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-   -   Anyone know how to start an online casino? (https://gfy.com/showthread.php?t=365679)

DirkPitt 10-02-2004 12:14 AM

Anyone know how to start an online casino?
 
or direct me somewhere that explains how. I'm curious. Thanks

SleazyDream 10-02-2004 12:14 AM

first you sell your soul....

Alex 10-02-2004 12:15 AM

1. Get Domain
2. Get Hosting (see siggy)
3. Try cobranding with a larger already developed casino

arg 10-02-2004 12:24 AM

Quote:

Originally posted by kaliboy2g
1. Get Domain
2. Get Hosting (see siggy)
3. Try cobranding with a larger already developed casino

If you live in the US, insert:
0.5. Move out of the US

Phoenix 10-02-2004 12:25 AM

get about five million or so in funds you dont need
after that it would be not that hard

casinos need to have a very large bankroll

i could be way over or way over on the amount needed

DirkPitt 10-02-2004 12:50 AM

Can you just run a sportbook kind of site? Like being a local bookie.

Steen2 10-02-2004 12:51 AM

Interesting.

frankfortuna 10-02-2004 01:02 AM

There are basically 4 major online casino application providers and the licensing models vary. Typically there is a recurrling license fee plus royalties.

http://www.bossmedia.se/
http://www.worldgamingplc.co.uk/
http://www.microgaming.com
http://www.cryptologic.com/

You can also go the sublicensing route.

http://owncasinos.com/

evanmorgan 10-02-2004 01:16 AM

takes money (and i mean money) to make money in the casino biz, unless your some marketing legend you arent going to make much from cobranding.

DirkPitt 10-02-2004 01:19 AM

Quote:

Originally posted by frankfortuna
There are basically 4 major online casino application providers and the licensing models vary. Typically there is a recurrling license fee plus royalties.

http://www.bossmedia.se/
http://www.worldgamingplc.co.uk/
http://www.microgaming.com
http://www.cryptologic.com/

You can also go the sublicensing route.

http://owncasinos.com/

Thats a start thanks. Do you webmaster a gambling site?

hydro 10-02-2004 01:19 AM

best thing to do is get a turnkey casino solution that would include an affiliate program so you can get webmasters promoting you. Some give you around 90% and take care of all the billing and software as well as affiliate management and payments but its not cheap but its the best way to go unless you want to spend alot on ppc and advertising. If you get a turnkey solution you can just let the webmasters worry about getting and retaining traffic.

johndoebob 10-02-2004 01:23 AM

First you need a good amount of money to handle possible losses, money to pay the microgaming software company and pricewaterhouse coopers for their tests and a designer and an offshore server and a local gambling license.

Without a few millions to invest you shouldn't even think about running a casino on your own. :2 cents:

pornstar2pac 10-02-2004 01:29 AM

www.startcasino.com



I owned half of Start Casino until I sold it in 2000 and moved to the Caribbean to learn how to run a sportbook

WWC 10-02-2004 01:45 AM

I have helped consult my friends at PartyPoker and have worked with them when they first started online casinos back in 1996....

Now when you ask " Start an Online Casino ", that can mean several things....either actual be a gaming license holder ( forget it unless you have at least $1million ) or as an affiliate, will take a few hours....

supermann 10-02-2004 06:07 AM

How much money do you even have?? It takes around 2 million dollars to start a reputable casino, then you just buy the software and host it. Pretty simple, but with over 400 online casinos, I have no idea how you are going to put yourself apart.

robfantasy 10-02-2004 06:24 AM

yea online gaming seems oversaturated as fuck. the barriers of entry are way to high for newer start up casinos imo

Wiggles 10-02-2004 06:25 AM

I really don't think you understand how much it costs haha

$5 submissions 10-02-2004 06:28 AM

The programming portion can be lowered through SELECTIVE outsourcing. However, you need a serious Merchant Account and offshore hosting. plus the capital requirements are insane.

Paparazzi 10-02-2004 06:32 AM

Quote:

Originally posted by frankfortuna
There are basically 4 major online casino application providers and the licensing models vary. Typically there is a recurrling license fee plus royalties.

http://www.bossmedia.se/
http://www.worldgamingplc.co.uk/
http://www.microgaming.com
http://www.cryptologic.com/

You can also go the sublicensing route.

http://owncasinos.com/

thanks man :)


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