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Author Topic: How much does it cost to have your own Casino?  (Read 354 times)
dezoel
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March 03, 2024, 05:42:42 PM
 #41

To get your own casino is never easy and it involves having the right team that would do the would without compromising. Many casinos that we have heard about getting hacked is because of the bad team that were not good enough to carry our there duties well so that there is no bug that could lead to such scene. Even though we have the funds and everything that is required, we still need to work with people that have experience and that have been in the business for a very long time. Trust us needed and we also have to seek for someone that can be trusted that would not do something that will affect the casino's usage and users complaints.
I think the OP had a point and the technology we have now is so advanced that you can get almost anything that you need even for free but it's going to be better if you can allocate some money on to it. Even though you have a good team, a bug can still appear but they can always be fixed.

You only need to monitor your system carefully so that it won't be exploited and more damage are going to be dealt. Indeed trust is crucial. This is why for me, it's better to just recruit the people that we already know for a long time but I think there are still instances that their attitude can change but I guess there will still be signs to this. We need to watch out for it as well.

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March 03, 2024, 05:47:32 PM
 #42

We see new casinos each day on the Gambling section of this forum and it makes me think it's easy and anyone could have one, so, i have some questions and hope the community can help me with the right answers.

1.-How much cost to add a slots provider to your Casino?

2.-Do slots providers earn for each roll or for the total loss from the client, and what percent?

3.-Where can I get a casino site template?

4.-Does new casinos need to have a bankroll or do they have a provider for that too?

5.-How much does it cost to have a Sports book provider?

Thanks for your answers, and if you want to add some extra data that you consider relevant i would appreciate it.

Well I will only answer that the initial bankroll needs to be extra huge otherwise you will be just another one of those scam casinos that start out doing well as long as no whale wins at them and as soon as one whale hit it big,really big in their games,they don't have money to pay them and they can come up with all sort of excuses which culminate to blocking your account with a certain audit excuse,once there they do an exit scam then and the whale is never paid.As long as your casino can avoid such scenario all the other questions can be answered one by one without much problems at all.

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March 11, 2024, 09:31:46 PM
 #43

Guys please don't share random info just to bump up your post count or to act as a smartass. I'm not gonna quote or point out anyone, but posting randomly and spreading misinformation isn't helping anyone.
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I have tried to read almost all the replies on the first page but I could not find any resource except this post and I found a lot of info that I didn't know and obviously, OP doesn't know. I think Op has got all the answers that OP asked only from your post.
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March 11, 2024, 09:47:07 PM
 #44

You need to hire a developer to build a casino site because it has many functions that cannot be properly developed without a good quality developer. And success in every business depends on good marketing. You must adopt a good marketing strategy to survive in this competitive market. And for this a sufficient budget will be required. so the first thing you need to run a casino site is a high budget and a high quality developer. Cyber ​​security requires a skilled workforce to protect the site



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March 11, 2024, 11:03:18 PM
Last edit: March 11, 2024, 11:16:37 PM by seoincorporation
 #45

Guys please don't share random info just to bump up your post count or to act as a smartass. I'm not gonna quote or point out anyone, but posting randomly and spreading misinformation isn't helping anyone.

#1. It depends with whom you're starting the venture to begin with, but in most cases it's a bulk deal negotiated on a percentage basis of your NGR (Net Gaming Revenue). Rarely there are one-time fees in this industry, and the crucial parts of the puzzle (e.g. providers) are usually taking a chunk of your NGR. It's important to note here that you can further negotiate the deal with slots providers depending on how much traffic you're getting. Some providers will give you a better deal if you're featuring their games on your homepage.

#2. They earn from your bonus budget (e.g. if you offer a $100 welcome bonus, you have to pay that bonus cost to the provider), and a percentage of your NGR. If you want I can talk with our casino manager and give you more details with some numbers here.

#3. If you're serious, you don't get it from Themeforest or TemplateMonster, that I can assure you. Usually you get a pre-developed theme that has been proven and tested by the providers that you choose (e.g. the platform provider). You can check out platform providers here, they have a full list: https://www.igamingsuppliers.com/suppliers/online-gaming/platform-providers/

#4. Yes, you have to have a bankroll, otherwise the license giver will not give you the license. Basically you need to be able to cover all the jackpots and large winnings from scratch. There is no "bankroll provider", but there are investors who are already within the industry and are looking to invest into new casino concepts. So if you have the team and the idea, they can finance it. But if you only have the idea, no team or experience, then I wouldn't recommend pitching at all. Banks will not be open to loans that I can tell you from experience.

#5. These are usually custom priced, and depends on the provider. There is a monthly fee due to the nature of the service (e.g. bookies), there's a chunk of your NGR again, and there are sometimes entry/yearly fees, it really depends on your traffic. Check out Betsson's solution, they have a really good sportsbook system, but I think that they only work with MGA licensed brands (I'm not sure).

If you're serious about the industry, I would recommend that you join one of the european igaming events like SIGMA, ICE, NEXT and others, I can even get you free tickets if you need to - networking is everything.  

This was a great answer SirJohnVonSlotty, thanks for your words and your dedication, as you mentioned, lot of answers were just spam, but your answer was what i was looking for, so, now i will close the thread. Already leave my last merit to your post.

I really would love to see some numbers to have an idea about how much it really costs, but you are right, it's based on different factors like traffic and site popularity, but at least now i have an idea about how it works. Thanks.

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