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I also read an Australian article years ago saying the average loss for an online player was about US$8000 a year but it's probably not accurate.
A few years ago I think almost every casino was profitable. Boss Media said a few years ago that all their licensees were profitable when I asked whether they would pay if a licensee goes out of business (they said they would). Microgaming didn't reply.
Before then hardly any casinos closed and none from the major software companies. Now they close all the time.
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