Creating and launching an online casino requires certain knowledge of technology, marketing and legal aspects of the iGaming business. Start with these four easy steps and bring your ideas about beginning an online casino to life! Get more information by ☎ +0832. Expert Online Casino Reviews - Casino.org independently review & rank each online casino with our '25 step process'. Comparing games, bonuses + more. Setting up an online casino is far more involved than many think, and the level of cost can be frightening. However, for well-run, successful casinos the profits on offer more than justify the costs. Even a $1 million outlay could be easily recouped by a solidly run online casino within a year. Now that you know about the software provider that will be offering you the games for your online casino, you will need to have a good website. The website that you create should be well-designed and have all the necessary aspects of a good online casino. Before anything, you must ensure that the website looks attractive enough.

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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.

PROSCONS
1. Full control over the casino1. Extremely expensive
2. Source code ownership2. Approval from third parties necessary
3. No Royalties3. Tough and expensive advertising and marketing
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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.

PROSCONS
1. Less money to start1. No full control over the casino
2. Less effort for a casino set up and advertising2. Necessity to comply with rules of software vendor
3. No need to be approved by third parties3. Monthly royalties
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3. Become an Affiliate of a licensee

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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.

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PROSCONS
1. Relative cheapness1. No control over business
2. No responsibility2. Small profits
3. No organization effort3. 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.

Online Casino Strategy

PROSCONS
1. Full control over the casino1. Full responsibility
2. No Royalty payments2. Licensing procedure done by yourself
3. Custom made solution3. More effort on marketing