from an authority,  some even hard their casino seized for operating in that capacity and seen as an illegal operation.
One of the most difficult things in setting up a new casino is licensed because it requires a lot of money and connections to get one unless in countries where there is less attention to the issuance of casino licensing,  and that is why many of those looking to obtain operational license always look in the direction of CR for licensing and most of the one we know are all operating within that means also.

seoincorporation, after launching your crypto news project, am I seeing a new challenge in the horizon? ;)

As you said, the regulatory landscape has changed and those who want to avoid problems in the future should do the homework before opening a gambling platform, even if they are technically capable to do that. And, taking into account that there are international rules involved, I don't think this is a field that many lawyers know well, so it must be hard to find a good one. So let's keep sharing the info in this thread, we may come to some interesting insight on the topic this way.

Well, it is easy to own your own online casino... you basically buy a white label casino script and you fund it with some startup capital and then spend some money marketing it, but with all the competition out there... you might struggle to make a profit.

I would like to have my own casino, but I cannot justify taking 1000s of people's money to reward only a few people every day. My casino will be the one where I give 99.9% of the money back to the gamblers and I just take 0.1% to cover the expenses.  :P

I sure have on multiple occasions had a plan of building my own online gambling casino, Infact, there was actually a time I had organized a team of 6 people including myself making us 7, I had a graphic designer, web developers and so on, but unfortunately, we couldn't build anything out due to lack of funds on me, they all wanted to be paid Bi-weekly even when we don't have system generating money running yet, so at the end of it all, I had no choice but to call the project off unfortunately.

And let me also mention that, even right now, I still have that dream of owning my one online gambling casino some day, and I will want it to be even bigger than stake is currently, I love gambling and if I achieve this, I will be a very happy and feel fulfilled, all I currently waiting for before I take a shot at this again is to become stable financially, the first trial have indeed thought me some lessons that not many people care about the dream and goal you have, they don't care as long as they get paid, if at any time you are not able to pay them, they will possibly leave you and your dream and look for the next paying client.

So before I give this a shot again, I wanna be financially stable and able, so that I don't end up with a failed project again.

What do you mean by "having your own casino"?
Having you own casino to grow it as a business and make profits or having your own casino just for the sake of playing gambling games without losing money?
Building and growing your own gambling business is a completely different subject, because it requires startup capital(which includes a big advertising budget).
Having your own casino just for the sake of playing without losing money is pointless, because there are free poker, dice, slot, roulette games, which can be played without betting money and there's no need for you to deal with setting up hosting, domain, games, a gambling license, etc.

Owning your casino is not as easy as you think, there is a lot more you need to do than merely buying a white-label casino and making money just like that. Have you thought about upgrading even the white label for safety? What about standard registration, regulation, and both normal and professional staff employment? Obviously, you can't do this alone and all of the necessities require thousands of dollars. I've not even talked about the security expenses and marketing. Starting a casino needs financial sacrifices and it's still a "try by error" at the initial stage. And if not established and structured well, people would be discouraged from gambling with you.

Gaining 0.1%? Will this even cater for the staff payments, not to mention running and maintenance costs? It's very easy to say and I'm sure that everyone in the world would want to associate with your casino if you make your deed true.

Unfortunately, it's not possible, making just 0.1% in a company is tantamount to running at a loss. Are you even playing?  This shows that you do not know how casinos and businesses run and I advise you to steer clear of such before putting yourself in trouble.

Then simply build a charity organization instead  ;D, and forget about building a gambling casino, business is business and charity is charity, it doesn't make sense to mix the two, you can either have one, or have both separately without mixing them..

OK, here is an idea I think will be much better, how much owning an online gambling casino and also owning a charity organization, this way, you get the money legitimately from gamblers, then move it to your charity organization to help those who need help in one way or the other?

On a more serious note now, taking thousand of dollars of people's money only to reward a few simply means your casino is not fair, if you are really that good and wanna have a very clear and peaceful conscience,  then but a casino where the house edge is 50:50, that is 50 percent on the gamblers, and 50 percent on the casino, this way, when ever a gambler looses, you know that indeed, he or she lost, not because of the system manipulation, but because he or she is simply not Lucky, atleast, this way, you are completely comfortable with whatever you are making as a profit from the casino. But then, you also should be ready to lose most times, as you will also have to depend 100 percent on luck to make profit from your casino.

Talking literally on having your own casino, yes everyone do really wishes on having one but we do know that this isnt something a cheap thing that  you could really be able to have.
Building up one is never been cheap or easy, yes its good for long term specially if it do successfully be able to get that trust and recognition then it would be a multi-million kind of business
and this is something that we do really want or something that we do wish for. The only issue on here is that would really be able to do or create one if you do have the capital?
Pretty much sure that it isnt something that so simple that you could really be able to do such thing even if its easy as it sounds.

Running a casino site requires huge amount of funds and globally if you want to do a casino business then it is mandatory that you have a casino license. so even though many people dream of owning a casino site, it is very difficult to realize it. And you can never manage a casino platform alone.  Yes it is true that if you own a casino site then you can gamble there to your heart's content. And it will give you freedom to gamble. So the dream of owning a casino site should be for those who have huge amounts of money.  And one who is not financially well off should only use gambling for fun from a small budget

Owning a casino site and operating it globally can generate huge amounts of revenue.  But I personally never dream of this.  I only use gambling as a place of fun and not as a source of income

A script might be cheaper than buying a full casino but I think you will still need to inject a lot of things on it to become a full version casino. So that will still cost you a good money. It's not easy. And the spending's doesn't end there yet. As you said, we also need to market it and spend for the maintenance, and others... . Your ambition of creating your own version of casino sounds great and interesting. But it looks like you will lose easily on it.

Unless if you are already a wealthy man or you have won billions of dollars in the lottery and you are looking for a unique way of spending it. People like this are rare because many have became greedy when it comes to money.

Honestly speaking, I have no idea how to build a casino online; my only idea is that it needs funds, and I don't know how much it will cost, but for sure it's a big amount anyway, right? Please correct me if what I have in mind is wrong.

If my only goal is to make money in the casino, I will also, for sure, want to have my own online casino in cryptocurrency. That's why I don't want it either; I'm happy being a gambler in a casino. I don't know, but I am satisfied with the situation that I am in.

yes , if we can only provide such capital ? in a glimpse of an Eye I will provide my own casino right away because there is a lot of capital needed in operating legit casino ,to bring fair and satisfied playing in every players given that they can have withdrawals even winning the jackpot prizes.
in this many casino fails because the terms of Service usually change when there is a big winning and a need to withdraw .
if you are building a casino make sure you have enough money to advertise in any forms so easier to lure players and depositors, give them everything that will make them satisfied.
and follow your own terms not like others that when there is a win sure there will be complaint .

This comment said all that the Op need to know. I have read it twice with diligence. I would have assumed OP skipped it but the comment was merited by Op.

Form back roll is just the most problem people face in building their own casino. There is no doubt

One of the reason new start ups do not last. A very new business is over tasked. It is very risky that you have to invest very much and wait for profit on the long run.

One of the best ideas to go with. I see this as workable when all the legal papers are intact. With this much won't be invested in promotion anymore.

I am now thinking of offering an API service for anyone who wants to launch their own casino that doesn't have the bankroll so they can set up their own sites and not have to worry about bankroll, security, payments, accounts etc.

It would offer Dice, Crash and other house games as well as ability to set up bonuses and chat communities.

Yes because if you want to open your own casino, you don't have enough skills, you have to have a lot of money because of course this is a game related to money, if it's just the skills you have, you should apply to big companies, with the skills you have, it has the potential to make money for yourself. I also have friends who work in the IT field by creating applications and websites on the internet, and that is not cheap but has a high price value.


If you really want to open your own casino, I recommend that you have a lot of money because as I said, to open a casino you need a lot of money, especially since everything in the casino is related to money. But if you are really sure about your choice and desire, maybe you can borrow capital from the bank to open a massive casino. But if you are not sure don't do it, but I think if you borrow capital from the bank to open a casino if you can manage it well maybe you can return the capital quickly once again if you manage it well. Because of course there will be risks too, so it all comes back to yourself because the choice is yours.

No offense but for what reputation you got here for sure many casino aspiring owners will avoid to get link with your services offered since they might get afraid to be called as bad casino. Your reputation will not bring good to your potential clients that's why they may not avail the service what you offer.

But its good that you show some intention about the service what you offer but maybe you may try first to fix your reputation first so that people would trust the service you offer.

Still best of luck.

Everyone dreams of having their own casino, but actually setting up such a casino is not an easy task. Moreover, casino is completely illegal in my country and the legal system has made casino illegal in such a way that it is never possible to legalize it in parliament. Moreover, there are numerous small and large gambling and casino sites in my country which are being shut down by the government through legal measures. So it is not possible to establish my own casino in my name despite the great interest.

I am not sure if that’s ever been my dream but always felt how they work in the background. Whether there is huge team of 50-100 employees, with business meetings everyday, planning and much more. Does it work like a company or not or is it just small team of 4-5 peeps who can run the entire casino? Considering the fact that we already have scripts available, anyone can buy it and start with casino launch already. So this could be easy game of 5 peeps. Maybe have a two developers, 2 in the support team and 1 of them could be accountant since it’s entirely finance based business. I am not sure if I would love to be on that side of casino or not. I am more comfortable as game player and try my luck with lot of fun. :)

You are right that the reputation flags here could put people off. I have no control over that.
The alternative would be to launch anonymously under a new account. I don't want to do that and would rather be transparent.

Thanks

I don't think so. Everyone will not dream to have a casino. In my area ordinary casino shop, Christians are not allow to own it because they said it against their Christian faith. Let me tell you a story. Early last year, there was a man in my Church, a deacon was that matter, came to meet our pastor to use the Church Generator to power his betting shop and the Pastor objected it and told him that Christians do not accept gambling so he can not gave the Church Generator to him for the betting shop. And the man leave the Church to another Church. Why am I bringing this story is because of your notional pronoun "everyone". Gambling is not meant for everyone so not everyone will own casino. And it is good those who are gambling to own a casino company so that they will understand many things.

It never crossed my mind to open my own casino business, i'd rather just play in it, that's all because opening your own gambling site in my opinion is not an easy matter, especially in our country, where licensing issues are often an obstacle to setting up a gambling business, especially as there are many offline and online gambling businesses that have emerged so competing with those businesses is already very difficult, i would rather build another business than a gambling business, my knowledge and also my mentality are still not enough to start it all.

If I'm not wrong, Money Pot was the name of the business that used to do this. They used to offer the API and users had the option to build their own casinos without bankroll. I Know 2 guys who used that service in the past and was a nice option because the money comes from investors, so, this way anyone can be the house and have its own engine.

So, i would love to see a service like that coming back in the future.

For someone like me, I never dreamed of having a casino, because such is not part of my own vision am willing to embark on, but since business is what we cannot predict it's outcome, if i have the opportunity of owning one i think i will be proud to accept such and be able to effectively manage it, this is something i can do to also earn a living and make money from, but the condition is that I don't have the dream but will be willing to take up a dream and work towards it's realization if am being settled to manage such.

I think I would rather not have my own casino. There is so much regulation and red tape that you have to get over before you can even consider starting a casino. And furthermore you need to have rich friends who will invest millions in order for you to have something to start with. Otherwise how do you expect to pay out when a billionaire decides to gamble a few million USD for fun?

There are just too many things to trip over. And it is way too easy to get into legal trouble, should you accidentally trip up.

So not a good idea, at least from my perspective.

Who doesn't want to be one of the trusted and responsible casino bosses, of course that's the dream of many people, sitting with the money coming in, isn't that so.

Indeed, the casino business is very tempting, but whatever, this can all happen because there is support from state regulations and several bodies that coordinate online or offline gambling activities, in terms of licensing, economic potential, regulations and so on.

My understanding is that developing a casino is not as easy as we imagine, it requires full support from local authorities and has full responsibility for all gambling activities that we want to do, in essence: having your own casino might be the best thing for us, as I said above, it's a long process to reach milestones.

Everyone dreams of enjoying a luxurious life. and if one can manage a casino site then he can earn huge amount from it and gamble for a long time without any fear. And for this reason it is more or less everyone's dream to own a casino site. When I win gambling I am very happy but when I lose gambling I get very emotional and a question arises in my mind that if I owned the casino site I would get everyone's lost money. But since it costs millions of dollars to run a casino site, it would not be possible for me to own a site.

Suddenly it made me remember the movie "The House" starring Will Ferrell, Amy Poehler, and Jason Mantzoukas. It's a story of parents trying to get money for their daughter's college. They ended up making Jason's house a gambling house. Hilarious movie.

Well, when you start gambling that's when you will realize how the house will always win especially in casino games. That's also the time you will imagine things like "What if you are the house?". Crazy visualization moments in the morning while having your coffee and your breakfast.
I did that before and all I can say to myself when I am back to reality is "I don't have the money to do that.". Capital, connections, people to work, developers, security, and more. It's a long process and this is for those who have a lot of money in their savings.
I think it will just stay as an imagination and I will be a gambler/player for the rest of my life. I'd rather just invest and reap the rewards in the future.

Thats how bustabit came into existence right? It was originally called MoneyPot, then Bustabit and now Bustabit 2.0 owned by Daniel (devans) and Ryan, and another site called Money Pot is running with leomedina as the owner.

I am currently invested in bustabit and would love to invest in a casino that seoincorporation comes up with once I am satisfied with the player base. It is the closest we can be to live our Vegas dreams and profit from the same. ;D

I have invested to some casinos bankroll, to get profits when casinos made profit when that option was still a quite common thing. Does that count? My experience on that wasn't as exciting as i would thought.
Then again i invested peanuts and would have needed to keep my money more then my lifetime to make any money. For someone who was looking at the highly volatile tradomg charts making impressive moves, looking at my bankroll was like looking at a snail moving. Sometimes it took a hit and went back sometimes it slowly moved up, but in such a slow pace that anyone would get bored.

I am guessing it would be different with a high volume casino with a billion dollars invested. But then again, i might do something else with that money. Casinos are an over crowded area, and it would be hard to fight against established casinos. So i would look something safer.

Exactly man, your comments alone show that we are on the same side. As for me, I am not a regular customer of gambling and my dream is not to become a casino owner or a gambling center owner, because there are too high risks that are involved in those businesses, but since I am a Bitcoin investor, I still believe that I can handle some of the risk that is involved in owning a casino just Incase my dreams diverts to own a casino or any gambling center.

Setting up Casions isn't easy as it sounds, although the technicals might be easy, the source codes might be copied and easy to implement as it might just be a clone but the marketing of such Casions isn't a day's work. Loads of resources are needed, both financially and professionally.

The brand must also build its own reputation from the ground up and loads of other stuff. Its not always as easy as it sounds, if its not properly planned out then its going to be a part of the others that have failed before it saw the light.

   Everyone can’t open a casino, owning a casino is just something you can wake up one morning and decide to run, the capital alone to run the company is immensely, not everyone can afford that couple with the workforce to use to run the casino. You need a team to run the company, at least a design expert and engineer that will help with the running of the online casino, also you will need a lawyer and accountant to ensure your plan is well structured and comprehensive. The business requires capital to maintain, if we have more casinos than the actually players then of what use is the business..
   Its sounds so odd telling everyone to own their casino, that’s will be like a more supply less demand kind of business, and when businesses are going that way it’s not a good business model. People who feel ready to run the business should be fully prepared to do whatever it takes to keep the casino running and well structured.

It would never been that easy on which there are lots of things which needs to be considered out first before you could really be able to run a casino business on which you would really be needing to consider
about your knowledge on how to run this business and this one wont be that cheap. Therefore, it would really be just that so right that you should really be that knowledgeable with it, even if you do have the
right amount of capital but dont have the idea on how to run a business then expect that it wont really be that something that could really be successful. Who doesnt really want on running a business
on which we do know that this is something that it is really that so profitable?

The only thing that you should make is to run it well, there's so much things need to be considered like marketing and whatever maintenance that you would really be needing to set up.
Running business like this sounds too great but having one and running it would really be that so hard or wont be that easy.

I never hard that thought before in my entire life, to operate and own a casino, because for some reason, i have always seen this business as a more technical business and for you to be abke to run it effectively,  you have to be very grounded innthat line with years of experience.


But at the moment,  i am only a regular gambler who is just seeking to have fun and bothing more than that.

U dont know what the future holds for me, and i dont know if i may change my mind and interest or having an impunity to venture into that business line, but untill then i will just keep enjoying being a gambler and not an owner.

I admire your perspective and how you made it straight on a headland that gamblers who for the favoured position to the house having the winning hedge selects owning their casino over being an everyday gambler may retrace their steps and think all over again if they will want to go through all of the face-off in maintaining and harmonizing a smooth running of the casino. If we are privilege to have a one on one interaction with owners of casinos and they be so kind to leak a piece of what they passing through to maintain the smooth running of their casino company's our desire to own a casino will totally fade off. We are unaware of the complications behind the fame.

Sometimes, we get unexpected chances that can help us grow personally and financially. Even if it wasn't part of your plan, being open to new ideas and willing to change can be really good. Whether it's running a casino or any other business it takes dedication and learning. If you get the chance being open to learning and growing can be a great experience.

First, how much logistics budget do we need to build our own casino. and according to several sources that I read, a person or a platform that wants to build a casino must provide quite large logistical funds. why, because there are many factors that require and make it mandatory. Moreover, if the casino we are going to build wants to comply with the standards of licensed casinos. Apart from that, how many gamblers are able to make their dream of owning their own casino come true.

Well, if you ask me personally, would I want to have my own casino? Honestly, I hesitate to answer that. because what we are talking about is not the reality that will be realized, but more like if I had my own casino. but okay, let's imagine a little. If I had my own casino, it's very likely that I would no longer be a gambler. The thing is, things are different now. When I was a gambler, I played for fun and earned a few dollars with it.
but when I had my own casino, this was a fantastic money-making business. automatically, I will be more busy with the business affairs that I run from the casino. Plus, there is no longer any stress when we gamble in our own casino.
The answer is simple, we can play without limited capital until we get bored. or, we can set up a game that we can always win. and that, it's no longer fun. but in terms of business, I can be very rich, especially if I run it properly.

It's always a dream to everyone that has atleast been into the system for a long time... Like I normally say, I've served as a cashier in a local casino, and with my experience, I've always felt I should be in the best position to manage and operate something like that ...

---

peeps might be thinking this question was asked in favor of other peeps that have got massive interest in gambling and are already addicted.

Sandra 🧑‍🦰

I don't plan to have one of it but I just want to be part of it where the operations can be made or at least be the support of it.

Anyway, who doesn't want to own a business especially if it's from a very lucrative industry like in the gambling industry. Maybe I don't have it on my mind but if I've got bunch of money and just want to have one, probably I've done that but I'm not good at it.

So it's going to be a big waste of money because it's not just all about running the casino, the advertising, the cost of everything and security.

The slogan is very popular "the house always wins..." but it is not so easy in practice, since it has its risks as any business.

Now, it's not that you have to have the big casino, I remember someone passing by this board with a very vintage poker room by name (*)Mississippi poker, I think it was called that way, among others that can be seen as small casinos, sometimes more personal projects than anything else commercial.

In that sense, if that is anyone's dream, just try it, but knowing the market and knowing how difficult it is is undoubtedly a priority, it is not just about wanting to own a casino. In that idea, perhaps something more reliable is to buy shares, tokens or any of the ways that exist as an investor, it is easier.

(*)This is an example:


February, 2022 at the current date is closed, perhaps it was less time, I am reviewing it right now.

and it is not a normal dream for an individual to own Casino business , yeah almost everyone wanted to have  a profit making business but only few have understanding about running a casino so like you? I am not into having own casino instead I am dreaming of having my own machine shop business because that is the field i completely understand.
and yes there are really a huge profit in this one but also the high capital is needed and also a complete knowledge .

However, if you have several supporting factors then I am sure you will have the desire to have it as I have said before and you have said here it takes a lot of money and also requires really good experience in this field of gambling.

Even though some of these supporting factors are very important, in reality there are several sites that seem to be owned by business people who don't have much budget so the sites they set up fail to develop and even scam cases occur such as not paying customers winnings.
There are also some people who are looking for investors to be able to build the gambling business they planned but failed because being able to build a casino business and get investors is very difficult and the owner has to really prove that the project he is creating can generate lot of profit.
Moreover, building casino is not as easy as imagine and requires the help of team of experts in developing it.

If the owner does not have lot of experience and knowledge about gambling, I think it is true that it will only be a waste of money and ultimately losses will be the end of the business.

As for me it only looks like easy money. To be the owner of the casino is the same job like the others. You have to pay taxes, pay prizes, work hard trying to increase the reputation of the casino, invite new gamblers, etc.
As the result you get some money and have to pay salary, bills, etc. And only after all these payments you get your money. And i don`t sure that it would be big enough sum.

The process of owning a casino site and setting up another business is the same, only the platform is different and the strategy is different. And like other businesses, earning money after success is very easy. We can easily go to a platform and gamble. Gambling is not as easy as owning a gambling platform.  It's natural that everyone dreams of owning a platform because everyone dreams big. But implementation is very difficult

What are you saying really? Do you mean that gambling in itself is more difficult than setting up a gambling casino? If this is what you mean, then I completely disagree with you.
How can you say that gambling is  not as easy as owning a gambling platform.? If owning a gambling platform where everyone will gamble on was that easy as you have said, trust me that several of us on this forum will own and be operating our own gambling platform, I myself for example would have by now have my own casino running.

With literally less than a dollar, any body can sign up on gambling casino and place a bet, but to build a gambling platform, one would require to spend tens of thousands of dollars, if not hundreds of thousands of dollars on both building the platform and marketing it.

I want to convey that gambling is very easy but owning a gambling platform is not possible.  Owning a gambling platform requires a lot of money for site maintenance and marketing which is not possible for everyone.  As I am not financially strong enough then how can I bear that cost? Again after spending millions of dollars if you can't make your platform a success then your investment will be lost.  There are huge number of gambling sites in the market, are they all successful?  So how can you guarantee that your site will succeed?  So is it not difficult to own a gambling site?

Well, now, I get a better understanding of what you meant and now understand that your comment in your previous post was more like a typo. You are very correct with all you have said now and I agree with you, setting up a gambling casino requires a lot money, which also is an investment since a gambling casino in itself is business, and not one without risk, as you have said that if at the end of the day, the casino end up not successful, then it means the owner will lose the money he or she invested in building the casino.

But let me also say that, the success of any business lies in the hands of the owner of the business, so if for example, you decide to build an online gambling casino, the success of this casino is solely in your hands, if you give it the kind of marketing and promotions it needs, the casino will surely succeed as long as it has all what gamblers want.

I wouldn’t want my own casino. The liability of holding so many other people’s money would be absolutely insane. Not to mention all the problems that would come along with it like hacking attempts and angry customers complaining about bugs or making claims about their gaming outcomes. It would be neverending stress.

I have never dreamed of having my own casino, mostly because it will turn joy and fun into plain and work. As a business, I doubt that casino is a best business for an individual entrepreneur. I think that risks are higher than in a regular business. Competition is huge. Responsibility is huge. Many think that having a casino is just sit and watch your money grow. But instead people would get headache, as gambling industry always lures lots of unfair players. Instead of gambling, some group of people will try to cheat and make you bankrupt. Also owner is not insured against very first casino visitor winning jackpot and make you bankrupt at the very first day.

For having that said it will really make us wonder if we really able to handle to run a operation on those online casino since its really hard to operate it knowing that there's a lot of threats that can possibly down our operations. That's why for thinking about that it really make me afraid to have my own casino since I don't want to encounter a problem related to that matter especially when dealing other peoples emotion.

So this kind of plans is really for those people who have a lot of money so they can deal with anything especially on other technical aspect and also for sure with having a lot of funds they can build a good team that can work good on their operation.

So this kind of plan is really for those rich man who want to risk and can able to handle heavy stress coming from the community they built.

That is what I am trying to avoid, the failure to pay the customers when I know in the first place that this shouldn't be the case as a business owner that's engaged in the gambling industry. I know what it feels to be as a customer in that position so if I am aware that I don't have the capacity.

Then, I better leave that to those that are able and that's also one reason why I just want to be at the lower tier of the company or organization because that seems to be a tough burden for someone who owns the casino or on a higher level in the office.

I can't do it on my own unlike those that managed to start on their own. However, I think that most of the successful casinos today weren't just built by one single person.

Both of you have a good point, when we think about our own casino most of people think about the money they will win and how profitable a business like that is. But as you say, there will be a lot of hacking attempts, customers complain and the problems we face won't be easy to solve.

Is important to see both sides of this kind of business.

And about be rich to run the business, I do not agree at all, some casinos let the users invest to cover the bankroll.

I don't think so, arwin100, although who knows, maybe you're right.

I was thinking more on the kind of people who worked in similar projects in the past and, with the experience and know how they are now able to build their own platform with some guarantees.

For those who have no expertise in this field, I don't think that it is a good idea to build an online casino from scratch, unless you are really clever, really brave and really motivated to do it. I hope seoincorporation has all three attributes if he is thinking of daring to take on such an undertaking.

I also like gambling, but I don't want to own my own casino. If I have a lot of money, I would rather open another business, because I'm not sure about the risks that will come if I open my own casino. So just to play is enough for me.

As you said, not to mention the problems that might come, maybe I myself will not be able to face all the problems, even though I have a lot of money but if problems keep coming, it will make me uneasy. So it's better for me to live with enough money.

It's important to see from both sides of a business before deciding to go into it, but I personally do not see this is very important. Trust me, when it comes to business, I sure will like to know the challenges and risks involved with doing that business, but this is not for it to change mind, but to be prepared for it when it comes, for no matter how enormous the challenges are, it wont stop me from going into the business as long as I see that there are other people who are doing the same business and succeeding.

Talking about building a gambling casino, I can only say that what will stop me from owning my own casino is if I have not made up my mind to have and run one, regardless of whether there will be hack attempts, customers complain or what so ever, all this is not an excuses if you've really set your mind to have your own gambling casino, the only thing that can be a challenge is if you don't have the money to build it yet.

well said and that is the way to go !

good luck

agree 100% and I am sure many more want to see this and have the opportunity to run their own casino the Money Pot way

Even on other form of investment would really be still imposing such risks on which there'a no way that we could really be able to avoid such thing on which it would really be just that normal that you would really be really that facing those probabilities on which it would really be that a common approach but well each of us does have that own preference when it comes to things. We arent that blind that gambling business
is really that indeed profitable and there's no way that it wouldnt really be  that making out some good profits specially if your business is already that gaining some traction or recognition on which its something that wont really be that so easy when running not only gambling business but also in other business as well. Demand and recognition would be the toughest thing to gain on.

Not everyone can own a casinos as owning a casino needs not only the capital, the money but also the knowledge on how to operate and run the casino.

Let suppose you have the money , you have the developers with you built or buy a running casino but then still it would not work because the competition here is too much and without effective marketing it is not possible that new casino become the choice of the gamblers.
Again I will emphasize that owning a casino is more profitable than playing at a casino but this is not easy and not everyone has the talent to do it.

Agree into this one on which even if you do have the money but you dont have that appropriate knowledge on a certain business because its neither out of your interest or having no idea then i dont see for it to be ideal that you should really be running one but if you are really that eager or interested then you could still possibly be able to learn.Therefore, it would really be that always according into your own preference and risks taking since in every business there would really be a risks on getting bankrupt or failure. This is why it would really be that relevant that you should be wary about those potential
and possible danger that you could be able to face on.

Doing or having business is totally different to those people who do actually play. There's always that kind of fine line in between business owners and into its clients or users.
IF we do speak about money making then having business would be the key but if we do speak about entertainment then gambling would be the choice.
Business and leisure is really that two different things in the end.

I agree wit you that not everyone has the talent or what it takes intellectually to effectively manage a casino, but I do not agree with you where you said that not every one can own a casino. Everyone who wants can own a casino bud, and I mean anyone at all, even an uneducated person can own a gambling casino if he or she wants, all that matters is if he or she has the money to run it, and also have people who are talented and trustworthy around him or her.

That I own an online gambling casino does not mean that I must be the one to manage it, people who have absolutely no idea of how medicine works, but have the money build world class hospitals, and hire world class doctors to manage the hospital while he (the one who built the hospital) just sit by the side earning his money, and in some cases, worker may never get to know who the real owner of the hospital is, they will always think the doctor who is the manager is the owner of the hospital  whereas his not.

This same thing can apply for gambling casino as well, anybody who has the money can build a casino and hire some one with much experience in casino management to manage the casino, while he (the owner) takes care of all the financial aspect of the casino, like providing money for marketing, payment of workers salaries and so on.

To own a casino is pretty simple and anyone could do that with little effort and almost no knowledge and skills, however, to manage and it succesful plus sustainable it's another story...

If we think broadly, there are many small casinos around without any kind of regulation. I'm saying about those faucets websites where there are simple gambling games available, mainly dice. However, nobody plays there. They do exist, websites are active and running, there is someone behind them, but they aren't profitable because traffic must be nearly to zero.

Maybe if we were talking the early years of cryptocurrencies those micro casinos would still have a chance, but not anymore considering the currently size of this industry and how influent and dominant some companies have become.

Now the competition is played by big entrepreneurs and their armies, and not by individual developers exploring a new world like it was 7-10 years ago. The dynamic here has changed considerably.

Building a casino I think takes a whole lot more of investment ie Capitals, time, patience and lots more and only those who can withstand the difficult time would be able to build it up to finish and I vividly can recall that casinos are not just a sign of just playing games around but of credibility and integrity and that is what majority of the gamblers are looking at before they engage with casinos. So therefore anyone thinking of opening a casino should have this few tips at hand otherwise they as re just wasting their time and resources.

Nevertheless, another factor worth looking at is the financial strength of the casino as nobody would want to risk their funds with a low win casino because they see them as bait to run away with their funds. So in that case, casino opening should have a mega financial status to back them up while running live because some instances where win is much bigger they would have to pay the gambler irrespective of whether they are at profit or not. So running a casino is not a thing for faint hearted.

You're right, it's capital intensive to start a casino business, you also have to be experienced in gambling sector because you will need to employ alot of developers and other clients to work under you, there's a need to also unde how to make a business management within a professional standard, but we can also do the best to achieve every desired means for best results, though it has its own risk as well.

when I was a kid yeah , I dream of owning my Own gambling table because of the commission table can get each game as i have seen that in my Uncles house that has multiple table for different gambling games.
 but Now that I know how much capital and knowledge we need?> that is a too much for me and I cannot afford both money and knowledge.
but those improvements are what new gamblers wanted , though issues occur more often now because there are Game provider and site owner that needs to deal with.
looking for stories also , admiration is what they can bring specially those successfully managed to create their casino and still working now and developing .

It takes a great deal of patience, time, and money. Credibility and honesty are more important than glitter and glamour. A trustworthy location is what gamblers seek out more than just a spot to play. Don't even start if you're not prepared to put in the effort

Financial strength is paramount. We are all aware of this. A weak financial foundation makes a casino like a house of cards that is prone to collapsing with the least wind. No matter how big their wins are, gamblers need to know that their money is secure and that they will receive it. Therefore, I would suggest that someone is setting themselves up for failure if they are intending to operate a casino without a sound financial plan. It's not enough to simply possess the money; you also need to handle it strictly

If you have the money to do it, you can just hire all of those people that you've just mentioned so it's no big deal that you have to worry about those stuff if you have the money, maybe having an intimate knowledge on the business can help you a lot. Risk will always be there so it's nothing to be worried about because when you've taken on that risk of building a casino business, you're already doing good. To answer the question about dreaming of owning a casino, yes I do have that dream once because that's probably the easiest business in my opinion at that time but then reality hits and I saw the dark side of owning a casino and how being an owner, I am also contributor to the rampant gambling addiction that's plaguing people around the world.

Well, there is stress in all sorts of businesses if you are the owner of the business because, at the end of the day, you are the one who will face the music if there are financial problems in the business. Other than that, you will have to hire employees who will manage everything else and you will only need to give them instructions and make sure that things are being managed the way they should be, you can even hire a manager who will do all that and you will just check the reports that they will show you and frequently have checks manually.

However, it's not easy to set up a gambling business, even if it's online. The very first thing that a person needs is a pretty big investment for it, an office for the management of the platform and everything, and then a proper plan for the platform and the games and how everything will be designed and operated, and then hiring required staff to manage everything.

Owning a casino is not just an easy way and yes if you have already build your own casino then a lot of money will come at you but we must always remember that building a casino is not just  easy you need to have a bigger amount in order to sustain your bankrolls and also you need to pay for your marketing so that your c new customers will be come.  You need to spend your money's in to your promotion like yo will pay for the streamers do that your casino will publish.

Apart from that, they also have to pay attention to other things because not only about that, there are many other things that must be considered if they want to open a casino. I think that to open a casino will require a lot of people who are experts in their respective fields so that it can be realized properly. Also they must have a strong mentality because a casino in my opinion is a big thing.

Yes that's right, financial strength must be considered because this is one of the most important roles in opening a casino. Having a lot of capital is one of the requirements for opening a casino because opening a casino requires a lot of capital because casinos are not small things, this is a big thing, and there are also many other things that must be considered because it is not just about money, to have a casino of course requires people who are experts in their respective fields, therefore money is the most important in this case to open a casino.

At first I do not want to have my own casino because I'm not really into gambling back then. However, one of my customers who is just a college student years ago playing in our then-computer shop, has now owned his own online casino and hired many agents under his wing.

Until now they are still doing good. I've met him during a big Web3 conference last year and had no idea about running his own online casino and a gaming guild. When I reconnected with him, I saw what he achieved as he supported my local Web3 meetups since January of this year.

Because of his hardwork and perseverance, it really inspired me to think about building my own online casino in the near future but I do not want to compete with him. Maybe I will just be doing my homework like requirements, licenses, etc., to really begin my own.

If I was not hacked big time as well as bad decisions and victimized by rug pulls, I would have a budget to start my own online casino like my friend.

It's true about that, but I stated that I'm not ready to face all the problems about if I have a casino, I prefer the risk of investment, although the risk may not be as bad as a casino. I also don't know for sure but if I have a lot of money it's better for me to invest it, you also probably know the difference between investment and gambling so I don't need to explain the details.

even though it will be profitable but I am worried about the problems that will come over and over again, I also gamble on slots but even though I have experienced big wins and seen all the people who have lost a lot from gambling here, it is certain that the gambling company has won a lot but I am not interested in having my own casino. don't care about other people.

For those that have successfully achieved having a casino, all they needed is to continue to have an effective management in other to experience a prolonged sustainability of the gambling platforms, it's a profitable business though but it also requires money to maintain it daily operations, there are some other oversight expenses we don't normally considered as cost to the overal financial requirements needed for a casino to function well as needed, but despite all these, they are still profitable to run as long as people are making a patronage to gamble.

That's what people who want to build a casino should pay attention to. They have to prepare quite a large amount of capital to build a casino from scratch. We must also have a team that can work together and have unity so that what is planned can run well.

Marketing is something that casino owners must do to get lots of customers. For this reason, casino owners also have to allocate large amounts of money for promotions. Hiring a streamer might help but it depends on your capital because it is not a cheap expense.

Having cash in your balance is also worth paying attention to because there are lucky gamblers who can get big wins. They will withdraw their winnings and that is why the casino needs to have a lot of money to be able to pay them. There are many more things that need to be prepared and only people with a lot of money can build the casino.

That is probably one of the most expensive parts of running a casino, specially one which is not well known and is trying to get some attention among a sea of competition.
Advertisement campaigns are expensive in general and anyone wishing to start a casino should not only consider to hire people skilled in coding, security and art (in order to keep their games and seek for bugs) but also a PR/advertisement department would be necessary, to keep attracting new gamblers in.
It is possible to have success with a small ad budget, but it would require the casino to be so good and so enjoyable that people would be willing to spread the word by their own in a massive way, that is not so common to see nowadays. Sadly, it is easier for people to spread the word about a disgusting ponzi scheme than a good casino which is new.

I don`t dream it. It may be easier to get money from gambling than from casino. The first moment is to start - you need lots of money and time. And it is before the casino even started, so you don`t have any income from it. After start you can get some income but until you prove that your casino is fair, it will be small money, i don`t think that it would be enough to pay taxes, salaries, marketing promotion, some other expenses.
And only after several years you can get some stable income that will be higher your expenses. And after some more several years you will return all money you spent.

Well, of course, building and running a gambling casino is not easy, for if it was, i guess many of us here would already be managing our own private casinos. On the norm though, starting any business, most especially a business that has to run and operate online, is not easy, it requires a lot of money since one will be hiring not just developers, but very good ones who can sure deliver what they are expected to, one will also be hiring graphic designers who can oversee to the production of infographic materials that will be used for the casino's announcements and promotions.

I personally would say that, building an offline casino, like a physical casino with an real world address, sometimes may cost less, than building an online casino, one thing with online casinos is that, they need constant promotions and advertisements, else, before you know it, you would lose all your customers to another casino, something that is not really need for offline casinos.

Although on a technical level, and to lower barriers and to make running your own casino a little more permissionless, I believe developers could also build an open source engine like what the builders of OpenCEX are building, https://bitcointalk.org/index.php?topic=5443875.0

 8)

If we could assume that the code is checked and audited throroughly by the community, I believe such a project and its community, with passion for free software and GPL/Copyleft,  could grow like many open source projects.

Financial stability is another major area of focus when establishing a casino. When enough finance is readily available, there would not be a problem because wins will always be rewarded and attracts more potential customers to your casino because of the single act of paying up rewards.
Credibility and honesty as you have said is very much important when a casino is to start up. People really look into these factors because this has to do with their assets and funds which they are entrusting into a third party. So what is expected is safety and accountability on the part of the third party which is of good importance and makes their clients and customers to believe and have that confidence in the.

In the past, there was no big competition, there were only one or two games like Dice and Bustabit and bitcoin wasn't concidered as a currency. Today you have a different reality, these casinos, some of them that used to be made single-handedly, turned into big companies that have big offices and hundreds of employees. Stake started as a primedice, it was primedice at first and after years, Stunna created a new casino called Stake. It was not exceptional casino at first but over time, it grew and become one of the greatest casino.
In the past, I used to dream to have a bustabit like website but was too little to create that, didn't have a bankroll. Today, it's hard to dream, you need a huge bankroll and a team of professional developers who know what they do.

All that you mentioned above is correct and most especially in the area where you started the need for time and hard work to keep the casino running and being able to attract gamblers and also being able to pay for a prize no matter how much is involved in the winning,  this is very important for start-up casino since the business is not as easy to run as people take it to be,  because when you mentioned operating a casino,  some people will just assume you making easy money without any efforts,  we're as there have been proven cases of where the team will go on for days without break or off from duty,  that is the reason that casino operations are most suitable someone who already have the technical knowledge and long term experience of the industry to be able to run it effectively.

But talking about the revenue and profits merging for this business,  then I will say that,  you may be wrong in the last paragraph of the text where you said that the team may not have money left after paying bills that is not true and at some point may be a false alarm because a lot of the casinos that have put the right mechanism I place are making enough profits even after all expenses for the period have been settled.

Well, Stake is the right example of how to make crypto gambling a 1 Billion dollar business, they know how to scale up the company and build a true empire. But i don't like how they operate, form me it feels like they lose that human side. And i understand why, for sure they have tons of complaints daily, so, they answer to the customers by protocol. But from my user perspective is not the right way to deal with customers.

And i know is hard to dream about a project like this, as you say the bankroll is a must and the developers must be good. But think about it and you can become the developer with the help of chatgpt, and the bankroll can be filled by investors. So, if you think about it, there are some ways to make it possible.

We can dream of having a casino, but we need to remember that building a casino doesn't just use money but requires a lot of marketing and other strategies to make a casino that many people can play and like, a casino will never make money if no one plays. This is why marketing is very important for the progress of casinos because this method will attract a lot of user interest in gambling.

Other additions also use marketing strategy ideas such as welcome bonuses and others to keep gamblers gambling without stopping playing, so that's where we will find unlimited money, money that will continue to come in and continue to provide profits for us because the casino has many active users playing. gambling there, the key to casino success is being able to get more active users and gambling addicts will be more profitable.

The casino business is not far different from other forms of business as they all need money as capital - and yes, that is really a huge amount of money. That is why not all have been given the chance to start and own a casino (including me). That is why I don't even think about it, I'd rather choose as a gambler because that is the only thing that I can afford. Perhaps, it was not necessary to own a casino in order to enjoy gambling or let us say, it means of success as I'd never see myself empty even if I don't have it.

If you want to establish your own casino, you will need huge amount of capital which is possible for many people but many people cannot establish their own casino despite having the capital for advertisement and sustain. In countries where casinos are legal, it is not possible to manage the amount of capital required to apply for official casino registration and team management. Moreover, it is possible to establish a casino in a country where casinos are illegal, but it is impossible to actually establish one.

I guess casinos like stake are just taking advantage of our current technology, I've never experienced talking to a bot for long in stake as for my personal experience, from the few encounter I have with their support, I always ended up having to talk to a real human.

Big casinos always has investors in their back, it's hard to set up a million dollar casino without the help of a investor to help you fund it, it's the same way as big physical casinos. Though there are small one that carry their money to use as a bank roll. I also don't think that it's right to build a casino especially if you are a starting developer even with the help of chatGPT. There's a lot to consider especially the security of casino. I just don't think that casino owner that is also the major contributor in developing the casino will strive as there are too much thing to do in growing a really good casino.

It not all about the money, mate. A lot of technical stuff goes into developing those games, protocols, designs and then keeping that code clean to avoid the exploits from happening.

Its a full time job and not something of a one man game at all. Hence I would never do all that myself but only be the bankroll investor, let the developers work on their development and customer support deal with complaints. But to reach that level, like sites like Stake have done, takes years of dedication, innovative ideas and a community promotion to keep people coming in.

I still do wish to have my own casino but at no point I thought of playing the games and always win.
That wouldn't be fun and there's no point if I am winning my own money.
I wished of having a casino and organize live betting games or something similar.
But it seems it involves a lot of regulatory issues.

If only dreaming, maybe since a few years ago I have had the desire to build my own gambling business but unfortunately everything will not be as easy as I dreamed because first requires large funds and then you have to have quite a lot of experience all gambling systems and one side at this time very there are many online casino sites, which means there will be very difficult competition because there are more and more online casino sites, of course all gamblers will choose casinos that have good reputation and provide quite large features or bonuses and as time goes by, many casinos will also go bankrupt because this quite heavy competition.
So maybe my dream will just be dream that will never be achieved.

If you are a gambler then you would definitely be having that kind of interest on running a gambling business but pretty sure it wont really be that so something simple yet there would really be
some considerations which needs to be checked or would really be handled out and not really just that sitting right away and just waiting for some revenue. This business doesnt work on that way.
Yes, we are the house and having that full control but retaining players on the site is never been that easy. It might really sounds too basic on running a business but its not.
There would be tons of consideration which you would really be needing to set and everything should really be in order for it to function well and something that it is really that reaping some revenue.
Who doesnt really want on having a business on which we know that it is extremely that profitable? We are all wishing on having a business and even to those people who dont have
gambling knowledge that much but still they would really be considering on having this.

Maybe because the house is always on the win streak many people will dream of having / owning their own casino. I hate the idea of gambling but when it comes to business and running a casino, I may consider that as an opportunity. While playing or gambling in a casino, people think about entertainment and money. But when running the business, that's a whole new story. It's hard to maintain a business. There are tons of things that you need to learn in order to successfully run a business in this particular section.

Privacy of other people, keeping the data safe, implementing user-friendly games, and many other things is much complicated than just playing the game. I would stick to the entertainment rather than running it on my own. It is quite profitable business no doubt but maybe I am not capable of it. But there's no rule to not dream about it. Yeah, maybe I can dream to have one.

You are apparently right about this, however, I would say that a casino business is something one should not consider in a rush, one should take his/her time when trying to start a casino or any gambling business, gambling businesses need a lot of money (millions of dollars) to start, one most register to his/her government, must pay tax and so on, and all this can't be fulfilled without a lot of money.

That's true, having adequate time enough to plan ahead is very necessary because this will help with the sustainability of the casino business since there was a planned pattern to carry the entire operations, maybe if this is well considered, such establishment may not constitute other gambling platforms that exists today and cease operations tomorrow because of many reasons beyond their own understanding or explanation, but when the plan is in place, every other needs will be meant as in demand towards the successful growth of the gambling platform establishment.

I think that having your own casino would be a Spectacular Business , but I think that I wouldn't mess with having a business like that if I didn't have the necessary capital for them, because we must remember that things when it comes to how Players who are Whales play , They will Want to enter by making big bets, and if we do not have the capacity to pay in case they win, then we will look very bad and it will be something disastrous, then we can have the best structure to do it, the best of all the friends once it is see nice, eye-catching , the best games with their suppliers, the best staff, but the question here is money, if there is not enough how can you maintain a casino? Taking into consideration that if players like those who enter stake.com arrive who are very good , they are whales , because it is Something that is quite strong , then we can say that when things are treated like this, it is very different.

Now for me that is the main way that I don't set up a casino, secondly I don't know or have any idea how much the minimum capital is that you can set up a casino, I think it would have to be a lot of bitcoins, it's the only way I can say that things worked really well, because if you start playing slot machines, which are quite nice and there is a bet of 700-1000usd and you win the biggest prize, the money is an exorbitant amount that must be paid, and You must pay so as not to look bad, because otherwise it would be a scam, and so in the forum there have been many cases where the casino cannot pay and then they try to get ahead with the payments that some players make with their deposits, that is, the casino tries to capitalize with the players' money , that is something that is not viable and is a very reckless strategy, because basically money is something that the casino is always protecting at all times, it is its way of surviving, I don't see any other way .

I never dreamed about having my own casino but if I can get my own casino then it's always going to be a good thing for me. Now a days, it isn't that hard to have one's own casino but still initial investment is required to have a proper casino which may have some active players.

The worst thing of this time is that the casinos must have some type of license to work and unfortunately I think that's not needed that much. The games are widely available by game providers which a new casino can implement into their platform, but I still believe that the ones who build their own games will have priority over the others.

You are right though, but let me point out some few things, it isn't that hard to build a casino, but also consider the fact that competition is very high at the moment amongst online gambling casinos, which I think changes everything, for now, it no longer about owning a gambling casino, the question is, how big or popular is it?, how many active players are there on the casino?.

I personally have come across some really good casinos, well structured, beautifully designed and so, but not very many people playing there, which brings me to the issue of marketing, this days, without adequate marketing, some one who owns a casino is as good as the person who does not own one, a person can spend let's say $20,000 to build a world class casino, and would spend hundreds of thousands of dollars on marketing because, marketing is a never ending expenditure for online gambling casino, for the day you stop marketing, you start losing customers gradually.

You're absolutely right! Yeah, it isn't hard anymore to build one's own casino  these days but growing it is pretty hard and you're right the competition is tough for new casinos as the old giant casinos have been on the market for quite some time now and they are spending millions on marketing only.

Like you said, I have also see many good casinos that were built very professionally but had way less active players then expected. I believe marketing these days is more important than creation of a casino and for marketing a casino has to spend way more than what was invested during building of the casino.

I believe that even marketing on this forum costs around $500 to $5000 per week depending on the number of participants a casino accepts. The other platform or we can say social media influencers charge way more than 10's or participants in on forum signature campaigns. A casino has to allocate a lot of money for marketing purpose and if there is no marketing then there are no players.

So far I have not seen who started a member here and then created his casino, but we have casino members or representatives joining the forum to promote their casino as an average player here in Bitcointalk I have not known one, or I'm just not aware of one, or maybe the representative is their alt account, but for me creating a casino as the owner has a lot of work, funding and knowledge and your funds and knowledge should be enough for your platform to be competitive, we have seen new casino launched almost daily and some succeed and some just fold up because they cannot keep up with the competition.

Of all the platforms casinos are hard to break through, you must have a big marketing budget and you must have the right people to run the casino but once you make a breakthrough you will have a continuous profit, as long as you keep your reputation intact, reputation is important to operate a casino

it isn't hard to own a casino? or you are telling about to have casino Domain but not operational? because there is a tons of money needed before making it  a good one , or maybe those fly by night gambling site ? if that then indeed so easy to own.

Imagine having a winner with huge multiplier ? like needed to withdraw thousand of dollars then how could you provide if there is no big capital on it.

Gambling online business(legitimate one) is not an easy business to operate this needs full dedication , full knowledge and yes full support financially .

Thats great to hear! Well owning a casino does not necessary mean that you have to build it from scratch, having a share on the business would also count you as an owner. I personally prefer that but would love to own shares that will give me control to the company :)

Your statements, "it isn't that hard to have one's own casino" and "but still initial investment is required" contradict each other, if you think that it's easy for someone to have that much money to start a casino then you should say that it's easy for those who have enough money for it because not everyone can afford to have enough money to build a casino from scratch or even buy one. So, it's not 'easy' to have your own casino business nowadays unless you are ultra-rich.

It's also not only about money, but that's also the initial step that is required only to get it built, one needs experience in the industry to be able to manage it well and make it successful because you can't start a business that you have no experience about and still make it successful since you know nothing about it at all, even if you hire people to do all the work for you, you are still the boss and it's you who will have to make sure everything is working the way they should work because your employees will care only about their job and paycheck and not your business.

Not just money.Managing a casino site requires innovative strategies that can make your casino different and attractive from other casinos. You cannot own a successful casino site if you only have money. And that's why anyone can't own a site. But everyone can have a dream to own a casino site because it is possible to earn huge amount of money from here, on the other hand, you can gamble as much as you want on your own site and if you lose money, it will be deposited in your own fund, it is a different kind of fun.

Capital is essential to your business's success. Whales are the huge fish every casino wants, but they're also risky because they have a lot of money and gamble a lot. So the house needs to have enough money saved up in case they win big. The balance of spending and return is tough.

The staff and decorations are great, but without money, its a paper house. Yes, using player money as a stopgap is like entering financial muck. Its reckless and can harm your reputation. Opening a casino is enticing, but the money is too much to pass up.

Unbelievable quantities of money are needed. The risks are great physically and symbolically. Not only do you need to have enough money to cover the bets, but you also need to pay for things like rent, software, and more. You need cash to create a wall to defend your business in a high-risk market where "whales" play.

Yes ofcourse. There are a lot of things required to run a successful business.
I know this because all of my friends are running a business and they keep telling me how troublesome it is.
Yet running an online casino is one of my wishlist and I'll try pursuing it at some point of time if things are aligned.

Risks are there in every aspect of life. But yes you need backup wallets to cover your money if a high roller is wise enough to win big and then withdraw it. Most of them just bet again and lose it all. The advantage of owning a casino is that you know the players are going to come back and try to win more and that greed squashes the life out of them instead of giving them more.

So in the long run, the casino is winning. You just have to sustain that short period of losses which can be frustrating at first.

It is possible of course. And we have some examples of such kind of the casino. But when we create new casino we must not only attract new gamblers. We have to get gamblers from other casino and it is difficult. They have some bonuses, they now how to gamble there. As for me, i`d prefer the old casino where i know everything. 

Obviously with the rate of new casinos opening up and announcing their start up here, you would be convinced that it is more lucrative than you will be losing. Despite those winning big, the casino still profit because most likely before you win big you must have played and lost severally and only God knows how much. Therefore, winning big for a gambler might be losing big by another gambler and whichever way you look at it the casino is still in profit. Like even when a casino is hacked and huge sum stolen they are still in business like what happened to stake.

So whatever way we want to look at the expense on running casinos including payment of staff, it will still be profitable to own a casino with the rate of new casinos coming up at least on the platform.

The gambling industry have witnessed a lot of inflow of new casinos popping up at some point and it may make it look as if the business is the most lucrative at this point but not knowing that,  running a casino has it many under laying negative impact that if the owner is not careful it can lead him to high loses and operational glitches that could result into heavy loses for the casino.

So to avoid that,  one needs to always have a long-term experience before considering ever venturing into the business,  so to say casino operations are not as easy as many take it to be.

Number of casinos and the current newly launched ones would really be telling you that this is a business which it would really be that a profitable one but of course running one wont really be automatically put you up into the situation that considered to be that successful knowing that there's no such thing about assurance in any business no matter how good or profitable it would be.
You should always consider about the other factors on which it would really be affecting your success rate. Come in mind that competition gets high and there's no way  that you could
really be able to take advantage or go ahead against with those old and reputable ones. Getting your first costumer would really be the toughest thing of all.
If you wont really be making yourself that mindful about it then for sure it would really be that so hard to succeed into this kind of market.

Even this casinos make use of a cold storage to have their money stored because they are not that daft to make use of another centralized exchange to keep people's money including theirs, they make use of the money we are gambling with to secure their own seat as well as in maintaining the casinos because they are also playing the bet on our behalf, there's a certain particular rate or amount they stand to get from what we bet and if won, so at the end, both the gambler and the gambling platforms are all taking the risk together.

Someone on the internet stated that anyone who really wanted to create a casino needs a fund raging from $50k to more than $20m.  I am no where to have this amount so I just ignore my dream of setting up a casino.

If in case someone has this account and still dream to establish his own casino then I believe reading this article (https://www.growthink.com/businessplan/help-center/how-to-start-a-casino#)  may help  you. 

It is said that online casino is way cheaper than the land based casino in terms of establishing the operation since there is no need to buy lands and physical machines.  What good in online casino is that one can crowdfund his plan which is easier to do in an online community.

This is part of the business that I have always considered having, but the challenges of setting them up always make me look at myself as just a dreamer. I start with the fact that I need to have enough money in order to even start dreaming about owning a casino, followed by the fact that I don't have much of the developing skills required to set up a game house as I can't entirely depend on others games and codes to manage my own business. Another thing is the licence and the condition of the business in my  country.
 
Taking the above-listed challenges aside, I forever want to own my own casino. The profits are encouraging, and I always like seeing people come together to have fun, which is also one of the reasons why I desire to own a casino. But since for now I can't afford to own one, I also have a backup plan of being a sponsor and investor/shareholder in a casino company someday, which I will just have to invest my money in, and others will be in charge if the company will generate income for me on a daily basis.

It is quite difficult to create anything from scratch but in my view is even more difficult to enter a market where there are already quite a few incumbents that are well positioned and have a client base that they care for and grow by investing. If you are going to create a new casino, you better have a very good idea on how you intend to disrupt a very stable market - hint, get money ready.

Yes, if we build casino business we as owners have to have great sense of responsibility and always provide whatever is rightfully though it really drains the bankroll in the casino you own.
Many cases like this occur because casino owners don't want to lose large amounts of money but they don't think long term because after failing to pay customers winnings the casino business they own will be destroyed, gamblers trust in the casino will be lost.

It is clear that heavy burden will be felt by a businessman who owns casino because they have to be able to do many things to develop and make this business even bigger, plus they have to bear their own losses if bad things happen and even still pay the team even though there is no income yet.
This is a business of course there are many risks in it, but if you succeed then you will be one of the successful people.

From here I know why you only have desires but prefer to be part of this business because there is not too much risk and you can consistently get income because you are working, not building your own business.

Although I currently do not own a casino and have no plans to create a casino site in the future. Although if a few people do such a plan I can think of building a good casino platform in the future but not now. I guess in 2018 to 2019 a lot of people built casinos at that time it was crowded. And there are people who build such casinos and now they have created a very trusted platform that many people now play there. All the casino platforms that exist today are very good and trustworthy, it takes a lot of time to build a trusted casino like this. Although building such a casino is very difficult and involves a lot of money, so this dream can be in one's future if it is built with a few partnerships. Organizing a casino platform is very difficult and requires a lot of money in the bankroll which is not an easy task to build on your own. That's why no one is currently able to build such a casino platform because of the large amount of money rather they are not dreaming of such a thing. All the casinos that exist today are so far ahead that the financial position is so good and people benefit so much from playing there that they don't think about creating their own casino platform for the future.

On the surface it may seem fun to own a casino, but when you think about it a little bit more then it is easy to realize how much work it would be, since you will have to develop the website from the ground up as paying someone else to do it for you may allow that person to put backdoors you are not aware about, and this is easier said than done as if you do not do it well then hackers will be able to steal from you and your clients, then we need to add getting the licenses, hiring employees for all the positions needed at the casino and finally you need a huge amount of money as your capital, so it is easy to see that for the majority of those that dream on having their own casino such a dream will probably never materialize.

Being serious about achieving your goal is the very first step for someone who has a dream of building up a casino. Actually, it applies to every successful casino and other businesses. If you let yourself be discouraged just by thinking of how hard it will be for you to achieve your dream, start your business from scratch, and do every work on your own, that dream will always stay as a dream. Don't just think of the possible risks and the obstacles you may face in the future, think ahead and plan a possible solution.  

I have such dream too but the necessary things one will need to start this business is something I don't have right now, and if you are not in the right place to start this business it's also dangerous, as you will have to open up to other people, for bringing up this idea will make others believe that you have a lot of money, I am someone who have problem with trust or trusting people.

This is the only issue that could stop me from opening a casino after having all the necessary information needed and also the money, but there is also an issue, you don't want to start a casino without you ever working in a casino before, I have never work in any casino so there for I have no single idea about running a casino, it's going to be a big burden if I do it anyway.

You will also need to hire some professionals too, starting from the casino website creation and also choosing the best and reliable software providers, the thing is you can't always be in every field, even if you are a genius, it will be in a certain area, marketing is also a strong area that needs to be handle carefully, you also need to spend money and give the promotion activities to the right people and finally you will need to get a gambling/casino license.

When building a business on which similar as this then it is something that you can really be just that careless or confident or simply doesnt really have plans because we do know that this business isnt something
that comes cheap and this is really talking some serious capital on which means that it would really be needing that serious approach or handling.If you dont make some proper planning then you would really be finding for it to be that not much running well or something that could be profitable. It would really be needing several things to be considered for you to be able to handle it out and make it profitable.
Just like on what others been saying that there would be factors need to be followed and on the same time you would really be making your own ways and methods on having that kind of exposure into your
business. You cant really just simply ignore those basic things to have a successful business.

Lots of people or businesman would really be loving on building a casino specially into those gamblers who are really that fully aware on what it is or simply have that kind of idea on what kind of busines
it would be and how it do become that profitable. It is really just that the main issue that running or creating one doesnt come cheap and does really need up some
arrangement which we do know that this would really be talking about huge amounts.

You are wrong with your first assumption, as well as the last, I am not a web developer, and neither do I have any qualifying knowledge with or on codes, but If I decides to start up my own gambling casino, I would, and how.
Simple, hire a very good developer I trust to do the job of building the site from bottom to top, and also without letting him know, I will hire auditors to conduct a comprehensive audit on the code to make  sure there are no backdoors as you have said, in the codes that will grant hackers access into the system, over time as time progresses, I trust that I will find quality developers I can trust to work wit me on the project, and also make them treat the project as their own as well, by paying them handsomely well.

All that matter is having the money, it will only cost money, everything from building the site to hiring of staffs and marketing and so on, it will cost alot of money, and if the money is already available, what next is needed a just a personal decision of whether to proceed or not.

Nothing is too hard to achieve, as long as the resources needed to achieve that thing is already available, same also it is with building gambling casinos.

Establishing one of the biggest earnings right now which is the casino takes a lot of requirement, effort and of course, budget you must need to hire a social media expert, and developer, depending if full stack or a separate team but like other people I hope I can have a business too like gambling of course you can see other people getting entertained with your games plus you love what you are doing included that you are earning too but again not all successful gambling casino will have the same outcome it will depends on the management still ideal if you have the capability to gain more with other if your investment or asset as one of the backup source of income if this casino plan fails.

Exactly! That's in other words what I tried to say some posts back. The clue is not to have a lot of money yourself to fund the casino, but experience on the specific field if online gambling, maybe working for others until you created your own business.

But, for those with no experience, although it may seem easy to create a new one, because the number of online casinos has grown in the last years and they seem to be profitable, doesn't mean it is in any way. This is not like creating your own website or sales platform. If it was, then there would be millions of gambling platforms and sportsbooks out there, and they are not so many (and well known in this forum, just a few).

For me, it is a hell of no to build my own casino because I lack the underlying ability to effectively manage the business since I have no technical, so running a casino is not an easy thing to do but then we have people who specialise in operating a casino, so it becomes a norm that only professionals can effectively run a casino without running into any form of problem.
Most of the casinos that have folded up are all due to a lack, of proper management and experience in operating the business.

It happens with all things in life, actually, not only to casinos.
In all sorts of categories of services there will be always a majority of them which cannot comply with the minimum standars of quality which costumers are supposed to expect out of them, because of those factors your mentioned, specially inexperience and also lack of economical resources.  There is a sea of brand of technology, but we all know Samsung, LG, Apple, etc. there is a sea of casinos out there but we all know about Stake, Freebitcoin... Among others.

Because of the lack of experience and limited bankroll most of us lack, it would very difficult for us to properly Carter a huge audience of gamblers, in the case we ever decided to try our luck in such industry by opening out own casino.

You go to a shop to buy things, this does not mean that you try to build your own shop. The same goes for the casino, You may visit a casino site to gamble but that does not mean that you may try to built your own casino. There is a big lot of difference between playing at a casino and building your own casino.


We cannot run a business without having proper knowledge and prior experience of it. So why do we think that we may run a casino without having any knowledge of how to manage it? Even running a casino is even more difficult as you constantly need the revenue in order to pay out the casino winners.

Even though you are a gambler, developing a casino is very hard and it is not meant for everyone that play gamble. For one to own a casino there many things to do and understand if not you will own a casino and finally use it to scam people and run away all because you don't know how to manage it. There are many casinos that can't perform well to their customers satisfaction is because of this weakness. So if anyone is planning to own a casino,make sure have the in and out of what you are doing. The risk involved, enough cash to give out when gamblers win and must have that probably fair game. And customer friendly service. One can not just jump enter the casino industry business even though he has the money. You need the ideas and other factors to make workability.

Isn't it that you also lack the money needed to start such business? It's like when people get fired from a job and they tell everyone that they wanted to quit anyway :D
Most people don't have enough money. Some got lucky like early bitcoin casinos that needed to fund a bankroll, so they bought bitcoin and that bitcoin went up from being worth $1 to $100 in less than 2 years, so imagine how much money they unintentionally made. You have to be lucky for your business to grow that much in such a short time.

It has crossed my mind several times to set up a crypto online gambling business which of course does not require KYC and is very decentralized. I chose (had the intention and dream) to set up a crypto gambling site without KYC because there is quite a lot of privacy data trading nowadays, privacy data is considered gold nowadays, but looking at my very minimal knowledge and privileges, this makes me reluctant to do so lol, apart from my minimal knowledge, it seems that regulatory and liquidity issues are really a big problem for me lol.

It is one of the most important thing we need to have before having our own casino but you forgot to mention about CAPITAL mate because even how good we are in technicalities yet we must always consider the capabilities in running one because this is the Main issue, as it is not that cheap to run a casino and also to need more Guys in helping you operate .
and also It is good in your part to never plan in running one and just focus in your gamble activities and your other portion in life like mine that don't want to put burden to myself having a casino site.

Well, it was never a mandate or important that every gambler must own a casino, the idea of owning and operating one's own casino is based on personal and business passion, so as an individual, if you don't have passion for such, then there is absolutely no need to want to go into such, for doing so, the person may likely not succeed because he or she lacks passion for the business in the first place, and lack of passion in what one does is one of the reasons why many do not succeed in that thing.

This is why we are often told that when choosing a career or business, choose something you love and you are passionate about, because you will surely face some challenges, and when faced with such challenges, your passion and love for that thing is what will keep you going until the challenges give way. But if you choose a career or business simply because of money, when challenges come and that money is no longer coming in, you easily give up.

Yes it's quite important, and actually there are still many other important things as well as to manage a casino, such as experience in managing casinos/or at least having worked in the casino operations that allows you to know what to do, what must be prepared and like What is the way in the future so that the casino goes well.
Even if you know someone who understands the technical techniques of a casino, at least you must also have knowledge in making a casino and caring for it.

But if only for your own gambling activity is a silly thing, moreover you want to make you always win in the casino that you make yourself, I will convince the OP that the pleasure in gambling will disappear and will also feel bored because you arrange so that you always win And that will provide a saturation effect, for my personal view the interesting thing from a casino that I play because it has a small percentage of victory, so the scarcity of victory is the most beautiful point that can be felt by gamblers, and that's where the interesting thing is interesting from a gambling.

Don't know how this will ever take place, every gambler owning a casino? this means no one will gamble because everyone needs to have players of their own and this will never happen ,businesses must be scattered to all types so everyone will have their own merchants and supporters.
and also each business needs to be qualified depending in our capacity either in Knowledge or in capitalization.
so yes this will never be mandatory yet this is a competition that hard to win , we can see how huge each casino we have in Online so how much more in physical casinos .

Conducting a casino is not easy if they want to build a casino organization with good intentions. Of course it would be better to make a tame to build a casino. It is impossible for one person to observe everything. In this case, those who have more money can hire skilled manpower to do the work, but if there is no management committee, it is very difficult for the casino to maintain everything. There are many casinos that have closed their operations after operating for some time. If a casino site can be built by bringing together a few technological individuals, especially those who have good experience in running casino gambling companies, then the site is must be established.

There's one thing about having a desire for something and another thing is having an idea about what we are craving for, this does not applies to opening a casino alone, if we are doing any form of business and we lack the effective ideology to manage the business then it will surely fold up one day, that's why it's not about starting big, it's all about knowing what to do and how to achieve a specific target through an effective management practices, but I've also seen some people having no experience in something but made determination of learning and are doing well in them.

You are absolutely correct and I completely agree with you, It is like what I pointed out I think on this thread or another thread, I can't remember vividly, but I do remember writing about passion, having a passion for something is what drives many into such a thing, even though they have no prior knowledge of or in that thing, passion drives them to want to learn it.

That is just the different between the result of those who start really big, but end up failing, and those who seem to start small but become big later on in the future. Many who start big on something are usually chasing after profit, while those or many who don't mind starting small are are most of the time usually driven by passion, in the end, passion will always win.

Dream of having your own casino and always being in a position to win without losing. This is due to losses that continuously occur every time I play. By having your own casino, you can enjoy the game in a winning position and can control other players who will win.

In previous years I didn't really know the system of having a casino with the requirements that had to be met. Currently, the desire to have your own casino faces real obstacles such as obtaining a license. It may take a lot of money to obtain a casino license. For countries that do not legalize casinos, the dream of owning a casino can only be had in a dream and will not come true. Maybe it's possible as long as someone inside helps.

In life, the best place to work is always to be a mediator (the casino is a mediator as well). The intermediary is never responsible for anything, he is not responsible, but only provides services and creates conditions for a specific type of activity. Of course, it’s very cool to have your own casino, because this is a place where you don’t spend anything, and the gambling industry brings in a lot of money! True, this is money partially earned from human addiction, but that’s okay, because at the same time the casino makes a huge number of people happy! For example, we are all happy here to wear signatures that are often sponsored by the gambling industry, and we are grateful to them for encouraging our communication in this way.

As a gambler,  having your own casino no matter how rich and influential you are will be a man getting high on his own supply, which will not amount to any good outcome in the long run,  and for sure,  we may have some experience gamblers who may want to run their casino,  and I don't see anything wrong with that, I here can provide the man powers and technical support for the site then they may become successful some days.

Also but we can't determine the extent to which that success will come most especially when the gambler is a heavy gambler with lots of addictions to deal with.

In building a business then it wont really be that recommendable that you should really be putting or pouring huge capital directly or trying to go all in on whatever the expenses that you would really be gonna make use on which we know that there's no assurance in speaking about business success no matter how good the industry is, knowing that competition and other factors are there on which it could really be affecting out. Passion does really play a great role on someones success because doing something which you dont have that passion nor even the idea on what it is
then handling yourself on this business would be hard.

We arent saying that it cant be possible since everything on this world could really be that learned if you are really just that eager but it is really that truly
different if you are really that serious on dealing up with something which is really that  in line of your interest.

Own casino? No interested even if I was the richest man in the world. Why? Because that would make me addicted to gambling in a really bad way for sure which is not something that I would want to go through.

I primarily play various casino games for fun while I focus on sportsbetting for making serious money and I am content with all of this.

When the situation continues to experience defeat when playing, no matter how hard the addiction is, you will feel bored and the thought of being able to withdraw the amount of money that has been used up will definitely appear, even though that will not be realized other than by creating your own casino because if it is not this way, it is impossible for us to win.
I think the idea of having your own casino is not a bad idea. Rich people with money and influence will do it.

It shouldn't be necessary because gambling is not about getting rich. But imagining having your own casino is really fun.

Creating a casino that isnof high standard normally cost a lit of money so I think it is not everyone that would be able to afford the stress and what it would take to employ programmers that would develop the site and incorporate games and other softwares that would make the site functionalm and easy to use without any more glitch. Getting a license also can take some time and money also so. This is why not everyone is interested to create their own casino looking the stress and a lot of things that need to be done for the site to be fully functional.

yes I agree with you, not everyone can have their own casino, because as far as I know there will be a lot of money needed to open a casino, so not everyone can open a casino, not to mention the permits that must be done regarding opening a casino and many other things because not only that, if they really want to open a casino they have to pay attention to other things but the most important thing is money because casinos are related to money, and there are also people who must be paid because it is impossible for them to do everything themselves.

And also if they have opened a casino they have to pay the winning players, not to be like what you said, run away to cheat all the players. as you said friendly service is of course also important, because the service of a company can have an effect or a bad impact if the service is not good.

Hmmm...but I see it differently, passion or not, you can succeed in anything but you must first try to learn it and be adequate resources-wise. It's not all that people have passion for that they do and get successful in it and it's not all that you don't have passion for that you do not succeed doing. Some success is just by chance, you can ask some successful business people, and some never planned it that way. Gambling is a business, anyone can venture into it since the good prospect of earning is involved and one could bring in experts and get to smile to the bank.

In this, you are using the passion of others for your own good, that's one of the secrets of rich people, they don't get involved directly in most of what is giving them that huge money. But one thing I do not like is for someone not to have a reason (genuine or not) for doing things at all but just venturing into it because others are doing it. One must have the drive, it could be for the money, passion, connection/relevance and so on.

Money is the basic problem in my opinion. If you have enough money for the business and to cover all the expenses, you wouldn't have any issues at all, and a casino can be a very profitable business if it's run in a good way with proper management and everything. Who wouldn't like to have a profitable business that wouldn't even need a lot of money for maintenance and everything once it starts getting profitable? Everyone would want that, without a doubt.

So, if someone doesn't want to start a gambling business, it's not because they think it causes a lot of stress and everything, but it's because they can't afford to do it. If someone has experience with gambling and gambling businesses and also the money to be used for it, they would never stop themselves from doing that.

Yes, because if you don't know the knowledge, what is the point of building a business? After all, not many people have the dream of starting their own casino because most of them, on average, prefer to be users because they want to feel the adrenaline rush when gambling. I think we all know that building a casino business is not It's so easy that the reason why people don't want to build it is because they don't have the knowledge.

Something that is run only by desire without knowledge will definitely be difficult to achieve what can be achieved from the casino, building a casino is not only about building it but also thinking about how to pay someone to maintain the security of the site as well as doing good marketing to enliven the casino, the desire to have Casinos are not what people imagine.

I think you can always build your own casino and play games win or lose. You can hire a personal software development expert or contact a software development solutions company to develop any kind of casino games you want. But it becomes an issue when you want to monetise it or make a profit from it. If you want to gamble and play games with your friends and family, you don't need a licence or government approval. But once you want the public to use your gambling platforms, then you have to register the casino.

The gambling business is very profitable if it is well-managed. If your casino abides by its terms of service and satisfies customers, it will become reputable within a short period of time. But I prefer to play in other people's casinos because I don't think I will be able to manage a casino. I respect casino operators because the gambling sector is very complicated and risky. They have to face government regulations, licencing, scammers, hackers, etc. But if I can design some games that will be played just within my close circles, then I could start a family casino.     

Money is very important but to me, the first thing is knowledge or experience. I think the best casinos will be owned by experienced gamblers. If you have the money and lack the basic knowledge about the casino business, it will not succeed. You might end up wasting the money because of inexperience. This is why people hire gambling business experts to help them establish casinos. But when you have experience, with little funding, a casino can be established and groomed to succeed.

I really get the points the both of you are coming from, but let's not talk about the money aspect, but let's talk about the other hand, even if everyone had the money to open a casino, who would be the gambler? Because if everyone wants to gamble, they will just go to their own casino and gamble and the gambling industry will no longer move forward the way it is now.
However, for an individual to have his or her own casino hall, that person must have enough money.

I think that having your own casino is like having your own stock exchange - you can consider yourself wealthy, like someone who has found a treasure.
But!
 It is possible that opening your own serious casino is one of the most difficult tasks in organizing business processes.
You need to hire: mathematicians for algorithmization of games, designers for style, programmers for the site and for the application and servers, lawyers for registration of all aspects, have a personnel department, accountants, and this is the easiest thing!
You need to understand very well that competitors will arrange DDoS. That the mafia might start to be interested in you...

In general, this is on the verge of the impossible.
.

Very interesting discussion and I will add some discussion to make it more interesting.
If you say it's not about money but when everyone has the money to build their own casino who will gamble but another question if everyone has the money to build a casino do they have experience in terms of gambling systems?
One day I thought, when I have a lot of money, I want to build a gambling business because this business provides quite a large income, but on the one hand, I think I only have money, I don't have any experience or knowledge in systematic terms in casinos, don't I? should I hire multiple teams to grow my business? But if I didn't have the knowledge about it, when I was lied to or cheated, I would never know and suddenly my business would go bankrupt.
In this aspect, it seems that it is not just about money but experience and knowledge that are the benchmarks for someone who will build a gambling business.

When building a business then passion and interest would really be much preferred or needed on which it would really be giving out that kind of advantage considering that you would really be that needing for you to handle it well basing up with your knowledge through it. Dealing up with business on which you dont really have any idea would really be challenging at all or somewhat boring on your part.Nothing beats out if you are really that interested on the business that  you are building specially if you are a gambler or fan of it then having a casino business would really be a dream come true
kind of situation and we know that building one is never been cheap or something that could really be that so easy.This is why only a few could really be having that kind of power
and capability on doing so. If ever we do give up some chance then no one will surely refuse knowing this business is really that profitable.

The OP asked if you have dreamed about it...

Of course when it comes to being practical, not many have the bankroll to just set up a casino and get started. In regard to the skills, if you have experience running a business then it would not be much different...and if you have a good team that you can manage and communicate with well, then again, there is not much difference to any other business. Of course stakes are a bit higher as you are handling funds, managing security, publicity. etc..


I had thought about it, with the motivation to be fairer and operate better than current casinos, but it was too hard due to my thoughts on the industry. Of course, trying it would have been something I would have been open to given there was good people to work with available and motivated, but I never looked hard enough because of my own personal conflict....and of course, most conditions never permitted it anyway. The domain still sits in my hands and I do renew it every year :)

If you just think about the profits from the casino business, of course it is very tempting. but if you think about the competition in this business market it is very competitive. If you don't provide a better offer than existing casinos, it will be difficult to get loyal members.
That's because most gamblers who are comfortable playing at one casino, will not be interested in another casino. unless they encounter problems such as long withdrawals or data verification problems.
Even though new casinos can offer attractive bonuses, perhaps most new members are just looking for bonuses. they play to gain new experiences and then leave.

we can indeed see this industry developing rapidly. but not many of them can really survive well. whether it's related to legality or technical issues related to the platform.

      -   I agree with what you said: not everyone has the potential to develop a casino in this sector. Because a legitimate casino owner must also have finances to pay the gamblers. That is why I am also amazed with other casinos that just defraud gamblers.

Because the others want to appear legitimate, even if they don't have the cash to pay the players who win on their platform, they get to pay not from their own pockets, but from the money input by the gamblers who lose on the casino platform.

The gambling business is different from other businesses because we really need planning from all aspects that are needed so that in the future it can develop well and can generate large profits because if you experience failure once it will be difficult to rebuild and all the capital spent will definitely be lost. vain.
But the most difficult thing in building a gambling business is trust and reputation and when these two aspects are damaged then the business that has been built is finished because there is no way to restore trust or good reputation.
After all, successful businessman is one who can maintain customer trust and can always prioritize customers. You shouldn't even take small things that you feel are unimportant because if you take them for granted, even small things in business can have negative impact on the development of the business itself.

Regarding capital, there are still many solutions that can be done, but the most important thing that is quite difficult is finding trusted, great people who are able to manage it and these people are very important for the progress of business.
When you are great and wise businessman but have bad team that cannot be trusted then everything will be the same because this business is related to money and you have to look for team that is not easily tempted by money so that they don't do stupid things like embezzlement.

I assume that having your own casino is like owning any other business which can only mean that it's a painstaking process that would take a while for me to reap the fruits of it's labor and at the same time make me exert more effort just to keep it running for days. Not to mention that as a business owner, you will be working 7 days a week and it's even more intense in the first weeks of your opening right? With all the stuff that I've mentioned, I don't think that I can do it even if I try my best. Also, I am not a people person so I don't think running a casino or any business suits me anyway maybe it's a neat dream for other but for me, it's a bother. I guess I just love that I have free time.

indeed mate and yes that would be stupid Idea because the world of gambling will collapse that time for sure.

we have so much happening in gambling because of the competition provided by bigger capitalist and that's the case.

If people will have their own casino then who will play against other casino ?

If i were to have a chance having my own casino then I make sure that I will not be a gambler anymore instead operator.

Sincerely, I did be lying if i say that i am not surprised by what you said, first time i am coming across someone like you, you don't want to work, and you don't want to own a business, then what exactly do you do for a living?

For i know that, just investing in cryptocurrencies can't give one the immediate money for day-to-day expenditures.
Trading as well does bring in good profit and money if the trader knows what he or she is doing, but like you said, you just want to have your free time, trading from my personal experience is one of the most time-consuming activities that anyone can engage in, so this is probably not for people like you.

How about gambling? There is no consistent winning in gambling; gambling is not something someone can depend on, as there will be times when you will need money so urgently, and you can't get it through gambling, in fact, that may be the time you even end up losing the most.

So, if someone just wanna have free time all day, how will such a person become a big person in life, if you don't want to work, and you don't want to own a business, what then do you want to do? and something you don't even understand is that, aside the heavy competition at the moment, owning a gambling casino is one of the most lucrative business anybody can build for him or herself.

"More than in many other businesses, planning is very important here. We need to carefully plan every step because in gambling, one mistake can be very bad. Not just losing money, but also having an effect on every part of the business.

Let's talk about trust and that good name. Do you agree that these are the foundations? If you lose trust or your image in the gambling world, it's game over. There is no way to return. Putting it together is like making a paper house - one mistake and everything falls apart. It's happened many times before.

Yes, there are ways to deal with capital issues, but what is the real problem? Tracking down the right people. The people on your team need to be skilled and honest. When you work in the gambling business, you have to fight this desire all the time. Being a great businessman isn't enough; you also need to come up with great teamwork. What's really valuable is a team that doesn't give in to the allure of easy money."

Owning a casino site is not possible for everyone because it requires a lot of money which not everyone has the ability to manage. There are also many who have the financial ability but are not interested in running a gambling site.  They work for other businesses.  And because of this, not everyone can own a gambling site.  Many people develop a gambling site but fail to take full advantage of it to potential gamblers and become scams.

Of course its not for everyone, OP does not even indicate that. It is for the select few who have their dream of being the guy in the black suit owning the casinos and being a Gigachad when visiting them, everyone envious of their money and cars. ;D

Even in online gambling it is possible and the optimistic point is that the owners are the long term winners in a casino. In the short term tiding over losses takes money from your pocket, which should be readily available.

Over time these sites develop their own community which then helps keep the site afloat. Its a full time job and enthusiastic people are welcome to try it.

I think there is also a point, even if you have enough money or more to build a casino it does not guarantee the absence of knowledge of gambling systems. And it is possible to recruit other people to become a team, but I don't think in the direction you said. not at all thought in that direction. It is possible that because of the large amount of money we can invite others to cheat us, instead of being able to operate the gambling system. And when we pay them to work together but they mistakenly become a problem again in the future.

Some just dream about having it since they think its the easiest way for them to earn a lot of money, but they forgot those important factor upon operating it since without having a lot of money for sure they would struggle to hit their own target and they might get broke for losing their own money for its failed operation.

Gambling owners is really be the owner on this industry but they also need to remember that road to success is hard to achieve since there are also competitors and other challenges that need to consider so hopefully those new operators could able to handle heavy stress since if they are thick skin for sure everything will fall down and they lost their money for this business.

If they have money to spend for their community for sure they can make it grow since this people are there for benefits so if they think its good to stay in his community built then provably he can earn aa loyal supporter and that can make his casino business succeed.

Many people who are involved in gambling or casino will have a dream to have their own casino but to make a casino requires a huge amount of money, huge amount of money as well as enough security that is why many people do not fulfill their dream of building their own casino. I've been gambling for a long time, sometimes I think if I had a casino like this I might be able to manage gambling better but now I don't worry too much about what's more likely not to happen. I am happy to gamble in other's casinos, I take gambling as fun so even if I don't have my own casino there is no problem.

We must also consider that the market has changed a lot in just a few years as creating a casino was easier just a few years ago, but now anyone that creates their own casino not only needs a lot of money, they also need to have a great marketing strategy, since now we have casinos that are so good that now they are rivaling their fiat counterparts, and even if you had a lot of money at your disposal if you have no way to take clients from those casinos then your casino will not survive for long.

yes, with gambling that is now a lot online and easily accessible to everyone everywhere it is an additional income also for the company. if the brand has its own casino and wants to play at its own casino is not this also related to money, because gambling is largely related to money that will determine us so that we can play. if there is no money in my opinion, you cannot gamble.

And as you said "the person must have money" this is also clearly related to money which is of course also related to gambling. Because in my opinion gambling is a game that uses money, if a game that does not use money is an offline game that people can download, but it does not produce. Although gambling games use money but there are winnings that will be obtained but it will not always be obtained by all players only the lucky ones can get the winnings. So in my opinion even though discussing the other side still ends in money, because money plays the most important role in gambling.

Even if you want to hire professionals to help you start or run the casino, having a basic knowledge will be an added advantage. Having prior knowledge will reduce waste and scams because some of these professionals are not trustworthy. Mentorship or apprenticeship should be a good means to gaining experience on how to run a casino. Some people seek to gain experience in a business by working in the sector. I have seen people that gain experience working in a successful business. So it is not out of place to locate a successful casino and spend time learning how the business is run. The gambling industry is complicated which means that owners should have some basic skills of how to operate it.

You cant just launch up one even without the basic idea on which it would really be just that needed or crucial on having idea at least on what business that you would really gonna make
and just like the rest been saying that this isnt something that you could really be able to just have one but dont know or having the idea on what it is. You would really be that most likely fail
or you would really be incur losses on which you arent really that expecting but well regrets do always happen at the end and if you arent really that mindful when you arent experiencing
hardships or unfortunate events. Well thats business on which it would really be having that kind of risks no matter how big or expensive it is.

Basically, that is applied in any industry in this world where professionals are needed.
There is a good reason most of universities require those students who are close to get their degree to go through some months of professional practice within the sector. You know, it is like working as a professional but with no experience and usually with little pay or no pay at all. I assume the same happens within the gambling industry.
Some programmers and code engineers which are interested in the developing of gambling games or even those interested in security will be happy to work for a casino, only for the sake of gaining experience for the future, not only for the sake of a quick salary with them.

However, I think it would be very unlikely for a newbie within the security sector or developing games will find a position very quickly in casinos which are big and famous, because the high standards they probably have for their workers. That is where the open doors of small casinos are welcomed, one can learn a lot about a certain industry, not matter how big or small the company one works in is.

It is a fact, things are like this, in fact there are many Casinos that have Launched into this with little capital , Perhaps praying that a Whale does not Arrive and win , that it Arrives and loses but not that it wins, otherwise it would be the cabose, then This is a lot of risk to sum it up, because after all the investment, because creating a casino, being with the best blockchain Security Specialists in the entire environment is not something Simple , because we are people who only think that everything can be done see bonot and please, well things will go in the right Direction , maybe yes , there is no Denying it and maybe it will adjust to a very high house advantage, but even so it is a big risk to do it or to launch casinos with little effort , because that is when we see the biggest deficiency of this, perhaps the casino has invested in marketing, even in more Signature Capacity, but if the casino is not doing well Economically, with just one move the casino can come below.

This has happened a lot, because I have seen that there are cases that are uncivilized all the time, and when making withdrawals they say that the withdrawal is manual, that they are starting, that they are going to enable the automatic withdrawals, they can say any type of excuses, but I am very emphatic, if a casino is starting and if one wins, the casino must pay, now they have more options to back out, because KYC is one of the things they can take advantage of to take advantage of the situations, and this can lead them to think that the casinos are part of the fact that they have to bring everything to the level that it can take a long time to co-form the LYC well, or they give them a problem, they do this to host the customers and make them bet and what The money that I was willing to withdraw and enjoy was spent, which is in very bad taste, so casinos have these exits that sometimes people fall and it is a very Unpleasant Moment , it has Happened to me Personally.

Well, we should always come up with solutions to these problems which may encourage the casino to remain in the business, yet fulfilling the financial needs of the business.

What if a casino puts a hard and fast rule that at any given point of time you cannot deposit this much amount, or even you deposit in parts, the total balance should not exceed certain limits? This way, even the so called "Whales Gamblers" will not be able to win that much amount that it becomes impossible for the casino to let them withdraw.

Remember this can be applied to new casinos and once they get experience, and gather some money, they can lift any such restrictions. Let me know if such a solution is practical ?

Sometimes when we dream of something, for example having a casino, we don't have to make it happen, even though we have a lot of money, building a casino is not as easy as we think, sometimes we need people who are competent in their field to build a big casino that is safe and reliable, especially of course from A security aspect that allows users' money to be hacked and that will result in massive losses for us to have to replace.

The safe way is to make the dream of building a casino just a dream without having to make it a reality, just be a responsible gambler and consider gambling as just entertainment to have fun without having to spend a lot of money and time to maintain and build a big casino full of responsibility, because it is not certain that we can sleep soundly even though we continue to get profits.  ;D

That's a common misconception that people have, they think that if a platform has a million users, a similar platform. if launched newly, wouldn't be able to get any users since the platform already operating has them all and the new platform will have to bring in the same users from that platform, but it's not true. There are a lot of people who aren't a part of the previous platform, and if you reach them before, your platform will also get the same or a higher amount of users in no time.

It's all about marketing. If your marketing team is great and they know what they are doing and how they can attract more and more users, your platform will start running very well in no time, it's all about spending money on the marketing campaigns and also keeping everything very good at the platform.

Of course even though they have a lot of money enough to open a casino, they must have enough skills and rigor even if it is not in the field of systems, If the system chart they can recruit people who are experts and pay them, but must be careful too because of course by recruiting new people to make a team do not know what their intentions will be. And as you said people who are experts in the field of systems even though they are professionals cannot be easily trusted.

To find a successful casino, of course, there will be many things to go through, especially financial problems, because in my opinion, if you open a casino, the most important thing is money, because in every casino game everything is related to money. So it's vulnerable like a casino getting into trouble not to mention the people who complain or protest about other things that make them uncomfortable, not to mention the system problems that could one day hack the casino system due to lack of accuracy in the security system.

It is very important that when we personally know about gambling and have the experience in it management, we can be able to work and control all employees that works as developers under us because we already know what they should be upto, when we have an idea, we won't be decieved by anyone, this is very important that before we begin our own casino business, we should seek for having a practical field experience in it for an effective management.

Founding is one of the most important and difficult tool for establishing a gambling site and since gambling generates a lot of profits and revenues same way it will also requires you to also have other expertise that will make the journey easy for you as a gambler,  although some time you may feels that the gap between being a gambler and operating you own casino is slim,  but then you must know that the two are also wide in opposites and that is something that most people doesn't understand,  you can gamble with money and still be ok,  but you can't operate your own casino just by having the money alone and that the reasons why you will be need other things outside money before considering to open a casino.

Although one with money can employ the services of an operator but that will also come with its own risks,  so it does better for you to have the skills needed to operate the casino.

I very much agree with that, also because now things can be done in a more Difficult way, because everyone or most of us know the great dominance of their big casinos, that it is not easy to emerge that things can turn out very hard when it comes to succeeds in this area, then things can be done very slowly, to create audiences, to create Communities where it can be accepted and of course the caisno has to do things very well, because at this point, no one forgives any mistake in a casino, and even if it is with the players' money, it is something that should not be taken into consideration, succeeding in a casino or rather succeeding in a business like a casino is hard, there are many casinos that are titans in this business, they have everything to be successful and they cannot because there are casinos that have been around for much longer, they are more trustworthy, have a high reputation and the issue here is that to build trust, reputation is something very difficult and that takes a long time.

Now things are different when it comes to casinos that have a lot of Capital , because I consider anything is easier, that's for sure, we must always see the best way to do things, because in this sense we are in full development, always There will be things to improve , the Issue of Security and game improvements is already being addressed , Everything will always be a Challenge , yes, it is good, we know that it is a very profitable Business , and that it can make a difference, but To be able to establish yourself it is very difficult to do so, you have to have a lot of pience, a great team, but as I said before, for me the most Important thing is money , a lot of money , because we don't know what even a whale is going to get out of a profit. very millionaire and the casino is in a position to pay all that, that is what it seems to me that things can happen , for that Reason it is already being realized that better things can be done with this industry that yes, it is very profitable.

it all can't be done alone. although it could be that it will be independent ownership of the new casino, managing it all will not be easy.
some people who may have difficulty with certain skills can collaborate. If they are experts in operating and developing casinos but lack capital, then they will look for investors who will fund them. that's how business works all this time. those who have money can do what they dream or plan. even though they don't have more expertise or knowledge there.

Also the reason why never go to a business that you don't fully understand and yes why would you decide to have a gambling business when you are just only looking for a profit but you don't know how to run it.
another thing is that this needs high capital and big knowledge so try not to have one instead just enjoy gambling and play with limitation.
for sure everyone wanted to have their own business than just to stay employee but it is not that easy and yes there is a lot of things to consider before owning one.

Having a casino is quite good enough to earn profits, yes once you have own your own casino then you need to spend more money for marketing in order to catch many customers. And the best thing to do is they will give some bonuses for those new in your sites then for sure many gamblers will try your services. But the main thing to maintain your customer is you need to be active in terms of technical problem cause once you solve easily and fast then for sure many gamblers will come and play.

Entering the market is difficult due to incumbent players' dominance. Innovation is the key to disruption, though. Although substantial cash is a benefit, smaller casinos can focus on niche niches or novel experiences that larger ones may neglect. Using VR or demographic-targeted games might provide a unique value proposition. It's crucial to create trust and reputation through excellent customer service and fair play. It's long but doable

Capital is important, as you said. Casinos are dynamic, thus agility and adaptability are needed. Big or small, casinos must modernize in game selection, security, and consumer interaction. Due to their modest size, smaller casinos may adjust faster to market developments. Also, financial risk management is crucial. A sustainable company model that balances risk and reward is essential, as is paying out huge winners. Smaller casinos can succeed in this competitive business with proper planning and strategic insights

I feel like establishing gambling business is very tough ride because legal procedures are very heavy to beat. But if I had casino, I would love to enjoy it every night. I would like to watch people having fun, getting some drinks. I always liked the idea of making people entertained.

With the experience we have, it will be an important factor to start a casino business which of course is a big business, with the fact that casinos are a big business that cannot be run with just one person so of course we need other people as employees with expertise in their fields to help develop the casino business that will be started, of course this big business also has a big risk that will certainly be experienced, whether it's complaints from players or others. So as much as possible we must be able to face the risks that will come well and not harm the casino business.

And also need strict supervision of the people we will make as employees, do not easily trust other people who have just been introduced because they do not know what their intentions will be in the future which can change at any time. So it's true that you said the importance of experience that must be possessed to open a casino which is a big business.

Gaining the experience to the gambling was more important one to begin the gambling site or casino.All the gambling site owner was the gambler in his past,using their experience the gambler starting their business in gambling.So building carrier important one was developing skill for the business was the important one.You should also employee the gamblers to your sites and ask their experience into the gambling.

If you are going to start the casino or gambling site,the developer should have the experience in the gambling sites or he should hold the experienced person in his team.The developer should have strict in employment of the workers to the gambling sites.So he will have good team to build the gambling sites and get the unique gambling site to the market.

If someone feels good to start a casino business, then they have to understand all the necessary requirements that is needed to take note of before the start, everything has to be planned for, because things will not just work out by mere saying them with mouth, we also have to work them out, it's demanding and also a challenge to face every of it demands, but it's really worth it when we are determined to give it all it takes to have a successful business enterprise in the gambling sector.

I think owning a casino can be very expensive especially paying the programmers that would do the job and also creating a trusted team that can deliver a nice job. Gambling platform make a lots of money from us but we might not know because there are different ways they make money which may be unknown to us. Nit everyone can own a casino just like we know that nit everyone can have their own business and own a company. Since not everyone can own a casino then we will have not option than to bet using the available casinos when it is a fiat one we are interested in or cryptocurrency casinos.

I never even imagined it this way, even when I knew about the possibilities, but yet I still did not think of how I could make my desire come true by just gathering the required amount and also the knowledge you just shared, which is essential.
 
I have read about how most people who are CEOs of some tech companies really don't know much about development. All they do is just gather the idea and have the finance, and then they can gather the developers who can do the job perfectly for them.

Then again, in the aspect of security and trust, you also nailed it with the invitation of external auditors who can also cross-check how secured the data is or if there is any form of favouritism in the coding that could benefit the developer. This is one of the things that we do also on account data's, but still having a little developing and coding knowledge will really be an added advantage to the person.

We do love a business which we know that it is really that profitable, it is really just that doesnt come cheap.  :D. We do know that this industry is never been that small.You could really be able to
tell that you would really be loving on having but we know that it wont really be that cheap and its something that not all would be able to have.If ever you do have that kind of opportunity
then of course you wont really be that letting it slip or go since we know that on how profitable this business is. It is really just that normal that you would really be needing up
that kind of basic knowledge on how to run a business something like this. You cant really just that make yourself run a business without even having that basic
knowledge on how to handle it. Of course it should be in line with your passion and interest.

The problem with a gambler operating a gambling business will only arise if he doesn't know how to manage the business very well since gambling is like every other business if you allow too much personal involvement,  you may end up harming the business in the end of the day, so the best thing to do is to conclude whether you run the business yourself or you employ a manager for the business and you operate as a supervisor and also as a customer of the casino and not owners.


This way you have proper check and financial records of the inflow, and also among another thing to get along the way is the have the technical knowledge of the whole process of what it takes to run an effective and successful casino because that line of business is high risk so it requires a lot of preparations.

You're not talking about a gambler but an addict. These are different. You can be a gambler and not an addict, and you can be an addict, but not a gambler. ;)
It's like you're trying to give business advice to someone you don't know, who hasn't even started this, but try to think of possible problems that may never arise.
Calm down about it, he's either going to make it, or not and will face a lot of problems along the way that you'll never be able to predict.

I wasn't able to decipher anything in what you said...
Did you actually say "you can be an addict but not a gambler"?? How's that possible?? I don't get..? What's the addiction about if not gambling??

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it's also very abnormal to have such an ambition as an addict - no matter how interesting the idea might look, there's every tendency that the casino doesn't even last the next few weeks...

Sandra 🧑‍🦰

Starting a casino business is as interesting as having every necessary and required details of how to go about doing it without being misled or misguided, there are many things in demands from us to do this if we are truly ready to give it all it takes, we also have to maintain a strict business ethics in a work environment under a coordinated atmosphere, financial demands is inclusive for us to know that such could be what will lead to it sustainability, if you want to see it always running like other casinos.

Everything related to casinos is quite expensive, fast servers are needed as players want to have a website that loads as fast as possible, you need customer support, coders, game providers and security experts which can deal with the many attacks your casino will suffer coming from hackers, so when you think about it a casino is probably one of the most expensive business a person can plan on creating, which explains why only those that have millions of dollars in resources try to do so now.

Honestly I myself cannot understand with ""Starting a casino business is as interesting as having all the necessary and necessary details on how to do it without being misled or misled" that you said, can you explain more specifically? so that I myself can understand it.

Because casinos are related to money, and money has an important role in this. of course this is a guide to what the future will be like, because all casinos must deal strongly with money because in every game related to money so there must be money that must be paid for the winners who gamble. if you don't pay the player's winnings, the casino will be labeled bad by the players, they can also spread information regarding their winnings that are not paid by the company and will spread bad rumors about the casino that has cheated them. Even I myself have experienced this, I once got a win but when I cashed it I waited a long time until there was no response at all from the casino. So the role of money in the casino will determine the future for the casino.

That's the most important thing for any business is to keep the customers satisfied so that they don't leave and always use the products and services of this business only and that's a challenging thing to do for any business because it's not that easy to satisfy every customer and there will surely be problems along the way. However, if a business can manage to satisfy the majority of its customers, they will still be on the positive side and the business will stay profitable.

For a casino to do that, they will have to provide the best services, especially customer service should be top-notch, as you said, so that a customer who complains about something should get that issue resolved pretty quickly before they start getting frustrated and leave the platform for another one. Other than that, games, quality and user-friendliness of the platform, and many other small things can matter like the UI of the platform, etc.

It definitely is a tough ride, I assume that the casino license is just like getting a normal business license so that means that there is a possibility that getting one is going to be overwhelmed with paperwork so a lot of trips to the government agency that will handle the issuance of the license plus there is probably a capital or a payment for the licensing right? That is just the license part is already tedious and then you have to choose the location of your casino, find employees and manage the daily operations which is labor intensive and definitely mentally draining for the owner unless they have a partner or there is a manager that will shoulder some of the burden. Maybe if someone really is ambitious, they might be able to materialize the dream of having their own casino but if they are not then it will continue to just be a dream. To answer OP's question, I do dreamt of having my own casino, it is an easy money business and at the same time the house always wins so it is not that bad of a dream at all to have, it is not like you are planning to materialize it so there is nothing wrong with dreaming of having to own a casino.

Own your own casino? I hope that when I do, it doesn't show that I own the casino. Preferring to stay behind the scenes and let others not know about it. But do you mean an online or offline casino? Here I would prefer to have an online casino that operates widely, maybe the rules are not much different from the casino I use such as only accepting crypto payments. Using fiat is definitely not a good option amid high casino taxes and most countries consider it Illegal.

Just wondering how much does it cost to build an online casino, such as hiring developers, promoters, etc well never thought of this business before. This business is definitely very lucrative, especially since you can become famous and sponsor big events or sponsor soccer clubs.

The casino owner and casino team will definitely provide the best service to their customers because they understand that if the customers are satisfied, the business will continue to operate and provide even more profits. The casino will also get a good position so that it can become a casino that many members trust and they will spread the link to many social media to help promote the casino. By creating their own casino, casino owners can make more profits, and that means they will earn a lot of money from their casino.

This is what casino owners who have been successful in running their casinos have done. If you want to build your casino, you have to prepare all the plans and also the capital to build the casino because it is a lot of money. That's what makes only a few people able to build a casino because a lot of capital hampers them.

I would imagine that at minimum a few millions of dollars are needed to create your own casino as not only the expenses are huge but the need for capital is also very high, as a casino needs to have money to pay their clients in the case they win, and if the capital they destined towards this was too small they will have to either offer very low maximum limits to their clients or increase their risk of bankruptcy above zero, and neither of those two options seem appealing to me.

You're blowing this way out of proportion because I just said I don't want to work in my business or even owning one because it's tedious, can you really not believe that there's a person out that doesn't have the aspiration to be an entrepreneur? You're in for a surprise then and you should learn not to have the expectations that everyone's the same as you.
No I am not reliant on my crypto investments or anything like that, I have a work that I love because of the hours and the free time that I get is just that fine for me, you guys never know what contentment is so you can't fathom that there's a person that can live like this. I am not gambling that much my guy, again, you're comparing me to yourself as if you're the model citizen for everyone to follow. To make things clear for you, I am a salaryman, I enjoy my free time and I am content with all I have right now and if things improve then so be it but right now, no aspirations to be a business owner.

The first is that just setting it up requires very large amount of money and when the casino has been established until it is launched publicly, the owner has to pay the team salaries even though they cannot make much money at the start of opening the business.
Secondly, the owner has to put a certain amount of money in the casino bankroll to pay for each of their customers winnings, not to mention problems such as customer fraud and having to deal with taxes and other things related to licensing.
It is not easy to set up casino and not everyone can actually have successful casino, just look at quite number of casinos that have gone bankrupt and they have even lost income because they lost in competition with other casinos that have sprung up.

Having the thought of building business is an advanced thought and can also make someone more responsible, but not everyone can make it happen.

That is true and people who own a casino knows that is true and also they know that even if people win big and they start by losing million of dollars to pay their customers,after that more million dollars will come flowing to them to make the business create huge residual income for the owners.People who want to start a casino having only small capital usually don't end well,with scamming or going bankrupt and not being able to pay their customers,so in order to own your own casino you have to have a huge initial budget.

Having your own casino will take you a long years before it will be able to function and secure like other online casino in my country because, you have to pass through the government of your country and some of your personal details which it may cause you some fear not to provide such document. But if you want to create it for business purposes, it will help you to make enough profits from the casino if you are online influencers and many gamblers trust you and your license you used to create the casino.

I don't think, I will ever own casino because,I will be loosing money daily because I will feel is my own let me gamble as I like not knowing that my money is burning at the process, but using other casino, my daily budget is $4 gambling and I don't gamble more than $4 daily.

Well, what happens is that I assume this case to be the most extreme in this , that if the minimum deposit is about 2000usd, and that this person Starts playing in a slot where a very large multiplier appears, and that rises to very large amounts, as in the case of stake.com where a player is capable of betting up to 700usd or more in a single shot, and he/she comes out the Winner, how could he/she do that? esop in the case of only 1 whale, there could be many whales on the site, even so it is something that is very difficult for me to believe happens, but it is within the possibilities and fits into some statistics, the biggest Failure that can occur in a casino is that it does not have the money to be able to cover these winnings of some Players , Apart from the winnings that are minimal, but from a large audience, that is something that can be interpreted as strong, because the casino may have money, but not that much, in fact. When this happens to a casino, I imagine that is when very desperate measures are taken,

Among these desperate measures is to implement automatic replays, where they study each player's way of playing to see if they find a bug in the game, or a bug in the program, or simply apply that strategy that If you are a regular player, then you will bet on those winnings and you can lose them to such a magnitude that you cannot do anything, it is something incredible but it can be like that, in fact it has happened and some players complain because they need to do something like that, then this type of case can be presented, and in fact I don't know if it has happened in casinos that are not relatively new, but a casino with an already established response at the time of doing something like that, since it is easy for the response to fall, cannot I would like to be more sure of that, but many things need to be done to ensure that something like this does not happen, and also the good luck that the casino has, some casinos that start with little capital because They are not doing so well.

I have a pretty good buddy from this forum that I know owns a few casinos in his home-land. He's shared a few photos of it, and it's very cool.  It does make me wish that I had a similar set up.  The closest I've ever gotten to it is in college my buddies and I started a small casino in our houses basement. We had some basic games like roulette and poker.  We also took sports bets.  It would be nice to pick that up again.

Without a doubt the dream of owning a casino is very attractive for many people, since we have an idea of how much money a casino may earn each day and that is money that it could allow an average person to live for a long time without having to work and with a good standard of living, but when you think about it all what it entails to create your own a casino, and the low chances that it could succeed then it is not really a surprise that many people give up even before they take a single step to achieve this dream.

If you have the money, you won't need years to see your casino fully functional because you can hire developers and anyone else who can work on your casino. If you understand the ins and outs of casinos, including the codes, you can do it yourself or with other people so it will take a short time to run the casino. For government issues, you can give it to your lawyer so they can help resolve it. If everything is ready, you can announce it to many sites, including this forum so you will start getting the profits.

Having a casino requires a lot of money, especially to promote it so that more gamblers come and gamble at your casino. That is why only a few people can build a casino and prefer to gamble at a trusted casino. We can only gamble as gamblers and hope to win a lot of money someday.

If it's for business purposes then you cannot keep your identity a secret, that's given for business owners that are registered legally.
The reason why there are more illegal gambling sites in the world is not because they don't have enough money but it's also because of the taxation that is partnered with it. Sin tax. The government wants more from them and that means half or most of the profits of a gambling site will go to the government through tax.
Being a casino owner is not just about being free to play anytime, it means security checking, financials, and a lot more. Even the designated area of the physical casino needs to be examined because it can not be too close to the residential as that is also part of the rules of creating a gambling area.
Then, the documents. This is where it gets tricky especially if the country at where it will be erected is a corrupted one. Connections with the higher-ups are a must to make the documents run smoothly.

It's really enticing to build your own casino especially if you have the resources to do so. Gambling industry has been booming ever since and it was at its peak specifically during the pandemic. While it is profitable, it has its risks as well so it's really important to know your plans, organize it well, and execute it with caution. Having impulsive decisions on building a business could cost you big time. So careful consideration is really essential to have a sustainable business. Long term goal has to be looked up to as well, and not only the short term.

Wooh this is so exciting to know,  having members of this forum owning a casino of whatever nature,  although I have also seen one or two legendary members like Lightlord who owns Betvist and other casinos that have been very active in the gambling market for several years now,  but also I can't tell if he is a gambler himself and whether he already owns and operated those casinos before coming to the forum.

But in a general opinion, seeing a core gambler owning a casino will be a highly motivating thing for me in person since that defines the true success most especially if the casino is built from winning money.

The resources needed to build your own casino is probably the main reason that is going to stop many people from trying to follow their dream, and this is because we are talking about a massive amount of money that most people will not even earn in a lifetime, and when you considered that such a business is not only a very expensive one to start, but also one that is very risky as well, as there are many casinos that have garnered a great reputation already and that have a huge market share, then it is understandable that many people simply decide to give up on this idea relatively quickly.

It's a very grandiose dream, maybe many people dream of having a casino business because the profits are very promising, in the sense that we don't need to bother making money, we just have to stay at home and run the casino that we own and the money. will come every day.

However, to have your own casino company you need quite a lot of capital, and of course in the future there will be obstacles and the most important thing is that a casino owner must have a responsible and disciplined attitude, and must be ready to accept whatever the conditions are, namely profits and losses that he will definitely experience. .

All aspects must be fulfilled if you want to set up casino business and not only resources but also must have trusted people who can be relied on to be part of the casino team with their respective parts of the work because there are many parts that must be taken on by everyone on the team.
The most difficult thing is team that can maintain security and can really provide security so that bad things like hacking don't happen and the second is team in the promotion section where they have to be able to attract lots of gamblers to sign up and deposit to bet.
Anyone can do it but very few people can really trust it and can do it well.
We can use as an example several scam sites that initially failed to develop and they carried out various frauds to recover losses in building and developing when they first entered the gambling industry market.
And everyone really has to think carefully and even take lot of considerations because this business is intended as long-term business that is full of risks and lots of competition.

It's not easy to be a casino owner, many people set their minds in the money making part but not the challenges that comes with owning a casino, it's not easy as you think.

To be a successful casino owner you need to check out gambling website reviews on your own, have taste of what users are complaining about, might be on the tech side or even the games, focusing on customers experience is what will take you higher, if customers gets a new vibe and experience using your casino they will always come back.

Valuing and respecting customers and employees also have it's part to play, you need to make people around you feel valuable, a welcoming environment is very helpful for your business.

Also learn to stay ahead of the game by been flexible and adaptive, business strategy is very crucial to make a casino function better, if you want to run over other competitors this have to be considered.

You also need to invest a lot of money on development and trained workers, a greedy business owners always end up with unqualified employees, because they are too stingy to pay the right amount for the qualified people.

All these are a big challenges for someone like me, I have always think about how rich you can be when you have a casino of your own but I am not ready for all these challenges.

In the long term, having an online casino is still a promising business because there is a possibility that many businesses will start switching to online services. With the development of internet technology going in an even better direction, many businesses are trying to shift their business online to be able to reach more consumers. With the internet, they can get consumers from many countries, so this provides an opportunity to make even bigger profits. And yes, the recent pandemic opened the way for companies to develop their business via the internet network. And if we can have a lot of money, we can create our own casino so that we can get lots of consumers who will gamble, and that will provide benefits for us.

Easy to say but if we do try to dig through on what are the hassles, and things that you would be needing then it would be a long list.

1. Need huge capital
2. Need up that passion towards gambling
3. Staff handling
4. Game offering
5. Site maintenance
6. Staffs
7. Very tight security
8. Licenses and other correlated stuff
9.. and soo much more....

If you dont like for your head to ache then its better not to run one. Even if we are interested but the capital
or money involved isnt something that too small or simply it is really just to those rich people who are really capable
on running one and since we are just small fishes then better not to bother yourself.  :D