My own casino??

Hokuspratelll

Dormant account
Joined
Oct 2, 2008
Location
Amsterdam
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???
 

RobWin

closed account
Joined
Apr 24, 2004
Location
A Vault!
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...;)
 

brianzz

Dormant account
Joined
Feb 2, 2006
Location
TN
And evidently you can take deposits and pay every 13th winner, Virtual has been getting away with it for ages.
 

mojo

Dormant account
Joined
Nov 25, 2007
Location
East Coast
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! :p 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. :lolup:

This is a great question Hokuspratelll.
 

jerrylee

Dormant account
Joined
Oct 12, 2006
Location
Playa del Vaquero (I wish)
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
 

mojo

Dormant account
Joined
Nov 25, 2007
Location
East Coast
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. :thumbsup:

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?
 

Alexishot69

Banned User
Joined
Jul 6, 2008
Location
Edinburgh
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" :lolup::lolup:
 

Hokuspratelll

Dormant account
Joined
Oct 2, 2008
Location
Amsterdam
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...)
 

Rhyzz

Full Member
Joined
Jan 4, 2008
Location
United Kingdom
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 :)
 

winbig

Keep winning this amount.
Joined
Mar 10, 2005
Location
Pennsylvania
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.
 

Hokuspratelll

Dormant account
Joined
Oct 2, 2008
Location
Amsterdam
mmm, stupid question maybe

RTG has his own casino's, right? Or are they just the developpers of the software? And Virtual has a bad name, or not? But they seem to be kind of big in the business?

(sorry if i talk stupid, just a newbe who wants to know!)
 

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