I don't think they do that for sharing their profits to be honest, usually it's just another strategy in their business model to get more profits for themselves actually. By creating tokens they get a large advertisement campaign for a cheap cost, they increase their popularity and the support from the cryptouser community and they get new customers on top of that. If they need funds for their bankroll or to launch their business, it's also a good way to get some money. So yes I think I would certainly create a token or at least I would offer some investment plans like blackjack.fun is doing.
For me, I think I still rather opt for more marketing and offering special criteria to earn bonuses, especially referrals programmes and possibly making it more gamified with users having rankings and some others engaging features which attracts more customers and makes older customers love mine more. 
Topic: [FUN] Gambling What If (Read 251 times)
What if you own a casino that generates profit on normal range(not big, not small either), are you willing to open for profit sharing to public through token sales just to take profit immediately or will you just keep running the casino considering the tough competition?
So if it were me, I would make my decision based on my future goals. If I plan on on expanding in the future I would consider opening up so profit sharing through the ways that are available one of weak is token so. Expansion means better servers and security and increase in revenue. 
What if you own a casino that generates profit on normal range(not big, not small either), are you willing to open for profit sharing to public through token sales just to take profit immediately or will you just keep running the casino considering the tough competition?
For me there is no dilemma. While the immediate appeal of a quick profit from token sales is undeniable, I would certainly lean towards continuing to run a casino.
Over time, a successful casino can generate a steady stream of revenue. Thats a much more reliable and sustainable income than one-time token sale. On on the other hand, the profit-sharing token can have a positive effect on the casino and attracting clients. I don't understand that part because I have no experience in something like that, so it would probably be best to ask a professional in that sector.
Over time, a successful casino can generate a steady stream of revenue. Thats a much more reliable and sustainable income than one-time token sale. On on the other hand, the profit-sharing token can have a positive effect on the casino and attracting clients. I don't understand that part because I have no experience in something like that, so it would probably be best to ask a professional in that sector.
The thread purpose is to determine what will be decision making of forum member if ever a scenario on gambling happened hence what if topic. I saw this topic before on other board and it’s really to see the reaction of user on situational question.
What if you own a casino that generates profit on normal range(not big, not small either), are you willing to open for profit sharing to public through token sales just to take profit immediately or will you just keep running the casino considering the tough competition?
PS: I will lock the thread on 2 to 3 pages if there’s no substantial reply already.
What if you own a casino that generates profit on normal range(not big, not small either), are you willing to open for profit sharing to public through token sales just to take profit immediately or will you just keep running the casino considering the tough competition?
PS: I will lock the thread on 2 to 3 pages if there’s no substantial reply already.
Everyone who did open a token or profit sharing from the casinos, some of them even well known up to a certain time have all made the same ending, they are mostly out of business completely or they are doing extremely bad compared to the guys who run a normal business in their casinos. Experience has taught us that the best hook up is to offer players some benefits like weekly and monthly bonuses and this is what attract attention and new players so based on this way of doing business if I were the owner I would do the same, this would bring good profit during the long run and every business owner would be happy to achieve this.
Going for profit sharing or token sale is a difficult adventure who most of the times will consume loads of resources without giving any big success in return.
What if you own a casino that generates profit on normal range(not big, not small either), are you willing to open for profit sharing to public through token sales just to take profit immediately or will you just keep running the casino considering the tough competition?
Anyway the thing that makes a business great is one that is open for expansion using the public and this doesn't necessarily mean that the profit share will go down...it's a double edged sword by the way that can help you make even more money than you would running the business...
So on a personal level, I think I wouldn't mind expanding the business via token sales which if it works out would mean extra money/profits for the business.
Because both are two separate things that demands alot of time and resources and that is why so many of the cryptocurrency casinos that have developed tokens in the past have failed out of their way right now and at that we need to clearly stated and point out what the reason for token generation is for the casino, it's better for it to be as a utility tokens and not for trading purposes in excahge.
I don't think they do that for sharing their profits to be honest, usually it's just another strategy in their business model to get more profits for themselves actually. By creating tokens they get a large advertisement campaign for a cheap cost, they increase their popularity and the support from the cryptouser community and they get new customers on top of that. If they need funds for their bankroll or to launch their business, it's also a good way to get some money. So yes I think I would certainly create a token or at least I would offer some investment plans like blackjack.fun is doing.
What if you own a casino that generates profit on normal range(not big, not small either), are you willing to open for profit sharing to public through token sales just to take profit immediately or will you just keep running the casino considering the tough competition?
Both is hard ways because the percentage of failure is equally large and for token sales previously i have seen some of online casinos has created their native token and open for public sale but this way didn't run well because when the token launching and entering to the exchanges the price is not people expected even those coins eventually delisted from the exchange and became an worthlessKeep running the casinos also is not the best way and people at here know that to making long term profit from the casinos is very hard because the competitions between the casinos recently is very tight and those who cannot survive and lost to compete against big casinos will go to bankrupt because they lack of loyal players but if i have to choose probably i would to choose token sales because if the token presale successfully then i would gets good profit from this way
What if you own a casino that generates profit on normal range(not big, not small either), are you willing to open for profit sharing to public through token sales just to take profit immediately or will you just keep running the casino considering the tough competition?
Anyway the thing that makes a business great is one that is open for expansion using the public and this doesn't necessarily mean that the profit share will go down...it's a double edged sword by the way that can help you make even more money than you would running the business...
So on a personal level, I think I wouldn't mind expanding the business via token sales which if it works out would mean extra money/profits for the business.
The answer depends on many things. Do you have enough money apart from the casino, do you have other businesses that work well for you? What are your plans? Now it gives you a ‘normal’ profit as you say, but maybe by putting in more money you can get more profits, and for that you can think about financing yourself via tokens or whatever.
Hypothetically I would be more in favour of doing things on my own and not getting shit from issuing tokens but it would depend a lot.
Hypothetically I would be more in favour of doing things on my own and not getting shit from issuing tokens but it would depend a lot.
I agree with D P D and would add a few more questions like How greedy you are? or Is issuing tokens easy/legal in your jurisdiction?
If I had a profitable business, I wasn't too greedy and the situation for minting tokens in my country wasn't clear, I think that I would wait and see, instead of risk it all because of such a venture.
Marketing is a powerful platform that can bring you huge profits. The more time and money you put into marketing, the more likely you are to make a profit. Telegram mining can help you a lot in the current scenario. Where a game is operated by tap to earn and millions of people participate. If you want to put some money there as a reward then it will be the best marketing. Telegram mining is more popular for marketing nowadays.
This is new age and there's more handling complex projects to deal with, but not to panic because Internet have made everything easy. We sort out projects and invest in then from the comfort of our homes. What's the main purpose of engaging in activities if not to accumulate profits? We're here for the time being and to ensure we don't waste any time towards making our Iifes better. Before anticipating in any activity, it's essential and compulsory to thoroughly do research about the projects you want to invest on because accumulating profits requires huge process. Infaxt anything that gives you enough profits, don't relent towards them because they're the core streams of earnings. Enlisting the sources claimed seems legit and correct, I simply concord with your opinions and they're exploring when applied. 
Marketing is a powerful platform that can bring you huge profits. The more time and money you put into marketing, the more likely you are to make a profit. Telegram mining can help you a lot in the current scenario. Where a game is operated by tap to earn and millions of people participate. If you want to put some money there as a reward then it will be the best marketing. Telegram mining is more popular for marketing nowadays.
It's based on what the people have in mind to open casino, secondly the purpose of a casino establishment is for it to run for long time and return profit, since I'm making profits and the profit is not sufficient I will use what I run out from the casino to manage it until it started producing a larger amounts of profit before I will call off or terminate the casino platform,
Anyone who open casino knows what it had in mind based on what I portray above, for you to make sales of casino or profit you have to introduce your methods, but i dont fully know if you introduce your own native toke, what you have in mind or your objectives will manifest, for you to open casino knowing what it will course you, I think it needs more dedication of research
Anyone who open casino knows what it had in mind based on what I portray above, for you to make sales of casino or profit you have to introduce your methods, but i dont fully know if you introduce your own native toke, what you have in mind or your objectives will manifest, for you to open casino knowing what it will course you, I think it needs more dedication of research
Most of the cryptocurrency casinos only have need for internal tokens if their want to use the token as a utility tokens, this is so because those utility tokens have less cost for the casino and making either deposits or withdrawal from such an account through their token is much easier and cheaper, this is why the use them as an alternative payment.
Asides from that, majority of the casino that jumped on tokens development with intentions of making profits from that outcome, have a lot to contend with, this is because the cryptocurrency market forces will always fight against them all the time.
So for that most of the casino have no much interest in developing a token but focus more on running the casino business.
Asides from that, majority of the casino that jumped on tokens development with intentions of making profits from that outcome, have a lot to contend with, this is because the cryptocurrency market forces will always fight against them all the time.
So for that most of the casino have no much interest in developing a token but focus more on running the casino business.
What if you own a casino that generates profit on normal range(not big, not small either), are you willing to open for profit sharing to public through token sales just to take profit immediately or will you just keep running the casino considering the tough competition?
In this hypothetical situation, i think i would concentrate in running and developing the casino in order for it to compete with other casinos in the market. However, to do this, you would have to put a large portion of the casinos profit into marketing and advertisement, so as to attract new players to the casino and ensure that existing customers return to the platform, the casino should succeed if the work done behind the scenes is excellent. 
What if you own a casino that generates profit on normal range(not big, not small either), are you willing to open for profit sharing to public through token sales just to take profit immediately or will you just keep running the casino considering the tough competition?
I'll keep the casino running as it is, if I do what you mentioned I am opening myself to more risks not to mention the money I would invest to make it, market it, maintain it, etc... there is also the chance of the token won't be successful/profitable which would leave me at a loss so I would rather just keep running the casino as it is. 
What if you own a casino that generates profit on normal range(not big, not small either), are you willing to open for profit sharing to public through token sales just to take profit immediately or will you just keep running the casino considering the tough competition?
It is important to note that only a few casinos have their own token and all of them are established casinos that achieve good returns and have a position in the market. So, whatever decision you will make (as a casino owner), it should not be an individual decision and should be supported by financial and legal advisors. These advisors will study most of the possibilities based on the financial and legal status of the casino.
Assuming that there are no legal problems in this step, it is important to study the decision from the financial aspect due to the high level risk, considering that there are many negatives in launching a casino token due to the characteristics of the crypto market and the diversity of methods of managing this type of asset.
The fluctuations in the crypto market may lead to instability in the price of the token and cause losses, which in turn can increase pressure on the casino to achieve greater profits to cover those losses. In short, it is a big assumption that launching a token can easily lead to the loss of control over the casino and its mismanagement by making risky decisions in response to the unstable crypto market. Those factors plus many others have to be carefully studied before making the next step.
if we are aware of business competition we must have innovation to develop so that our business remains a user favorite, if I had the casino I would do that. and must have plans that will change because other business competition will make similar things to attract customers. token sales can be a role for strategic innovation depending on us having to have a good concept with a long term. this can be the difference between other casinos
What if you own a casino that generates profit on normal range(not big, not small either), are you willing to open for profit sharing to public through token sales just to take profit immediately or will you just keep running the casino considering the tough competition?
I wouldn't open it for profit sharing through token sales. To use this method is nonsense. If a casino owner is willing to share profit with investors, he can just launch the good and old feature "bankroll investment". This way interested investors deposit their BTC funds into the casino's wallet, and start receiving interest in real time, as gamblers lose and the house wins. It's pretty simple as crypto industry used to be during its first decade of existence, when regulations and elaborate scam schemes weren't a thing yet.Anyway, casinos aren't in advantage against their competitors when sharing profit with customers and investors. Casinos need more than that in order to overcome the other companies. Bitvest is an example of that: they are a spot for investors, but got outdated as the years went by, the industry evolved and the website remained the same. As consequence, their traffic and volume of bets are low compared to another crypto casinos which were launched later.
What if you own a casino that generates profit on normal range(not big, not small either), are you willing to open for profit sharing to public through token sales just to take profit immediately or will you just keep running the casino considering the tough competition?
If the casino is already running and generating revenue, I probably wouldn’t think of selling tokens just to make a short-term profit. I would probably try to see how the casino is doing and how it’s been running for a whole month, whether it’s profitable, how much it’s spending, and many other things. If I feel that what my casino is getting is enough, meaning that the revenue is greater than the expenditure, there’s no reason for me to sell tokens, because I have a stable income stream that I can use as capital to convince banks or investors to put their money into my casino.
What if you own a casino that generates profit on normal range(not big, not small either), are you willing to open for profit sharing to public through token sales just to take profit immediately or will you just keep running the casino considering the tough competition?
I would rather continue managing a casino, because it is impossible for there to be no competition, so I would just have to be content with the profit I would be making and adapt my lifestyle to my profit. I would not create a casino token because I would be causing people who were going to invest to have high expectations and lose money. There is a big difference between a person taking their money and going to play at a casino and another person who takes their money and invests in a currency. The person who puts money in the casino already knows that they will lose. Gambling should always be seen as just fun. But the person who buys a token has high expectations of profit. And when the casino owners create the token, they do not even intend to list it on large exchanges, they do not have a long-term plan to make the token rise in price. Honestly, I would not create a casino token, even if my casino made very low profits.
What if you own a casino that generates profit on normal range(not big, not small either), are you willing to open for profit sharing to public through token sales just to take profit immediately or will you just keep running the casino considering the tough competition?
Since it only generates normal profit, I personally will create a token on the platform that can generate me other profits. I'll also not hand over the portion entirely to the token holders, it will be 40/60, 40 for the early shareholders, and the remaining 60 for the token holders.
Q: Why more share allocation to token holders?
A: To support DAO within the platform, I'm sure and believe that a business will run if it gets suggestions & criticism.
Above is the scheme that I'll do, if my casino business only makes normal profit, if it makes big profit, I'll not go to think about those tokens.
What if you own a casino that generates profit on normal range(not big, not small either), are you willing to open for profit sharing to public through token sales just to take profit immediately or will you just keep running the casino considering the tough competition?
There is tough competition in almost every business now and it is not advisable to take on any risk that you cannot handle as a business owner because of pressure from others. If you offer good service, your casino will still have customers who will not care about you offering a token. Your competitive edge in the market can be good service if you focus on it to make your delivery optimum and very consistent. With consistent service delivery, the casino will flourish. 
If I were a casino owner, I will launch the native token because my goal is awareness, I want to make other people aware with my casino. Stuck in comfortable zone isn't good for business because sooner or later your business will be overtake by other casinos. You always need to have new improvement and upgrade.
How will the native token help the gambling site? You can see some gambling sites on this forum that have native token but the ones that do not have native token are still more popular. Or is Stake and Sportsbet have native token? I have not seen both site have native token. Also I have not seen upcoming ones that are also good sites like Metawin have native token. I noticed that Metawin advertised their site very well. I have seen their ads more than on this forum. I do not think token sales is necessary at all. The gambling sites that have native token, I do not think it is the native token that helped them get known. 
What if you own a casino that generates profit on normal range(not big, not small either), are you willing to open for profit sharing to public through token sales just to take profit immediately or will you just keep running the casino considering the tough competition?
If any of the above is the case, then I would sell shares to raise funds for the activity since it the funds are not available and the challenge is timely. If not, I don't see any need to sell shares, I would continue my business the way it is.
What do you need to know is open for profit sharing through token sales isn't always profitable, if there are not many people buy the token, the casinos are at loss because they've paid the developers to create native token.
If I were a casino owner, I will launch the native token because my goal is awareness, I want to make other people aware with my casino. Stuck in comfortable zone isn't good for business because sooner or later your business will be overtake by other casinos. You always need to have new improvement and upgrade.
If I were a casino owner, I will launch the native token because my goal is awareness, I want to make other people aware with my casino. Stuck in comfortable zone isn't good for business because sooner or later your business will be overtake by other casinos. You always need to have new improvement and upgrade.
The thread purpose is to determine what will be decision making of forum member if ever a scenario on gambling happened hence what if topic. I saw this topic before on other board and it’s really to see the reaction of user on situational question.
What if you own a casino that generates profit on normal range(not big, not small either), are you willing to open for profit sharing to public through token sales just to take profit immediately or will you just keep running the casino considering the tough competition?
What if you own a casino that generates profit on normal range(not big, not small either), are you willing to open for profit sharing to public through token sales just to take profit immediately or will you just keep running the casino considering the tough competition?
We all know running a casino is not a stable venture; There are too many hassles in sharing your profit, and people have a say on how to run a business like a casino. is best run by people who knows this business and not everyone with whom you will share your profit will understand the dynamic of running a casino.
Since it makes a profit, I prefer to be patient and be satisfied with the profit and invest more on features and marketing when I earn enough profit, There is a saying that too many cooks spoil the broth; it applies to running a casino, Casinos are more successful if there are few heads running them. If there is profit sharing there are pressures coming from investors.
Indeed, starting a casino requires significant investment. Even more so, if the concept of creating a proprietary token comes into the picture. It might seem an exciting idea, but it entails additional costs for marketing and investment, not to mention the legal and regulatory aspects involved. It would likely make more sense to focus on running and stabilizing the casino in its initial phase. In the future, should the casino grow significantly, the idea of creating a token could be reconsidered.
Yes, indeed! Launching a casino does require a substantial investment. Adding the creation of a proprietary token to the process only increases the funding needed, as you mentioned. It's not just the direct costs - marketing, investment - but also handling legal and regulatory aspects that add to the challenge. It might be more reasonable to focus initially on operating and stabilizing the casino. Once it has grown and proved its viability, then considering the introduction of a proprietary token could make sense.
Hmm, I can't exactly picture how it'd work out since opening a casino itself in the first place needs a massive amount of investment. Opening one just to go to another big investment seems kind of odd immediately, so I'd probably just keep it running normally instead. Creating your own casino token can be a viable idea but it'd require a LOT more in terms of marketing and investment compared to just regular running of the casino, and since the profit range is in normal-ish range, I'd much rather let it stabilize first before anything else.
Creaating a token can be done in the future if the casino ever grows bigger than it already is.
Creaating a token can be done in the future if the casino ever grows bigger than it already is.
Indeed, starting a casino requires significant investment. Even more so, if the concept of creating a proprietary token comes into the picture. It might seem an exciting idea, but it entails additional costs for marketing and investment, not to mention the legal and regulatory aspects involved. It would likely make more sense to focus on running and stabilizing the casino in its initial phase. In the future, should the casino grow significantly, the idea of creating a token could be reconsidered.
The answer depends on many things. Do you have enough money apart from the casino, do you have other businesses that work well for you? What are your plans? Now it gives you a ‘normal’ profit as you say, but maybe by putting in more money you can get more profits, and for that you can think about financing yourself via tokens or whatever.
Hypothetically I would be more in favour of doing things on my own and not getting shit from issuing tokens but it would depend a lot.
Hypothetically I would be more in favour of doing things on my own and not getting shit from issuing tokens but it would depend a lot.
You should answer the hypothetical question based on your own situation and preferences. For example, your current finances and just add the casino business on your profile.
This hypothetical question is intended to get the answer on every user different approaches based on their current lifestyle.
~
Hmm, I can't exactly picture how it'd work out since opening a casino itself in the first place needs a massive amount of investment. Opening one just to go to another big investment seems kind of odd immediately, so I'd probably just keep it running normally instead. Creating your own casino token can be a viable idea but it'd require a LOT more in terms of marketing and investment compared to just regular running of the casino, and since the profit range is in normal-ish range, I'd much rather let it stabilize first before anything else. Creaating a token can be done in the future if the casino ever grows bigger than it already is.
What if you own a casino that generates profit on normal range(not big, not small either), are you willing to open for profit sharing to public through token sales just to take profit immediately or will you just keep running the casino considering the tough competition?
There are competition in any business, when a business starts it makes it plans. For me the plan will be to continue my business. I will love to see something big and I am the part of it. 
The thread purpose is to determine what will be decision making of forum member if ever a scenario on gambling happened hence what if topic. I saw this topic before on other board and it’s really to see the reaction of user on situational question.
What if you own a casino that generates profit on normal range(not big, not small either), are you willing to open for profit sharing to public through token sales just to take profit immediately or will you just keep running the casino considering the tough competition?
PS: I will lock the thread on 2 to 3 pages if there’s no substantial reply already.
This depends on personal thought and interest because there are people who are legitimate to running their casinos and sell their tokens for long or probably used the coins to access the platform. If can I remember correctly most of the casinos here do have their tokens and currently most of them are being traded in the market and at same time their casino is functional without any bad or interior motive to exit. The thing is if they are really established I don't see any reason for such casino to exit and then shot down. What if you own a casino that generates profit on normal range(not big, not small either), are you willing to open for profit sharing to public through token sales just to take profit immediately or will you just keep running the casino considering the tough competition?
PS: I will lock the thread on 2 to 3 pages if there’s no substantial reply already.
What if you own a casino that generates profit on normal range(not big, not small either), are you willing to open for profit sharing to public through token sales just to take profit immediately or will you just keep running the casino considering the tough competition?
Small and relatively sufficient profits will not be a problem for me. I will not sell tokens to make a quick profit. I have seen how casinos that have tokens do not have many token enthusiasts. or it takes more effort to grow the token market.
I believe focusing on the casino first will be the best choice. The casino will run gradually until it becomes big, although it will not be easy dividing the focus on developing the casino from developing the market for the tokens sold will certainly not be easy.
I think about something like that. but maybe it is different from a concept that has been planned from the start regarding the casino which will have tokens and other developments such as staking and loans on one platform. we see it now.
Like all this depends on what the casino wants, personally I will go for extra profit which include tokens sales etc. if we should ask questions about casino profit you’ll be surprised most casino no longer earn big or small mostly if they lack a quality marketing skill.
I don’t know much about casino business but with the view outside it’s obvious casino make more profit when there’s more planning except the person is so wealthy to keep up the business going. Anyone can still stand firm with casino plans alone and make more profit still depend on how customers view the casino if it’s a good one.
I don’t know much about casino business but with the view outside it’s obvious casino make more profit when there’s more planning except the person is so wealthy to keep up the business going. Anyone can still stand firm with casino plans alone and make more profit still depend on how customers view the casino if it’s a good one.
What if you own a casino that generates profit on normal range(not big, not small either), are you willing to open for profit sharing to public through token sales just to take profit immediately or will you just keep running the casino considering the tough competition?
The real question is what is the goal? If you wish to make a better casino you need more money for that... so where will you find that money? Take a loan from the bank, or any other place? With interest of course... or you will make a profit-sharing casino and you will gather funds buy public token sale? Well, I would definitely hire a team to do a math which is the more profitable of the two.
I think I would go for option no. 3... if my casino is already making some money I would try to reinvest profit back into the casino and use it for expanding the casino (more games, more promotions, etc). I guess it will take more time to develop, but sometimes slow is better... casino is working & making a profit, so why hurry and mess it up? Take it easy & slowly grow.
The thread purpose is to determine what will be decision making of forum member if ever a scenario on gambling happened hence what if topic. I saw this topic before on other board and it’s really to see the reaction of user on situational question.
What if you own a casino that generates profit on normal range(not big, not small either), are you willing to open for profit sharing to public through token sales just to take profit immediately or will you just keep running the casino considering the tough competition?
PS: I will lock the thread on 2 to 3 pages if there’s no substantial reply already.
If the profit sharing would be done neither on Bitcoin or some stable coins then possible investors might be able to deal up with it but if we do speak about in form of token sales or simply their own tokenWhat if you own a casino that generates profit on normal range(not big, not small either), are you willing to open for profit sharing to public through token sales just to take profit immediately or will you just keep running the casino considering the tough competition?
PS: I will lock the thread on 2 to 3 pages if there’s no substantial reply already.
then that would really be giving out that kind of doubt or lack of confidence, knowing that platform tokens arent really that getting that much recognition or simply doesnt pump out and really be that prone
to dumping on which simply means that investors will really be that on huge disadvantage and this is something that they wont really be that interest.
In regarding about on my choice then i wouldnt really e minding about that profit sharing since we do know that casinos are really that profitable on long term duration or runs on which house do always
win at the end. I would be considering on running it out despite of that tough competition. Just make it sure that your casino would really be that up to date or having those good updates and
continously be trying out to improve it out not only on UI/UX but also into the offerings and bonuses on what you do have. People will really be sticking into those places on which
it do really looks nice or simply they are comfortable on staying on it.
Keeping the casino running despite competing with other casinos... I'm not sure the token sale will be profitable even though the casino applies top priority to token holders but only a few people hold it and some players only play without using the casino token.
I will further improve the broader marketing for my own casino... even if the reserve fund is more, I will cooperate with some famous people as ambassadors or cooperate with some well-known brands this can also attract attention, of course it can be an advantage.
I will further improve the broader marketing for my own casino... even if the reserve fund is more, I will cooperate with some famous people as ambassadors or cooperate with some well-known brands this can also attract attention, of course it can be an advantage.
What if you own a casino that generates profit on normal range(not big, not small either), are you willing to open for profit sharing to public through token sales just to take profit immediately or will you just keep running the casino considering the tough competition?
If I own a casino like you described, I will prefer to maintain the casino independent of token reason being that the stress of maintaining the token price is much and not what I will be willing to go through. Besides, the token price is usually seen as a measure of how well the casino is doing so any crash in the price due to market manipulations of a few big holders, might send the wrong signal about the state of the casino. So I will not add token to my casino for the reasons I gave before but that does not mean it is not a great model as I have seen casinos that are doing it excellently. 
If I already get enough profit to recover my expenses on my casino setup then I think I might consider opening investment to the public to advance my profit by sharing my casino shares.
There’s a lot of old casino that becomes less profitable because they can’t compete on the casino market due to weak promotion compared to top brand. Considering the profit range on this given situation makes me assume that this casino will not gonna last long unless there will a huge investment that will come to boost funding.
There’s a lot of old casino that becomes less profitable because they can’t compete on the casino market due to weak promotion compared to top brand. Considering the profit range on this given situation makes me assume that this casino will not gonna last long unless there will a huge investment that will come to boost funding.
If you need more profit, you will need to spend more on marketing. I prefer marketing than other means. But if you also go for token sales or even this recent telegram tapping thing or where people are rushing to, this could also be of help but marketing is very important in business. Heavy marketing will bring more customers and you will earn more money.
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The answer depends on many things. Do you have enough money apart from the casino, do you have other businesses that work well for you? What are your plans? Now it gives you a ‘normal’ profit as you say, but maybe by putting in more money you can get more profits, and for that you can think about financing yourself via tokens or whatever.
Hypothetically I would be more in favour of doing things on my own and not getting shit from issuing tokens but it would depend a lot.
Hypothetically I would be more in favour of doing things on my own and not getting shit from issuing tokens but it would depend a lot.
What if you own a casino that generates profit on normal range(not big, not small either), are you willing to open for profit sharing to public through token sales just to take profit immediately or will you just keep running the casino considering the tough competition?
The thread purpose is to determine what will be decision making of forum member if ever a scenario on gambling happened hence what if topic. I saw this topic before on other board and it’s really to see the reaction of user on situational question.
What if you own a casino that generates profit on normal range(not big, not small either), are you willing to open for profit sharing to public through token sales just to take profit immediately or will you just keep running the casino considering the tough competition?
PS: I will lock the thread on 2 to 3 pages if there’s no substantial reply already.
What if you own a casino that generates profit on normal range(not big, not small either), are you willing to open for profit sharing to public through token sales just to take profit immediately or will you just keep running the casino considering the tough competition?
PS: I will lock the thread on 2 to 3 pages if there’s no substantial reply already.
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