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Author Topic: Profitable and Growing Casino Website for Sale  (Read 853 times)
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December 17, 2022, 06:31:35 PM
 #81

You want to tell me.... with a Annual turnover of 425.693 EUR..... you make a Net profit of 411.886 EUR Huh 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  Roll Eyes


Most startups lie about their profits to get a better sale value. I wouldn't be surprised if they were generating high profit first year because the owner was doing most of the work by himself and then as business started growing and he couldn't handle the work he decided to sell.
Nowadays we're in a bear market so you can expect much lower profits and the site may need to hire support, an accountant and so on.
If the ROI for this with last year's profit is close to 15 years, with additional staff hired and at least 20% less profit due to bear market, it's going to be 20 years. Nobody is going to fall for that Cheesy

You can literally buy a few apartments in some nice warm place like South Italy or Greece and expect similar ROI time with much less risk and much more liquidity if you need money. Oh, and 0 work, unless you count listing them for rent as work.

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December 17, 2022, 07:16:27 PM
 #82

I believe everyone has a designated ambition he has assigned to achieve and many factors could have led to this kind of decision for advertising a sale of a casino, same like manners we will be having a number of people showing interest to bid for it provided that the selling price is favourable to them, likewise we have some that will prefer creating one and take time to build it up but just as I've said earlier, there are some unavoidable circumstances that can warrant a sale of casino if needs be.



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December 17, 2022, 08:07:18 PM
 #83

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.
Op is not responding to anyone in this thread, and I think he is no longer interested in the topic. If he had just read through the replies on this topic and worked on the suggestions we people give for free, he could sell the website already.
By the look of his post and the offers he is claiming are not making any sense, why would anyone invest 1.5m$ for around 90k annual profit along with other costs?

I would rather spend 50k on building a casino website if I have the budget and mentality to build and run a casino website.
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December 17, 2022, 08:18:33 PM
 #84

I would love to know which casino we are actually talking about here... Can we get a name?

From a slightly suspicious perspective, I think its best to take note of the mentioned casino's reputation. Is it squeaky clean or is it currently facing a PR disaster? How much are the up-keeping costs and could you provide a detailed list of said expenditures? What kind of team was behind the casino? Will they continue their work? Are there any investors involved who own part of the casino or is this a whole sale offer?

As some people have already mentioned, the ROI seems too low for such an asking price. Most of us do not want to wait a couple of decades to start making a profit. Is 1.5 Million the final price?


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December 17, 2022, 08:38:44 PM
 #85

I would love to know which casino we are actually talking about here... Can we get a name?

Judging by the OP's activity, I doubt we'll ever find that out. He hasn't made any updates or answered any questions since he created this topic. They don't seem to be serious sellers. I checked their social feeds a bit, it seems they only talk about casino affiliates, site sales and similar shit. There is nothing about a successful casino business.

R


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December 17, 2022, 08:51:06 PM
 #86

I would love to know which casino we are actually talking about here... Can we get a name?

Judging by the OP's activity, I doubt we'll ever find that out. He hasn't made any updates or answered any questions since he created this topic. They don't seem to be serious sellers. I checked their social feeds a bit, it seems they only talk about casino affiliates, site sales and similar shit. There is nothing about a successful casino business.

Its clear as day that they are really just spamming out those links and sale and making out some false claims i do believe because if it was really that growing and profitable then they wouldnt really be selling it out.

Who would be on their right minds on selling out a profitable and growing casino? knowing that they could generate income in longer runs which it is really totally that shit decision.
As you had pointed and mentioned out that op isnt even having the time on getting back on the thread that he had created and despite of lots of queries and questions
then it is really just left unanswered which there's no point on making further discussions in related this one.Thread should be locked by mods and there's no point on making
further discussion for this one.These type of post or threads arent really that something new.

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December 17, 2022, 09:15:01 PM
Last edit: December 17, 2022, 09:33:28 PM by DoublerHunter
 #87

I would love to know which casino we are actually talking about here... Can we get a name?

Judging by the OP's activity, I doubt we'll ever find that out. He hasn't made any updates or answered any questions since he created this topic. They don't seem to be serious sellers. I checked their social feeds a bit, it seems they only talk about casino affiliates, site sales and similar shit. There is nothing about a successful casino business.

^Or probably OP changed his mind on not selling his profitable casino.
A marketing strategy like this staying they have a profitable casino is that obvious it is not real, how come they are going to sell if this is profitable, no one for sure will have an interest. I am not surprised they did not have a buyer because no one buys a ready-made casino, it is good if you will start a gambling casino from the start that you have your own developer or yourself a developer instead. Because this is very risky on the buyer's side, it could be there is a security leak that puts on the new owner's money at risk.
However, since Op did not come back, let's stop commenting on this thread, I hope I am the last one who commented on this thread or request the moderators to lock this thread.
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December 17, 2022, 09:21:02 PM
 #88

If it a profitable casino then why do you want to sell it, gosh can as well operate the casino and generate a lot of revenue from it operation, I don't think this is a good choice if what you offer is legit I will advise you trade with caution to avoid falling to scam.

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December 17, 2022, 09:35:18 PM
 #89

If it a profitable casino then why do you want to sell it, gosh can as well operate the casino and generate a lot of revenue from it operation, I don't think this is a good choice if what you offer is legit I will advise you trade with caution to avoid falling to scam.
Probably they are planning to change their business and focus into something else, there are some companies who are selling their platform even if its profitable for some purpose and if this is a legit one it should be done on a more professional way since we are going to talk about huge money here. If ever you are considering to buy a casino, have your legal team to handle this to avoid any fraud on the contract.
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December 17, 2022, 09:51:03 PM
 #90

If it a profitable casino then why do you want to sell it, gosh can as well operate the casino and generate a lot of revenue from it operation, I don't think this is a good choice if what you offer is legit I will advise you trade with caution to avoid falling to scam.
Clearly you don't read the post, the owner has his reason to sell, but the broker seems a bit off now  Grin

I checked their social feeds a bit, it seems they only talk about casino affiliates, site sales and similar shit. There is nothing about a successful casino business.
I have also checked their site and found out they are casino brokers. Buying and selling casino sites is their only purpose. OP is not responding to anyone which clearly shows they are out of business or simply the broker wanted to try out bitcointalk forum for their business. It turned out he lost his interest or he was just here to promote his site.
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December 29, 2022, 09:02:06 PM
 #91

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.

It is perfectly possible, because some people are serial entrepreneurs and create business after business and then sell to others that are specialised in making the company or the site grow to full size and implement a more mature business model. It is said that there are many reasons for selling, but only one for buying.

But regardless, it is quite a challenge to verify the claim of profitability without investing serious time and effort into it.

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December 29, 2022, 09:29:41 PM
 #92

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.

It is perfectly possible, because some people are serial entrepreneurs and create business after business and then sell to others that are specialised in making the company or the site grow to full size and implement a more mature business model. It is said that there are many reasons for selling, but only one for buying.

But regardless, it is quite a challenge to verify the claim of profitability without investing serious time and effort into it.
Making out verifications out of those claims would be the the biggest challenge if you are tending to buy such site where there's no way that you could really verify for yourself because we know that numbers and

inputs could really be faked out or something we do call a financial statement or history or records which is something that we cant trust up.We are talking huge money on here and if its done through online
then i highly doubt that no one would really gamble out on buying something without having that face to face transaction or something in correlated to this.
It is really just hard to believe on selling out a profitable casino if you do know that you could make it even more bigger and make more money.

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December 29, 2022, 09:46:54 PM
 #93

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.

It is perfectly possible, because some people are serial entrepreneurs and create business after business and then sell to others that are specialised in making the company or the site grow to full size and implement a more mature business model. It is said that there are many reasons for selling, but only one for buying.

But regardless, it is quite a challenge to verify the claim of profitability without investing serious time and effort into it.
Making out verifications out of those claims would be the the biggest challenge if you are tending to buy such site where there's no way that you could really verify for yourself because we know that numbers and

inputs could really be faked out or something we do call a financial statement or history or records which is something that we cant trust up.We are talking huge money on here and if its done through online
then i highly doubt that no one would really gamble out on buying something without having that face to face transaction or something in correlated to this.
It is really just hard to believe on selling out a profitable casino if you do know that you could make it even more bigger and make more money.
^This means that no one risking their money on the ready-to-made casino but I think not unless you are a good developer too that you can able to check first on your own. That is why casino owners did not want to buy a ready-made gambling casino because the potential of scams ios very high, they prefer to find a great developer that can build a casino from scratch into a successful gambling casino. The fear of getting scammed or having trouble in the future will push them not to buy a casino like this.
However, I dont know what happen to the OP about his gambling casino and I want to know an update on him and his selling casino.


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December 29, 2022, 10:51:34 PM
 #94

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.

It is perfectly possible, because some people are serial entrepreneurs and create business after business and then sell to others that are specialised in making the company or the site grow to full size and implement a more mature business model. It is said that there are many reasons for selling, but only one for buying.

But regardless, it is quite a challenge to verify the claim of profitability without investing serious time and effort into it.
Making out verifications out of those claims would be the the biggest challenge if you are tending to buy such site where there's no way that you could really verify for yourself because we know that numbers and

inputs could really be faked out or something we do call a financial statement or history or records which is something that we cant trust up.We are talking huge money on here and if its done through online
then i highly doubt that no one would really gamble out on buying something without having that face to face transaction or something in correlated to this.
It is really just hard to believe on selling out a profitable casino if you do know that you could make it even more bigger and make more money.
^This means that no one risking their money on the ready-to-made casino but I think not unless you are a good developer too that you can able to check first on your own. That is why casino owners did not want to buy a ready-made gambling casino because the potential of scams ios very high, they prefer to find a great developer that can build a casino from scratch into a successful gambling casino. The fear of getting scammed or having trouble in the future will push them not to buy a casino like this.
However, I dont know what happen to the OP about his gambling casino and I want to know an update on him and his selling casino.




But if the casino is for sale, what other things are more attractive to do? or of greening? Yes, it is a casino with the characteristics of duelbits, which is a pretty good and strong casino, they have to have a lot of good suggestions, the reviews of the casino are the ones that help to sell, but they have to do a lot of beta testing so that they can guarantee the quality of the casinos I would not doubt it if they work like this, the thing I would try the most would be the withdrawals because if they don't work there is no way they can do it, it is my way of thinking, the rest can be added.

R


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January 07, 2023, 11:23:53 PM
 #95

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.
yes, that is true. if it really is a gambling company that wants to be sold on the grounds that it cannot wait for profits for 3 years, there must be a guarantee or meet directly with a mutual agreement.
because even though what is being sold is an online company, for an agreement it is safer to meet each other and talk about it all. if this is done online, it is likely that more people will not believe it, let alone not using a trusted account here. so that doubt must exist in the hearts of people who want to buy.

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January 08, 2023, 02:20:15 AM
 #96

^This means that no one risking their money on the ready-to-made casino but I think not unless you are a good developer too that you can able to check first on your own. That is why casino owners did not want to buy a ready-made gambling casino because the potential of scams ios very high, they prefer to find a great developer that can build a casino from scratch into a successful gambling casino. The fear of getting scammed or having trouble in the future will push them not to buy a casino like this.
However, I dont know what happen to the OP about his gambling casino and I want to know an update on him and his selling casino.
Buying a business is always a very complicated process, and this is because you need to know a lot about the business in question to know if the valuation that you are being given is appropriate or not, in my opinion the OP is trying to sell his casino for too much money as he is asking 300% more than the yearly profits the casino itself can give, and that is assuming the profits remain flat, which is impossible to guarantee as gamblers can get tired of a casino really quickly if it does not present new games and bonuses.
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