Casino with an online and offline branch. - page 4.

alegotardo

legendary

Activity: 2352

Merit: 1121

☢️ alegotardo™️

Quote from: Queentoshi on October 27, 2022, 11:37:18 AM

Are there any Casino's that are both online and have Land based locations where people can visit to gamble physically?

It is more likely for Land Based casinos to consider going online, but what are the chances that a casino that has started online will consider opening up a Land based casino in a very good gambling location? Do you think it will be good for increasing profit?

I believe that with the pandemic, many casinos physically closed their doors and went to the digital environment.
But I don't know and I don't believe there is any casino that has done the opposite way.

I believe that online casinos are much more profitable for their administrators because the costs are much lower and also because it is possible to serve many more customers.
I don't understand why an online casino would want to open a physical business as well.

CryptoHeadlineNews

hero member

Activity: 1092

Merit: 747

Quote from: Queentoshi on October 27, 2022, 11:37:18 AM

Are there any Casino's that are both online and have Land based locations where people can visit to gamble physically?

It is more likely for Land Based casinos to consider going online, but what are the chances that a casino that has started online will consider opening up a Land based casino in a very good gambling location? Do you think it will be good for increasing profit?

The truth of the matter is that we live in an era where online business does more better than most physical businesses, and casino gambling business is one that is currently booming now.
It will be rare seeing a casino doing far more better online thinking about establishing a physical presence, unlike how physical casinos rushes over starting an online presence, due to the fact one can gamble from anywhere around the world, anytime and without stress

goinmerry

legendary

Activity: 2940

Merit: 1083

Quote from: avikz on October 27, 2022, 01:04:24 PM

Honestly I don't think we have a crypto based offline casino yet. This could be for many reasons. But we are yet to see that. However I believe some offline land based casinos have tried to go online during the COVID lockdown time to keep their revenue rolling but they are definitely not crypto based casinos.

But if I think from a profitability perspective, an online casino can be more profitable if we only compare their gambling income. Because you don't have to maintain a huge establishment and many employees. But offline casinos earn the most from food and drinks. So these are two very different proposition.

I think OP is not asking for a crypto-gambling but looking in general. I agree though with your statement that maybe some land-based casinos shift their system into online gambling for the meantime while everything is in lockdown and to make the business still operating during the lockdown.

As far as I know, the online version of land-based casinos is something that we can't see that much and I don't know if one of them exists. I think when these land-based casinos stop operating during the lockdown, they literally stop without pushing for their online casino version. They even lay off some of their employees and that means they don't intend to spend more building and developing an online casino but instead, wait for years to become freely operational again.

KennyR

hero member

Activity: 2310

Merit: 532

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

The chances are very low for an online casino to have an offline branch. During the pandemic most of the Casinos went shut, and the same have made those Casinos into online gambling platforms. Such a way we've got good number of offline casino now with online services. But, those doesn't give the best outcome same as that we experience with the cryptocurrency accepted gambling platforms.

samcrypto

sr. member

Activity: 2044

Merit: 314

Vave.com - Crypto Casino

Quote from: Doell on October 27, 2022, 03:58:21 PM

Quote from: $crypto$ on October 27, 2022, 03:00:15 PM

I think online casinos are more profitable than land-based casinos, with online casinos they can have more customers all over the world whereas land-based casinos only reach in close areas in the sense that they want to leave otherwise they certainly won't do gambling, online casinos more practical wherever you can do it.

You are right, for an online casino that has become popular on the internet, possibility not going try to open a land based casino because the customers are already it's all over in the world. Rather than to open a land casino which also requires a long process, platform are better off collaborating with other artists and companies to increase popularity, to attract more whale customers.

They are both profitable that’s why there’s still a land-based casinos and seriously big players still prefer to gamble in casinos than to play online because they have no time for online. I’m not familiar with any crypto site having their own land-based casinos, it may not be feasible for them since crypto are still not accepted in many countries and having that casinos might not boom since adoption is still a problem. This are more feasible for a fiat based casinos, they can work with this easily.

milewilda

legendary

Activity: 3094

Merit: 1127

Quote from: Saisher on October 27, 2022, 04:57:18 PM

It goes down to cost and profit it's easier to set up online casinos nowadays the cost of running online casinos is not even half of the cost of setting up and running land-based casinos, they will have to buy or rent a building, hire personnel get clearance from the local and they will be subjected to a lot of inspection, like sanitary and fire, with online casinos, they only need a few stuff, buy Whitelabel subscribe a very good hosting and it will not be half of launching land-based casinos.
In terms of profit, it's more profitable and easy to manage online casinos than land-based ones, which is why we don't see online casinos with offline branches.

If we do talk about cost on building neither offline or online then we could really see the differences on which it would be insensible for those offline casino owners to create online if they could really generate much profit on their current physical casino.They might be having some reconsiderations but it would be unlikely.Just like on what been said on early pages that they won't really be likely on hassling themselves on having multiple platforms to operate and would rather focus on single platform.If they could bare out with the expenses and the budget then go ahead but if not then they would rather be sticking on where
they had rooted themselves.Handling both things couldnt be that simple yet it would be requiring more staffs and other things needs to be complied.

Saisher

full member

Activity: 2324

Merit: 175

It goes down to cost and profit it's easier to set up online casinos nowadays the cost of running online casinos is not even half of the cost of setting up and running land-based casinos, they will have to buy or rent a building, hire personnel get clearance from the local and they will be subjected to a lot of inspection, like sanitary and fire, with online casinos, they only need a few stuff, buy Whitelabel subscribe a very good hosting and it will not be half of launching land-based casinos.
In terms of profit, it's more profitable and easy to manage online casinos than land-based ones, which is why we don't see online casinos with offline branches.

Mahanton

hero member

Activity: 2730

Merit: 632

Quote from: Queentoshi on October 27, 2022, 11:37:18 AM

Are there any Casino's that are both online and have Land based locations where people can visit to gamble physically?

It is more likely for Land Based casinos to consider going online, but what are the chances that a casino that has started online will consider opening up a Land based casino in a very good gambling location? Do you think it will be good for increasing profit?

So far or basing up on my own awareness which i dont really see for a company to have both casinos which offline and online but im not sure if there are ones who are already existing which we could really
think off the probabilities since its not really that a bad idea on having expansion but as an owner, if you do gain up that much whether on physical or online casino then you would definitely be minding off
on continuing to enhance your site or putting up your focus because if you do have both things then you would definitely be having divided focus which you would need to maintain
both things but if it turns out that it wont be a problem then i dont see for them not to consider on having that add up.

TimeTeller

hero member

Activity: 2744

Merit: 588

Quote from: ryzaadit on October 27, 2022, 04:41:53 PM

I tough "LeoVegas" have Landbase because of his name, but the reality is not.

IMO, the problem for online-casino not opening offline branch (Landbase) is more complicated rather than handling online casino. Landbase can opened online while they hiring some developer meanwhile online casino who want to operated offline they need to think like Place, Resource, Game, etc.

In online, you just can buy a setup and easily to be instal.

I haven't read or heard from this forum that a crypto or online casino has their land-based casino.
More likely, a land based creating their online counterpart. But it is more on fiat-based casino.
That is true, the set-up of online is much easier than having a land-based counterpart.
The place/building itself requires a lot of papers and documentation before they can build one.

ryzaadit

legendary

Activity: 2660

Merit: 1261

I tough "LeoVegas" have Landbase because of his name, but the reality is not.

IMO, the problem for online-casino not opening offline branch (Landbase) is more complicated rather than handling online casino. Landbase can opened online while they hiring some developer meanwhile online casino who want to operated offline they need to think like Place, Resource, Game, etc.

In online, you just can buy a setup and easily to be instal.

coin-investor

hero member

Activity: 2996

Merit: 598

Leading Crypto Sports Betting & Casino Platform

Quote from: Queentoshi on October 27, 2022, 11:37:18 AM

Are there any Casino's that are both online and have Land based locations where people can visit to gamble physically?

So far all the popular online casinos that I've known or have an announcement do not have an offline branch there's nothing on their announcement that will say they have one, but of course, they do have physical offices I'm sure it does not look like a casino

Quote

It is more likely for Land Based casinos to consider going online, but what are the chances that a casino that has started online will consider opening up a Land based casino in a very good gambling location? Do you think it will be good for increasing profit?

They can do that but why would they, online casinos are much easier to handle especially in times of pandemic, compared to physical casinos the cost is much lesser and they do not need a lot of staff, and of course, the regulators and license are easier for online casinos than a land-based, they can set up a branch offline but they prefer o concentrate online because the market is more wider than on physical casinos.

Baofeng

legendary

Activity: 2576

Merit: 1655

Quote from: Queentoshi on October 27, 2022, 11:37:18 AM

Are there any Casino's that are both online and have Land based locations where people can visit to gamble physically?

It is more likely for Land Based casinos to consider going online, but what are the chances that a casino that has started online will consider opening up a Land based casino in a very good gambling location? Do you think it will be good for increasing profit?

I don't think this is a good idea for a known online casino to put up a land base.

I mean they will have to compete with the top names in the landbase casino industries so that will be tough, in my opinion. If they are taking over the online world, business wise, it's better to stick with that business model. Instead of venturing out in the landbase market wherein it is obvious that it will be a different world for them. And that is why well known online casino just prefer to market thru sports and athletes, because they known that this is the best marketing ploy to reach for more gamblers that might be playing landbase. So at least they will be in competition but not necessarily having their own landbase casinos.

Sandra_hakeem

hero member

Activity: 798

Merit: 1045

Goodnight, ohh Leo!!! 🦅

Well, I'd say, anyone wouldn't wanna deny themselves of a double, triple, quadruple profits -- as the case might be.... But everything is based on the expense of investments which, might be one of the reasons why alot don't prefer creating a large edifice, fascinated, -- making it any gamer's spec, rich or poor.
Yunno, you're not even into the business but you had this foresight, let alone those entrepreneurs, who have dedicated half of their lives in promoting the same casino...... they'd have alot more but, that gross optimism could create an apathy, even before time they planned to actualize, OR -- PESSIMISM.....the fact that people are afraid of trying out something for the first time since they'd become the first to do so.
^{so, so many problems....}

Sandra 💇

goaldigger

sr. member

Activity: 2422

Merit: 357

It will be easy for a land based casinos to go online since they already have a good capital but for an online casino to have their own physical site, I guess it will be hard for them and costly so it’s really impossible and even with the top crypto casinos today, they don’t have a physical casinos maybe because they focus more online and that’s their forte, to give service around the world. Anyway, fiat casinos for sure they have their online now and it is being regulated as well, so expect a more strict rules for those site.

Fivestar4everMVP

legendary

Activity: 2422

Merit: 1083

Leading Crypto Sports Betting & Casino Platform

Quote from: Queentoshi on October 27, 2022, 11:37:18 AM

It is more likely for Land Based casinos to consider going online,

You are absolutely correct, land based casinos can decide to go online for several reasons :
-1. First of those reasons being that going online will cost far less but the profit it brings is huge,
-2. Going online will automatically increase the casinos user base, as there are no longer limited by distance, people from all works of life and jurisdiction where gambling is legal can sign through their online platform and start playing ...
This and many more indeed proves that a landed casino going online brings more profit to the casino, than an already online casino building offline branch.

Quote

but what are the chances that a casino that has started online will consider opening up a Land based casino in a very good gambling location? Do you think it will be good for increasing profit?

I dont think this is good for increasing profit, this can only increase the reputation and trust score of the casino, but i personally do not think this approach will increase the casinos profit, except on an account that where the casino is opening the landed branch has no internet access and has great population, then maybe doing this might bring the casino a small profit, but in reality, i dont think a place like this exist on this earth.

Slow death

legendary

Activity: 3164

Merit: 1127

Leading Crypto Sports Betting & Casino Platform

Quote from: Queentoshi on October 27, 2022, 11:37:18 AM

Are there any Casino's that are both online and have Land based locations where people can visit to gamble physically?

It is more likely for Land Based casinos to consider going online, but what are the chances that a casino that has started online will consider opening up a Land based casino in a very good gambling location? Do you think it will be good for increasing profit?

opening a casino in the real world would need to invest a lot of money, then it would also be necessary for the casino to operate in some country where there are laws about cryptocurrencies and these laws about cryptocurrencies allow people to use cryptocurrencies without problems, that's how crypto casino could operate, knowing that there are very few countries in the world that have laws about bitcoin so don't expect them to see any physical casino about bitcoin anytime soon. now one thing i've been thinking is that even online casinos should have a company headquarters, but a real world headquarters

PX-Z

hero member

Activity: 1554

Merit: 880

pxzone.online

Quote from: Queentoshi on October 27, 2022, 11:37:18 AM

It is more likely for Land Based casinos to consider going online, but what are the chances that a casino that has started online will consider opening up a Land based casino in a very good gambling location? Do you think it will be good for increasing profit?

Yes, it could be like that, the chances of a land-based casino go to online casino ^(both) are pretty high considering what they suffered on this pandemic where lockdowns affected the business industry of land-based casinos.
About the profit of course you will consider it profitable, but before having it, you will need a lot of budget to build online casino although its not that much compare of building a land-based casino, so this is really possible.

About the other way around, an online casino having a land-based casino is highly unlikely, budget-wise, it needs a lot of money to build a casino considering the location, machine games, number of hired people, etc. So its much better for them just stay online.

Doell

hero member

Activity: 2156

Merit: 531

Quote from: $crypto$ on October 27, 2022, 03:00:15 PM

I think online casinos are more profitable than land-based casinos, with online casinos they can have more customers all over the world whereas land-based casinos only reach in close areas in the sense that they want to leave otherwise they certainly won't do gambling, online casinos more practical wherever you can do it.

You are right, for an online casino that has become popular on the internet, possibility not going try to open a land based casino because the customers are already it's all over in the world. Rather than to open a land casino which also requires a long process, platform are better off collaborating with other artists and companies to increase popularity, to attract more whale customers.

Scripture

full member

Activity: 1303

Merit: 128

Quote from: Queentoshi on October 27, 2022, 11:37:18 AM

Are there any Casino's that are both online and have Land based locations where people can visit to gamble physically?

Most of the Casinos in my place already have their own fiat online gambling site and they started doing this when the pandemic happened where gamblers are not allowed to go on a physical casinos. This adoption allows them to operate and run their business even if there’s a pandemic, well if the question is about crypto gambling site and getting into a physical casinos, I guess there is still none and probably it wont happen since crypto are more logical if it’s remain online.

seoincorporation

legendary

Activity: 3346

Merit: 3125

I only know one of them. And it's a Mexican Casino called Caliente:

If I'm not wrong it is the biggest casino online in México and the owner is a know millionaire. My experience with their online platform was terrible.

I get a $20 bonus to open my account, and gambling make it up to $300, when i try to withdraw they asked for KYC, and after 4 weeks of KYC process i ask them to close my account because if i you have a casino account where you can't withdraw your money then it's just bullshit. so, A BIG -1 FOR THIS CASINO. don't try it.

Topic: Casino with an online and offline branch. - page 4. (Read 521 times)