Who is the money manager? is it a casino or game provider?

[Weawant]

Most of the games in online casinos come from third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc. When playing at any casino, we will use their services. Perhaps only the house edge games are fully owned and powered by the casino

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?

The casino obviously manages the finance and thats why your payments are usually made to the casino and not any third party, although they may using different payment gateway to receive and accept payment but then it still doesn't mean they have the don't control the finance.

They bear the losses and also make the payment when gamblers loose, they mostly get license from the game providers because most of the game providers have no intention of been involved in gambling, they mostly want to create fun and entertainment for others and basically that's what most o the  games created was for but the casino get the license and make it one of their games and the games provider are been paid for the license and the casino reserves the right to the game.

[CryptSafe]

Without the casino the game provider would have no clients to patronise them. The casino is not stupid to allow access the game provider to take full control of funds on their platform or allow payment to go directly to the game providers just like that. I believe their is always a mutual agreement between both parties as to protect their interest  before they gave a deal which will guide them through and put every one in a check to know their limits.
The game provider can be a third party on the casino website allowing access to gamblers to play their games based on the agreement binding both parties but the payment would be done directly to the casino and tje casino would remit or pay the game provider their quota based on their payment agreement. I think this is how it works for them.

[lizarder]

Most of the games in online casinos come from third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc. When playing at any casino, we will use their services. Perhaps only the house edge games are fully owned and powered by the casino

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?

Those who manage the casino as the holder of full authority over finances and third parties or game providers will get paid according to the agreed percentage. Regarding the provision of buying games or just getting a license, it just depends on the agreement and most of the time what happens is that the game provider gets the commission and the casino pays it. Logically in relation to financial matters, it is the owner of the company who holds full power because the goods provider cannot possibly hold power regarding finances.

Or it could depend on how the agreement is built between the casino owner and the game provider. To be honest, I don't really know and my assumptions are as explained above, because it is impossible for casino owners to want to be paid by game providers.

[sujonali1819]

Most of the games in online casinos come from third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc. When playing at any casino, we will use their services. Perhaps only the house edge games are fully owned and powered by the casino

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?

The only Casino itself is the finance manager. Providers just give their service through API and earn a percentage of Monthly / Yearly revenue from their games. However, the percentage depends on the provider itself.

And yes Casino has full control of the official/house games on the other hand casino does not have any control over the third-party games as I know.

[Sunderland]

Most of the games in online casinos come from third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc. When playing at any casino, we will use their services. Perhaps only the house edge games are fully owned and powered by the casino

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?

It depends on their agreements (the operator, the 3rd party gambling provider and the games provider), small platforms might only get the commissions from wagers, etc.
But bigger platforms can also act as the house, when their user wins = the operator and the 3rd party gambling provider share the loss and visa versa.

Most of the casinos are using 3rd party gambling provider, not directly to the games provider because of many reasons.

[ajiz138]

Other people say the casino manages the finances, maybe it makes sense because this operation is entirely the casino running while they only pay the license to the provider about the percentage deal they will get, so I think the casino has the right to manage its customers' money.

Because it will be too complicated if the provider manages the finances, what about when the casino will organize a contest with a large enough prize does it have to be approved by the provider? I don't think that's possible.

[Aanuoluwatofunmi]

Most of the games in online casinos come from third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc. When playing at any casino, we will use their services. Perhaps only the house edge games are fully owned and powered by the casino

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?

I think it's the casinos from my own point of view, they are the ones responsible for every other activities we see concerning the gambling platform, other things that transpired between them and their game providers are not open to us publicly, which I expected them to on their own make the commitment to engage every other services they requested to make provisions for them and negotiated their pay while everything that comes in to the casino belongs the the owners after which they might have settled other sources under them.

[BABY SHOES]

Usually, the casino itself manages the finances after which they pay the game provider for the existing agreement including the license they get.

So most casinos are responsible for everything including withdrawals and deposits but I don't know how casinos deal with third parties as game providers maybe there are some but we never know.

This is just my own assumption, because behind all that we never know who manages the money, all we know is the casino.

[dothebeats]

These casinos will have a contract with their game providers and that's the only thing that the casinos will be honoring with the agreement. I don't know the structure of these contracts exactly, but it is possible that the casinos are sharing a portion of their profits to the game providers by only a small percentage. All in all, the bulk of the money goes directly to the casino because not only are they getting the profits from the games, but also from other transactions like withdrawals as well.

[Churchillvv]

So who actually manages finances? is it the casino itself or the game provider?

Even without knowing too much about casino management, it's obvious that casinos are the ones who manage the finances. For instance, if you own a business and I own a business too, but your business provides my own business with its own resources that keep it going, fortunately or unfortunately, people get harmed or succeed from my business that leans on your own business for survival. It's never going to be your business that receives praise or threats, but yours can be one of the beneficiaries of the success of my business. So it is with casinos and game providers: casinos get everything to themselves, and game providers only get benefits or shares from casinos based on agreements.

Does the casino only get a commission from the game provider or buy the game license from the game provider?

This is either going to be the reverse is the case. but I can't really tell because I'm not in the system.

[darkangel11]

Other people say the casino manages the finances, maybe it makes sense because this operation is entirely the casino running while they only pay the license to the provider about the percentage deal they will get, so I think the casino has the right to manage its customers' money.

Because it will be too complicated if the provider manages the finances, what about when the casino will organize a contest with a large enough prize does it have to be approved by the provider? I don't think that's possible.

It's always the casino. Game providers offer their games to dozens of casinos that serve tenths of thousands of players. They would need a lot of money in the bank and a very large support center just to handle customer service. Also, if they were to pay winners, they'd also have to do all the KYC and licensing. There would be no need for the casino to apply for licenses if they only did advertising and server management and everything else was done by the company who made the games.

[topbitcoin]

With various contracts and agreements between casino owners and game providers, in my opinion the one who manages the gambler's finances and winnings is the casino owner. Because the casino can order from the game provider, how many winnings will be given to its customers and how much profit the casino will take. Including small wins, medium wins to big wins that will be achieved by the end. But regarding who will get the win, that is beyond the casino's ability. because the game provider will decide it. So to be able to get a big win in this type of gambling game, luck is the factor that will determine it. And hopefully, we will be one of the people lucky enough to get this win, remembering that I also often play slot gambling. 

This is just an opinion from my personal reasoning and from some of the information I got, which may or may not be true. Because those who really know about this are of course the casinos and game providers who really know the truth.

[panganib999]

Most of the games in online casinos come from third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc. When playing at any casino, we will use their services. Perhaps only the house edge games are fully owned and powered by the casino

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?

For the most part the casino/the house is the one that handles all the money that comes in from their games regardless if the technology/the entire game is outsourced or an in-house project. If it were outsourced, they will most likely sign a contract discussing how much they would pay the provider or how much they will buy the title from the provider if it was available for sale, and from there a deal could be made where the provider gets their continuous upstream of money, and the casino benefits from getting money that is generated by the patrons who play these games they outsourced.

This is the case for the most part, and I have rarely heard of game providers providing the casino part of the equation themselves, AFAIK there is no casino sourced by Pragmatic Play or whatever game provider there is on the market right now. It's just way easier for them to provide the game to these casinos and let the house handle the business and marketing side of the aspect while they work on the backend.

[Sandra_hakeem]

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?

It's fully managed by the game providers and commissions are paid once every return is made.. Since it's automated, they don't even have to wait for commissions to be paid at a certain period of time.. it calculates, audit and separately pays out commissions to the casinos without any hesitation.. it all depends on the game provider...
do you really think winnings are paid by the casino itself? no! Everything is being manipulated and sent down by the game providers.... An exception would be for casinos that are independent...

Sandra 🧑‍🦰

[Fatunad]

Most of the games in online casinos come from third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc. When playing at any casino, we will use their services. Perhaps only the house edge games are fully owned and powered by the casino

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?

For the most part the casino/the house is the one that handles all the money that comes in from their games regardless if the technology/the entire game is outsourced or an in-house project. If it were outsourced, they will most likely sign a contract discussing how much they would pay the provider or how much they will buy the title from the provider if it was available for sale, and from there a deal could be made where the provider gets their continuous upstream of money, and the casino benefits from getting money that is generated by the patrons who play these games they outsourced.

This is the case for the most part, and I have rarely heard of game providers providing the casino part of the equation themselves, AFAIK there is no casino sourced by Pragmatic Play or whatever game provider there is on the market right now. It's just way easier for them to provide the game to these casinos and let the house handle the business and marketing side of the aspect while they work on the backend.

They are the ones who would really be paid out as for 3rd party then they might be getting some commission i guess.I have read up some comments that when it comes to progressive jackpots then
 those providers would really be the ones who would be paying up but if not then the casino itself would really be the ones to pay. Dont know on whats the real setup on this one
considering in between house and its provider then share up would really be just that common or any fee or agreement on which it is really just that typical for this business.

What matter the most on here or the important thing on here is that those winners should be get paid.Doesnt matter on which one of them as long they would be able to release
those funds without any strings attached and this is something what matter the most. It isnt really that something that much of a concern as long they would release those winnings.

[Ultegra134]

Usually, the casino itself manages the finances after which they pay the game provider for the existing agreement including the license they get.

So most casinos are responsible for everything including withdrawals and deposits but I don't know how casinos deal with third parties as game providers maybe there are some but we never know.

This is just my own assumption, because behind all that we never know who manages the money, all we know is the casino.

Well, it's what makes sense. Just because the games are sourced and developed by a third party doesn't mean that they're also managing finances; that doesn't make much sense, does it? Game providers receive a commission from each game. I'm unsure how much that is; it's probably a tiny percentage, but it quickly adds up from all the games and all the different casinos. It's no different than any other service that works on commission.

I'm unsure if house-edge and commission from the games to the providers are different, but according to Investopedia, house-edge represents the average gross profit the casino is expecting to make from each game.

[Accardo]

Most of the games in online casinos come from third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc. When playing at any casino, we will use their services. Perhaps only the house edge games are fully owned and powered by the casino

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?

For the most part the casino/the house is the one that handles all the money that comes in from their games regardless if the technology/the entire game is outsourced or an in-house project. If it were outsourced, they will most likely sign a contract discussing how much they would pay the provider or how much they will buy the title from the provider if it was available for sale, and from there a deal could be made where the provider gets their continuous upstream of money, and the casino benefits from getting money that is generated by the patrons who play these games they outsourced.

This is the case for the most part, and I have rarely heard of game providers providing the casino part of the equation themselves, AFAIK there is no casino sourced by Pragmatic Play or whatever game provider there is on the market right now. It's just way easier for them to provide the game to these casinos and let the house handle the business and marketing side of the aspect while they work on the backend.

The game provider focuses on the backend, like a service provider to the casino. Casino controls everything about running the business, which also include game providers, license, employees, website designers etc. These professionals help provide the enticing online environment we enjoy. Added with the fact that they almost work together to provide quality. Gaming providers are different entities just like the programmers, and license company. Would one say that they also hold the finance of a casino. It's mainly about deals and contracts. Opening an online casino cost lot of money. And none of the professionals would pay or provider money to finance the casino. Instead the casino is obligated to finance the game providers. Which means they don't have a close relationship with the finance of a casino. The boss gets all the money and distributes according to the signed contract.

[Onyeeze]

Most of the games in online casinos come from third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc. When playing at any casino, we will use their services. Perhaps only the house edge games are fully owned and powered by the casino

So who actually manages finances? is it the casino itself or the game provider? Does the casino only get a commission from the game provider or buy the game license from the game provider?

Any casino games have their own source of game and I believe that the money will go directly to casino because all those their provider will be settled by the casino platform, what you just air out I don't that any person have asked such questions and I believe that casino game is being own by someone and they do channels all their funds to a particular area, so some make their own emphasise that it's being managed by the provider and commission comes once, so all this our discussion I think that it's something that suppose to have evidence so that we will know the truth, I only made own suggestions through assumptions because I have no concrete facts about them

[ryzaadit]

IMO, the money is still fully powered by casinos. They only connected with some systems that just reduced and added user balance on their end by provider system, should be easy right:
- Scanned Balance.
- Reduce and Add balance depends on the result games.

[Findingnemo]

third parties or game providers such as Pragmatic Play, Bgaming, Pgsoft, Play'N Go, etc.

This part is the answer to your question.

Game providers supposedly manage the games, results, odds, and whatever related to the games that require their assistance but finance is not their part, and it's solely managed by the casino. Well, everything is automated and supervised by the casino staff and only a few have access to the crypto wallets in crypto gambling sites like most trusted staff whose job is only to handle the payouts/withdrawals.