New Bitcoin Gambling Website Investors Needed

[tobeyrowe]

Hi, I am talking with a developer about building an Online Bitcoin Casino and I will need help in paying the developer, the domain name, hosting for the domain name, hosting for the website, Bitcoin to pay out to anyone who wins if I don't make enough money by that time to pay for their winnings, and to have some backup money just in case something comes up or goes wrong or just any thing that may happen. So I am asking for investors to invest a total amount of 100 Bitcoin which I know is a lot but I suspect I will need every Satoshi of that to get this casino built and off the ground. Now even once the casino is built and its up and running I of course cannot guarantee that it will succeed so please do not invest unless you are willing to take the lose if it does not go well. Also the investment will be for 50% of the casinos profits but I want to let you know now two things. So the investors will receive 50% of the profits from the casino and then when I am able to I will buy back the investors shares I will ask if they would be willing to sell. So I will setup a Google Form for new investors to put in how much they are investing and their transaction ID so I can confirm that they actually invested and I will also setup a Google Spreadsheet of the list of investors and how much they invested so not only I can keep up with the investors but also so the investors can look at it and confirm that their investment has been documented. If any problems come up on my end I will post a comment about it on here as soon as I can and if any problems were to come up on the investors end like for example your investment was not documented then please email me at austin11rowe@gmail.com so we can resolve the issue but if there is a problem please do not comment about it instead of emailing me because even though I will try my best to read every single comment but I cannot guarantee that I will be able to do so if there are a lot of comments and even if I am I cannot guarantee that  it will be in a reasonable amount of time so please just email me about it. Thank you and I will be updating this post very soon with the form to fill out when you invest and the list of investors. Also my Bitcoin address is 1CKTiVKpk2ZRyaytUsvvAwX5VjgwDZUuKT and that address goes to a wallet that is specifically for the investments and will not be used for anything else. Also if I do not get at least 15 Bitcoin then I will probably not be able to get the casino and I will of course refund all of the investors as soon as possible. Thank you all for reading and hopefully investing.



!!!UPDATE!!!

I just made the investors form and now I will make the list of investors. Here is the link to the investors form. Also if you want to invest but the form asks for your first and last name just put in like half of your username in the first name section and the other half in the last name section.

https://goo.gl/forms/PN1CmPfLb4ZsqEOC3


!!!UPDATE!!!

I just made the list of investors but of course there are no investors just yet so it will be empty but once investors start investing I will add their information in as soon as possible so if you invest please allow between 24-48 hours for me to update the list of investors to put you down on the list. Thank you.

https://docs.google.com/spreadsheets/d/1nuwNmijw87lpp95RUsRFjSKLC7dzxQ7YWqVUo-BjJPc/edit?usp=sharing


!!!UPDATE!!!
If you invest please do not invest a bunch of small amounts but if you do I will more than likely just add them all up and put it down as one single investment on the list of investors so that way it is easier to do the payouts of the 25% of the profits made.  Also I do not know exactly when payouts will be made when the casino starts making money whether it will be once a week, month, or quarter but it will more than likely be once a month. Thank you.

!!!UPDATE!!!

I had to change the Bitcoin address due to the wallet that I downloaded specifically for this got stuck in the syncing process so I couldn't use it.

[AcoinL.L.C]

Several issues here:

1. No one is going to give you their first and last name so that you can put it in a publicly viewable google doc.

2.

Hi, Thank you for your comments and I have decided to try to start an online cryptocurrency casino so if that plays out right then I may not even be able to have enough time to dedicate to this website. The casino idea was kind of just a last minute thing that I have decided to look into because I thought it would be a good idea to make some money.

3. 15BTC is not nearly enough to start a casino. Depending on the amount of features/games you want, you will spend a large portion of that 15 BTC (if not all of it) on software. Going cheap on development will almost certainly result in a shitty product thats not secure.

4. You are not offering nearly enough equity, you are asking for investors to foot 100% of the risk for a 25% profit cut (not even equity). It doesn't sound like you are contributing any of your own capital, you are not a developer, and you don't have any experience in the sector.

[tobeyrowe]

Several issues here:

1. No one is going to give you their first and last name so that you can put it in a publicly viewable google doc.

2.

Hi, Thank you for your comments and I have decided to try to start an online cryptocurrency casino so if that plays out right then I may not even be able to have enough time to dedicate to this website. The casino idea was kind of just a last minute thing that I have decided to look into because I thought it would be a good idea to make some money.

3. 15BTC is not nearly enough to start a casino. Depending on the amount of features/games you want, you will spend a large portion of that 15 BTC (if not all of it) on software. Going cheap on development will almost certainly result in a shitty product thats not secure.

4. You are not offering nearly enough equity, you are asking for investors to foot 100% of the risk for a 25% profit cut (not even equity). It doesn't sound like you are contributing any of your own capital, you are not a developer, and you don't have any experience in the sector.

1. Thank you for telling me about the first and last name thing because I wasn't even thinking about it like that and I will change it now.

2. yes I know 15 Bitcoin is not enough so that's why I would have to put in some of my own money if I could not raise the amount I need which is 50 Bitcoin but the 15 Bitcoin is just enough to get the software nothing more and that's only because the person that's doing it needs the money and is willing to do it for cheaper.

3. You are right I should probably offer more percentage of the profit and I was thinking about that soon after I posted it. So I came up with an idea of 1 Bitcoin for one percent of the business to make up a total of 50% for the 50 Bitcoin I need and the reason I put it in that way is so that if I do not raise the total 50 Bitcoin then I will just say for each Bitcoin that was invested that would be one percent.

[MartinL]

3. You are right I should probably offer more percentage of the profit and I was thinking about that soon after I posted it. So I came up with an idea of 1 Bitcoin for one percent of the business to make up a total of 50% for the 50 Bitcoin I need and the reason I put it in that way is so that if I do not raise the total 50 Bitcoin then I will just say for each Bitcoin that was invested that would be one percent.

Unfortunately your proposal remains very unrealistic. Even completely disregarding the considerable counterparty risk it is a bad deal for investors.

Think of it this way: If investors contribute 50 BTC and get a claim to 50 % of the profits–not even equity–then the whole venture must be worth at least 100 BTC, which in turn means you would be receiving at least 50 BTC in equity without taking on any financial risk.

What are you bringing to the table that is worth 50 BTC?

[tobeyrowe]

Well the whole purpose was for this to not be an actual investment of the business for investors but more of a loan because like I said I would be buying back the investment once I get the money to do so. And the investors would receive their money back plus like 5-10 percent plus the 50% of the business until I can buy it back. So its not a question of what am I bringing to the table that's worth 50 Bitcoin because it's more of just a loan.

[tobeyrowe]

I just put down the 50% of the profits to make it more intriguing to the investors to want to invest but it's more of just a loan.

[MartinL]

Well the whole purpose was for this to not be an actual investment of the business for investors but more of a loan because like I said I would be buying back the investment once I get the money to do so. And the investors would receive their money back plus like 5-10 percent plus the 50% of the business until I can buy it back. So its not a question of what am I bringing to the table that's worth 50 Bitcoin because it's more of just a loan.

There is a big difference between an equity investment and a loan. Perhaps you should post in the lending section instead.

In any case you are almost certainly wasting your time. A reasonable investor does not loan anonymous persons $10,000–let alone $30,000–in unseizable currency.

[tobeyrowe]

Well I have seen people give money to Altcoin ICOs without knowing who they were or having anyway to take back their money in case of anything happening. In fact I invested in one called Bitsynq which I didn't invest but around $60-$70 but still they made like 38 Bitcoin i believe it was and now it seems to be a scam and no one can get their money back. But my point is that people are apparently willing to invest in things that they cant have any control over but even though mine is legit I'm just saying that people are willing to invest in scams so why wouldnt they invest in something legit.

[tobeyrowe]

Also the reason I put this as sort of a loan is because I initially wanted to put it on a Bitcoin stock market and I tried doing it on BTCPOP but their IPOs are not working right now and they said it could be months before it's fixed and I don't know of any other stock exchanges that use Bitcoin that I can post this on so I just figured I would do it as a loan. But if anyone knows of a Bitcoin stock exchange that I can post this on then please let me know so I can do that instead of the loan.

[ranlo]

Well the whole purpose was for this to not be an actual investment of the business for investors but more of a loan because like I said I would be buying back the investment once I get the money to do so. And the investors would receive their money back plus like 5-10 percent plus the 50% of the business until I can buy it back. So its not a question of what am I bringing to the table that's worth 50 Bitcoin because it's more of just a loan.

There is a big difference between an equity investment and a loan. Perhaps you should post in the lending section instead.

In any case you are almost certainly wasting your time. A reasonable investor does not loan anonymous persons $10,000–let alone $30,000–in unseizable currency.

The bigger issue here is that even structured as a "loan," this is a horrible deal. Again, investors front 100% of the risk for a small portion of the profit. And if someone came to him to buy the site, he'd owe you absolutely nothing, getting 100% for himself.

It's just a really bad idea: his knowledge of the sector isn't nearly enough to warrant such a high risk with low rewards. If he had many highly successful sites in his portfolio that he built up, it would be different. But he doesn't. As such, most of us who WOULD possibly be interested would absolutely have to get equity, and with that would come some control over its direction.

[darety1]

It's seems risky to invest this way. Nothing guarantees the income...

[tobeyrowe]

Well the whole purpose was for this to not be an actual investment of the business for investors but more of a loan because like I said I would be buying back the investment once I get the money to do so. And the investors would receive their money back plus like 5-10 percent plus the 50% of the business until I can buy it back. So its not a question of what am I bringing to the table that's worth 50 Bitcoin because it's more of just a loan.

There is a big difference between an equity investment and a loan. Perhaps you should post in the lending section instead.

In any case you are almost certainly wasting your time. A reasonable investor does not loan anonymous persons $10,000–let alone $30,000–in unseizable currency.

The bigger issue here is that even structured as a "loan," this is a horrible deal. Again, investors front 100% of the risk for a small portion of the profit. And if someone came to him to buy the site, he'd owe you absolutely nothing, getting 100% for himself.

It's just a really bad idea: his knowledge of the sector isn't nearly enough to warrant such a high risk with low rewards. If he had many highly successful sites in his portfolio that he built up, it would be different. But he doesn't. As such, most of us who WOULD possibly be interested would absolutely have to get equity, and with that would come some control over its direction.

Okay i understand your concerns so I will offer 50% of the profits and 50% equity to the investors which will be divided out between the investors equally according to their size of investment. But i do want the option to buy back the profits sharing/equity from the investors eventually without the hassle of the investors not wanting to sell, thats the only problem i have is i dont want to not be able to buy back the rest of the business. So if the investors can agree that no matter how big and successful the casino may get i will be able to buy it back according to the value of the share of the business at the time i am able to buy the shares back then i will be fine with giving up half of the equity for now. If you have any other concerns please feel free to comment them below so i can address them as soon as possible. Thank you.

[tobeyrowe]

It's seems risky to invest this way. Nothing guarantees the income...

Sorry i almost forgot about your comment. I know its risky because there is no guarantee that the casino will do as well as i hope it will but i know i will do my best to make it successful and be able to make a good profit off of it. And also just like with any investment their is no guarantee including with government bonds because for all you know they could run out of money and wont be able to pay you back so even though government bonds are suppose to be a guarantee but my point is that nothing is a guarantee investment including so called guaranteed investments such as government bonds its just a risk you have to take if you invest in something. And i dont know how to put it in any other way to help make you guys want to invest because im not going to lie and say ots a guarantee because its not its just a risk that the investors and I would have to take. But I may not be taking as much of a financial risk as the investors since they are putting up most of the money but i am still taking a risk including my time and effort that will be put into running and promoting the casino and some of my savings if it comes down to it that i need to put some of my savings into it because i dont want to make the investors have to put in all of the money if there is more to be done that requires more money than what they put in initially.

[AcoinL.L.C]

Well the whole purpose was for this to not be an actual investment of the business for investors but more of a loan because like I said I would be buying back the investment once I get the money to do so. And the investors would receive their money back plus like 5-10 percent plus the 50% of the business until I can buy it back. So its not a question of what am I bringing to the table that's worth 50 Bitcoin because it's more of just a loan.

There is a big difference between an equity investment and a loan. Perhaps you should post in the lending section instead.

In any case you are almost certainly wasting your time. A reasonable investor does not loan anonymous persons $10,000–let alone $30,000–in unseizable currency.

The bigger issue here is that even structured as a "loan," this is a horrible deal. Again, investors front 100% of the risk for a small portion of the profit. And if someone came to him to buy the site, he'd owe you absolutely nothing, getting 100% for himself.

It's just a really bad idea: his knowledge of the sector isn't nearly enough to warrant such a high risk with low rewards. If he had many highly successful sites in his portfolio that he built up, it would be different. But he doesn't. As such, most of us who WOULD possibly be interested would absolutely have to get equity, and with that would come some control over its direction.

Okay i understand your concerns so I will offer 50% of the profits and 50% equity to the investors which will be divided out between the investors equally according to their size of investment. But i do want the option to buy back the profits sharing/equity from the investors eventually without the hassle of the investors not wanting to sell, thats the only problem i have is i dont want to not be able to buy back the rest of the business. So if the investors can agree that no matter how big and successful the casino may get i will be able to buy it back according to the value of the share of the business at the time i am able to buy the shares back then i will be fine with giving up half of the equity for now. If you have any other concerns please feel free to comment them below so i can address them as soon as possible. Thank you.

You seem to want the best of both worlds.. Investor takes all the risk and you take all the potential (forced buybacks). 50 BTC also would not be enough to get this going (by the way), you really should have at minimum 100 BTC set aside for a bankroll or its not even worth attempting.

[ranlo]

Well the whole purpose was for this to not be an actual investment of the business for investors but more of a loan because like I said I would be buying back the investment once I get the money to do so. And the investors would receive their money back plus like 5-10 percent plus the 50% of the business until I can buy it back. So its not a question of what am I bringing to the table that's worth 50 Bitcoin because it's more of just a loan.

There is a big difference between an equity investment and a loan. Perhaps you should post in the lending section instead.

In any case you are almost certainly wasting your time. A reasonable investor does not loan anonymous persons $10,000–let alone $30,000–in unseizable currency.

The bigger issue here is that even structured as a "loan," this is a horrible deal. Again, investors front 100% of the risk for a small portion of the profit. And if someone came to him to buy the site, he'd owe you absolutely nothing, getting 100% for himself.

It's just a really bad idea: his knowledge of the sector isn't nearly enough to warrant such a high risk with low rewards. If he had many highly successful sites in his portfolio that he built up, it would be different. But he doesn't. As such, most of us who WOULD possibly be interested would absolutely have to get equity, and with that would come some control over its direction.

Okay i understand your concerns so I will offer 50% of the profits and 50% equity to the investors which will be divided out between the investors equally according to their size of investment. But i do want the option to buy back the profits sharing/equity from the investors eventually without the hassle of the investors not wanting to sell, thats the only problem i have is i dont want to not be able to buy back the rest of the business. So if the investors can agree that no matter how big and successful the casino may get i will be able to buy it back according to the value of the share of the business at the time i am able to buy the shares back then i will be fine with giving up half of the equity for now. If you have any other concerns please feel free to comment them below so i can address them as soon as possible. Thank you.

You seem to want the best of both worlds.. Investor takes all the risk and you take all the potential (forced buybacks). 50 BTC also would not be enough to get this going (by the way), you really should have at minimum 100 BTC set aside for a bankroll or its not even worth attempting.

This. You're in a new business that you're not already deeply connected with and involved with. You're asking us to invest and limit our profit -- investing is a risk vs. reward situation. This is a high-risk situation no matter WHAT you offer -- even if you offered up 100% of the equity AND profit to investors. As a result, you have to offer up the high-reward side of it as well or nobody is going to bite. When you ask us to limit our reward when we take the ENTIRE risk, that's just asinine. The entire point of even considering an investment would be to watch the site grow and reap the rewards.

[tobeyrowe]

Well the whole purpose was for this to not be an actual investment of the business for investors but more of a loan because like I said I would be buying back the investment once I get the money to do so. And the investors would receive their money back plus like 5-10 percent plus the 50% of the business until I can buy it back. So its not a question of what am I bringing to the table that's worth 50 Bitcoin because it's more of just a loan.

There is a big difference between an equity investment and a loan. Perhaps you should post in the lending section instead.

In any case you are almost certainly wasting your time. A reasonable investor does not loan anonymous persons $10,000–let alone $30,000–in unseizable currency.

The bigger issue here is that even structured as a "loan," this is a horrible deal. Again, investors front 100% of the risk for a small portion of the profit. And if someone came to him to buy the site, he'd owe you absolutely nothing, getting 100% for himself.

It's just a really bad idea: his knowledge of the sector isn't nearly enough to warrant such a high risk with low rewards. If he had many highly successful sites in his portfolio that he built up, it would be different. But he doesn't. As such, most of us who WOULD possibly be interested would absolutely have to get equity, and with that would come some control over its direction.

Okay i understand your concerns so I will offer 50% of the profits and 50% equity to the investors which will be divided out between the investors equally according to their size of investment. But i do want the option to buy back the profits sharing/equity from the investors eventually without the hassle of the investors not wanting to sell, thats the only problem i have is i dont want to not be able to buy back the rest of the business. So if the investors can agree that no matter how big and successful the casino may get i will be able to buy it back according to the value of the share of the business at the time i am able to buy the shares back then i will be fine with giving up half of the equity for now. If you have any other concerns please feel free to comment them below so i can address them as soon as possible. Thank you.

You seem to want the best of both worlds.. Investor takes all the risk and you take all the potential (forced buybacks). 50 BTC also would not be enough to get this going (by the way), you really should have at minimum 100 BTC set aside for a bankroll or its not even worth attempting.

This. You're in a new business that you're not already deeply connected with and involved with. You're asking us to invest and limit our profit -- investing is a risk vs. reward situation. This is a high-risk situation no matter WHAT you offer -- even if you offered up 100% of the equity AND profit to investors. As a result, you have to offer up the high-reward side of it as well or nobody is going to bite. When you ask us to limit our reward when we take the ENTIRE risk, that's just asinine. The entire point of even considering an investment would be to watch the site grow and reap the rewards.

You know what your right, I dont know what i was thinking. i guess i was thinking of it more on the loan side of things but since the investors wouldnt be loaning but instead has equity in the business then i should not be asking to have the people who allowed me to get a successful business not be able to reap the rewards of it all the way through. So investors will have equity of 50% and i will even give 75% of the profits for the first few months to a year just to get the investors interested in this project. Because i know i can make this work and be very successful because i have personally have experience in business in a different sector but still business and i have lots of family who will give their support in knowledge of business which they have lots of but they just are to greedy to invest in anything else because they are already set for life almost from their businesses. And i will also i hope have the support in knowledge from the investors as well to help get ideas for the business. So if this new proposal of 50% equity and 75% of the profits for the first few months to a year and then back down to 50% for as long as they decide to hold on to their equity then please invest. And also i will NOT force the investors to sell their equity back to me but i will ask if they are willing to sell when i am able to buy it back but it will not be a requirement for them to sell. So if you have any more questions or concerns please comment below and thank you for your time and consideration in investing.

[tobeyrowe]

Also it has been brought to my attention from one of the comments that I should be asking for at least 100 Bitcoin to get this started because it will be needed for bankroll and stuff. I honestly didn't think I would need that much but if that's the case I will need to ask for 100 Bitcoin to get the casino started because I must have underestimated the amount needed for bankroll and everything. And I am glad that it was brought to my attention before I started getting investments because then I would have had to ask for more later on and I don't want to put my investors in that situation where they have to invest more than what they were told they had to invest. So I will edit my initial post about the amount of Bitcoin needed to 100 Bitcoin.

Edit: I also fixed the initial post where it stated only 25% of the profits would be given to the investors and they would have to sell their share back when I can buy it to it being 50% of the business equity and the investors not having to sell if they do not want to.

[ranlo]

Also it has been brought to my attention from one of the comments that I should be asking for at least 100 Bitcoin to get this started because it will be needed for bankroll and stuff. I honestly didn't think I would need that much but if that's the case I will need to ask for 100 Bitcoin to get the casino started because I must have underestimated the amount needed for bankroll and everything. And I am glad that it was brought to my attention before I started getting investments because then I would have had to ask for more later on and I don't want to put my investors in that situation where they have to invest more than what they were told they had to invest. So I will edit my initial post about the amount of Bitcoin needed to 100 Bitcoin.

Technically, 100 is on the low side of things. Assuming you go with the average Kelly risk ratio, you'd be looking at a 1 BTC max. win. This is fairly small, though it's not necessarily going to make or break the site as long as it grows. That said, you have to account for marketing expenses and everything else as well.

Your previous post was a step in the right direction. The next is... do you have a business plan mapped out already? If so, that's something you should be sharing with interested parties. Technically, a couple of us in the thread are already deeply involved in this sector so we already know most of what you'll be putting in there, but this helps us see that you understand what you're getting into as well (and for those who AREN'T knowledgeable about the sector, it ensures they understand it).

[tobeyrowe]

My business plan is not necessarily written out professionally but it still states all of my plans and such for the business.

I will need at least 100 Bitcoin to get the casino started and have bankroll. I got an estimate of roughly 20 Bitcoin for the building of the custom Bitcoin Casino website which includes all of the things needed to run an online Bitcoin Casino, five games or more depending on how complex the games will be, and technical support from the developer if needed. I estimate the cost of server hosting to be two Bitcoin a year based off of what the developer stated about server hosting packages. I also estimate the cost of promotions and advertising to be 10 to 15 Bitcoin or so. Which all of that comes out to be roughly 32 to 37 Bitcoin, plus the cost of bankroll, Miscellaneous costs, and to have some Bitcoin set aside in case something comes up and it is needed. I plan to advertise on Bitcoin forums, websites, Facebook, possibly Google Adsense if I can figure out how to do so which I haven't looked into that yet, and other miscellaneous places to advertise on. as far as revenue goes I have done some calculations on the number of online Bitcoin Casino and how big the online Bitcoin gambling industry is and I came to the conclusion that averaged out each Bitcoin Casino has done roughly 10,416.67 Bitcoin per year worth of gambling and with a 1% edge that would be roughly 104.67 Bitcoin per year in profit minus the operating costs. Which I except the casino to do around that much within a year or two. I can't think of what else to post about for expenses and revenue but if you guys have any specific questions to ask please do so.

[ranlo]

My business plan is not necessarily written out professionally but it still states all of my plans and such for the business.

I will need at least 100 Bitcoin to get the casino started and have bankroll. I got an estimate of roughly 20 Bitcoin for the building of the custom Bitcoin Casino website which includes all of the things needed to run an online Bitcoin Casino, five games or more depending on how complex the games will be, and technical support from the developer if needed. I estimate the cost of server hosting to be two Bitcoin a year based off of what the developer stated about server hosting packages. I also estimate the cost of promotions and advertising to be 10 to 15 Bitcoin or so. Which all of that comes out to be roughly 32 to 37 Bitcoin, plus the cost of bankroll, Miscellaneous costs, and to have some Bitcoin set aside in case something comes up and it is needed. I plan to advertise on Bitcoin forums, websites, Facebook, possibly Google Adsense if I can figure out how to do so which I haven't looked into that yet, and other miscellaneous places to advertise on. as far as revenue goes I have done some calculations on the number of online Bitcoin Casino and how big the online Bitcoin gambling industry is and I came to the conclusion that averaged out each Bitcoin Casino has done roughly 10,416.67 Bitcoin per year worth of gambling and with a 1% edge that would be roughly 104.67 Bitcoin per year in profit minus the operating costs. Which I except the casino to do around that much within a year or two. I can't think of what else to post about for expenses and revenue but if you guys have any specific questions to ask please do so.

My business plan is not necessarily written out professionally but it still states all of my plans and such for the business.

I will need at least 100 Bitcoin to get the casino started and have bankroll. I got an estimate of roughly 20 Bitcoin for the building of the custom Bitcoin Casino website which includes all of the things needed to run an online Bitcoin Casino, five games or more depending on how complex the games will be, and technical support from the developer if needed. I estimate the cost of server hosting to be two Bitcoin a year based off of what the developer stated about server hosting packages. I also estimate the cost of promotions and advertising to be 10 to 15 Bitcoin or so. Which all of that comes out to be roughly 32 to 37 Bitcoin, plus the cost of bankroll, Miscellaneous costs, and to have some Bitcoin set aside in case something comes up and it is needed. I plan to advertise on Bitcoin forums, websites, Facebook, possibly Google Adsense if I can figure out how to do so which I haven't looked into that yet, and other miscellaneous places to advertise on. as far as revenue goes I have done some calculations on the number of online Bitcoin Casino and how big the online Bitcoin gambling industry is and I came to the conclusion that averaged out each Bitcoin Casino has done roughly 10,416.67 Bitcoin per year worth of gambling and with a 1% edge that would be roughly 104.67 Bitcoin per year in profit minus the operating costs. Which I except the casino to do around that much within a year or two. I can't think of what else to post about for expenses and revenue but if you guys have any specific questions to ask please do so.

May be worth considering a launch on the MoneyPot platform. You'd have instant access/backing by around 900 BTC, and you'd be earning half the house edge of each bet whether players win or lose. Would also be easier to get a site up, I think, being that the API is already set up and ready for integration.