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How to start own casino?

Discussion in 'Casino Industry Discussion' started by Demanchez, Mar 4, 2015.

    Mar 4, 2015
  1. Demanchez

    Demanchez Dormant account

    Occupation:
    work
    Location:
    NY
    I'm interested in the development of gambling. How to start this business, online casino?
    Where can I find info?
    What games will bring more profit for owner? How to attract new players?
     
  2. Mar 4, 2015
  3. Matti

    Matti Senior Member MM

    Occupation:
    Business Development Tech
    Location:
    Sweden
    3 people like this.
  4. Mar 5, 2015
  5. conker

    conker Super Moderator CAG MM webmeister

    Occupation:
    Marketer
    Location:
    UK
    Even though that thread is old it seems to cover the question quite well.

    Best of luck to the OP by the way, if he is serious that is :cool:
     
  6. Mar 5, 2015
  7. Mousey

    Mousey Ueber Meister Mouse CAG

    Occupation:
    Pencil Pusher
    Location:
    Up$hitCreek
    If the NY denoting location is in USA, then the OP has many more things to consider before even the basics of how to set up/develop an online casino and what's profitable.
     
    1 person likes this.
  8. Mar 6, 2015
  9. conker

    conker Super Moderator CAG MM webmeister

    Occupation:
    Marketer
    Location:
    UK
    Yes, he is likely going to have to deal with the DoJ.
     
  10. Mar 6, 2015
  11. paul@bgo

    paul@bgo Dormant account

    Occupation:
    Operations Manager
    Location:
    Norwich, UK
    The best way to start an online casino is to pay me LOTS of money and I'll do it for you :D

    (That's a joke by the way...)

    It's an expensive gig. Licensing, Compliance, Technology, Bandwidth, minimum royalty payments, niche market for skilled staff...

    The list is endless, but it's always good to see new brands coming out, it pushes us to do better :)

    Best of luck!
     
    1 person likes this.
  12. Mar 6, 2015
  13. muziq

    muziq Senior Member MM

    Occupation:
    govt
    Location:
    in your heart
    Hmm seems we Cm members hav to fund you to get neteller as deposit option lol

    jus kidding

    almost a year passed after i registering still cant deposit as ewallets is not an option

    great bonus and unique games awee well still waiting ............................................


    used to offer some free creidts and spins now and then it stopped now tahts ok though

    pls bring on e wallets a lot of ppl wanna play there
     
  14. Mar 6, 2015
  15. paul@bgo

    paul@bgo Dormant account

    Occupation:
    Operations Manager
    Location:
    Norwich, UK
    Working on it!! Migration is taking up all resource at the moment as I'm sure you can imagine. Ewallets are on the to do list though!

     
    2 people like this.
  16. Mar 6, 2015
  17. Kopfkino

    Kopfkino Banned User - Angry troll - multi-accounts

    Occupation:
    idk
    Location:
    Saxony
    good, then start to bring more deposit options for german players. the only way i can deposit is Ukash and Ukash is no longer available in Deutscheland. :)
     
  18. Mar 7, 2015
  19. syntynyt

    syntynyt kuollut

    Location:
    ~
    xhttp://www.netentfreespins.info/2014/09/01/costs-price-of-starting-a-white-label-netent-casino-sportsbook/
    so 1 million euros is the cost.
    i wonder if there was any netent based casino that closed its doors for (known) financial problems.
    and after reading this info makes you wonder why slotobank chosen to risk this million for not paying lets assume a total of 80.000 during past months. what is worse in this business than bad publicity? internet have memory and everything will be indexed so they will lose a lot in long term...
     
    2 people like this.
  20. Mar 7, 2015
  21. miso

    miso Meister Member MM

    Occupation:
    accountant
    Location:
    Ireland
    Seems to me there's a lot of people with a spare million these days, so far this year we get a new NetEnt casino almost every week :D
    Which is not a bad thing, I won't play at a lot of these new places, but I can already see that some of my regular casinos have stepped up their promos, or added new softwares.
     
  22. Mar 7, 2015
  23. syntynyt

    syntynyt kuollut

    Location:
    ~
    yeah. imagine though Hello Casino investment in still running 50 free spins worth 25E on Twin Spin with no wagering for everyone, minus few countries, one from where i am :( beside the casino cost, 1m+ imagine those that kept playing after that and won big. good publicity but how many would come back with a deposit? 6 digits must be involved in that risky promo alone. i should play the spanish el nino alongside other big lotteries more often, win and make my own Synty Casino, first on the market to include novomatics and WMS in one package beside the bloody netent which ill be happy to have in this circumstance :lolup:
     
  24. Mar 7, 2015
  25. Webzcas

    Webzcas Winter is Coming! Staff Member

    Occupation:
    Webmaster
    Location:
    Block S25, South Stand, Ashton Gate, BS3
    How to start own casino?: business-cat-meme-generator-seriously-d0b473.jpg,Mar 7, 2015

    If you are asking this question, then I suggest you don't proceed.
     
    1 person likes this.
  26. Mar 9, 2015
  27. paul@bgo

    paul@bgo Dormant account

    Occupation:
    Operations Manager
    Location:
    Norwich, UK
    Pretty far off the mark on this one, no mention of infrastructure costs or any of the actual significant costs involved. A netscaler alone will set you back £100k and that will handle around 3,000 users on site.

    It's an expensive gig to get involved in, but given the potential returns it's also a lucrative one if done properly. You need a solid team behind a startup to give it the best possible chance, money can only get you so far.
     
  28. Mar 12, 2015
  29. Apollo355

    Apollo355 Dormant account

    Occupation:
    Business owner
    Location:
    United States
    This is a question with many answers. And you will need good consultants to help you get started. But some of the things to consider would be:

    - Provide a good selection of games
    - Good and ongoing promotions
    - Good customer service (obvious but many operators still overlook this one)
    - Fast payouts
    - Strong affiliate marketing team
    - SEO
     
    1 person likes this.
  30. Mar 12, 2015
  31. Simmo!

    Simmo! Moderator Staff Member

    Occupation:
    Web Dev.
    Location:
    England
    It's closer to the Ukraine actually :D
     
    1 person likes this.
  32. Mar 14, 2015
  33. Twishez

    Twishez Banned User - spam

    Occupation:
    work
    Location:
    USA
    What do you think about this SNIP option? What if to do the gambking business through them? I read that they have long been engaged in this subject and in many countries even successfully offline.
    Sites that are made on their software I've ever met, but I wonder what will be the salary given the fact that we will have to pay a certain percentage of the company Inbet?
     
    Last edited by a moderator: Mar 14, 2015
  34. Mar 14, 2015
  35. Webzcas

    Webzcas Winter is Coming! Staff Member

    Occupation:
    Webmaster
    Location:
    Block S25, South Stand, Ashton Gate, BS3
    Welcome to CasinoMeister, I see that you are new here. You might want to read the forum FAQs as dropping links to external sites straight off the bat is frowned upon.
     
  36. May 25, 2015
  37. partyhummel

    partyhummel Senior Member mm1

    Occupation:
    ex broker
    Location:
    betty ford clinic
    ukash

    i know two shops in berlin still offering ukash...
     
    1 person likes this.
  38. May 25, 2015
  39. Jakestar

    Jakestar Senior Member

    Occupation:
    Aircraft Pushback Driver
    Location:
    Australia
    This is jumping down the track quite a bit, but if you ever do get to the stage of launching your online casino, my advice for if you want to establish a loyal long term player base, is to not have silly T & C's - especially with bonus and cash out terms.

    For eg. Nothing like "at the discretion of the casino, we can void your winnings for any reason deemed by us" or "6x max withdrawal if a deposit bonus is used" that sorta thing. Just keep them simple, clear and honest. Also, investing in a fast payments team will also bring long term loyalty.
     
    1 person likes this.

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