Online Casinos - Casinomeister Logo Online Casinos - Casinomeister
Page 1 of 2 12 LastLast
Results 1 to 10 of 13

Thread: Starting a Casino site?

  1. #1
    Ghost is offline Experienced Member
    Join Date
    Oct 2009
    Location
    Luxembourg.
    Posts
    94
    Thanks
    7
    Thanked 4 Times in 4 Posts
    Rep Power
    11
    Reputation Points: 177

    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.

  2. #2
    NicolasJohnson's Avatar
    NicolasJohnson is offline Online Gaming Affiliate Manager Achievements:
    1 year registered5000 Experience PointsTagMeisterPeople Likes YouTagger Tenderfoot
    Join Date
    Feb 2009
    Location
    Costa Rica
    Posts
    292
    Thanks
    329
    Thanked 585 Times in 178 Posts
    Rep Power
    33
    Reputation Points: 3715
    Are you talking about an affiliate site or an operator site?

    Kind Regards,
    Nicolas Johnson
    Regal Affiliates Manager

  3. #3
    RockbetJohn is offline Dormant account
    Join Date
    Mar 2009
    Location
    Toronto - Barcelona
    Posts
    41
    Thanks
    4
    Thanked 27 Times in 15 Posts
    Rep Power
    0
    Reputation Points: 145
    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.

  4. #4
    Ghost is offline Experienced Member
    Join Date
    Oct 2009
    Location
    Luxembourg.
    Posts
    94
    Thanks
    7
    Thanked 4 Times in 4 Posts
    Rep Power
    11
    Reputation Points: 177
    Quote Originally Posted by NicolasJohnson View Post
    Are you talking about an affiliate site or an operator site?

    Kind Regards,
    Nicolas Johnson
    Regal Affiliates Manager
    Owning the site. Where the money is at.

    Ghost.

  5. #5
    Ghost is offline Experienced Member
    Join Date
    Oct 2009
    Location
    Luxembourg.
    Posts
    94
    Thanks
    7
    Thanked 4 Times in 4 Posts
    Rep Power
    11
    Reputation Points: 177
    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.

    Ghost.

  6. #6
    BigBen is offline Newbie member
    Join Date
    Jul 2009
    Location
    Vienna
    Posts
    7
    Thanks
    0
    Thanked 1 Time in 1 Post
    Rep Power
    0
    Reputation Points: 15
    2 Mio. Euro or equivalent if you want to run it with a proper license (Malta, Gib etc. - NOT offshore)

  7. #7
    LaHutti's Avatar
    LaHutti is offline Sr. ÜberUnter Ass. Man.
    Achievements:
    Veteran5000 Experience PointsFriends R Us
    Join Date
    Mar 2008
    Location
    Beam me up Scotty, There's no intelligent life down here.
    Posts
    890
    Thanks
    558
    Thanked 402 Times in 245 Posts
    Rep Power
    32
    Reputation Points: 2342
    Be careful tho...someone might have seen your amazing Roulette system, and could rip you off in no time
    By failing to prepare you are preparing to fail.

    Benjamin Franklin

  8. The Following 2 Users Say Thank You to LaHutti For This Useful Post:

    Jasminebed (1st November 2009), slotheadlizard (27th October 2009)

  9. #8
    lnspin's Avatar
    lnspin is offline Senior Member
    Join Date
    Mar 2005
    Location
    WorldWide
    Posts
    392
    Thanks
    321
    Thanked 208 Times in 125 Posts
    Rep Power
    36
    Reputation Points: 1116
    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.

  10. #9
    zebedy's Avatar
    zebedy is offline Who Drank All The Beer Achievements:
    Veteran25000 Experience PointsFriends R Us
    Join Date
    Jun 2007
    Location
    Somewhere between Rock and Hardplace
    Posts
    723
    Thanks
    321
    Thanked 483 Times in 230 Posts
    Rep Power
    38
    Reputation Points: 2819
    This was talked about some time ago,
    http://www.casinomeister.com/forums/...ne-casino.html
    I gave up gambling,
    Now all i ever do is make mind bets,
    You never bet any real money you only bet in your mind.
    The results are fairly good, ive only lost my mind 5 times so far this month

  11. The Following 2 Users Say Thank You to zebedy For This Useful Post:

    Casinomeister  (28th October 2009), Jasminebed (1st November 2009)

  12. #10
    Casinomeister's Avatar
    Casinomeister is offline Cheermeister Achievements:
    Meister ReferrerVeteranCreated Album picturesCreated Blog entry50000 Experience Points
    Join Date
    Jun 1998
    Location
    We be chillin'...
    Posts
    19,407
    Blog Entries
    7
    Thanks
    3,332
    Thanked 11,759 Times in 4,023 Posts
    Rep Power
    15
    Reputation Points: 62074
    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.
    Beer is living proof that God loves us and wants us to be happy
    ~Ben Franklin

    Useful links: ~ Accredited Casinos ~ I-Gaming Representatives ~ Evil Section ~ My Wish List ~ Donate Now!

Page 1 of 2 12 LastLast

Similar Threads

  1. Starting an Online casino
    By benpals in forum Ask the Meister
    Replies: 3
    Last Post: 25th March 2007, 11:48 PM
  2. Thinking Of Starting an online casino, advice required
    By steveoracle in forum Online Casinos
    Replies: 8
    Last Post: 20th July 2005, 03:10 AM
  3. Starting Sportsbook/Poker Site
    By defpig99 in forum Affiliate Issues
    Replies: 2
    Last Post: 15th January 2005, 07:26 PM
  4. Costs Of Starting An Online Casino
    By Black21Jack in forum Online Casinos
    Replies: 23
    Last Post: 3rd September 2004, 11:25 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Legal Statements and Privacy Policy
Casinomeister.com does not intend for any of the information contained on this website to be used for illegal purposes. You must ensure you meet all age and other regulatory requirements before entering a casino or placing a wager. Online gambling is illegal in many jurisdictions and users should consult legal counsel regarding the legal status of online gambling and gaming in their jurisdictions. The information in this site is for news and entertainment purposes only. Casinomeister.com is an independent directory and information service free of any gaming operator's control. Links to third party websites on Casinomeister.com are provided solely for informative/educational purposes. If you use these links, you leave this Website.