Topic: About running an online casino vs an offline casino - page 5. (Read 894 times)

Online casinos will be my pick.
Offline casino means you need to rent out a place for your structure which also means more expense and they are not cheap. Plus, there are lots of paperwork that need to be fixed like certificates and taxation. Although online casinos also have those there are other things that will be cut. Like sanitation and other things.
An online casino only needs an office, which means people are not getting in and out (only the employees) and that's another perk of it. Overall, I think it's way cheaper but you will have to find the right guys who will fix your website and be sure they are trusted. One mistake and one employee could wreck it all because there's no such thing as a secured vault when it comes to online money unlike physical casinos which are running with cash means you could see where it is going.

1. Quite similar, the difference is online casino more efficient while offline casino, you need to visit the place, spend more time with employees etc.

2. Everything, the hosting fees, server fees, license fees, providers fees, employees fees etc.

3. Probably, but it's subjective. In online casino you need to find a good developer which make you need to spend a lot money than just looking for inexperienced people who willing to work and don't mind to get low salary on offline casino.

4. Offline casino I guess, there are many unexpected thing could happen in online casino e.g. hack, server down, virus etc.

Here are my answers to these questions

It's much costlier to run an offline casino because you need to set up a facility or building, hire employees and security, and be compliant with the country where you're casino is operating, of course they have to launch targeted marketing on people to play on their casinos because their coverage is limited based on their location.

Not really that large, if they have recovered the initial cost, it's the maintenance and payout of the staff that are on their priorities list.

That's true which is why new casinos are being launched the cost is not very high and so is maintaining the site.

It takes a lot of planning and will take months and years to build the facility, hire and train staff, and fully operate physical casinos, while it only takes a few weeks to a few months to launch an online casino.

Based on my answers I'll go for online I can save money, time and resources, and its easy to recover the cost

Online casinos and offline casinos have clearly different business formats, there are many things that differentiate them and there are also many advantages and disadvantages of each of these businesses.
Business owners will always try to do whatever they can to get more customers and make as many profits as possible and of course competition happens so quickly that in the end online casinos are far superior.
Even though there are so many online casinos that fail to develop so that they are unable to meet the profit or income targets as expected, in the end casinos that fail to develop will only become shady casinos and try to gain profits by cheating or manipulating.
But all this does not only exist in online casinos but also offline casinos, those who cannot compete well will manipulate all types of games or bets with the aim that gamblers will only continue to lose.
This kind of thing is very normal and is no longer secret.

For the gambling business, we will be able to get more convenience in running it online, but we must have adequate support from a financial perspective because we employ team of experts in their respective fields.
If I had the resources and decided to run gambling business, online would be the choice I would prioritize.
Just look at the development of technology which has developed very rapidly and there is lot of artificial intelligence which can help make work easier and in terms of online gambling promotion it is far superior because almost all gamblers have moved online.

Both of them are the same kind of business which is gambling but the operations are different. Running a physical casino is like having a business with a office address or location. One can work into the casino and meet physical staff. But online gambling is running a casino on the internet. So there is a big difference between them.

The question looks irrelevant to me because the intention for investing in any business is to make a profit. Don't also forget that large funds were invested to set it up, so not making money is a waste of investment.

I have not managed a physical or online casino but common tells me that the former needs more personal. Online casinos can be automated and they could also apply modern technology such as AI to reduce staff. But physical casinos need people to be present to do the tasks.
Both of them are not easy to manage. Businesses face new challenges everyday so every business owner should be strong and skillful to handle these challenges. Also with a sound knowledge, right staffing and proper planning managing business would be easier. But I conclude that none of these type of gambling is easy to run.

I will prefer to go for online gambling because it promotes privacy, modern technology can be applied easily to it and it can be manged from any part of the world.

Obviously no, you have no physical expenses such your building(taxes), lesser manpower, no electricity cost and other fix expenses applicable only for offline casino. Online casino is much lesser expenses and startup investment compared to offline casino.

License cost, manpower cost and server cost but it’s less when you lose in offline casino because there’s a lot of investment at stake when building an offline casino.


Yes


Online casino ofc

I don’t really have much knowledge on this and I don’t know, but my advice is online is more better and easier than the off-line casino. If I am to advice on the best way, I will gladly tell you that you should follow the process of the online as you understand that is more better for me because I have seen a lot of Gambling of line that has been a lot of challenge. That is why online casino be more better on anything better, I mean, anything better or gambling online is more better for me because no one can decide it

Many of your questions can only be answered by casino owners, whether online or offline, because of course their experience will provide the real answers.
However, for question number 3, I have read that there are online casinos that are only run by one person, namely the owner himself and it is very possible that this is due to limited funds because he only started the business with limited capital or because he is able to do it himself but don't expect a casino like that will grow to be big because it is only managed by one person, which will make the response required by players slow, such as withdrawals or complaints and also limited funds will only make it difficult for the casino to survive because having an online casino business is not a business that will definitely provide profits, proven by many casinos online which eventually went bankrupt.

Neither of the two I would choose as the business I would run as it is not a common business also you need to be in a country that legalizes gambling if you want to be a casino owner including online casinos.

1. They are completely different. Offline casinos need physical space and staff, while online one require technology and online law compliance.
2. Simple. Revenue, tech, marketing, license and rule compliance.
3. I worked with an online casino before, overall, we were few but complete in the staff like tech, marketing, finance, etc. Offline casinos need more staff for security and services.
4. Online casinos, only need to stay updated with tech and market trends. While offline casino needs good locations, physical security, maintenance and law compliance.
5. They both have pros and cons but I'll opt for an online casino since it's convenient and I have a variety of games to choose from.

Fist of all my answer here it is purely my opinion hahah because I never open a casino before

1. Is running offline casinos the same as running an online casino?
I think it different offline casino is prestige when you watch in vegas or macau different with online casino and in my opinion the management team and etc is little bit different between offline and online casino

3. With online casinos, isn't the number of hiring being limited compared to someone who wants to run an offline casino?
Yes but in my perspective they still need to pay the slot game providers like pragmatic, Evolution, play tech etc. Either for their slot or their live card game.

4. Which one is more easier to manage than the other?
I think the online one but you do still need a lot of team.

SirJohnVonSlotty has a "ask me anything" thread, you should try asking about these questions on his thread[1], the guy seems to be very knowledgeable about the subject and he might be able to answer your questions accurately since he has been in the industry for a while now.

[1]AMA: I Operate an Online Casino

if I had the resources, I'd go for an online casino, I feel like an online casino is far easier to start than an offline casino. while I know it might still be hard to open and keep it running, I think it is still far easier compared to opening an offline casino.

The  ideology  is simple

Offline  Casino  => physical
Online Casino  => Virtual

Which is easier    A lot of factor should be put into consideration before conclusion
Factors  like Cost of setup cost of maintenance among others are very essential  to put into consideration.

If one is to put almost all the factor into consideration , An online casino should be easier compared to an offline  casino ( Running casino isn't a easy  task generally)

Offline casino is far more cheaper to run compared to online casino with offline casino it would be only control by you and people around your locality to come gamble or play and this also requires lots of players to play between themselves and it may not attracts more attention compared to when millions of people are having access to it online. The drum line is, running a local casino is more cheaper and doesn't generate profits as online casino because with online you get thousands of people visiting the site to play game and bet on any game they which to but it's more expensive to manage where you need to hire workers and someone who would keep maintaining the site.

I am in support of your opinion but let me throw more light. The reason online casinos require fewer manpower resources compared to offline stores is that many of the operations in an online casino are automated and can be managed with a smaller team. Tasks such as customer support and game management can be handled through digital platforms without the need for extensive human intervention. With online casinos, you can reach out to a worldwide audience since it can easily be accessed from anything part of the world that supports gambling. This is different from offline casinos that are limited to attracting players within their locality.

Due to the global audience reach of online casinos, they often require a higher marketing budget to promote their services and attract players. With intense competition in the online gambling industry, investing in marketing campaigns becomes crucial to stand out among competitors and gain visibility. On the other hand, offline casinos targeting local audiences may not need  so much marketing.

I think to get a more accurate answer and from someone who is an expert in the world of gambling and casinos, you can ask in SirJohnVonSlotty's thread. You can find the thread here: AMA: I Operate an Online Casino

I'd like to give my opinion, but this is just my assumption and may not be accurate

1. It's definitely different
2. The loss that occurs is when not many gamblers play there even though there has been a promotion with a large allocation of funds
3. The number of employees may be less but the funds for promotions may be greater than in land-based casinos
4. I don't know, but maybe both are equally difficult

What are we looking to find here in comparison anyway? Just the platform itself is different so I think that itself answers your question but if there's anything specific say, the variety of games, then no they're pretty similar.
Hosting stuff online takes money. Getting games to be used on their site also takes money. Maintenance also takes money. I guess the difference is how much it actually scales in comparison to offline casinos.
Depends. Just as there's engineers for buildings you want to manage the place, there's also engineers for the web.

If you're the one doing the managing, offline. If not and you're hiring people? Online. There's a whole new special skillset in understanding how the web works so relearning that can be hard, unless ofc you hire people.

No! It's different because some physical items must be present and the provisioning required will not be the same as an online casino.

Loss, means they have failed to run the business, sometimes this is not easy maybe people think running a casino will be profitable but if they lack in marketing then the money will run out for ordinary operations.

Like not, it will not be limited in recruitment in terms of the team they will choose in various countries because online casinos may be a little easier than offline casinos.

I think online casinos, this is just my own assumption, while those who run will know which is easier and harder.

Of course it's online casinos.

They are different, but the operators can decide to run the two altogether, but before then they have to consider the cost for the two and the required technicality in operating both, also the financial resource needed is very important in other to have a successful one.


If you're used to gambling platforms, their first target is to look for for how they can generate traffic, once this is achieved, their first fear is conquered,

you would need a lot of money to run an offline casino. this includes the building. but it's much easier i think to establish something like this all you need are friends who gamble. and of course, friends of the same feathers gamble together and all they need is a proper place where they are not afraid of being caught by authorities.

with online casinos, there are already established ones and competing with them is an uphill battle. developing a new online casino will take time to see the money coming especially when the big and well-known casinos are preferred.

This is not the first time such topics as been created by the Op and the answers have been provided from the previous threads https://bitcointalksearch.org/topic/m.61634613, Op if I could remember you have such topics more in your profile because you have been creating topics on this for friends from the onset. But that is not withstanding. All the two are good to have fun.
But when we talked about population online casinos have more than offline because of the recent population explosion online online cryptocurrency casinos. And the two have advantage and disadvantage. Online could be stressful because of the monitoring and sleepless nights to make sure that gamblers satisfaction is provided while offline casinos has a limit in the day and once night full to some hours, you can close your casino hall and go home but online is not like that. Therefore the offline casino has more advantage than the online.