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Old 9th July 2010, 02:39 AM   #1
SanWay
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Default Start Online Casino

After analysing the online market and I've come to a conclusion that online casino or poker room can be a very profitable business with little start up costs. But profits can be huge as very many people play online. What are your point of view on this issue.

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Old 9th July 2010, 09:25 PM   #2
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Well it depends how much you have to invest.

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Old 9th July 2010, 11:23 PM   #3
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Great! I don't have a problem with it... but with the sites we already host and maintain (and none of them are anywhere close to being complicated) I am willing to bet that a gambling site is pretty much a full time job with all the glitches and things that come up. I assure you any off the shelf set up you get will promise the sun, moon and stars that it works smoothly. All I can tell you is that you better have a WELL ROUNDED programmer on your side... who is available to complete tweaks and stuff.

Good luck!

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Old 11th July 2010, 01:04 PM   #4
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One word. competition.

Can you compete? Its a whole different "game" from what's being discussed within these circles.

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Old 22nd July 2010, 03:44 PM   #5
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Default A double edge sword...

Some online casinos make a killing...but usually only the ones that are established and have credibility.

Too many are always under investigation and are rife with complaints about game fixing, manipulation, and not making payouts as advertised.

Then there is the fact, that if you are a US citizen, and trying to operate an online casino - which is ILLEGAL in the US - there is always the ongoing pressure by the US to find a way to tax if they cannot shutdown an offshore casino - since that is where you would have to host it.

Yes, there is an allure to owning one...but there are some serious risks to balance versus potential profits.

Tons of research legwork is the name of THIS game.

My 2 cents

Good luck!

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Old 2nd August 2010, 11:43 PM   #6
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Thumbs up Start Online Casino

MicroGaming casinos generally have the best reputation. In the few casinos (and they are very rare) where a Microgaming casino has gone under, the software provider has stepped up and sorted out player problems/winnings.RTG probably have the worst reputation of the bunch simply because they've had some quite shady casinos operating with their software and RTG haven't always been as helpful as they could have been. On the plus side, things have changed quite considerably over recent years and they're a much stronger brand now than they perhaps have been in the past

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Old 3rd August 2010, 11:38 AM   #7
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Quote:
Originally Posted by Logan View Post
One word. competition.

Can you compete? Its a whole different "game" from what's being discussed within these circles.
very true.

if their is a ton of money to be made with low start-up costs then you can bet that their is a ton of competition. just look at keyword difficulty scores for online casinos! it's crazy

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