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Old 20th October 2009, 08:10 PM
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Starting a Casino site?

How much would it run me about? I did figure out the programs for emailing a few websites mostly out of Toronto area charging like 15,000 to 20,000 plus they want a % of the profits each month (mafia style).

Do you need like millions to start one? If so screw it.

Ghost.
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Old 21st October 2009, 12:34 AM
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Are you talking about an affiliate site or an operator site?

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Old 21st October 2009, 01:20 AM
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Start an affiliate site first, if you can be successful at that then you have a chance at starting your own casino site. At least with an affiliate site if you don't like the work or are not happy with the income then you will only have lost a minor investment in a domain, hosting, graphic design and some time.
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Old 25th October 2009, 07:58 AM
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Are you talking about an affiliate site or an operator site?

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Owning the site. Where the money is at.

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Old 25th October 2009, 07:59 AM
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Quote:
Originally Posted by RockbetJohn View Post
Start an affiliate site first, if you can be successful at that then you have a chance at starting your own casino site. At least with an affiliate site if you don't like the work or are not happy with the income then you will only have lost a minor investment in a domain, hosting, graphic design and some time.
That would be the one. I know you need lots of money but not sure on how much that would be. Then all the rules, laws over the internet and countries.

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Old 27th October 2009, 07:34 PM
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2 Mio. Euro or equivalent if you want to run it with a proper license (Malta, Gib etc. - NOT offshore)
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Old 27th October 2009, 07:52 PM
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Be careful tho...someone might have seen your amazing Roulette system, and could rip you off in no time
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Old 27th October 2009, 08:45 PM
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Quote:
Originally Posted by Ghost View Post
How much would it run me about? I did figure out the programs for emailing a few websites mostly out of Toronto area charging like 15,000 to 20,000 plus they want a % of the profits each month (mafia style).

Do you need like millions to start one? If so screw it.

Ghost.
You need exactly $768,121.09

Dude its going to take a lot of cash to start up a decent online casino, Software fees, website design, promotions, advertising. Having a large bank account so you can pay players out quickly.

P.S. Anyone who asks this question cannot afford to start a casino.
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Old 27th October 2009, 08:57 PM
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This was talked about some time ago,
http://www.casinomeister.com/forums/...ne-casino.html
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Old 28th October 2009, 12:29 PM
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Quote:
Originally Posted by RockbetJohn View Post
Start an affiliate site first, if you can be successful at that then you have a chance at starting your own casino site. At least with an affiliate site if you don't like the work or are not happy with the income then you will only have lost a minor investment in a domain, hosting, graphic design and some time.
Good advice!

Quote:
Originally Posted by zebedy View Post
This was talked about some time ago,
http://www.casinomeister.com/forums/...ne-casino.html
Thanks!

To start a (successful/legitimate) casino, you're going to have to do a hell of a lot of footwork. For one thing, you need to attend the i-gaming conferences so you can gather information on licensing jurisdictions, software providers, e-cash providers, legal issues, and marketing. It will take you a good 2-3 years to do this if you're coming right off of the streets - which I'm assuming you are doing.

Then there is the issue of support - you're going to have to hire people and set up offices. This is going to rely on your networking expertise - hopefully something you've covered while attending conferences.

Then you need at least € 2 million at hand for start up costs. And of course money in the bank to keep the business flowing - so you're going to have to convince your investors that you're all squared away in a tumultuous business environment. It's not for the meek; it's extremely competitive and volatile.

I would recommend becoming an affiliate first. Starting a "real" online casino is not as easy as one might think.
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