Profitable and Growing Casino Website for Sale

[bmfhost]

For sale is an online growing casino website, generating in the last 6 months an average of $47,259.96, and growing. The website has 27 income sources. Low operational costs compared to the revenue generated.

Included in the sale are:

• The main revenue-generating website
• 3 extra domains
• Social media accounts: Pinterest, Twitter, and Tumblr accounts
• Support will be provided
• Seller can help with opening new affiliate accounts
• Seller might consider business financing

Not included:

• Affiliate accounts – new owner will have to open their own affiliate
  accounts – the Seller can assist with getting same or similar deals (affiliate accounts can be included for extra $)

Annual turnover: 425.693 EUR

Operating profit (EBITDA): 411.886 EUR

Turnover from previous years: 385.905 EUR

Business established on: 2021-06-01

Sale reason:

• Most payouts for winnings are paid in Bitcoin, which must be exchanged into Euros, which creates some problems in terms of reporting winnings.
• Seller would like to buy a house
• Seller also wants to focus on a new family business
• Also difficult to keep track of all Google algorithm changes, SEO changes and keep the website fast

Asking price: $1,500,000

Contact CasinosBroker

[PX-Z]

Isn't $1.5m is way much too expensive for a $47k in 6 months average revenue or $94k annual revenue? Or let's just round it off and say it is a $100k a year.

For $1.5m the estimated ROI date will be 15 years. Isn't it way too long for having business? I'd bet 3-5 years ROI is considerable for any business.

[CryptoHeadlineNews]

Isn't $1.5m is way much too expensive for a $47k in 6 months average revenue or $94k annual revenue? Or let's just round it off and say it is a $100k a year.

For $1.5m the estimated ROI date will be 15 years. Isn't it way too long for having business? I'd bet 3-5 years ROI is considerable for any business.

I hope the amount is bargainable,  because just as earlier said, $1.5million is likely too much for a casino that generates an average annual income of $94k, which is bound to undergo change, to either increase or decrease in the hands of a new ownership, depending on how skillful such individual may be.

[bitcampaign]

it took 5 years to get back the capital and profits, I think 1.5 million dollars is too expensive for a casino that may not be very well known even though it has been making profits every year, let alone need additional funds to promote the casino too, people will choose to start build a casino from scratch instead of having to buy one

[Baofeng]

Isn't $1.5m is way much too expensive for a $47k in 6 months average revenue or $94k annual revenue? Or let's just round it off and say it is a $100k a year.

For $1.5m the estimated ROI date will be 15 years. Isn't it way too long for having business? I'd bet 3-5 years ROI is considerable for any business.

True, and they are a broker, a middle man in this case, so that's why the price is very expensive because they need to make money at $1.5 million.

But then again for us, it's very expensive, and the returns as they have try to put it out will take years for the buyer to recover, so it's not good for them. Anyhow, maybe that initial price can still be bargain for. Best of luck to those who are interested on it.

[fortunecrypto]

Isn't $1.5m is way much too expensive for a $47k in 6 months average revenue or $94k annual revenue? Or let's just round it off and say it is a $100k a year.

For $1.5m the estimated ROI date will be 15 years. Isn't it way too long for having business? I'd bet 3-5 years ROI is considerable for any business.

You are right It's too expensive for $1.5 m to just make an annual $94k year the stats maybe are not be enough to convince potential buyers to go for it, they need more stats and an industry position does it has an official announcement here, and how they market the casino is also important these are stats that should be considered, so the new owner will have the grasp and implement what could be done to increase revenues.
If the ROI of investment of any business will take 5 years or more then it's not profitable to run that business at that huge cost.
But a mention of the name of the casino will give us an insight into its potential and standing in the industry and if it's worth it for $1.5 million.

[yahoo62278]

Isn't $1.5m is way much too expensive for a $47k in 6 months average revenue or $94k annual revenue? Or let's just round it off and say it is a $100k a year.

For $1.5m the estimated ROI date will be 15 years. Isn't it way too long for having business? I'd bet 3-5 years ROI is considerable for any business.

They have the right to ask any amount they want for their product. You never know what someone will pay until you throw it out there and see if it sticks. I don't think 1.5 million is gonna happen, but I wish the seller luck.

Is there any proof of what's been posted so far or do interested persons need to contact you for info?

[coin-investor]

Isn't $1.5m is way much too expensive for a $47k in 6 months average revenue or $94k annual revenue? Or let's just round it off and say it is a $100k a year.

For $1.5m the estimated ROI date will be 15 years. Isn't it way too long for having business? I'd bet 3-5 years ROI is considerable for any business.

They have the right to ask any amount they want for their product. You never know what someone will pay until you throw it out there and see if it sticks. I don't think 1.5 million is gonna happen, but I wish the seller luck.

Is there any proof of what's been posted so far or do interested persons need to contact you for info?

Yes, that's true but buyers will take into consideration others' opinions if the potential buyer has no prior experience in running a casino, besides talking to an independent broker, the potential buyer will likely ask the gambling community, for me the price is just right the broker, of course, has a cut here but the income is not commensurate to the ROI if he will rely on the current income of the casino, he'll have to infuse additional funding to target projected income to reach that ROI.

[Don Pedro Dinero]

What strikes me is not so much how expensive it is, as you have all said, but that there are things that don't add up.

For example, how is the casino supposed to be 'growing' if it has an EBIDTA last year of $400,000 and has only generated in the last 6 months $47,000? I understand that generated refers only to revenue.

Then he talks about 'previous years' when the business is supposed to have started in June 21.

I don't know about you, but when I see the slightest contradiction when it comes to money, I run away.

[MainIbem]

Now I would want to ask how legitimately is the company and what are the evidence to show it's not a fraudulent activity they are about to initiate into coupled with the price. This is one thing that gets me weird about newbie just making an account and cook up a story with whatever they feels thinking is possible for such magic to happen over here.
I think more documentation should be released over here that proves authenticity or originality and certification of casino site.

[aioc]

For additional information about the casino, OP is selling you check this page, very similar to what he has posted here 
https://casinosbroker.com/growing-casino-website-for-sale/

There will be additional costs running the site after the buyer bought the casino he will have to infuse more funds because based on that post there is no existing staff and things are running on freelancing
IT SPECIALIST:

Regarding the IT part of the website: Seller is not qualified in coding or changes in the template or website
structure. He hired an IT specialist – as a freelancer when needed. He knows the website and the Seller could arrange his consultation for the 1st hour free and the following hours for a fee of $100/hour.

Unfortunately we don't have information about the name of the casino for privacy concern and since the casino is still opeational

[janggernaut]

I hope the amount is bargainable,  because just as earlier said, $1.5million is likely too much for a casino that generates an average annual income of $94k, which is bound to undergo change, to either increase or decrease in the hands of a new ownership, depending on how skillful such individual may be.

If the price of that site is lowered, will you buy that immediately? I mean, you can't just say you hope the price is bargainable but when seller lowered the price, you still don't want to buy it.

Price is too high or not, not our bussiness, if you want to buy the site but you can't afford it because the price is too expensive, you can just shoot pm to seller, the problem is, people keep saying price too high but you have no any intention to buy. So whats the deal?

Unfortunately we don't have information about the name of the casino for privacy concern and since the casino is still opeational

Maybe this?

Contact CasinosBroker

[gunhell16]

Isn't $1.5m is way much too expensive for a $47k in 6 months average revenue or $94k annual revenue? Or let's just round it off and say it is a $100k a year.

For $1.5m the estimated ROI date will be 15 years. Isn't it way too long for having business? I'd bet 3-5 years ROI is considerable for any business.

I hope the amount is bargainable,  because just as earlier said, $1.5million is likely too much for a casino that generates an average annual income of $94k, which is bound to undergo change, to either increase or decrease in the hands of a new ownership, depending on how skillful such individual may be.

The 1.5M$ amount is very expensive for a gambling casino, it wouldn't matter if the return profit is big within 6 months according to what OP said. But even if there is an offer there, it will certainly not allow it to go below 1M$, but it is still expensive to say even so.

We don't know if the only capital in the casino that is being sold is their real capital there is only 100k$-200k$. But I hope OP will think about changing to the same price battle.

[robelneo]

Like all the others observation profit in the last six month's revenue is not attractive compared to the seller price and the computation of the ROI, I would like to ask the features of the casino how many games are in, does it has a sports betting features, how does the site develop is it a turnkey site or a white label casino or  stand alone.

You also mentioned this

Seller can explain how the site is set up, the dashboard of WP, plugins

on
https://casinosbroker.com/growing-casino-website-for-sale/ who I think is the page fo the casino that you are selling here because they have the same informatio.

Are you using Wordpress script since the WP I know stand for Wordpress and plugins are tools that are attached to Wordpress script.

[worle1bm]

Not a fair deal in my opinion because when you are taking up any previously owned business then you look for various factors and first one is profitability and in this case it's not upto the mark and running a business with 10+ years covering the cost only without any hope that it will be running in future or not so it's not at all good deal According to me but yes if anyone is interested he can surely proceed further with it.

[ethereumhunter]

If I were a potential investor looking to buy a casino site, I would not risk purchasing a very expensive casino site, whatever the seller offers, because it is not worth what I will receive later. I'd rather build a casino site from scratch and hire a coder to make significant changes to my prospective casino site so that it becomes a brand new casino site. Then I will do a good promotion to develop it.

The price offered by @OP is very expensive and even though some rich people want to buy it, I suggest they think twice about buying it.

[piebeyb]

If I were a potential investor looking to buy a casino site, I would not risk purchasing a very expensive casino site, whatever the seller offers, because it is not worth what I will receive later. I'd rather build a casino site from scratch and hire a coder to make significant changes to my prospective casino site so that it becomes a brand new casino site. Then I will do a good promotion to develop it.

The price offered by @OP is very expensive and even though some rich people want to buy it, I suggest they think twice about buying it.

yeah using $1.5m dollars to build a casino from scratch is better and then make a promotion on this forum at least it will be a big crypto casino in a few years time if run well maybe OP could lower the price and people could bid on it but it seems very no it's also safe to buy a casino because we don't know there are bugs that maybe in the future the old owners can use to drain our money, so I also think that building a casino from scratch is better to spend that kind of money than buying a casino that is already running

[Saisher]

OP has not logged in yet to address all these questions and concerns the data OP posted is not complete and even questioned the profit and the ROI, which is very important if you are selling a complete casino, he needs to explain why the profit is not proportionate to the price of the casino in terms of ROI.
If I'm a buyer I need to know the additional cost and what's the highest profit the casino reached during the peak seasons like the holiday season.

[Kakmakr]

You want to tell me.... with a Annual turnover of 425.693 EUR..... you make a Net profit of 411.886 EUR That is operating cost of about 13807 EUR per year? That sounds impossible... and even the turnover of 425.693 EUR is very high for a new casino?

In any way, I can buy a white label casino for a lot cheaper and then I can build it to something where I know that I have full control. It is like selling your business, but the old owner has access to the building and the books and the vault..... and possibly a lot of backdoors  

[ThemePen]

This is much expensive and it will take much time to recover the invested money. And this is a new casino and there is no guarantee that the traffic will stay remain every year.

So it can take much time. BTW I am not interested if anyone thinks it is better so he/she can buy.