I've been on this forum long enough to see perhaps hundreds of casinos come and go. They keep appearing and dying shortly afterward all the time, and I wonder why people still take such a high risk of opening a casino when there is a close to 100% chance your casino will fail. This got me thinking about popular casinos. Of course, we all know the names. But they are usually years old, not anything from 2019-2020. The one exception is Stake.com, but I wouldn't count it as an example of a new casino appearing out of nowhere and attracting gamblers because it did not come out of nowhere (it's owned by Primedice). Is it just me or are there virtually no recent casinos that got popular? Or can you name some examples? And in general, do you think new casinos appearing in 2020 stand a chance against those with solid reputation and long time on the market?
Answer lies in your question. Stake is a new casino, you can't deny this fact but at the same time you mention that it's not new because there is primedice team behind it, so, primedice is the key here. Well established, experienced team launched new casino stake that achieved great success because of good management and proper strategies that includes marketing and everything.
New casinos fail because most of them don't have necessary budget to handle developers, marketing and winning costs, some of them want to run casino just by buying some scripts online, ie trolls. Serious people will never fail in this business. See the success of casinos like Bitsler, FJ, cryptogames, yolodice and similar ones, their success is not a secret and there isn't any secret formula except good capital and hard work for more creativity and progress.
Also newer and probably another successful crypto gambling website can become wolfbet. So, not everything fails.
It's never too late to run any business and achieve success. Not only business but humanity is using gold and paper money for centuries but Bitcoin achieved huge success in a very short time frame and you may know how it all started, without massive ads and etc run by satoshi.