Topic: Have your own casino. - page 9. (Read 1431 times)

well said and that is the way to go !

good luck

It's important to see from both sides of a business before deciding to go into it, but I personally do not see this is very important. Trust me, when it comes to business, I sure will like to know the challenges and risks involved with doing that business, but this is not for it to change mind, but to be prepared for it when it comes, for no matter how enormous the challenges are, it wont stop me from going into the business as long as I see that there are other people who are doing the same business and succeeding.

Talking about building a gambling casino, I can only say that what will stop me from owning my own casino is if I have not made up my mind to have and run one, regardless of whether there will be hack attempts, customers complain or what so ever, all this is not an excuses if you've really set your mind to have your own gambling casino, the only thing that can be a challenge is if you don't have the money to build it yet.

I also like gambling, but I don't want to own my own casino. If I have a lot of money, I would rather open another business, because I'm not sure about the risks that will come if I open my own casino. So just to play is enough for me.

As you said, not to mention the problems that might come, maybe I myself will not be able to face all the problems, even though I have a lot of money but if problems keep coming, it will make me uneasy. So it's better for me to live with enough money.

I don't think so, arwin100, although who knows, maybe you're right.

I was thinking more on the kind of people who worked in similar projects in the past and, with the experience and know how they are now able to build their own platform with some guarantees.

For those who have no expertise in this field, I don't think that it is a good idea to build an online casino from scratch, unless you are really clever, really brave and really motivated to do it. I hope seoincorporation has all three attributes if he is thinking of daring to take on such an undertaking.

Both of you have a good point, when we think about our own casino most of people think about the money they will win and how profitable a business like that is. But as you say, there will be a lot of hacking attempts, customers complain and the problems we face won't be easy to solve.

Is important to see both sides of this kind of business.

And about be rich to run the business, I do not agree at all, some casinos let the users invest to cover the bankroll.

That is what I am trying to avoid, the failure to pay the customers when I know in the first place that this shouldn't be the case as a business owner that's engaged in the gambling industry. I know what it feels to be as a customer in that position so if I am aware that I don't have the capacity.

Then, I better leave that to those that are able and that's also one reason why I just want to be at the lower tier of the company or organization because that seems to be a tough burden for someone who owns the casino or on a higher level in the office.

I can't do it on my own unlike those that managed to start on their own. However, I think that most of the successful casinos today weren't just built by one single person.

For having that said it will really make us wonder if we really able to handle to run a operation on those online casino since its really hard to operate it knowing that there's a lot of threats that can possibly down our operations. That's why for thinking about that it really make me afraid to have my own casino since I don't want to encounter a problem related to that matter especially when dealing other peoples emotion.

So this kind of plans is really for those people who have a lot of money so they can deal with anything especially on other technical aspect and also for sure with having a lot of funds they can build a good team that can work good on their operation.

So this kind of plan is really for those rich man who want to risk and can able to handle heavy stress coming from the community they built.

I have never dreamed of having my own casino, mostly because it will turn joy and fun into plain and work. As a business, I doubt that casino is a best business for an individual entrepreneur. I think that risks are higher than in a regular business. Competition is huge. Responsibility is huge. Many think that having a casino is just sit and watch your money grow. But instead people would get headache, as gambling industry always lures lots of unfair players. Instead of gambling, some group of people will try to cheat and make you bankrupt. Also owner is not insured against very first casino visitor winning jackpot and make you bankrupt at the very first day.

I wouldn’t want my own casino. The liability of holding so many other people’s money would be absolutely insane. Not to mention all the problems that would come along with it like hacking attempts and angry customers complaining about bugs or making claims about their gaming outcomes. It would be neverending stress.

Well, now, I get a better understanding of what you meant and now understand that your comment in your previous post was more like a typo. You are very correct with all you have said now and I agree with you, setting up a gambling casino requires a lot money, which also is an investment since a gambling casino in itself is business, and not one without risk, as you have said that if at the end of the day, the casino end up not successful, then it means the owner will lose the money he or she invested in building the casino.

But let me also say that, the success of any business lies in the hands of the owner of the business, so if for example, you decide to build an online gambling casino, the success of this casino is solely in your hands, if you give it the kind of marketing and promotions it needs, the casino will surely succeed as long as it has all what gamblers want.

I want to convey that gambling is very easy but owning a gambling platform is not possible.  Owning a gambling platform requires a lot of money for site maintenance and marketing which is not possible for everyone.  As I am not financially strong enough then how can I bear that cost? Again after spending millions of dollars if you can't make your platform a success then your investment will be lost.  There are huge number of gambling sites in the market, are they all successful?  So how can you guarantee that your site will succeed?  So is it not difficult to own a gambling site?

What are you saying really? Do you mean that gambling in itself is more difficult than setting up a gambling casino? If this is what you mean, then I completely disagree with you.
How can you say that gambling is  not as easy as owning a gambling platform.? If owning a gambling platform where everyone will gamble on was that easy as you have said, trust me that several of us on this forum will own and be operating our own gambling platform, I myself for example would have by now have my own casino running.

With literally less than a dollar, any body can sign up on gambling casino and place a bet, but to build a gambling platform, one would require to spend tens of thousands of dollars, if not hundreds of thousands of dollars on both building the platform and marketing it.

The process of owning a casino site and setting up another business is the same, only the platform is different and the strategy is different. And like other businesses, earning money after success is very easy. We can easily go to a platform and gamble. Gambling is not as easy as owning a gambling platform.  It's natural that everyone dreams of owning a platform because everyone dreams big. But implementation is very difficult

As for me it only looks like easy money. To be the owner of the casino is the same job like the others. You have to pay taxes, pay prizes, work hard trying to increase the reputation of the casino, invite new gamblers, etc.
As the result you get some money and have to pay salary, bills, etc. And only after all these payments you get your money. And i don`t sure that it would be big enough sum.

However, if you have several supporting factors then I am sure you will have the desire to have it as I have said before and you have said here it takes a lot of money and also requires really good experience in this field of gambling.

Even though some of these supporting factors are very important, in reality there are several sites that seem to be owned by business people who don't have much budget so the sites they set up fail to develop and even scam cases occur such as not paying customers winnings.
There are also some people who are looking for investors to be able to build the gambling business they planned but failed because being able to build a casino business and get investors is very difficult and the owner has to really prove that the project he is creating can generate lot of profit.
Moreover, building casino is not as easy as imagine and requires the help of team of experts in developing it.

If the owner does not have lot of experience and knowledge about gambling, I think it is true that it will only be a waste of money and ultimately losses will be the end of the business.

and it is not a normal dream for an individual to own Casino business , yeah almost everyone wanted to have  a profit making business but only few have understanding about running a casino so like you? I am not into having own casino instead I am dreaming of having my own machine shop business because that is the field i completely understand.
and yes there are really a huge profit in this one but also the high capital is needed and also a complete knowledge .

The slogan is very popular "the house always wins..." but it is not so easy in practice, since it has its risks as any business.

Now, it's not that you have to have the big casino, I remember someone passing by this board with a very vintage poker room by name (*)Mississippi poker, I think it was called that way, among others that can be seen as small casinos, sometimes more personal projects than anything else commercial.

In that sense, if that is anyone's dream, just try it, but knowing the market and knowing how difficult it is is undoubtedly a priority, it is not just about wanting to own a casino. In that idea, perhaps something more reliable is to buy shares, tokens or any of the ways that exist as an investor, it is easier.

(*)This is an example:


February, 2022 at the current date is closed, perhaps it was less time, I am reviewing it right now.

I don't plan to have one of it but I just want to be part of it where the operations can be made or at least be the support of it.

Anyway, who doesn't want to own a business especially if it's from a very lucrative industry like in the gambling industry. Maybe I don't have it on my mind but if I've got bunch of money and just want to have one, probably I've done that but I'm not good at it.

So it's going to be a big waste of money because it's not just all about running the casino, the advertising, the cost of everything and security.

It's always a dream to everyone that has atleast been into the system for a long time... Like I normally say, I've served as a cashier in a local casino, and with my experience, I've always felt I should be in the best position to manage and operate something like that ...

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peeps might be thinking this question was asked in favor of other peeps that have got massive interest in gambling and are already addicted.

Sandra 🧑‍🦰

First, how much logistics budget do we need to build our own casino. and according to several sources that I read, a person or a platform that wants to build a casino must provide quite large logistical funds. why, because there are many factors that require and make it mandatory. Moreover, if the casino we are going to build wants to comply with the standards of licensed casinos. Apart from that, how many gamblers are able to make their dream of owning their own casino come true.

Well, if you ask me personally, would I want to have my own casino? Honestly, I hesitate to answer that. because what we are talking about is not the reality that will be realized, but more like if I had my own casino. but okay, let's imagine a little. If I had my own casino, it's very likely that I would no longer be a gambler. The thing is, things are different now. When I was a gambler, I played for fun and earned a few dollars with it.
but when I had my own casino, this was a fantastic money-making business. automatically, I will be more busy with the business affairs that I run from the casino. Plus, there is no longer any stress when we gamble in our own casino.
The answer is simple, we can play without limited capital until we get bored. or, we can set up a game that we can always win. and that, it's no longer fun. but in terms of business, I can be very rich, especially if I run it properly.