Starting a Casino site?

Ghost

Dormant account
Joined
Oct 7, 2009
Location
Luxembourg.
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.
 

RockbetJohn

Dormant account
Joined
Mar 20, 2009
Location
Toronto - Barcelona
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.
 

Ghost

Dormant account
Joined
Oct 7, 2009
Location
Luxembourg.
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.
 

BigBen

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Joined
Jul 16, 2009
Location
Vienna
2 Mio. Euro or equivalent if you want to run it with a proper license (Malta, Gib etc. - NOT offshore)
 

LaHutti

Sr. ÜberUnter Ass. Man.
PABaccred
PABnonaccred
Joined
Mar 19, 2008
Location
East and West
Be careful tho...someone might have seen your amazing Roulette system, and could rip you off in no time :rolleyes:
 

lnspin

Senior Member
webmeister
Joined
Mar 23, 2005
Location
WorldWide
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 :p

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.
 

Casinomeister

Forum Cheermeister
Staff member
Joined
Jun 30, 1998
Location
Bierland
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! :thumbsup:

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.
 

Webzcas

Winter is Coming!
Joined
Mar 31, 2005
Location
Block S25, South Stand, Ashton Gate, BS3
You could of course use the services of Start-your-casino.com :D LOL

Seriously, as has been stated above. Become an affiliate first, get to know the industry, attend every industry convention going. Build on your networking and contacts and then maybe in a few years you might be in a position to starting your own casino.
 
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Ghost

Dormant account
Joined
Oct 7, 2009
Location
Luxembourg.
Thank you all. The thing I wanted to do was a bingo like website, no slots, roulettes, poker, etc.

Just simple bingo, and nothing else.

Thanks all. :)
 

BigBen

Dormant account
Joined
Jul 16, 2009
Location
Vienna
why are you asking for the costs of a casino website if you want to run a bingo site????
 
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