Have your own casino.

[AbuBhakar]

But getting back into the topic, i would like to read some nice histories from the community, those who only dream about their own casino, and those who make their dreams come true.

I plan this before but not global scale but rather just on my local community. We have a vacant house which we typically use to gamble with my friends u til it became popular gambling spot in the neighborhood. I plan to expand my house into a mini casino but later I stop due to the possible legal charges since my place is already exposed to the authorities due to popularity.

Although I dream about owning a casino especially online. I don’t have any skills or money to materialize this dream so I stop thinking about this long time ago and just play as regular client.

[1714285336]

1714285336

[Oshosondy]

I plan this before but not global scale but rather just on my local community. We have a vacant house which we typically use to gamble with my friends u til it became popular gambling spot in the neighborhood. I plan to expand my house into a mini casino but later I stop due to the possible legal charges since my place is already exposed to the authorities due to popularity.

Although I dream about owning a casino especially online. I don’t have any skills or money to materialize this dream so I stop thinking about this long time ago and just play as regular client.

Paying tax should not be a problem. Those casinos that have license have a way of paying tax and they continue to grow, having more customers and making more money.

If possible you can give it a try, you should.

You can not compare yourself as gambler to having a gambling site. If you are a gambler, you are more likely to lose. If you have a gambling site, online or land based, you will make money, not lose.

[bayu7adi]

As my knowledge and experience in gambling expanded, I have sometimes thought about having my own casino, but I have not tried it or taken steps to achieve it because I know I am not in a position in my current status to fulfill this. We all know that it's a business and it requires a significant investment. But, of course, we should be aware of the things that need to be considered, and it's not easy to do. It's nice to hear and dream about, but there is competition in the industry. It could succeed, or it might not. For me, the most important thing is that you truly know what you're doing, and you can't start a business without being interested or having a passion for this niche.

If someone has big aspirations, they usually start from the bottom and consider working at a casino first while learning about how a casino operates and what it takes to keep it running smoothly. We all know that casinos are highly profitable and attract a lot of users. I also believe that behind the casino's big name, there are complex factors influencing its development. To understand these factors, one must work there first, even if it's just for a little while.

This is somewhat like building a business, where someone who knows everything from the ground up has a higher chance of success when they're ready to take on higher positions, even to become the owner of the company. The process is certainly long, but the results are long term as well.

As for myself, I've never thought about owning a casino, perhaps because my daily responsibilities divert my attention from such endeavors.

[Fortify]

How many of you have dreamed about having your casino? Be the house and play the always-win game.

In the past years it was different, people who could build a provably fair engine were able to have their own casino, but now we are playing with new rules, the casinos must have a license and games providers, and that's what people are looking for, and i don't say is something bad, the gambling experience on stake compared with the gambling experience on satoshi bones is enormous.

But getting back into the topic, i would like to read some nice histories from the community, those who only dream about their own casino, and those who make their dreams come true.

It's actually quite hard to establish a casino these days and comes with all sorts of challenges, the main one being security. When you are effectively working in an arena (crypto) that allows criminals to steal money outside of the traditional banking system and potentially launder it in many different ways, then you have to be ultra careful about how you are storing that currency. You are also likely to be targeted by people who will try to extort money from you, in return for not DDOS attacking your website which could effectively run you out of business, so you have to pay for adequate defences against that. Then you can guarantee that pretty much every customer will eventually become disgruntled because you've taken money from them, just an all round headache really.

[Crypt0Gore]

It costs hands and legs to fund a casino and start running the business, even those who are capable still have to get extra funding from their known source just to start the business, we all have the dream but man it costs a lot to get this up and running, all you have to do is make sure you get licensed in the country you want to start the business, even if its on debt I am sure that you will settle all that debt in a short period of time.

This is the type of business that have less risk, money will come from the loads of people coming into your casino, just find a way to attract them, do small giveaways and that's it, only casinos that are not well managed go bankrupt or maybe the founder was full of debt and they still go and use more debt to start a business, though I recommend having some experience about casinos before starting the business.

If I have the money it doesn't mean I have the green button to start the business, you need to learn so I will prefer to work with some casinos for a while to at least know what they do and how they do it, this will give me ideas and the better things I can add to my own casino so that I can attract many people, this is not something you can dream about today and start the business next week, it takes time to plan it and also think carefully before launching.

This is a good business that's sure to bring big gains in a short period of time but you need the resources and funds, I mean the big funds.

[aioc]

How many of you have dreamed about having your casino? Be the house and play the always-win game.

There's no harm in dreaming of owning a casino, that's every gambler's dream but with all the work, the cost, and the knowledge to know I can't figure out how can I do it, I don't even have $20k the minimum to run a licensed casino

In the past years it was different, people who could build a provably fair engine were able to have their own casino, but now we are playing with new rules, the casinos must have a license and games providers, and that's what people are looking for, and i don't say is something bad, the gambling experience on stake compared with the gambling experience on satoshi bones is enormous.

Times have changed the competition is very high, and millionaires, big organizations and groups are your competitors, It is hard to come out with a casino that can compete with the big names, but we never know maybe I will meet an executive of one big casino and invited me to get in.

But getting back into the topic, i would like to read some nice histories from the community, those who only dream about their own casino, and those who make their dreams come true.

We can only come out with casino review sites and do affiliates but we never know if there is one here who is part of the casino, not those who already own casinos
but who started as a gambler?

[komisariatku]

But getting back into the topic, i would like to read some nice histories from the community, those who only dream about their own casino, and those who make their dreams come true.

No, I never dreamed of owning a casino. I think casinos need a lot of capital for bankrolls, promotions and site development. Getting permits for casinos is also expensive. I think instead of dreaming of having my own casino, it's better to invest in casinos like buying casino shares or invest in bankroll, I see casinos like moneypot allow us to invest in bankroll

Apart from that, since the Covid-19 pandemic, casinos have developed very rapidly so that currently online casino competition is very tight.

[Coin_trader]

But getting back into the topic, i would like to read some nice histories from the community, those who only dream about their own casino, and those who make their dreams come true.

No, I never dreamed of owning a casino. I think casinos need a lot of capital for bankrolls, promotions and site development. Getting permits for casinos is also expensive. I think instead of dreaming of having my own casino, it's better to invest in casinos like buying casino shares or invest in bankroll, I see casinos like moneypot allow us to invest in bankroll

Apart from that, since the Covid-19 pandemic, casinos have developed very rapidly so that currently online casino competition is very tight.

You are pertaining on a full casino which is a huge scale business but you can start your own by availing only those generic casino template that offers only house game. Having your own casino is different goal on having a competitive casino since that really will require tons of money for marketing just to match to big brand competitors.

But if I will have a chance to open my own casino. I will just launch a decentralized casino with few game on it like blackjack and mines. I will not aim to become a top brand but just to have fun even with small amount of players that trust my product.

[robelneo]

How many of you have dreamed about having your casino? Be the house and play the always-win game.

In the past years it was different, people who could build a provably fair engine were able to have their own casino, but now we are playing with new rules, the casinos must have a license and games providers, and that's what people are looking for, and i don't say is something bad, the gambling experience on stake compared with the gambling experience on satoshi bones is enormous.

But getting back into the topic, i would like to read some nice histories from the community, those who only dream about their own casino, and those who make their dreams come true.

Scrolling on Codecanyon a script marketplace I thought your $2000 was just enough to set up one because there are scripts there that sell for $200 or less until I did some research where some articles detail the cost of setting up a casino and a competitive casino and good casino cost anywhere from $30k to $200k many gamblers can manage the cost but its different when it comes to operations and marketing because it's a 24/7 operations.

You need the right people and these right people should be compensated you need a huge budget for marketing for the continuous flow of players because players jump from one casino to another and your ROI will take time depending on the trust of players.

Yes, the Casino industry is a multi-billion-dollar industry and competition is so high that big casinos getting the preferable choice while new casinos need to create awareness and this will cost a lot of money.

[piebeyb]

I always say to my friend who is a big gambling addict, why would he spend a lot of money just to gamble looking to win big money when he could just build his own casino with the money he has spent gambling for several years, we know that having a casino will get fixed profits are different if you play as a gambler, it will be difficult to get a steady income.

I think everyone definitely wants to have a casino where we as gamblers can also play in our own casino so that losing will never be a problem as long as we gamble in our own casino because of course the profits will continue to enter our account every day, but the hardest thing is Not only the license, there are many things that are needed regarding security and marketing, of course it takes a lot of money to pay for both so that the casino site can run. 

[mindrust]

I had a dream of owning my own casino but I left the idea after I learned more about it. First of all it is a serious business and you will have to pay taxes and the gov guys don’t really like gamblers/casino owners. They will automatically label you a money launderer by default. That’s incredibly stressful right from the start. Then you will have to deal with hackers, cheaters and all kinds of bad people. You’ll have to patch your website up very often and if you can’t do that, you’ll have to hire someone for the job and then you’ll have to trust that guy too because he can also rob you anytime. At that point I realized having a physical store and selling random physical crap on the street or doing freelancer work is a way better idea than owning an online casino. Owning a casino requires you to trust many people and people are often scammers. If you still want to chase your dream, at least learn to code before you start.

[goaldigger]

How I wish to become the house who can earn an unlimited profit once you established a good site.
We are on a different era now and this is the result of pursuing the regulations, now those crypto casinos have to get license and be regulated so they can attract more gamblers. I haven't seen a decentralized crypto gambling site able to hit the top over the regulated casinos, probably the decentralized thing in crypto is slowly fading away as the government starting to regulate this market.

[TOP69CryptoCasinos]

How many of you have dreamed about having your casino? Be the house and play the always-win game.

In the past years it was different, people who could build a provably fair engine were able to have their own casino, but now we are playing with new rules, the casinos must have a license and games providers, and that's what people are looking for, and i don't say is something bad, the gambling experience on stake compared with the gambling experience on satoshi bones is enormous.

But getting back into the topic, i would like to read some nice histories from the community, those who only dream about their own casino, and those who make their dreams come true.

1. You need to have consistent amounts of money to invest.
2. You really need to know a lot about this business.
3. You need to surround yourself with experienced people who can help you lead the business.

Overall, there are many variables and it's not as easy as it looks to make money out of this. If that'd be the case, we wouldn't see so many online casinos shutting down, some of them after only a few months.

If the first three criteria are met and you can handle many sleepless nights, then give it a shot!

[Jemzx00]

Back in 2018-19, I guess many of us have dreamt of owning a casino. At that time this casino business was at boom and many new casinos were continuously being launched. Many casinos also offered to invest in their bankroll and get a share from the profits. But owning a casino and organising it was really a tough task. Many didn’t know how to build a casino where in some casinos the bankroll wasn’t sufficient. So yes for these reasons many people along with me, stopped this idea of creating our own casino. Reading this post, made me feel nostalgic.

Agree, I remember back in around 2017, one of the well known bitcointalk member from our local community runs a casino and offered on our local board a chance for the community to invest and create a casino funded by our local members. As nice as it is, unfortunately, it did not happen as there's only a number of members have enough funds to invest on it. It was quite exhilarating at the time as it great idea and it will be funded by bitcointalk local members. If only it did happen, I wonder if that happened how will that gambling platform be performing now.

[Distinctin]

How I wish to become the house who can earn an unlimited profit once you established a good site.
We are on a different era now and this is the result of pursuing the regulations, now those crypto casinos have to get license and be regulated so they can attract more gamblers. I haven't seen a decentralized crypto gambling site able to hit the top over the regulated casinos, probably the decentralized thing in crypto is slowly fading away as the government starting to regulate this market.

Owning a casino isn't for everyone. While it guarantees that you'll have the house edge and win against gamblers, the biggest challenge is the competition. There are already large casinos offering similar or even more services. In this time, the competition is about the reputation of a gambling site because most gamblers prefer sites that are financially stable and have a good reputation.

Getting permits and licensing for your casino can be done with enough capital, but the real challenge is whether you can survive the intense competition in the market.

[Sunderland]

How many of you have dreamed about having your casino? Be the house and play the always-win game.

In the past years it was different, people who could build a provably fair engine were able to have their own casino, but now we are playing with new rules, the casinos must have a license and games providers, and that's what people are looking for, and i don't say is something bad, the gambling experience on stake compared with the gambling experience on satoshi bones is enormous.

But getting back into the topic, i would like to read some nice histories from the community, those who only dream about their own casino, and those who make their dreams come true.

1. You need to have consistent amounts of money to invest.
2. You really need to know a lot about this business.
3. You need to surround yourself with experienced people who can help you lead the business.

Overall, there are many variables and it's not as easy as it looks to make money out of this. If that'd be the case, we wouldn't see so many online casinos shutting down, some of them after only a few months.

If the first three criteria are met and you can handle many sleepless nights, then give it a shot!

Personal experience eh (lol), i guess you ever run or at least working on a gambling business.
It remind me of my ex-boss, he only slept 2-3 hours max a day for years.

Back to the topic, I have ever dreamt to have a casino, but it happened before I knew how it works from the inside. I gave up on that after several years working in the gambling industry, and Im very agree with TOP69CryptoCasinos wrote above.

[Bananington]

How many of you have dreamed about having your casino? Be the house and play the always-win game.

The casino business is not a business that I have never imagined myself to be involved with, but It can be a very lucrative business. Just like every other business that looks very Lucrative from the outside, there are personal business details that have personalized to make their business profitable, there are also challenges that they have tackled to be able to be successful in this business. To run the casino business successfully, you have to identify some of these problems and be able to have solutions for them before the come.

[Lida93]

But getting back into the topic, i would like to read some nice histories from the community, those who only dream about their own casino, and those who make their dreams come true.

We are all allowed to have our dreams, It's beautiful to have a dream for yourself for it's what gives you a purpose in life but it's not just about having a dream but pursuing the dream to achieving it and for this to happen you've got to slide in alot of work and talent.

However, focusing on the topic on owning a casino  it is without doubt that you stand a 100% chance of making profit as an owner with all the advantages mostly on the house compared to the gambler that's without a hedge but depending only on lucky to have a meager or lump win.  Still we shouldn't forget that a casino is similar to any other business and if you're lacking in business management techniques and ideas to withstand the competitive casino business environment you would be forced to get your business closed down. So owning a casino and having it on course and stand-out isn't as easy as some of us may think by only looking at the hedge the house has as an advantage.

[seoincorporation]

But are you also dreaming about your own casino? Before you create a thread like this then means you have ambition of getting a casino site or planning to affiliate with other and that is why you are asking others to join the industry.

Is not a dream anymore for me, i have been running my engine and working in the code for some years now. But is not public yet... but i have some plans with it. More than running the casino I want to sell copies of it in the future, and not looking to affiliate with other members, if the business goes fine, maybe i will hire some people for the team. But is a project for the future, still need to work on the frontend to have a nice demo version to show to the possible customers.

But i remember in 2015 when the dream started, i didn't know JS at that time, but was a must to code the thing, so, i took some online lessons and with a team started coding it. And made a solid base take us 2 years. Sadly the engine had a lot of bugs and the team decided to quit the project. And after that, i took the code and started fixing the bugs one by one, and after a list of a lot of solved bugs it's running great now. I talked with the other two devs but they are not interested in the project and told me to do whatever i want with it. So, i have some plans for it.

[Findingnemo]

How many of you have dreamed about having your casino? Be the house and play the always-win game.

In the past years it was different, people who could build a provably fair engine were able to have their own casino, but now we are playing with new rules, the casinos must have a license and games providers, and that's what people are looking for, and i don't say is something bad, the gambling experience on stake compared with the gambling experience on satoshi bones is enormous.

But getting back into the topic, i would like to read some nice histories from the community, those who only dream about their own casino, and those who make their dreams come true.

I don't have such a dream at all and for someone who loves gambling doesn't necessarily mean they have to be on the other side and see how things work cause its not a business that everyone can start, to start a decent casino with all the license and everything the user need a capital of 100K and a lot more to reward the winners.

So all my dream is to just hit the jackpot someday and that's it.

i took the code and started fixing the bugs one by one, and after a list of a lot of solved bugs it's running great now. I talked with the other two devs but they are not interested in the project and told me to do whatever i want with it. So, i have some plans for it.

I don't mean to discourage you but all you have is the working site which is important but you need capital to get the license, bankroll to pay the winners and security for the wallet, and staff to maintain the system works smoothly which means you just crossed the first step and still a lot more to reach.