Would You Build your Own Casino(online/offline) If You Know You Can?

[QueenVera]

Starting an online casino especially when you have all it takes without you having to run into financial crisis is a very good business and to be frank, I'm very sure that starting a casino and getting it running isn't an easy one especially at the starting stage because it very expensive to run a casino especially an online casino which is expected to serve from from different parts of the world at same time.

If I have what it takes just as you asked, then definitely without any or much hesitation, I will dive into owning my casino and while doing this, I'll ensure to get the best management for this as the success of the casino is paramount on the management. And there are other several other business one could venture into with that kind of money and an online casino boss definitely one.

[Bitinity]

Owning a casino is just a dream for me, even if I have much money to do it but the regulation in my country is not that friendly because it is against the law. Gambling business is like a very profitable business and I believe most people want to have it although the competition is quite tough at the moment. With the situation in my country, I think I will not build my own casino even if I have billion dollars but maybe the best choice is that I move to other country where gambling is legal and I can build and manage my own casino.

[_act_]

Even if I'm not a millionaire/billionaire, I wouldn't start a gambling business, because the gambling industry is extremely competitive.

You are right that there is too much competition among gambling sites and there are many new gambling sites that are coming up, the competition is high. But one thing I know is that new gambling sites are making it, you can see many gambling sites came up and making high amount of money. But I just do not have that mind to have one if I am rich but as many as they are, still they are making money as long as your gambling site is legit, having many promotional offers, deposit offers, having good customer care, good payment and withdrawal method and if it is trustworthy.

[Jawhead999]

Offline casino will carry many risk like criminals and other things, not to mention if you live in a countries where offline casino are illegal. This make you have no way to build your own offline casino in your country.

I think online casino is good if you want to build your own casino, because you don't need to be legal and you can use someone KYC to register your domain in order to become more private. You're also have a right to create any terms of service and can easily accuse someone with your rules.

[Slow death]

in my case if I had a billion dollars I would open my physical casino, in my country it is more advantageous to open a physical casino than an online casino, with a billion dollars I would be able to build a luxury casino in my country, but the serious casino aimed at all social classes, I would pay for advertising and invite artists from my country to publicize the casino, in the casino I would create something like:

when the customer entered the casino, he would have an employee who would direct him to a room where he would explain everything about the places in the casino, its games and how he should proceed when he won and wanted to withdraw the money and also when he had a problem, too would put an entertainment room like: a stage where there was live music and a bar for customers to drink and relax, when a customer lost a lot of money, for example if the customer lost something like more than 2000$ in one night or during the whole the day, he would have the right to enter the bar for free to watch live music and drink for free worth 100$

if a customer lost more than 10,000$ during a month, i would give him a 100$ bonus to play in the following month, of course i would also do a lot of promotions like lotteries to make people go to the casino to play, the physical casino without a doubt which would be the best choice in my case to implement in my country

[Kakmakr]

I have a bit of a personal question....

Is your gambling under control or are you a bit addicted to gambling? The reason why I am asking is this.... I have seen people who love to visit bars, going on Pension and buying a Bar ..because they say that is what they like. Many of them have no clue how to run a business and end up drinking themselves into bankruptcy. 

Also, your passion for gambling might be gone.. once you see the inner workings of the gambling industry. It is not as glorious as many seem to think. (I have family members in the gambling industry) 

[Westinhome]

It’s good idea about starting the business and that includes the crypto currency.We all earning some dollars from the crypto currency,but we need to make use of the knowledge of crypto currency.Most of the people in the world doesn’t know what is crypto currency.Even when I had tried to share some about crypto currency and it’s benefit.My friends doesn’t willing to here that,then I shared them about gambling based on the crypto currency.My circle is filled with the gambling interesting people.If you had started the business,we guys would love to participate in that.Only thing is the site must be loyal to the users too.

[uneng]

Even though you have your own casino, you can't gamble on your business, because if you win, it will raise a red flag among customers who will think the house is rigged to favor the business' owner. Therefore, you would still need to gamble in another casinos you aren't partnered with.

But nothing forbids you from making profit running your own casino and using the profit made to gamble in another casinos.

[leonair]

If you made a billion dollars or even more, as someone who love gambling/betting and have been doing this on several other casinos for many years now, would you rather start your own casino?
Or would you prefer to keep gambling, doing your sports betting on other casinos even when you know you have more than enough money to start your own casinos and make the casino as big as you want it to be??

casino business is not very easy. It is a very hard business. So no one can succeed in casino business if they only have money.  To do this requires different strategies. There are huge number of online casino sites in the market now so it is very difficult to survive in the market by competing with them.  And when someone starts an offline casino business, there will be various government restrictions and taxes, so even if a person wants to, he will not be able to succeed in the casino business easily. And to survive offline casino business will require political power and various technical strategies. so i will not interested to build a own casino site. coz i think gambling should be a place of fun for me it shouldn’t be a business for me.

[kenshi222]

Owning the casino will be the dream of most of the gamblers.Because playing your own casino is like ruling the jungle like a Lion King.Then we have some glory of other gamblers using your gambling.The joy of owning the gambling site is nothing like anything,I can’t explain my happiness in the word.The important part is we need to save all your money to make it huge.We all have lot of expenses daily,our personal commitments.We need to feed food for our family,apart from the expenditure.We should have a habit of saving some money from the expenditure.Then we should find the correct person to developing the gambling site.

[Davidvictorson]

If you made a billion dollars or even more, as someone who love gambling/betting and have been doing this on several other casinos for many years now, would you rather start your own casino?
Or would you prefer to keep gambling, doing your sports betting on other casinos even when you know you have more than enough money to start your own casinos and make the casino as big as you want it to be??

Inputs are greatly appreciated.

My answer is no. Why? My purpose for gambling is for the fun and thrill of it. There is absolutely nothing fun and exciting about going into business especially the gambling business of running a Casino. If I made a billion dollars or even more what I would consider doing is to be a game's provider.My reason will be because I want to create casino slot games that I have always fantasized about since I was a kid.

With regards to sports betting, if I made a billion dollars or even more instead of becoming a bookie, I'd rather start a business that offers expert sports betting advice. I'd leverage technology to create artificial intelligent models that would enable punters make smart bets on sports games.

[Strongkored]

If you made a billion dollars or even more, as someone who love gambling/betting and have been doing this on several other casinos for many years now, would you rather start your own casino?
Or would you prefer to keep gambling, doing your sports betting on other casinos even when you know you have more than enough money to start your own casinos and make the casino as big as you want it to be??

Inputs are greatly appreciated.

Even though I have enough funds to start a casino and also have the skills to continue developing so will not be 100% dependent on developers getting into the casino business whether starting it alone or being part of a team is not something I would consider doing, I love to play casino games or also betting on sports betting but I only like to play nothing more.

[Peanutswar]

We know how does the gambling casino works and could be a good business because there's a lot of people keep actively playing gambling but this kind of thing must need to have a team like with the developer of the front and back end and also the marketing strategy for how you do make good promotions, but this kind of project still requires a lot of time and effort. If you have with this it's good to share in the community too like the promotions made by other casinos.

[Taskford]

So this evening, I was thinking within myself, Businesses I could start if I made good money, I mean money large enough that I could start any business comfortably(no matter the cost) without going through any financial crises before, during or after starting the business.

So one of the ideas of businesses to start that came to my mind was a gambling casino, online casino preferably for me, so as part of my research, I thought I should put this question out here to you guys …

If you made a billion dollars or even more, as someone who love gambling/betting and have been doing this on several other casinos for many years now, would you rather start your own casino?
Or would you prefer to keep gambling, doing your sports betting on other casinos even when you know you have more than enough money to start your own casinos and make the casino as big as you want it to be??

Inputs are greatly appreciated.

Provably yes, If I had all the resources to start building up a casino for sure will start one. Because its really fun to create a business which line to your hobby and for having this for sure you can enjoy this and can expand since you have all means to operate this. For sure running a lot of promotions and partnership will be an exciting part here and its fulfilling especially when your business growing up successfully.

[Oilacris]

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Provably yes, If I had all the resources to start building up a casino for sure will start one. Because its really fun to create a business which line to your hobby and for having this for sure you can enjoy this and can expand since you have all means to operate this. For sure running a lot of promotions and partnership will be an exciting part here and its fulfilling especially when your business growing up successfully.

If its really in line on what your passion is or a habit then building one would be likely but it does depend on if you are really that pursuing on creating one.In my part i would create one
but wont really be that an assurance because i might really just focusing on playing without having the hassle but for sure if you are billionaire, you do already have lots of
business which your income source which means if you do decide to adding up one then you would consider on building one but it would really be that
basing on your interest in the end of the day.

[Renampun]

…
If you made a billion dollars or even more, as someone who love gambling/betting and have been doing this on several other casinos for many years now, would you rather start your own casino?
Or would you prefer to keep gambling, doing your sports betting on other casinos even when you know you have more than enough money to start your own casinos and make the casino as big as you want it to be??

something like this has also crossed my mind, but if it is true that I am in this condition (having billions of dollars in the capital) then I have no intention of starting a gambling business because I know I won't have time to start it.
apart from that I also took Drake as an example, he has a lot of money but why did he never have the intention to open a gambling business and instead continues to play at stake.com
I understand a little about Drake's reasoning and in my personal opinion, being an ordinary gambler is easier on the mind than opening my own gambling business.

[og kush420]

…
If you made a billion dollars or even more, as someone who love gambling/betting and have been doing this on several other casinos for many years now, would you rather start your own casino?
Or would you prefer to keep gambling, doing your sports betting on other casinos even when you know you have more than enough money to start your own casinos and make the casino as big as you want it to be??

something like this has also crossed my mind, but if it is true that I am in this condition (having billions of dollars in the capital) then I have no intention of starting a gambling business because I know I won't have time to start it.
apart from that I also took Drake as an example, he has a lot of money but why did he never have the intention to open a gambling business and instead continues to play at stake.com
I understand a little about Drake's reasoning and in my personal opinion, being an ordinary gambler is easier on the mind than opening my own gambling business.

I would love to build my online business and casino is a good option but I have not the basic knowledge how the back end works
If I get to know that - I would surly do it! 100%

[len01]

So this evening, I was thinking within myself, Businesses I could start if I made good money, I mean money large enough that I could start any business comfortably(no matter the cost) without going through any financial crises before, during or after starting the business.

So one of the ideas of businesses to start that came to my mind was a gambling casino, online casino preferably for me, so as part of my research, I thought I should put this question out here to you guys …

If you made a billion dollars or even more, as someone who love gambling/betting and have been doing this on several other casinos for many years now, would you rather start your own casino?
Or would you prefer to keep gambling, doing your sports betting on other casinos even when you know you have more than enough money to start your own casinos and make the casino as big as you want it to be??

Inputs are greatly appreciated.

my statement will answer your topic title and the content of your thread

first of all have you heard of a casino owner who used to be a gambler.
if you've heard the term, it's true to me. because if you know some of the members on this forum who have been here for a long time and were once gamblers, they finally have their own casino and make millions of dollars.
and to create your own casino, if you have a lot of skills and knowledge about gambling and its systems, it doesn't cost much to build your own casino.

having your own casino may be one of the desires of gamblers. because the gambling business, especially casinos, is very profitable and makes more money.
but it all comes back to each of us whether we can have this ability. if we don't have any ability can only gamble and want to have our own casino in my opinion it will take a lot of money to make a casino. because we definitely need a team with all skills to control all system operations in your own casino.

[Viscore]

If you made a billion dollars or even more, as someone who love gambling/betting and have been doing this on several other casinos for many years now, would you rather start your own casino?

I think that if one makes his own casino.. may spoil the fun of it. Or, at least, would not play at his casino (and then it's two unrelated things).

Having/managing a casino is not necessarily for a gambler. It's for somebody who knows to handle all the legal things, all the software and security issues. Gambler(s) can be asked for opinion now and then in order to spice up the games. But the rest is more management than gambler-mind business.

Even more, a gambler may take unnecessary risks with his business (eg start with too low bankroll and risk not having money to pay the winnings at start, especially as the start is more expensive due to increased advertising and bonuses), so he can doom the business before properly starting it. Not a good mix.

Building a gambling casino is never easy. You can be a good and profitable gambler but that won’t be enough basis that you will also be a trusted casino owner. You should be more of a businessman than a gambler alone, and that you should be aware on how to grow a casino business and make it work and become on top of other casinos through the years. However, I only prefer to have just fun and gamble when I want to, and have no plans to live a stressful life no matter how profitable that kind of business is. So for me, I just want to gamble and never dream of becoming a gambling casino owner.

[cabron]

In a bigger picture where you already have a casino, you would learn the tricks of the casinos to make thier customers stay and lose more. I think once this happens and the realization kicks in, you might not gamble in the end and just own a casino because ultimately it's better to win constantly than lose sometimes on casinos you know are luring you to lose.

I guess the only way for a gambler to see the world of gambling is to become part of both sides. Becoming a gambler and the casino as well. Sure there is a good thing about that.