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Thread: My own casino??

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    Hokuspratelll is offline Newbie member
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    My own casino??

    Hello!

    I hope this is the right place to ask this question;

    how about starting our own casino? Is that possible? I mean, all we need is a piece of software and a paymentmethod. And a licensy. Or not???

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    mojo (5th October 2008)

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    RobWin is offline closed account
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    Quote Originally Posted by Hokuspratelll View Post
    Hello!

    I hope this is the right place to ask this question;

    how about starting our own casino? Is that possible? I mean, all we need is a piece of software and a paymentmethod. And a licensy. Or not???
    You could always get one of the fake licenses from the Costa Rican authorities, not that it really means a hill of beans though, so in that respect I would say no...no license needed...

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    brianzz's Avatar
    brianzz is offline All Around Douchebag
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    And evidently you can take deposits and pay every 13th winner, Virtual has been getting away with it for ages.

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    chayton (4th October 2008)

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    mojo is offline Dormant account
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    Quote Originally Posted by Hokuspratelll View Post
    Hello!

    I hope this is the right place to ask this question;

    how about starting our own casino? Is that possible? I mean, all we need is a piece of software and a paymentmethod. And a licensy. Or not???
    When I was new to this I actually thought about this. In fact, after I made my first deposit at an online casino, I checked it out a bit further (of course after the fact like all newbies do). I found it was located outside the US. I thought I would look around for a US based online casino. So I searched high and low. Ok, don't laugh! You can guess the results. I couldn't find a single online casino located in the USA. The typical online VEGAS xxxx Casino was misleading.

    Still being new and having learned more after some months, I thought maybe we could get a casino going, right?

    Your question is very valid Hokuspratelll. Besides the liscensing issues, did you know that it would cost multi-millions to purchase an online Microgaming Casino with all games and software and payment processeors included? RTG is a little less. You need staff and tracking and customer service and and...etc.

    There is other software you can buy for various gaming softwares but the old saying 'you get what you pay for' holds true.

    This is a great question Hokuspratelll.

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    jerrylee is offline Dormant account
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    starting your own casino surely takes much more than having software, payment solutions and a license. think of the staff, hardware, support, big time capital to cover cash outs, etc. you'd need

    if you want to go for the turn key easy solution and make some money on the side i'd vote for becoming an affiliate for an accredited "do it yourself" casino
    i don't want to spam on this thread so pm me if you want more details

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    mojo is offline Dormant account
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    if you want to go for the turn key easy solution and make some money on the side i'd vote for becoming an affiliate for an accredited "do it yourself" casino
    In other words a white label? There is a whole 'nother group of problems with that. However, I like your style not spamming.

    There is more to owning a casino as the folks here could tell you. Let's see, liscense, cust. service, software, hardware, processors, accountants, games verification, affilate managers, incentives and payouts. What am I forgetting?

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    Alexishot69 is offline Banned User
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    cant believe

    Some of those rogue places spend much on live chat tbh..all you would need is an auto responder saying "your cheques on its way"

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    Hokuspratelll is offline Newbie member
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    Thanks!

    Thanks for all your input!

    I am a total newbe to the online gaming business. But as i can see so far and if i am right, there are only five or six big online gaming companies, correct? And those people have sites under a dozen of different names... Or not? and if so, i am wondering, why can't i run a casino under such a name with their software?

    Also, i found this: hp://www.wsr-corporation.com/en/index.html. Probably there are laywers who can fix for ya the paperwork that comes with starting your own virtual casino.

    But maybe an affliate is more easie to start with...

    (sorry for my english, i am such a fool with that language...)

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    Software licensing, Gaming license, Staff costs, operational costs (Bandwidth, servers, etc), premises, Capital, Marketing...

    Piece of cake, just give me $2million and i'll get it up and running for you

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    Quote Originally Posted by Rhyzz View Post
    Software licensing, Gaming license, Staff costs, operational costs (Bandwidth, servers, etc), premises, Capital, Marketing...

    Piece of cake, just give me $2million and i'll get it up and running for you
    Heck, just buy the software from RTG, and use the same business model as Virtual. Other than the software licensing fees, you could have your own casino up and running with a few hundred bucks.
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