Why do new online casinos struggle?

[aioc]

Which one do you think is better and has more healthy growth for a new online casino?

Is it better for a new casino to take their time very slow with their project for the time being to be able to raise some money first and only attract users with banners and small advertisements?

Or a new casino project should go all in on doing advertisements starting from their launch date with everything they've got?

Marketing will make a huge impact on the presence of new online casinos but reputation is everything I have seen in new casinos going massive marketing including launching a signature campaign but stopping it because they lose their steam because of lack of good features and losing their reputation because of the many complaints, features, and reputations are everything if they are going to go all out in their marketing be sure they have what the gamblers are looking for.

Why do new online casinos struggle? A Few I knew are not doing fine and they had to put an end to their advertising campaigns.

The online casino business is very competitive, newly launched casinos should have something better to offer than well-established casinos, and they should be active in their announcement thread, addressing concerns and addressing issues.

[Cling18]

Which one do you think is better and has more healthy growth for a new online casino?

Is it better for a new casino to take their time very slow with their project for the time being to be able to raise some money first and only attract users with banners and small advertisements?

Or a new casino project should go all in on doing advertisements starting from their launch date with everything they've got?

Marketing will make a huge impact on the presence of new online casinos but reputation is everything I have seen in new casinos going massive marketing including launching a signature campaign but stopping it because they lose their steam because of lack of good features and losing their reputation because of the many complaints, features, and reputations are everything if they are going to go all out in their marketing be sure they have what the gamblers are looking for.

Why do new online casinos struggle? A Few I knew are not doing fine and they had to put an end to their advertising campaigns.

The online casino business is very competitive, newly launched casinos should have something better to offer than well-established casinos, and they should be active in their announcement thread, addressing concerns and addressing issues.

Reputation has a huge point and it is the main thing that most gamblers are looking for. If a casino has a good reputation, it can provide good services and promising performance. People now prefer top casinos because of their feedback and reviews so it is very challenging for new casinos to attract players no matter how hard they try to apply an effective marketing strategy. 

[Mahanton]

Which one do you think is better and has more healthy growth for a new online casino?

Is it better for a new casino to take their time very slow with their project for the time being to be able to raise some money first and only attract users with banners and small advertisements?

Or a new casino project should go all in on doing advertisements starting from their launch date with everything they've got?

Marketing will make a huge impact on the presence of new online casinos but reputation is everything I have seen in new casinos going massive marketing including launching a signature campaign but stopping it because they lose their steam because of lack of good features and losing their reputation because of the many complaints, features, and reputations are everything if they are going to go all out in their marketing be sure they have what the gamblers are looking for.

Why do new online casinos struggle? A Few I knew are not doing fine and they had to put an end to their advertising campaigns.

The online casino business is very competitive, newly launched casinos should have something better to offer than well-established casinos, and they should be active in their announcement thread, addressing concerns and addressing issues.

Reputation has a huge point and it is the main thing that most gamblers are looking for. If a casino has a good reputation, it can provide good services and promising performance. People now prefer top casinos because of their feedback and reviews so it is very challenging for new casinos to attract players no matter how hard they try to apply an effective marketing strategy. 

Reputation is something that cant really be built overnight or 1 day which is something that it does really takes a long time or could be short depending on how you would be running off the business.We do know that there are several factors which are mainly be needed to sustain for you to have that successful business and we know that in every business, there would really be risks involved.Doesnt mean that gambling industry
is growing and profitable which not all does really have the chance on getting that marketshare.This is why when trying out to build up a business then these are the main considerations which
you would need to comply on.

[coin-investor]

Online casino business can not be built in a day it takes time and effort and the whole team focus on building their presence whether they do massive marketing when they launched or do it later, the most important is making sure that they have everything in place like support are great, deposit ad withdrawals are functioning 24/7 and the representative doing their job addressing issues, marketing is always good but users' experience counts the most.
A new online casino should be stable and consistent throughout its existence, it takes time to build a reputation and only a day to ruin it.

[goaldigger]

Its normal on any business and even if you planned well for this there are things that is still out of control and for a new casinos, they should endure that challenges and survive on that. The hardest thing are usually happens during the early stage, once you are able to know how to deal with it there’s also a higher chance for you to be on a good side so if you mean business here, you should not give up right away. Anyway, we’re talking about real projects here, because if those new casinos are just a scam project don’t expect them to last.

[piebeyb]

if they want to be famous of course at the start they already have enough funds for campaigns and promotions welcome bonuses for new users to attract new users to gamble, but very few casinos have money at the start most of them do fundraising profit sharing with people in this forum but that doesn't help attract investors to invest in this forum, moreover reputation is very necessary also trust, to be honest it's hard to make a famous casino if you don't have the money to run it.

[AmoreJaz]

if they want to be famous of course at the start they already have enough funds for campaigns and promotions welcome bonuses for new users to attract new users to gamble, but very few casinos have money at the start most of them do fundraising profit sharing with people in this forum but that doesn't help attract investors to invest in this forum, moreover reputation is very necessary also trust, to be honest it's hard to make a famous casino if you don't have the money to run it.

the competition is already tough as there are already existing reputable casinos. so it is hard to penetrate the business if you are not ready for it. this is why only those casinos with good bank roll and have enough funds with their marketing can compete with existing ones. remember, you need to offer something to these gamblers so they would take a look on your site. otherwise, they are just happy to where they are playing with, if they are not experiencing any issues.

[Bitinity]

Is it better for a new casino to take their time very slow with their project for the time being to be able to raise some money first and only attract users with banners and small advertisements? Or a new casino project should go all in on doing advertisements starting from their launch date with everything they've got?

Going to slow is not good but go all in on advertisement since the launch is also not wise to do. It is hard to choose which one is better between these 2 things because any business is not only about advertisement. There are so many other aspects that will make a business survive for long time such as:
- On site promotions (regularly)
- Available games to play
- Customer Service
- Loyalty/VIP program
- Great UI/Design
- Payment methods and its related things (fee and speed).
- and some others

All in all, advertisement is not the only thing that decide a business will be successful or not. Advertisement is only one of the many important aspects should be done by any business in order to success.

[yahoo62278]

When you have 5000 casinos all fighting for the same customers, you're gonna see the little guy struggle. Being a new casino, you have to offer something better than the competition and take all their players from them. Then instead of 2500 players spread across 5000 casinos, you can start taking players from other casinos. If you're not offering anything better than the competition, why would anyone want to switch?

[Alphie12]

1. Spend a lot of money advertising with bad ROI for casino or bad odds for sports to make the money back. Players will lose big betting.
2. No advertisement but have very competitive ROI or great odds to entice players. Players lose at a smaller rate but the casino saved on advertising.

[Nrcewker]

First of all never open a casino, if you don’t have a good bankroll. Opening and running a casino takes too much effort and money. Moreover if you see today then there is heavy competition among the casinos, now here if you want to survive and leave the rest behind then you have to do really something extraordinary. Also don’t forget the fact that marketing and promotions are always the heroes to attract potential gamblers to the site. If you don’t have enough funds, then no gambler will play on the site only. So according to me both the ways you mentioned above are useless. The casino should raise investments first then should think of operating for the gamblers.

[noorman0]

-snip-
Why do new online casinos struggle? A Few I knew are not doing fine and they had to put an end to their advertising campaigns.

There's no reason to stick with an advertising method that doesn't give them something in return that increases their stats. It was discovered after several evaluation processes which then resulted in several analyses. Not all forum or gambling community advertisements give good results for the casino even though it is very relevant, it can happen if the casino services offered do not meet the service criteria to compete with other brands that advertise in that place.

[adzino]

Which one do you think is better and has more healthy growth for a new online casino?

Is it better for a new casino to take their time very slow with their project for the time being to be able to raise some money first and only attract users with banners and small advertisements?

Or a new casino project should go all in on doing advertisements starting from their launch date with everything they've got?

Why do new online casinos struggle? A Few I knew are not doing fine and they had to put an end to their advertising campaigns.

Have you seen how many casino's are out there and how many new casinos pop up everyday? The competition makes it tough for new online casinos. The number of new casinos that "scam" their players is higher than the legit casinos. So this also makes it hard for new legit casinos, because player usually like to avoid those casinos because of the chance of getting scammed.
The casinos have got to build trust with players, which can take time and patience. Casinos that are consistent and values player feedback are the ones that are likely to be more successful. And they should also focus a lot on advertisements and promotion of their casino if they wish to succeed.

[btc78]

there is nothing to choose if I were to decide because in the end? it is their service and operation that will let people stays in their site because there are other casino that do a serious and big advertising but in longer time ending up becoming scammer for what their reason is ? still they did what happened.
and those who has slow moving project mostly has no total capital so they have to do such and that will also show what is their capacity is.
so struggling is normal in business mate so let them do what is necessary and maybe the players will decide about their faith.

[pakhitheboss]

A new casino will always fail if the owners are looking for profits from day one. As casino scams are quite common in the online era not everyone will believe in a new casino. The need to first build trust and work on marketing. These things take time and also need good investments. This is why the casino business is not that easy. I guess this might be the reason why most online casinos cease to exist after a year or two.

[Solosanz]

Because new casino can't compete against big and popular casino, if they're not offering something new and convince the new gambler, how can they make old gambler shift from old casino to gamble on new casino?

Casino is a business, so they need to deal if they're not making money in the first few years, it's normal and they need to keep developing their casino.

Be friendly with the gambler and offer an interesting promotion, it will attract new gambler.

[BobK71]

Which one do you think is better and has more healthy growth for a new online casino?

Is it better for a new casino to take their time very slow with their project for the time being to be able to raise some money first and only attract users with banners and small advertisements?

Or a new casino project should go all in on doing advertisements starting from their launch date with everything they've got?

Marketing will make a huge impact on the presence of new online casinos but reputation is everything I have seen in new casinos going massive marketing including launching a signature campaign but stopping it because they lose their steam because of lack of good features and losing their reputation because of the many complaints, features, and reputations are everything if they are going to go all out in their marketing be sure they have what the gamblers are looking for.

Why do new online casinos struggle? A Few I knew are not doing fine and they had to put an end to their advertising campaigns.

The online casino business is very competitive, newly launched casinos should have something better to offer than well-established casinos, and they should be active in their announcement thread, addressing concerns and addressing issues.

Reputation has a huge point and it is the main thing that most gamblers are looking for. If a casino has a good reputation, it can provide good services and promising performance. People now prefer top casinos because of their feedback and reviews so it is very challenging for new casinos to attract players no matter how hard they try to apply an effective marketing strategy. 

To establish new casinos they have to spend a lot of money which is often not possible with some new casinos. When an organization provides enough facilities to the users and conducts all the activities according to their needs, then that new gambling site will create stirring among all at a stage when its reputation spreads, the gambler's attraction towards it increases. Achieving this reputation is not possible in a short period of time. From the beginning, various types of campaigns have to be done over a long period of time. Various complications arise when a new site is not able to operate successfully until the moment it is established.

[Kakmakr]

I think a lot of these small casinos are not using marketing money effectively, so they waste a marketing budget on worthless advertising that are not showing any good returns.

A few years ago, I was part of a small startup business... and they made the same mistakes. They kept on dumping money on advertising that were not directly focused on their target market and it was also very expensive. They soon ran out of money and the business closed down.

A small casino has to monitor the outcome of each marketing strategy and make sure that it is focused primarily towards their target market. 

[Mr. Magkaisa]

Which one do you think is better and has more healthy growth for a new online casino?

Is it better for a new casino to take their time very slow with their project for the time being to be able to raise some money first and only attract users with banners and small advertisements?

Or a new casino project should go all in on doing advertisements starting from their launch date with everything they've got?

Why do new online casinos struggle? A Few I knew are not doing fine and they had to put an end to their advertising campaigns.

    -  The other casinos that are new to this industry, their campaign methods are different, the others are doing a signature campaign to advertise their gambling platform through their banner and avatar.

And others are hiring translators to promote their gambling platform in different countries as well, and others are on Facebook and Twitter and Telegram then they also hire content creators to their projects.

[delfastTions]

Which one do you think is better and has more healthy growth for a new online casino?

Is it better for a new casino to take their time very slow with their project for the time being to be able to raise some money first and only attract users with banners and small advertisements?

Or a new casino project should go all in on doing advertisements starting from their launch date with everything they've got?

Why do new online casinos struggle? A Few I knew are not doing fine and they had to put an end to their advertising campaigns.

    -  The other casinos that are new to this industry, their campaign methods are different, the others are doing a signature campaign to advertise their gambling platform through their banner and avatar.

And others are hiring translators to promote their gambling platform in different countries as well, and others are on Facebook and Twitter and Telegram then they also hire content creators to their projects.

Of course, advertising methods are different, but they can basically be divided into several main areas, such as advertising on social networks, advertising through referral links, hidden advertising in YouTube videos, and so on.  
Spending budgets for all advertising programs in general can be gigantic and casino devs have to constantly look for the best methods of advertising their casino.  By the way, subscription campaigns on our forum of several well-known casinos are also quite a successful method of advertising, as I think.  
But in any case, first of all, the information that the new casino has opened and is operating successfully and that it has an excellent set of bonuses and promotions for players is important.  These two statements are the basis for the successful promotion of any new casino.  
And the task of marketers is to make as many people as possible learn about the casino itself and about such interesting offers.