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Author Topic: Profitable and Growing Casino Website for Sale  (Read 857 times)
mak013
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December 01, 2022, 12:20:23 PM
 #61

How is OP selling the casino he is talking about here? has it been sold? Can someone bite at the price he wants? I don't think anyone has had any interest in contacting him to buy it yet.

Maybe, if OP would just listen to other members' comments here, there is still a chance that the buyer might contact OP immediately. How about because the price he wants to happen is a bit unrealistic and OP doesn't seem to see that?

He hasn't been online for a couple of days, and I think that since he hasn't been very successful, we won't be seeing much of him around here.
It is possible that he doesn`t interesting to communicate here. He left contacts in the first post.

I don`t how the casino works, but if he is telling truth - the ROI is about 3 years is good enough. But it must be researched seriously before deal, with some financial and gambling specialists. The same time i think that it is possible to spend this money more clever - get a good dev team, create a new casino and promote it. It is possible that it will take more time, but i sure that it will be cheaper and you willn`t have any doubts in the deal.

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.Duelbits.
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worldofcoins
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December 02, 2022, 11:32:42 AM
 #62

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

Firstly I would like to talk about the reasons for website sale, for reason number 1 you can work on improving as per the customer's requirements.
For numbers 2 & 3, I can say that you can quickly achieve your goals if you pay full attention and focus on your site.
Also, for number 4, you can hire a good SCO resource to manage your SEO load. Also, your demand of 1.5 Million dollars is way much high.
QueenVera
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December 04, 2022, 02:23:06 AM
 #63

I've come across this very thread for so long and I still wonder why the OP haven't made some adjustments on the post if he truly wantes to sell it out.
The price is way too high and your reasons for selling are so funny and it seems the seller wasn't the original creator of that very website and now wants to handover what he couldn't manage to someone else.
I hope you also take out your time to read most of the comments because it will help you make alot of positive and favourable adjustments for you and aso aid in a more faster sale of this domain.
Wind_FURY
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December 05, 2022, 12:27:19 PM
 #64

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

Firstly I would like to talk about the reasons for website sale, for reason number 1 you can work on improving as per the customer's requirements.
For numbers 2 & 3, I can say that you can quickly achieve your goals if you pay full attention and focus on your site.
Also, for number 4, you can hire a good SCO resource to manage your SEO load. Also, your demand of 1.5 Million dollars is way much high.


That's easy to say, but it's definitely "more complicated". Starting a business, running it yourself, then trying to scale it in very competitive conditions during a BEAR MARKET is not easy. OP wants to sell it because he probably sees NOW as an opportunity to get his ROI faster + future profits now. A short cut.

Although OP might be telling the truth about his casino having lower operating costs vs. revenue generated, I believe his selling price might be too high.

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minime0105
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December 05, 2022, 12:37:22 PM
 #65

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
It's a very big risk because such amount of money is not suppose to be used, because actually it's something you can recover with long term almost seven to eight years and you never recover your capital. It good to extend whereby the capital or the casino is now being long it's has existing. That's why some of the casino platforms collapse, because when looking at 1.5 million dollars you will see or know that the money is not small, and you are looking at the time frame it will be recovered
EarnOnVictor
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December 05, 2022, 12:59:58 PM
 #66

How is OP selling the casino he is talking about here? has it been sold? Can someone bite at the price he wants? I don't think anyone has had any interest in contacting him to buy it yet.

Maybe, if OP would just listen to other members' comments here, there is still a chance that the buyer might contact OP immediately. How about because the price he wants to happen is a bit unrealistic and OP doesn't seem to see that?

He hasn't been online for a couple of days, and I think that since he hasn't been very successful, we won't be seeing much of him around here.
It is possible that he doesn`t interesting to communicate here. He left contacts in the first post.

I don`t how the casino works, but if he is telling truth - the ROI is about 3 years is good enough. But it must be researched seriously before deal, with some financial and gambling specialists. The same time i think that it is possible to spend this money more clever - get a good dev team, create a new casino and promote it. It is possible that it will take more time, but i sure that it will be cheaper and you willn`t have any doubts in the deal.
This is generally not worth it even if the OP is responsive, the asking price of $1,500,000 is way too high. This is the site that one would use extra money to inquire about through the tech experts on the internet to verify that the claims of the OP are true to some reasonable extent.

Besides, can you imagine, a casino site garnering as low as 47,259.96 in a whole half of a year, how many years would the buyer run it before such a huge asking price and the investigation amount be made back? It's a bad business in my opinion, and who knows why someone would want to sell a working casino.

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Mate2237
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December 05, 2022, 01:54:31 PM
 #67

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/

The information OP provided here are the same information from the site you also provided that means the op is marketing the site for the broker. And for the price or amount placed by the OP which $1.5m to sell the casino site is not too expenses because if the buyer is a genuine person and he handles the casino company very well with his customers, he can gain his money back within the 15 years stipulated time. But what I will consider is that after the purchase of the site, the new owner of the site will still spend enough to set up the site therefore, the seller should also consider those expenses and reduce the price.









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Desmong
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December 05, 2022, 11:25:54 PM
 #68

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/

The information OP provided here are the same information from the site you also provided that means the op is marketing the site for the broker. And for the price or amount placed by the OP which $1.5m to sell the casino site is not too expenses because if the buyer is a genuine person and he handles the casino company very well with his customers, he can gain his money back within the 15 years stipulated time. But what I will consider is that after the purchase of the site, the new owner of the site will still spend enough to set up the site therefore, the seller should also consider those expenses and reduce the price.
We don't mean the price is too much but what we mean is that the developer of the site might have some buds which might make the new owner to be very careful so that the risk will be limited. Buying this at that amount is not bad but there must be assurance that the safety in this. The price is less and looks okay for buyers to everyone that is interested needs to be prepared to make changes.

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Wind_FURY
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December 06, 2022, 10:59:35 AM
 #69

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/

The information OP provided here are the same information from the site you also provided that means the op is marketing the site for the broker. And for the price or amount placed by the OP which $1.5m to sell the casino site is not too expenses because if the buyer is a genuine person and he handles the casino company very well with his customers, he can gain his money back within the 15 years stipulated time. But what I will consider is that after the purchase of the site, the new owner of the site will still spend enough to set up the site therefore, the seller should also consider those expenses and reduce the price.


I believe you mean "not too expensive"?

OK, but the question, how much capital would a person need to start a new online casino, and how much would be the difference from OP's $1,500,000 asking price for his casino? If it's still a "growing casino", I'm sure the new owner would be required to spend more for marketing to scale the business more, and the cryptocurrency online casino business is very competitive. Check how many Official Threads we have in the gambling subforum, all competing for our attention. It's sometimes very hard to keep updated because there are many of them.

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mak013
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December 09, 2022, 10:08:37 AM
 #70

It is possible that he doesn`t interesting to communicate here. He left contacts in the first post.

I don`t how the casino works, but if he is telling truth - the ROI is about 3 years is good enough. But it must be researched seriously before deal, with some financial and gambling specialists. The same time i think that it is possible to spend this money more clever - get a good dev team, create a new casino and promote it. It is possible that it will take more time, but i sure that it will be cheaper and you willn`t have any doubts in the deal.
This is generally not worth it even if the OP is responsive, the asking price of $1,500,000 is way too high. This is the site that one would use extra money to inquire about through the tech experts on the internet to verify that the claims of the OP are true to some reasonable extent.

Besides, can you imagine, a casino site garnering as low as 47,259.96 in a whole half of a year, how many years would the buyer run it before such a huge asking price and the investigation amount be made back? It's a bad business in my opinion, and who knows why someone would want to sell a working casino.

If the OP tell us the truth - 3 years ROI doesn`t seems a big time for ready business. $47,259.96 - it is per month, if i understand correct. The OP tells us: Annual turnover: 425.693 EUR So, the ROI is 3 year with several months.
But i don`t think that it is a good idea to spend such sum to get online business, it isn`t the same as to buy an offline project.

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.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
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EarnOnVictor
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December 09, 2022, 10:38:34 AM
 #71

It is possible that he doesn`t interesting to communicate here. He left contacts in the first post.

I don`t how the casino works, but if he is telling truth - the ROI is about 3 years is good enough. But it must be researched seriously before deal, with some financial and gambling specialists. The same time i think that it is possible to spend this money more clever - get a good dev team, create a new casino and promote it. It is possible that it will take more time, but i sure that it will be cheaper and you willn`t have any doubts in the deal.
This is generally not worth it even if the OP is responsive, the asking price of $1,500,000 is way too high. This is the site that one would use extra money to inquire about through the tech experts on the internet to verify that the claims of the OP are true to some reasonable extent.

Besides, can you imagine, a casino site garnering as low as 47,259.96 in a whole half of a year, how many years would the buyer run it before such a huge asking price and the investigation amount be made back? It's a bad business in my opinion, and who knows why someone would want to sell a working casino.

If the OP tell us the truth - 3 years ROI doesn`t seems a big time for ready business. $47,259.96 - it is per month, if i understand correct. The OP tells us: Annual turnover: 425.693 EUR So, the ROI is 3 year with several months.
But i don`t think that it is a good idea to spend such sum to get online business, it isn`t the same as to buy an offline project.


For sale is an online growing casino website, generating in the last 6 months an average of $47,259.96, and growing.

Annual turnover: 425.693 EUR

Operating profit (EBITDA): 411.886 EUR

Turnover from previous years: 385.905 EUR
I relied on the above data to make my reply earlier, and you should be sensitive to deals like this so that people will not make the fool out of you. I hope you read the first line very well, and according to my knowledge of it, the OP claims that $47,259.96 was made in 6 months. So long as he didn't include 'monthly', I will go by the 6 months. Meaning $47,259.96/6 = $7,876.66 per month.

Also, he was clever to use a dot(.) on the annual turnover, operating profit and previous years' turnover, which made me disregard it since his values were thorough on the first line which has a dot and comma, why not in the rest? This deal is sketchy, it's not advisable even if the offer is still active.

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samuraijin
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December 12, 2022, 01:19:13 PM
 #72

There are businessmen that has this strategy of buying established ones and that's totally fine. If you think that you can create your own brand and make it a well established casino or business then that's on you.

But for a businessman that just wants to acquire businesses just what Elon did to Twitter, that's really happening even in the casino industry.

Although, on the case of OP, it's a lot and the valuation is that much. Maybe go somewhere else aside from flippa.com like in dragon's den or shark tank.  Tongue
Indeed happening not only in this industry but also to real estate businesses. But there are factors being considered if you are about to buy an established business or platform perhaps in this case. Factors such as its reputation if it was released to the market already, and if it would be more profitable to do so than to build a new one regarding costing. Buyer would surely know the answer because he's the one to gauge risks. Ofcourse potential buyers would also do the same thing. Another thing is if there will be things to add on this platform which would mean additional costing for the platform. All of these, just to measure if it would be worth buying something.
The acquisitors like to have most of these businesses are already working on and was able to generate money for them to be convinced. The better numbers and profits, the higher chance of them to buy it.

They're all for an operating business that will genetate them passive income. The valuation varies and most that I've seen are just the owner of the business' valuation and that's why they're quite high and expensive.

Will it be successful after changing hands from before, in fact it is very rare, even though it depends on how it is managed, it is indeed profitable but on the other hand what breakthroughs will be made when a businessman acquires his company, usually there is a difference when switching companies, although the assessment varies but not so many do it, because the company's restitution will benefit them, and even that will have a high selling value, in contrast to the opposite, it will even harm the buyer...

Desmong
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December 12, 2022, 10:51:34 PM
 #73

There are businessmen that has this strategy of buying established ones and that's totally fine. If you think that you can create your own brand and make it a well established casino or business then that's on you.

But for a businessman that just wants to acquire businesses just what Elon did to Twitter, that's really happening even in the casino industry.

Although, on the case of OP, it's a lot and the valuation is that much. Maybe go somewhere else aside from flippa.com like in dragon's den or shark tank.  Tongue
Indeed happening not only in this industry but also to real estate businesses. But there are factors being considered if you are about to buy an established business or platform perhaps in this case. Factors such as its reputation if it was released to the market already, and if it would be more profitable to do so than to build a new one regarding costing. Buyer would surely know the answer because he's the one to gauge risks. Ofcourse potential buyers would also do the same thing. Another thing is if there will be things to add on this platform which would mean additional costing for the platform. All of these, just to measure if it would be worth buying something.
The acquisitors like to have most of these businesses are already working on and was able to generate money for them to be convinced. The better numbers and profits, the higher chance of them to buy it.

They're all for an operating business that will genetate them passive income. The valuation varies and most that I've seen are just the owner of the business' valuation and that's why they're quite high and expensive.

Will it be successful after changing hands from before, in fact it is very rare, even though it depends on how it is managed, it is indeed profitable but on the other hand what breakthroughs will be made when a businessman acquires his company, usually there is a difference when switching companies, although the assessment varies but not so many do it, because the company's restitution will benefit them, and even that will have a high selling value, in contrast to the opposite, it will even harm the buyer...
There are so many risk the buyers will need to understand so that he can look for a better development that will fix the loopholes that could be available in the site. There is many things that the new users and owners will need to work on so that they will not have problem later that could lead to some bigger problems.

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mak013
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December 14, 2022, 10:59:13 AM
 #74

For sale is an online growing casino website, generating in the last 6 months an average of $47,259.96, and growing.

Annual turnover: 425.693 EUR

Operating profit (EBITDA): 411.886 EUR

Turnover from previous years: 385.905 EUR
I relied on the above data to make my reply earlier, and you should be sensitive to deals like this so that people will not make the fool out of you. I hope you read the first line very well, and according to my knowledge of it, the OP claims that $47,259.96 was made in 6 months. So long as he didn't include 'monthly', I will go by the 6 months. Meaning $47,259.96/6 = $7,876.66 per month.

Also, he was clever to use a dot(.) on the annual turnover, operating profit and previous years' turnover, which made me disregard it since his values were thorough on the first line which has a dot and comma, why not in the rest? This deal is sketchy, it's not advisable even if the offer is still active.
If we count as i said - we can get same profit in the all statement. If we count as you - we have nothing common between statemant. There are three cases: a)if i`m mistaken and you are right - in this way the OP cheating us; b) if i`m right and you`re mistaken - the OP is a good seller(probably); c) if we both are mistaken and the OP just imagined that`s all to cheat someone.
Anyway i don`t think that someone, who is ready to spend $1.5kk willn`t check every moment and make total research before the deal. It would be easier to cheat if the sum is about $1-15 thousands.

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paxmao
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December 16, 2022, 06:04:25 PM
 #75

As usual, I have a though on why would anyone sell a profitable cash making machine, as that is what a casino is really. I would like to know more about the owner in the first place and understand if it is an entrepeneur and has a good reputation, in which case this is a valid exit strategy. As Buffet said one, there are many reasons to sell a stock but there is only one reason to buy Smiley

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December 16, 2022, 07:06:20 PM
 #76

I've come across this very thread for so long and I still wonder why the OP haven't made some adjustments on the post if he truly wantes to sell it out.
The price is way too high and your reasons for selling are so funny and it seems the seller wasn't the original creator of that very website and now wants to handover what he couldn't manage to someone else.
I hope you also take out your time to read most of the comments because it will help you make alot of positive and favourable adjustments for you and aso aid in a more faster sale of this domain.
What makes me even more surprised and curious is, if the gambling website that he is selling is able to provide a definite profit and it has been stated how much the profit is every 6 months and has several sources of profit, why is he selling it. wouldn't it be better if he managed it himself and would make more profit.
well, maybe he is unable to manage the gambling and develop it so that the gambling website has a high demand in the future. but actually if he wanted, he could hire someone to manage his website instead of having to sell it.
if it does produce maybe it doesn't need to be sold.

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EarnOnVictor
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December 17, 2022, 05:28:57 AM
 #77

I've come across this very thread for so long and I still wonder why the OP haven't made some adjustments on the post if he truly wantes to sell it out.
The price is way too high and your reasons for selling are so funny and it seems the seller wasn't the original creator of that very website and now wants to handover what he couldn't manage to someone else.
I hope you also take out your time to read most of the comments because it will help you make alot of positive and favourable adjustments for you and aso aid in a more faster sale of this domain.
What makes me even more surprised and curious is, if the gambling website that he is selling is able to provide a definite profit and it has been stated how much the profit is every 6 months and has several sources of profit, why is he selling it. wouldn't it be better if he managed it himself and would make more profit.
well, maybe he is unable to manage the gambling and develop it so that the gambling website has a high demand in the future. but actually if he wanted, he could hire someone to manage his website instead of having to sell it.
if it does produce maybe it doesn't need to be sold.
I had asked this question here immediately when it struck my mind after reading the offer. Aside from the suspicious offer given that is not worth it, how could someone sell a productive company? And if such must sell it, why bring it to BTT when it is a hotcake for offline and other offline companies? There are a lot of reasons to beware of this offer, and anyone that falls for it would do that at their own peril.

I guess the responses here are not welcoming to the OP, which is why such steer clear since then.

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mak013
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December 17, 2022, 01:01:52 PM
 #78

I've come across this very thread for so long and I still wonder why the OP haven't made some adjustments on the post if he truly wantes to sell it out.
The price is way too high and your reasons for selling are so funny and it seems the seller wasn't the original creator of that very website and now wants to handover what he couldn't manage to someone else.
I hope you also take out your time to read most of the comments because it will help you make alot of positive and favourable adjustments for you and aso aid in a more faster sale of this domain.
What makes me even more surprised and curious is, if the gambling website that he is selling is able to provide a definite profit and it has been stated how much the profit is every 6 months and has several sources of profit, why is he selling it. wouldn't it be better if he managed it himself and would make more profit.
well, maybe he is unable to manage the gambling and develop it so that the gambling website has a high demand in the future. but actually if he wanted, he could hire someone to manage his website instead of having to sell it.
if it does produce maybe it doesn't need to be sold.
I had asked this question here immediately when it struck my mind after reading the offer. Aside from the suspicious offer given that is not worth it, how could someone sell a productive company? And if such must sell it, why bring it to BTT when it is a hotcake for offline and other offline companies? There are a lot of reasons to beware of this offer, and anyone that falls for it would do that at their own peril.

I guess the responses here are not welcoming to the OP, which is why such steer clear since then.
It is possible situation. Someone can create companies for sale. Also it is possible that the OP just need money and can`t wait 3 years. So there different situation and it is possible deal. But anyway i don`t think that such deals are possible in online. I think that the buyer need to know seller, to get some guarantees because selling the site is not standard offline deal.

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.Duelbits.
..........UNLEASH..........
THE ULTIMATE
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qory
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December 17, 2022, 03:32:34 PM
 #79

It is not impossible to happen that a profitable casino website will be up in the market by the owner to sell it. Although, even with initial impression and common sense, one would ask why the owner would want to sell something like that. As per the OP, change of plans and priorities had become the main reason. Some will be convinced and intrigued, but some won’t buy such sentiments. Regardless, if someone dares to think of buying such, second thoughts must happen for the purpose of clearing out every possible risk and questionable angle in such intuition. After all, the amount being asked is thought as impartial to the value that the website would be giving back to the buyer, at least for a long time.

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cloudfir3e
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December 17, 2022, 05:27:19 PM
 #80

It is not impossible to happen that a profitable casino website will be up in the market by the owner to sell it. Although, even with initial impression and common sense, one would ask why the owner would want to sell something like that. As per the OP, change of plans and priorities had become the main reason. Some will be convinced and intrigued, but some won’t buy such sentiments. Regardless, if someone dares to think of buying such, second thoughts must happen for the purpose of clearing out every possible risk and questionable angle in such intuition. After all, the amount being asked is thought as impartial to the value that the website would be giving back to the buyer, at least for a long time.
it is possible that the owner of a profitable casino site wants to sell it with the aim of making quick and instant money, even though selling the site makes no sense and there are not necessarily any buyers.
after all, at this time more and more people will do rather strange things to be able to make money quickly, although there are also those who make fun of it and don't believe they still don't care.

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