Are there any successful and relatively new casinos?

[GreatArkansas]

For you, what does it mean if a casino is failed? Like they will close their service and decided not to operate anymore?
Because it's kinda difficult to say that the casino already fails.
Or if there is already no players on their casino? Or no more people deposit funds on their site?
For me, it is the meaning of fail casino for me, and they will slowly vanish or they will stop their operation because they can't pay anymore some of the cost for their operation.

[Shimmiry]

I've been on this forum long enough to see perhaps hundreds of casinos come and go. They keep appearing and dying shortly afterward all the time, and I wonder why people still take such a high risk of opening a casino when there is a close to 100% chance your casino will fail. This got me thinking about popular casinos. Of course, we all know the names. But they are usually years old, not anything from 2019-2020. The one exception is Stake.com, but I wouldn't count it as an example of a new casino appearing out of nowhere and attracting gamblers because it did not come out of nowhere (it's owned by Primedice). Is it just me or are there virtually no recent casinos that got popular? Or can you name some examples? And in general, do you think new casinos appearing in 2020 stand a chance against those with solid reputation and long time on the market?

For me,  a success of casino isn't defined by how long it runs, but rather how it satisfied its clients for the time it is running. There are numerous and good casinos online and some only stops operating due to various factors such as having low players, as some are using other new and fresh platforms. The only thing that makes a gambler stay on a particular platform is that if it has fun games with best User-Interfaces (UI) and has an excellent User-Experience (UX). There are still a lot of running campaigns here in forum that is about gambling in general (that is of course has casinos in them), hence that wasn't a hundred percent chance they could fail.

Meanwhile, new casinos only fail due to the fact that most of them were just scam.

[maydna]

The business owner will always think to search and expand his business, and if he believes that the gambling industry can give him more money, he will take a risk to open a casino. Before he opens the casino, he will research how and why and everything else related to the casino. He will calculate how much percentage of his chance to make money among the other gambling sites because he knows that the competitions in the gambling industry are not easy.

I am sure that the new casino can become popular if they can give the best services to their members. As you know, the member doesn't want to have a problem, even for a little. So far, the member's issue is about depositing and withdrawing the money, and if the owner and his staff can solve this, I think they will have more members because the members will choose the gambling site with good reputations. The new casino, which is open in 2020, will have a chance against the old gambling site, as long as they can compete with the old gambling site.

[Wexnident]

You can see how BPlay turns out later on. They should be able to withstand the waves of famous casinos and make a name for themselves, with how Binance is backing them from behind and all. They're pretty new and I only found out about it due to someone posting the said collaboration with Binance a few days earlier.

I don't find it relatively weird how the competitions for casinos are this intense, and how the only casinos I know are mostly the famous ones. If they can't provide anything new that those famous ones already have, they're basically just replicating what those casinos have and making the players lose the reason why they should even play on their casinos. They keep doing it cause a casino is basically a money making machine if they can make it work, and if they had the capital to try it out, why not right?

[bandartogel365]

I think it depends on which market are you talking about? Europe? America? Asia? Because in my personal opinion, in Asia, online casino is still a huge hit. Along with the rapid growth of internet and technology, people are spending more and more time playing online (not just Casino, take example of Esports, spending time on social media,etc.)

[Genemind]

I have seen a lot of new casino platforms conducting their own signature campaign here, which I think is a good marketing strategy. I had promoted coindragon before and it seems they are still operational and had been active in giving different promotions and challenges for their platform users. I also had promoted stake.com last year and I think they did a great job of surviving the market since they did a great promotion last year.

With the number of online gamblers and good promotions and games being provided by different platforms, new gambling platforms will have to step up to be able to cope-up with the services of the existing platform.

[pilosopotasyo]

I have seen a lot of new casino platforms conducting their own signature campaign here, which I think is a good marketing strategy. I had promoted coindragon before and it seems they are still operational and had been active in giving different promotions and challenges for their platform users. I also had promoted stake.com last year and I think they did a great job of surviving the market since they did a great promotion last year.

With the number of online gamblers and good promotions and games being provided by different platforms, new gambling platforms will have to step up to be able to cope-up with the services of the existing platform.

This is the best time to launch a new online casino because so many gamblers are home because of the pandemic and I agree that launching a signature bounty campaign for awareness is important if you want early recognition in the industry.

[btc_angela]

I've been on this forum long enough to see perhaps hundreds of casinos come and go. They keep appearing and dying shortly afterward all the time, and I wonder why people still take such a high risk of opening a casino when there is a close to 100% chance your casino will fail. This got me thinking about popular casinos. Of course, we all know the names. But they are usually years old, not anything from 2019-2020. The one exception is Stake.com, but I wouldn't count it as an example of a new casino appearing out of nowhere and attracting gamblers because it did not come out of nowhere (it's owned by Primedice). Is it just me or are there virtually no recent casinos that got popular? Or can you name some examples? And in general, do you think new casinos appearing in 2020 stand a chance against those with solid reputation and long time on the market?

For me,  a success of casino isn't defined by how long it runs, but rather how it satisfied its clients for the time it is running. There are numerous and good casinos online and some only stops operating due to various factors such as having low players, as some are using other new and fresh platforms. The only thing that makes a gambler stay on a particular platform is that if it has fun games with best User-Interfaces (UI) and has an excellent User-Experience (UX). There are still a lot of running campaigns here in forum that is about gambling in general (that is of course has casinos in them), hence that wasn't a hundred percent chance they could fail.

Isn't it mutually exclusive though, if online casino's are fun to play with, obviously it will have a good interface and UI, so you need to have both in order to be successful. As for new casinos, there could be some still operating up to this day, those that open in 2018-2019, maybe its just under the radar. But if you look at the Gambling Ann boards, there could be some success stories that we are not aware of.

[Debonaire217]

Perhaps, with the new casinos entering the market, the competition will be harder since the old casinos already established their crucial characteristic which is their reputation, I am not saying they wouldn't stand a chance, but with the right marketing and good service they could provide, it will still be possible for these new casinos to compete.

[aioc]

There are still new rooms there are a lot of new casinos now and they are launching a new signature campaign this is to make a noise an introduce themselves to the community, they may not get a big share of the market immediately but they have a good chance to succeed if they continue the promotion and maintain a good repuation.

[virasog]

I've been on this forum long enough to see perhaps hundreds of casinos come and go. They keep appearing and dying shortly afterward all the time, and I wonder why people still take such a high risk of opening a casino when there is a close to 100% chance your casino will fail. This got me thinking about popular casinos. Of course, we all know the names. But they are usually years old, not anything from 2019-2020. The one exception is Stake.com, but I wouldn't count it as an example of a new casino appearing out of nowhere and attracting gamblers because it did not come out of nowhere (it's owned by Primedice). Is it just me or are there virtually no recent casinos that got popular? Or can you name some examples? And in general, do you think new casinos appearing in 2020 stand a chance against those with solid reputation and long time on the market?

There are many new decent casino which are created but could not survive because of lot of competition in the market. The big and trusted casino are doing a great job and gamblers do not find any reason to move to new casinos. If any new casino want to make name in the market, it needs to spend a lot of money on marketing and bonuses to attract the gamblers.

[Mauser]

There are still new rooms there are a lot of new casinos now and they are launching a new signature campaign this is to make a noise an introduce themselves to the community, they may not get a big share of the market immediately but they have a good chance to succeed if they continue the promotion and maintain a good repuation.

I think it will take some time to actually judge new casinos if they are successful. We are still in crisis mode, a lot of people have more spare time due to covid 19. Even though people are less likely to spend a lot of money we are seeing gambler who usually went to onsite casinos now switching to online gambling.
For a casino to really be successful it would need to survive the times after the corona crisis. I really hope the online platforms for casino remains more diversified in the future.

[tbterryboy]

I've been on this forum long enough to see perhaps hundreds of casinos come and go. They keep appearing and dying shortly afterward all the time, and I wonder why people still take such a high risk of opening a casino when there is a close to 100% chance your casino will fail. This got me thinking about popular casinos. Of course, we all know the names. But they are usually years old, not anything from 2019-2020. The one exception is Stake.com, but I wouldn't count it as an example of a new casino appearing out of nowhere and attracting gamblers because it did not come out of nowhere (it's owned by Primedice). Is it just me or are there virtually no recent casinos that got popular? Or can you name some examples? And in general, do you think new casinos appearing in 2020 stand a chance against those with solid reputation and long time on the market?

Actually you are right that new casinos won't survive for too long because of the already massive casinos have grabbed almost all the gamblers database and for a new casino to survive they have to either give a ton of promotions and effectively working with a negative house edge and even doing so means that only until the promotions are there the gamblers would stick and once the promotion is over there is a small percentage of people that actually stay on the casino.

But that said there is a new casino in the market I have big expectations with and that is goosebet and while I am not promoting them or anything but they sound solid and their interface looks smooth even enough they are a bit laggy maybe because of the immediate pool of users since they opened recently on 1st July.

[kryptqnick]

Yeah, I was also thinking of Roobet when I was creating this thread... They've hired a reputable manager and launched a signature campaign. But ryzaadit says that even they are not technically new because they were already someone before becoming a crypto casino.
Some have mentioned relatively new casinos that might get a chance of joining the league, thanks for that!

For you, what does it mean if a casino is failed? Like they will close their service and decided not to operate anymore?
Because it's kinda difficult to say that the casino already fails.
Or if there is already no players on their casino? Or no more people deposit funds on their site?
For me, it is the meaning of fail casino for me, and they will slowly vanish or they will stop their operation because they can't pay anymore some of the cost for their operation.

If a casino does not attract enough players to become profitable, if a casino doesn't ring a bell, that's a failure. I know it's a relative term, and some casinos might gain some players and go on, but in this thread I was thinking about a chance of new casinos to make it to top-10 or top-20 of crypto casinos.

This is the best time to launch a new online casino because so many gamblers are home because of the pandemic and I agree that launching a signature bounty campaign for awareness is important if you want early recognition in the industry.

But is it, though? I agree that people probably spend more time online, and casinos are probably enjoying more players than usually, but there is a variety of reputable casinos to choose from, so I don't see why people would be willing to try gambling at a new one these days.

[nakamura12]

What about acewins.io?. I have seen that they also have signature campaign and after that they also have a free tournament of poker game. As of now, I haven't check about acewins and also I am not one of the team member of that site. Anyway, I am curious about the new sites that pop up and didn't know if that casino is still up and running.

[Yaunfitda]

I think a good example is SwC Poker ♣️ BITCOIN POKER 3.0 ♣️ Signature Campaign ✅[FULL]. They have a campaign early 2019, which I'm happy to say that I was part of. And after that campaign, it seems that SWC had enjoy success hosting poker tournaments in this community.

[barbara44]

For you, what does it mean if a casino is failed? Like they will close their service and decided not to operate anymore?
Because it's kinda difficult to say that the casino already fails.
Or if there is already no players on their casino? Or no more people deposit funds on their site?
For me, it is the meaning of fail casino for me, and they will slowly vanish or they will stop their operation because they can't pay anymore some of the cost for their operation.

I think he meant that if you check the market there are so many casinos and sportsbook but only a couple of them are prominent and the rest will slowly die of their own or forced to scam to even survived in a saturated market.

Personally I think that any casino that ends up having loss makes a big mistake with their calculation of COCA which I read as cost of customer acquisition because what happens is, to force their entry in the saturated market they run a lot of offers and welcome bonus which actually work against them.

Let us suppose you are paying approximate 0.005 BTC per gambler you get on average and while the average revenue per gambler comes out to be 0.0025 then it is actually a mistake in COCA calculation and that is where they are miscounting.

I do not see any reason why a casino would fail if they make their calculations right.

[FontSeli]

Perhaps, with the new casinos entering the market, the competition will be harder since the old casinos already established their crucial characteristic which is their reputation, I am not saying they wouldn't stand a chance, but with the right marketing and good service they could provide, it will still be possible for these new casinos to compete.

In order for casino owners to get used to the new business and compete with those who have been on the market for a long time, you need to invest a lot of money in advertising, in encouraging new users. You can offer something new that other online casinos don't have. So far, I've only seen ways to invest a lot of money in advertising and offer welcome bonuses to new players.

[Tipstar]

Perhaps, with the new casinos entering the market, the competition will be harder since the old casinos already established their crucial characteristic which is their reputation, I am not saying they wouldn't stand a chance, but with the right marketing and good service they could provide, it will still be possible for these new casinos to compete.

In order for casino owners to get used to the new business and compete with those who have been on the market for a long time, you need to invest a lot of money in advertising, in encouraging new users. You can offer something new that other online casinos don't have. So far, I've only seen ways to invest a lot of money in advertising and offer welcome bonuses to new players.

It's really difficult for new casinos to get interest from gamblers as the business is nearly saturated. There are trusted sites that are running with trust for years and covering almost all of the gambling genre. No one would try to risk trying some new sites which offers the same thing as old.
Hence to get some attention, newer casinos should bring something new and unique to get attention of the users.

[ReiMomo]

~snip~
Hence to get some attention, newer casinos should bring something new and unique to get attention of the users.

I have here in the forum for how many years this is what I have been witnesses in some newer casino. They put a lot of effort to do their marketing strategies, having giveaways, bonuses, and promotions as well just to have build trust in the community. These are the way to have a unique style to get the gambler's attention.

There's nothing wrong with the new, new gambling site is very exciting to explore new features that you never encounter. I think if you don't trust because this is newly launched, why not just try a small amount and experience to gamble a new one, I guess you will also rewarding if you will find a bug on a new gambling site.