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Topic: Reason Why Casino Bankrupt? - page 4. (Read 1463 times)

hero member
Activity: 756
Merit: 520
April 25, 2017, 10:06:26 AM
#5
From that I know everything you say is hard enough to never achieved, because the one thing that does need to be owned by someone in the casino is to understand and comprehend the function of the casino and also the device. If you want to build a casino but do not understand about the existing system in the casino then the bankruptcy will always be in the hands of you, unless you're working with people who have knowledge and experience in Casino
 
member
Activity: 100
Merit: 10
April 25, 2017, 09:44:03 AM
#4
Huge mistake in a algorythm?
legendary
Activity: 1344
Merit: 1000
April 25, 2017, 09:38:34 AM
#3
It is usually not because of house edge that a casino goes bankrupt. The most likely reason is if many of the big whale gamblers managed to win from the casino and their bankroll is less than the earnings of the gamblers. They will have shortage of money to pay up. This news will spread and everyone will end up withdrawing from the casino. This is why a casino will close.
legendary
Activity: 2226
Merit: 1052
April 25, 2017, 09:29:24 AM
#2
I want to know what are the factors that can affects/trigger to a casino to go on a sudden Bankruptcy.

House Edge.
legendary
Activity: 1148
Merit: 1097
Bounty Mngr & Article Writer https://goo.gl/p4Agsh
April 25, 2017, 09:27:25 AM
#1
Hello folks!

I am planning to establish my own gambling casino in the future and I need your help now on conducting a feasibility study for my project.
I want to know what are the factors that can affects/trigger to a casino to go on a sudden Bankruptcy. Personally, I don't have enough managing skills on handling business like this since it is too far to my profession. But I'm very eager to establish my own casino someday.


I will close this thread right after it hits 2 page or I gather much info whichever will occur first.

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Thank in advance for helping!
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