Own Your Own Online Casino
To start an online casino one should consider the four main ways:
- Start Your Own Online Casino Free
- Own Your Own Online Casino For Fun
- Who Can Own Casino
- Open Your Own Online Gambling
1. Design and implementation of casino software by your own forces
Sep 04, 2021 Turnkey Casino and Sportsbook saves your: 1. Time-The DIY development of an online Casino and Sportsbook can become a burden, since estimating the performance testing time can be laborious. Resources- Use delegation as your tool, and save time on recruitment, staff supervision and quality assurance. While developing a Turnkey online Casino. To start an online casino one should consider the four main ways: 1. Design and implementation of casino software by your own forces. This way presupposes the whole process of creation, implementing and marketing performed by yourself. This can cost millions of dollars to handle the issue of starting your own online casino by yourself.
This way presupposes the whole process of creation, implementing and marketing performed by yourself. This can cost millions of dollars to handle the issue of starting your own online casino by yourself.
| PROS | CONS |
| 1. Full control over the casino | 1. Extremely expensive |
| 2. Source code ownership | 2. Approval from third parties necessary |
| 3. No Royalties | 3. Tough and expensive advertising and marketing |
2. Become a licensee of an online gambling software provider
This method means leasing online gambling software from a software vendor. This will be much less expensive in terms of money and effort. Usually online gambling software costs from $30,000 to $400,000 down-payment. In most cases you will be included into an already existing network, so less time and money will be spent by you. But software vendors work on a revenue share basis requiring from 30% to 70% of profits generated by you. Moreover, you’ll have to comply with certain rules set by the software vendor.
| PROS | CONS |
| 1. Less money to start | 1. No full control over the casino |
| 2. Less effort for a casino set up and advertising | 2. Necessity to comply with rules of software vendor |
| 3. No need to be approved by third parties | 3. Monthly royalties |
Start Your Own Online Casino Free
3. Become an Affiliate of a licensee
This option is the least expensive. This scheme works as follows: you receive a casino website and make all marketing and advertising job and receive a small percent from a licensee. The average cost of such solution is from nothing to $10,000.
| PROS | CONS |
| 1. Relative cheapness | 1. No control over business |
| 2. No responsibility | 2. Small profits |
| 3. No organization effort | 3. Full dependence on the will of a licensee |
4. Purchase Online Casino Software from a Developing Company
This option can be considered one of the best ways to start your online casino. You purchase ready-made online casino turnkey solutions from a software developer. The software is installed on your servers under the domain name you choose. All technical aspects like server configuration, software customization, design, and payment systems implementing is done for you by the developing company. The approximate cost of the solution is $60,000-$500,000. After you have purchased you casino you are provided with control and management tools and become the only owner of an online casino with no revenue share necessity.
Own Your Own Online Casino For Fun
| PROS | CONS |
| 1. Full control over the casino | 1. Full responsibility |
| 2. No Royalty payments | 2. Licensing procedure done by yourself |
| 3. Custom made solution | 3. More effort on marketing |
Your own fully functional Online Casino business with complete ownership & 100% profits.
Who Can Own Casino
Casino Software Ready for Real Play, Free Play, Credits and Cryptocurrencies.
