Hey guys and girls is it hard to start a onlinecasino and what does it requires? I don't mean you are affiliate for one but a casino that is completely your own?
Hey! I think to own your own onlinecasino at first you need to get a gambling license. And then you need really MUCH money to promote your casino. Some thousand $$$ won´t be enough I think.
haha.. it's much better to get affiliate casino own brandname.. for you will only spend xxxx$$ of amount.. and $50-$75 of yours for evry income will come.. to ou site..
i think you need at least $500,000 CASH to START or else you will be on a rogue list pretty fast whe u cant pay the bills.
Hey I have an affiliate who already has a steady income from taking bets and we are converting it into a sportsbook and just for your info we have 2 staffed marketing experts with more then 5 years of experience each as well as one outsourced for promotion work. Just the gaming license alone will run you $15,000 minimum when you apply plus yearly fee's. Then if you are doing a casino you must pay for SSL certificate and a service to take money so i would jsut go with verisign ($3,500). Next you will need to pay for encryption software as well as shuffle verification (to say your not cheating) this will run you anywhere from 10k-25k a year. When we wrote up a business plan it costs us $200,000 for first year in expenses plus around $50k a year for marketing and promotion and this is a sportsbook to without any casino stuff as well we already have a steady income from betting right now equaling out to around 300k a year so we know we will get atleast close to our money back first year. It is a VERY VERY risky business and there are many legal ramifications if you do not do it right as well as many hack attempts daily from what I hear as well as people trying to blackmail and extort
Just being a casino affiliate right now is tough enough. I can't even imagine what the costs and headaches of starting up a new casino would be right now. Good Luck, Joe