I think it's not just practice that is needed but also skills to be able to set up your own casino.
The good order for me is skill, experience and capital.
So capital is not a difficult thing.
Because capital can be sought whenever we want, but skills and experience are very difficult to find and it takes a long time to get both.
But there are also gambling site owners who do not have experience and skills in the gambling business, but they have very large capital to hire several experts in the gambling field and hire a team of developers to set up a gambling site.
Probably you didn’t know how much capital you will need to setup a decent casino. Having a license will cost you more than 20Grand while the casino software, developers and supports payroll will cost you much higher. Plus the bankroll which needed to be high in able to operate smoothly in the presence of whale players.
Capital is the hardest part to acquire when setting up a casino unless you are super rich. Having a skills and experience is not a must since you can always hire employees that will do the work for you. Acquiring capital from scratch is the hardest part since you will need tons of it for marketing purposes to have a better chance to get customer. Skills and experience are useless if you don’t have capital to start.
But if you know what I mean, capital to set up a gambling business is something that is easy to find, such as borrowing from a bank or selling valuable assets to keep the business running.
My opinion, people who are rich or have a lot of money do not necessarily have experience and skills in the field of gambling.
How is it possible if someone sets up a gambling business without having experience and skills in his own business and that is very dangerous.
Because if someone starts a business without having experience in the field of gambling, they are vulnerable to manipulation by their own employees.
Who knows if that would happen if the gambling owners only believed in their employees but sometimes humans are greedy and can do whatever they want and if there is manipulation in their business, the owners will only believe and believe.
So for me experience and skills cannot be bought using money and if you set up a gambling business without having experience and skills, the long term risk is very dangerous for your own business.