About running an online casino vs an offline casino

[Crypt0Gore]

I have been thinking about this a lot now and today again, I did the same, it's probably the right time to pour out my mind to my family on this forum, hope in return to get some great answers.

I know that it's not easy to run a casino, hire workers and some professionals and others, my question is. ....

1. Is running offline casinos the same as running an online casino?

2. What do online casinos have to lose if they aren't making as much money as they intended?

3. With online casinos, isn't the number of hiring being limited compared to someone who wants to run an offline casino?

4. Which one is more easier to manage than the other?

And the last question is, which one would you go for if you have the resources?

[AB de Royse777]

1. Is running offline casinos the same as running an online casino?

It's not same, in many ways.
Online casino does not need as many manpower as you need in an store
You are reaching to word-wide audience where with a store you are reaching to local audience.
Online casino heavily needs IT infrastructure where offline casino can only use a few slot machines and a cashier
Because the audience is wider you need higher budget for marketing or no one knows you where for the offline store, your local audience easily can see you store and become your customers.

4. Which one is more easier to manage than the other?

Offline I would say.

[Wiwo]

I have been thinking about this a lot now and today again, I did the same, it's probably the right time to pour out my mind to my family on this forum, hope in return to get some great answers.

I know that it's not easy to run a casino, hire workers and some professionals and others, my question is. ....

1. Is running offline casinos the same as running an online casino?

Not the same,  offline casino is based on physical structures and really time human activities with physical attention,  and in offline casinos,  you need to have a building structure depending on the capacity you want to operate on,  and also hire physical staffs and operators.

But online casinos don't require that,  all that it takes is software as no need for physical structures,  so both are operated on different mood.

2. What do online casinos have to lose if they aren't making as much money as they intended?

The lose revenue, also don't think that online casinos don't requires funding to keep it running live online,  it does and most times you even pay more than the physical casinos.

And again cost of games providers and domain is there to take revenue away.

3. With online casinos, isn't the number of hiring being limited compared to someone who wants to run an offline casino?

Not at all,  it depends on the team mentality and how their chose to spread their limits.

4. Which one is more easier to manage than the other?

For me none is easier,  because both online and offline casinos requires consistency and alot of works to keep them running.

And the last question is, which one would you go for if you have the resources?

Don't know yet.

[famososMuertos]

Well, I have had the opportunity to manage linked offline and online businesses, although none in terms of casinos, but lotteries.

 And really, depending on what is done, the startup costs can be very similar, if we talk about doing things right.

 A big difference is the long term where costs for facility, administrative and personnel maintenance can vary, this is generally seen more frequently in physical (offline) businesses.

 But in reality the maintenance of an online casino can entail very significant expenses, people believe that there is no physical infrastructure and that the staff is "cheap", even a programmer, an administrator or an online manager can cost you what you spend in 5 people from a land-based casino.

 In any case, it is cheaper to pay a license to any online casino provider and they provide you with everything, you just put in the money, this is another business model.

 In the case of face-to-face ones, the formula is the same, investing money as a partner is more feasible than assuming the risk alone.

 Now the reality is that in the case of face-to-face there is so much manipulation that just obtaining the licenses is complicated.

 Now, surely you think about a physical and online talantin, you are destined to fail.

 Check the online franchises, there are quite a few and in the case of physical ones, the same casinos that exist are always looking for funds, but believe me, entering there is a very closed circle.

[SamReomo]

1. Is running offline casinos the same as running an online casino?

No, running an offline casino is much different than running an online casino. In online casino the owner and workers are hidden from the community unless they want to reveal themselves while in offline casino the owner and the workers are fully visible and they have to deal with agencies, and criminal type of players.

2. What do online casinos have to lose if they aren't making as much money as they intended?

Online casino is a tough type of business, if they aren't making money then it's okay they will survive for sometime but if they are losing money then they will not be able to continue their services and finally they will get bankrupt.

3. With online casinos, isn't the number of hiring being limited compared to someone who wants to run an offline casino?

Yes and no, in some cases online casinos may not hire many members to look after the casino but in other cases when a casino gets bigger they also have to hire more people to look after the things. In offline casino the number of workers is always higher as compare to online ones.

4. Which one is more easier to manage than the other?
And the last question is, which one would you go for if you have the resources?

I believe an online casino is more tough to manage if the owner has less technical skills but if the owner is good technically, then he may handle casino with ease. However, managing of offline casino is always a tough job. I would go for online one if I have resources.

[carlfebz2]

I have been thinking about this a lot now and today again, I did the same, it's probably the right time to pour out my mind to my family on this forum, hope in return to get some great answers.

I know that it's not easy to run a casino, hire workers and some professionals and others, my question is. ....

1. Is running offline casinos the same as running an online casino?

2. What do online casinos have to lose if they aren't making as much money as they intended?

3. With online casinos, isn't the number of hiring being limited compared to someone who wants to run an offline casino?

4. Which one is more easier to manage than the other?

And the last question is, which one would you go for if you have the resources?

1. No, and pretty sure that running offline ones is more expensive i do say.
2. Its simply about the demand and recognition. If the operating cost and expenses is way more than on their revenue then expect they do come bankrupt soon.
3. Few staffs would suffice on which i do believe that it would really be just on having that a couple of staffs for support and everything is automated.
4. Online is a bit passive for owner since everything could be done in front of your PC and not physically

In overall running up these businesses would really be costly and something expensive. The thing i do much prefer on running is offlines ones
on which it is more that engaging into those gamblers locally and could hook up people to play real time.

[Dickiy]

1. Is running offline casinos the same as running an online casino?

In terms of offline casino operations, it will obviously take a lot of workers/employees and we may need a little more costs outside of the budget we have because this is not much different from building a shop, there are many parties that have to be involved. I think you already know this comparison

2. What do online casinos have to lose if they aren't making as much money as they intended?

Increased employee salaries, business premises taxes and not least if the offline casino is in an area that we do not control then it has to pay several guards and that is quite large, plus if it doesn't make money the rent payments etc. still apply.

3. With online casinos, isn't the number of hiring being limited compared to someone who wants to run an offline casino?

It's true, online casinos provide a little relief, but of course we can't be alone in maintaining server security, promotions, and also endorsements from influencers, which are not cheap. Whereas in offline casinos they only need space, promotional boards are enough to attract users.

4. Which one is more easier to manage than the other?

Personally, if your budget is limited, then online is an option and the most important thing is that people don't know the owner. Meanwhile, if you have a large budget, I want the casino to operate offline and online, essentially in one place, where we can reach a wider range of people.

[boyptc]

I have been thinking about this a lot now and today again, I did the same, it's probably the right time to pour out my mind to my family on this forum, hope in return to get some great answers.

I know that it's not easy to run a casino, hire workers and some professionals and others, my question is. ....

1. Is running offline casinos the same as running an online casino?

2. What do online casinos have to lose if they aren't making as much money as they intended?

3. With online casinos, isn't the number of hiring being limited compared to someone who wants to run an offline casino?

4. Which one is more easier to manage than the other?

1. Both are completely different.
2. Expenses. Servers, subscriptions, licensing fees.
3. Both can hire as much as they can depending on their growth and the number of their customers and if the demand is quite high.
4. Offline/physical casinos.

And the last question is, which one would you go for if you have the resources?

There are no cloud security concerns that I have to be worried of with offline.

[noormcs5]

And the last question is, which one would you go for if you have the resources?

The biggest difference between the two is that with an offline casino (a physical one), you need to either rent a building/room in order to establish a casino or own a building and therefore the start-up cost is very high in an offline casino. Also, you need to abide by the state rules and regulations

As compared to this, offline casinos will have no cost on the assets, building and manpower though you need the developers, hosting and other virtual expenses. Also, you do not have to abide by the country's regulations as the gambling casino can be created anomalously without disclosing any identity or sharing any physical presence.

[un_rank]

They are very much different to operate cause they have different characteristics.

In terms of legal licenses, they are pretty much the same. You would need to complete the requirements of the country in which the business is domiciled and every other one they operate in.

Finances are also different and depends on factors like; how many branches you want to open for an offline casino and how many countries you want to be available in for an offline one. But considering all factors it is cheaper for an online casino to be set up than an offline one.

Logistics, including manpower, active hours, etc favors an offline one as well.

Marketing is the same for both.

And the last question is, which one would you go for if you have the resources?

An offline casino

- Jay -

[ryzaadit]

All different.

However, from my perspective running online casino & offline casinos. The biggest different is the human source are needed for running the casino, online casino have less human resource comparing to offline casino.

If you like to be easy, then online casino is the answer.

[Slow death]

1. Is running offline casinos the same as running an online casino?

no, they are very different things, despite being casinos, they are different in many ways. In the case of a physical casino there is a lot of bureaucracy, first the person needs to get in touch with the government and government authority responsible for licensing casinos, then the person will need to buy land to build the casino and it will not be an easy step because the land it will need to be located where the government authorizes the construction of the casino or else the person can also buy houses in the cities and destroy them to build the physical casino, this causes the person to spend a lot of money on buying houses, with the company that will tear down the houses and the company that will build the casino, while in the case of online casinos you only need to buy or code the casino website, pay for the server and coders, the cost is much lower in the case of online casinos

2. What do online casinos have to lose if they aren't making as much money as they intended?

the casino owner only loses the money he spent on the costs of paying the coder to create the casino, server costs, employee salary costs and the losses he had when he paid the winning players with money from his pocket, but if If it were in the case of the physical casino, the losses would be much greater, because they would have to pay taxes, compensate the casino employees, because the employees of the physical casinos have an employment contract. After the casino goes bankrupt, the owner will have the cost of maintaining the physical casino because although it no longer works, the building still remains his and needs care until he can sell it.

3. With online casinos, isn't the number of hiring being limited compared to someone who wants to run an offline casino?

the number of online casino employees is much lower than the number of online casino employees, owning an online casino is not easy, and it is not for everyone

4. Which one is more easier to manage than the other?

Without a doubt, managing an online casino is much easier than managing a physical casino. In the physical casino, governments are more attentive and demand that physical casinos respect the laws, which is why there is a lot involved in managing a physical casino, lawyers work a lot in the physical casino, in the physical casino there is a legal department and a financial department, and human resources department and many other departments, in the online casino there is hardly a lawyer as a permanent employee, this is because they operate in many countries and do not even have a fixed headquarters, the license they have is not a license from a country that has strict laws

And the last question is, which one would you go for if you have the resources?

I would choose to have a physical casino if I had a lot of money and if the feasibility study told me that it could be profitable, a physical casino is a long-term business, something like 10, 20 to 30 years and is closely related to tourism

[Queentoshi]

Do not forget that you do not always need to be at the front of a business even if you are the one to finance it. The success of whichever you choose to manage will depend on the experience of the manager and if you know you have no experience as a new person in the business you can seek the employer a manager who has gathered some experience over the years.

which one would you go for if you have the resources?

I will go for establishing an online casino because the world is going digital, and many activities are now shifting to the online space.

[darkangel11]

You're trying to compare completely different businesses. Brick and mortar casinos have nothing incommon with online casinos apart from the fact that people gamble there. The whole idea is different, for instance you have to get local permits to run because it's a special type of business. It can't be next too schools, can't be in a residential building, you need permits for alcohol, you need security, a vault, cashiers...
I'm sure it's much easier to run an online casino, but the type of business differs greatly so it's like making an online game where you shoot targets vs running a shooting range.

[jossiel]

I'll answer few from the questions of OP since the rest have almost the same thoughts and so as mine.

which one would you go for if you have the resources?

I will go for establishing an online casino because the world is going digital, and many activities are now shifting to the online space.

This makes sense, as much as I want to build an online casino if I'd be the one to choose because it's true that everything is becoming digital nowadays. Marketing is too easy as you'll just have to have an online presence coming up with people whom you hire and will run the campaigns.

While the rest will make your community stay in shape by being active with how they communicate through chats, socials and other platforms where you can build your community.

But I think that there will be point of time that many gamblers would like to be on an ambience dealing with different types of gamblers and having that physical presence. And with that, if it's possible, I'll build two, having that physical casino and those that are comfortable staying online, they'll also have their dedicated website.

[cabron]

If I were to run a casino I would choose online casino. I think it's easier online and you as an owner can travel somewhere and still operate the casino with just the internet, it's much easier this way. Running an offline casino is a much more complicated business since you have to deal with people and authorities as well.

I'm sure you know the huge difference even when you don't own one today. Even when you have only visited an offline casino you can compare how hard it is to operate a traditional casino.

[Odusko]

First by engaging in such comparisons between online and offline casinos, you should be ready to outline alot of things that differentiate both and also be sure to have the right data and analyse them properly before a final statement about the two and by this, we need to have a real-time experience about two, and being just an end user alone will not give us the proper insight information and only those that engage innthe running and operating a casino can really tell us what it requires to have such a successful business.
Online casinos seem to be more flexible to run and also attract more customers compared to physical casinos.

[DiMarxist]

This is not the first time such topics as been created by the Op and the answers have been provided from the previous threads https://bitcointalk.org/index.php?topic=5436332.msg61634613#msg61634613, Op if I could remember you have such topics more in your profile because you have been creating topics on this for friends from the onset. But that is not withstanding. All the two are good to have fun.
But when we talked about population online casinos have more than offline because of the recent population explosion online online cryptocurrency casinos. And the two have advantage and disadvantage. Online could be stressful because of the monitoring and sleepless nights to make sure that gamblers satisfaction is provided while offline casinos has a limit in the day and once night full to some hours, you can close your casino hall and go home but online is not like that. Therefore the offline casino has more advantage than the online.

[electronicash]

you would need a lot of money to run an offline casino. this includes the building. but it's much easier i think to establish something like this all you need are friends who gamble. and of course, friends of the same feathers gamble together and all they need is a proper place where they are not afraid of being caught by authorities.

with online casinos, there are already established ones and competing with them is an uphill battle. developing a new online casino will take time to see the money coming especially when the big and well-known casinos are preferred.

[Dunamisx]

1. Is running offline casinos the same as running an online casino?

They are different, but the operators can decide to run the two altogether, but before then they have to consider the cost for the two and the required technicality in operating both, also the financial resource needed is very important in other to have a successful one.

2. What do online casinos have to lose if they aren't making as much money as they intended?

If you're used to gambling platforms, their first target is to look for for how they can generate traffic, once this is achieved, their first fear is conquered,