I think that those who have the ability to run and maintain a casino should never miss this opportunity. Because currently, the casino business is one of the first five profitable businesses in the world. In my case the matter will be similar. Moreover, I am currently thinking about it, but after making it, I may not have the funds needed for promotion.
Moreover, the casino business is currently illegal in my country and those who are currently associated with it are also being arrested, a few days ago a famous YouTuber of my country was taken to jail for promoting a gambling website. Therefore, there will be various barriers to building my casino business.
Topic: Would You Build your Own Casino(online/offline) If You Know You Can? (Read 619 times)
March 08, 2023, 04:37:03 PM
March 08, 2023, 04:12:01 PM
True, if money isn't a matter to me then that's fine like throwing hundred thousands of bucks on it. That's what I'll feel then because it's not gonna be an easy thing that I can manage it on my own. There will be people that I should have on board so that they'll help me to manage the entire operations. Coming from all technical stuff, to marketing and with the operations in day to day basis. There's so much work that needs to be done with it and it's not that simple at all.
I have observed back in the days about some account playing One Man team in running its gambling business and mostly it fails and others turn as scam site in the end.We must always consider others help in this business or else you will end up nothing but a loser.
what is important in this money making business is your willingness to spend money to pay employee and people to help you out not just managing the site but also to help you find other issues to make things matter.
We must always consider others help in this business or else you will end up nothing but a loser.
Well, a establishment that must be run by other people and hired employees, the owner of it should really pay for them because without them, the business won't run smoothly. We must always consider others help in this business or else you will end up nothing but a loser.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
March 08, 2023, 06:27:23 AM
I would like to add, that I would not build my own casino because we already have lots of crypto and fiat casinos. I see no big reason for having one more. This business will be oriented on not earning money, but how to survive competition. Creating one more casino wont bring much money. Casino creator must always think how to surprise current and get attract new customers. This business will be like a race who gets customer first, and as casinos rarely offer something new, it will be a death race.
Maybe it's better to build another business with that much money that has more potential to earn more profit. But if we are creative or have a creative team that can think of a strategy to compete with other casinos, we can try to make a casino from scratch and see the results. But maybe investing in crypto alone will be better than building a business because we just buy and hold it without thinking about strategies to compete or what promotions can attract more customers. Well, whatever it is, we have to think about it seriously because this is about how we can make more money while we have the capital to start building the business. 
March 08, 2023, 05:36:59 AM
I would like to add, that I would not build my own casino because we already have lots of crypto and fiat casinos. I see no big reason for having one more. This business will be oriented on not earning money, but how to survive competition. Creating one more casino wont bring much money. Casino creator must always think how to surprise current and get attract new customers. This business will be like a race who gets customer first, and as casinos rarely offer something new, it will be a death race.
March 08, 2023, 03:42:40 AM
what is important in this money making business is your willingness to spend money to pay employee and people to help you out not just managing the site but also to help you find other issues to make things matter.
We must always consider others help in this business or else you will end up nothing but a loser.
Well, in running a business we usually need trustworthy employees that we can rely on, especially when it comes to building a casino. It's also a key factor to run the casino smoothly and to possibly succeed.We must always consider others help in this business or else you will end up nothing but a loser.
So even you're billionaire and capable to pay people, but if you don't have companions that you can count on then you can't proceed to building your own since you need a team, it can't operate by you alone. There should be a plan because it's not easy as it seems.
Yeah that is true, having a lot of money is no guarantee to make a business successful, it only ensures that we can keep running a not profitable business for a long time. You definitely need some money to open up a casino, but not billions. And it's true that we need some experts who help us running the casino. One way would be to higher the experts and let them run the casino and we only have the management position on top without too much work. In case we already are a billionaire are we still motivated enough to run a profitable business? In my opinion it would make more sense to enjoy our money and not work too much. Wouldn't it be better to only be an investor in a casino? We could try and buy out some shareholders in an already established and successful casino. As a silent investor we would participate on all the profits of the casino and don't need to worry about the day to day business.
March 08, 2023, 03:14:32 AM
Are you saying that I made billion dollars through gambling? If so, It just appears to me an unlikely scenario.
If it's through other means then, I'd choose some other business which doesn't prey on people's pockets.
Building a business in gambling is not only about the big profits to be gained and also whether we have enough capital to be able to start it but do we intend to do it because doing business in the world of gambling is definitely not the first thing to be an option, many things are being considered why it is not as the main business of choice, if you are not really a big lover of gambling then owning a casino is not something you have ever thought about. If it's through other means then, I'd choose some other business which doesn't prey on people's pockets.
March 08, 2023, 02:08:00 AM
With billion dollars we don't wanna risk anymore. We can just invest into best cryptocurrencies and take rest. I won't get into creating a gambling platform for which my choice will be creating a physical platform that lets to educate people. Maybe a separate University teach about cryptocurrency will be my choice. Part of that will be research about gambling, because I find gambling as one of the industry that have grown big through cryptocurrency as well as the industry that supported with the growth of bitcoin in the beginning days.
and there are more business that has less risk even though it only promise small profit each time , gambling is a money making machine and that is why some rich people wanted to enter but this is not an easy market because the competition is really tight and the casting is also needed a trusted person to perform because once you hire wrong people then expect a downfall in shorter time also.I think rich people who have business like casino is their method of money laundering but not all. Casino mostly aim for huge gamblers and I think for your casino to be known you need to have connection and advertisement. And it's true if you have people in your team with bad intention most likely it won't last
And when they have succeeded in making an offline or online casino, they invite many of their rich friends and make them play gambling in their place for a long time.
But some rich people have illegal businesses that create casinos to launder money from illegal business activities.
But if we have a lot of money, maybe building a casino can be a way for us to make more money.
March 08, 2023, 01:50:50 AM
With billion dollars we don't wanna risk anymore. We can just invest into best cryptocurrencies and take rest. I won't get into creating a gambling platform for which my choice will be creating a physical platform that lets to educate people. Maybe a separate University teach about cryptocurrency will be my choice. Part of that will be research about gambling, because I find gambling as one of the industry that have grown big through cryptocurrency as well as the industry that supported with the growth of bitcoin in the beginning days.
and there are more business that has less risk even though it only promise small profit each time , gambling is a money making machine and that is why some rich people wanted to enter but this is not an easy market because the competition is really tight and the casting is also needed a trusted person to perform because once you hire wrong people then expect a downfall in shorter time also.I think rich people who have business like casino is their method of money laundering but not all. Casino mostly aim for huge gamblers and I think for your casino to be known you need to have connection and advertisement. And it's true if you have people in your team with bad intention most likely it won't last
March 08, 2023, 12:29:04 AM
With billion dollars we don't wanna risk anymore. We can just invest into best cryptocurrencies and take rest. I won't get into creating a gambling platform for which my choice will be creating a physical platform that lets to educate people. Maybe a separate University teach about cryptocurrency will be my choice. Part of that will be research about gambling, because I find gambling as one of the industry that have grown big through cryptocurrency as well as the industry that supported with the growth of bitcoin in the beginning days.
and there are more business that has less risk even though it only promise small profit each time , gambling is a money making machine and that is why some rich people wanted to enter but this is not an easy market because the competition is really tight and the casting is also needed a trusted person to perform because once you hire wrong people then expect a downfall in shorter time also. 
March 08, 2023, 12:05:44 AM
Are you saying that I made billion dollars through gambling? If so, It just appears to me an unlikely scenario.
If it's through other means then, I'd choose some other business which doesn't prey on people's pockets.
If it's through other means then, I'd choose some other business which doesn't prey on people's pockets.
March 07, 2023, 10:50:31 PM
what is important in this money making business is your willingness to spend money to pay employee and people to help you out not just managing the site but also to help you find other issues to make things matter.
We must always consider others help in this business or else you will end up nothing but a loser.
Well, in running a business we usually need trustworthy employees that we can rely on, especially when it comes to building a casino. It's also a key factor to run the casino smoothly and to possibly succeed.We must always consider others help in this business or else you will end up nothing but a loser.
So even you're billionaire and capable to pay people, but if you don't have companions that you can count on then you can't proceed to building your own since you need a team, it can't operate by you alone. There should be a plan because it's not easy as it seems.
March 07, 2023, 10:20:27 PM
If I can? I'm playing in between of saying yes and no. First, yes, because I want to expand and have more businesses that I know that I can manage. Since let's say that money is not an issue and I can have and hire good people to be part of my team that I can rely on so, that would be an easy way of managing it. On the other side of saying no, there should be a commitment on it since money that will be put on it will not be a joke, and that's why sometimes our minds telling us that it's easy and we can do it. But in reality when we see the first tries of its failures, we tend to say that we shouldn't even have started it.
Amount would really be no joke considering that it would really be that big then it is really that normal t hat you would really be that serious on handling it out even if you are really that interested or a gambler itself.You cant really just make one and wont really be that mindful nor really that be serious on handling it because it does really costs money.If you are a multi-millionaire or billionaire which building a business wont really be a problem then it would really be into your choice because its impossible that you wont really be that mindful that much when it comes to your another venture or source of revenue.
The thing here is that this do inline with the line of interest of yours.
what is important in this money making business is your willingness to spend money to pay employee and people to help you out not just managing the site but also to help you find other issues to make things matter.
We must always consider others help in this business or else you will end up nothing but a loser.
March 07, 2023, 08:00:36 PM
So this evening, I was thinking within myself, Businesses I could start if I made good money, I mean money large enough that I could start any business comfortably(no matter the cost) without going through any financial crises before, during or after starting the business.
So one of the ideas of businesses to start that came to my mind was a gambling casino, online casino preferably for me, so as part of my research, I thought I should put this question out here to you guys …
If you made a billion dollars or even more, as someone who love gambling/betting and have been doing this on several other casinos for many years now, would you rather start your own casino?
Or would you prefer to keep gambling, doing your sports betting on other casinos even when you know you have more than enough money to start your own casinos and make the casino as big as you want it to be??
Inputs are greatly appreciated.
So one of the ideas of businesses to start that came to my mind was a gambling casino, online casino preferably for me, so as part of my research, I thought I should put this question out here to you guys …
If you made a billion dollars or even more, as someone who love gambling/betting and have been doing this on several other casinos for many years now, would you rather start your own casino?
Or would you prefer to keep gambling, doing your sports betting on other casinos even when you know you have more than enough money to start your own casinos and make the casino as big as you want it to be??
Inputs are greatly appreciated.
Under these circumstances, why not? If you land on a billion dollars, the development, the bankroll, the marketing, and all of the things that stop people in their tracks from pursuing the idea goes out of the window. As well as this, a well-working casino would be one of the best ways to put your capital to work with probably very little effort or knowledge needed in comparison to other strategy/forms of investment for that amount of capital.
While I hate what gambling does to people and the ethics involved, I would say that I would probably build an online casino if I had the resources to under the conditions that I did it in a non-exploitative way that did not abuse the players, promoted responsibility, and knowing that everyone playing was there for fun and enjoyment, rather than greed and lack of self control.
March 07, 2023, 07:57:06 PM
If you made a billion dollars or even more, as someone who love gambling/betting and have been doing this on several other casinos for many years now, would you rather start your own casino?
Or would you prefer to keep gambling, doing your sports betting on other casinos even when you know you have more than enough money to start your own casinos and make the casino as big as you want it to be??
Inputs are greatly appreciated.
Or would you prefer to keep gambling, doing your sports betting on other casinos even when you know you have more than enough money to start your own casinos and make the casino as big as you want it to be??
Inputs are greatly appreciated.
I would just continue to gamble just like any other normal person would do. The processes behind creating your own online casino is relatively difficult and complex, which requires a significant amount of investments for operations and advertisement. Not to mention, it must also be designed in a way that the edge would be on my side, as all online gambling companies are considered as "businesses."
If I truly want to maximize my resources, I would definitely venture into businesses that are completely different from gambling (e.g. stocks, investments, etc.). Remember that even by creating this gambling website as a part of an investment, there is always that risk of me losing. I do not want to gamble my investment and resources in a way that the risks are too much for me to handle.
March 07, 2023, 07:38:20 PM
If I can? I'm playing in between of saying yes and no. First, yes, because I want to expand and have more businesses that I know that I can manage. Since let's say that money is not an issue and I can have and hire good people to be part of my team that I can rely on so, that would be an easy way of managing it. On the other side of saying no, there should be a commitment on it since money that will be put on it will not be a joke, and that's why sometimes our minds telling us that it's easy and we can do it. But in reality when we see the first tries of its failures, we tend to say that we shouldn't even have started it.
Amount would really be no joke considering that it would really be that big then it is really that normal t hat you would really be that serious on handling it out even if you are really that interested or a gambler itself.You cant really just make one and wont really be that mindful nor really that be serious on handling it because it does really costs money.If you are a multi-millionaire or billionaire which building a business wont really be a problem then it would really be into your choice because its impossible that you wont really be that mindful that much when it comes to your another venture or source of revenue.
The thing here is that this do inline with the line of interest of yours.
a rich man for nothing which means that you are getting money out of businesses you do have.Its true that when it comes to operation on having your own casino then handling it out wont really be that simple.There's
soo much things needed up to be in line first and you would be needing to handle it out, if gambling is your hobby then you might that really having those excitement if ever you are really that
love gambling which it wont really be that a problem if ever you do decide on making one.
March 07, 2023, 07:15:19 PM
If I can? I'm playing in between of saying yes and no. First, yes, because I want to expand and have more businesses that I know that I can manage. Since let's say that money is not an issue and I can have and hire good people to be part of my team that I can rely on so, that would be an easy way of managing it. On the other side of saying no, there should be a commitment on it since money that will be put on it will not be a joke, and that's why sometimes our minds telling us that it's easy and we can do it. But in reality when we see the first tries of its failures, we tend to say that we shouldn't even have started it.
Amount would really be no joke considering that it would really be that big then it is really that normal t hat you would really be that serious on handling it out even if you are really that interested or a gambler itself.You cant really just make one and wont really be that mindful nor really that be serious on handling it because it does really costs money.If you are a multi-millionaire or billionaire which building a business wont really be a problem then it would really be into your choice because its impossible that you wont really be that mindful that much when it comes to your another venture or source of revenue.
The thing here is that this do inline with the line of interest of yours.
March 07, 2023, 05:29:12 PM
Starting your own business or project is very hard, first thing that makes it harder is that you need to have a good marketing strategy a lots of casinos are already established, people like some of us prefer to be loyal in their casinos because they trusted it and using it for a very long time. Starting new in this industry takes a lot of money, time and effort for you to get their trust and make them deposit in your casino OP.
As I said in the previous post, the casino industry is an interesting business and promises good profits.
however, referring to what you said. IMO, if we have sound financial logistics, starting a business and building a casino is not as complicated as we think. because, we will not build a project alone. at least, we will need a team and people who are competent in their respective fields, like one of the examples you said about marketing strategy.
at least, we will involve people who are experts in the field. most likely, which is quite inconvenient and difficult is the issue of licenses. also, the hardest challenge is building a reputation so that it can be trusted by its users and it seems that it will require process and time.
challenge or initial problem but once you had solved it out then let the profits flow afterwards.
March 07, 2023, 02:59:33 PM
Starting your own business or project is very hard, first thing that makes it harder is that you need to have a good marketing strategy a lots of casinos are already established, people like some of us prefer to be loyal in their casinos because they trusted it and using it for a very long time. Starting new in this industry takes a lot of money, time and effort for you to get their trust and make them deposit in your casino OP.
As I said in the previous post, the casino industry is an interesting business and promises good profits.
however, referring to what you said. IMO, if we have sound financial logistics, starting a business and building a casino is not as complicated as we think. because, we will not build a project alone. at least, we will need a team and people who are competent in their respective fields, like one of the examples you said about marketing strategy.
at least, we will involve people who are experts in the field. most likely, which is quite inconvenient and difficult is the issue of licenses. also, the hardest challenge is building a reputation so that it can be trusted by its users and it seems that it will require process and time.
March 07, 2023, 02:05:59 PM
If you made a billion dollars or even more, as someone who love gambling/betting and have been doing this on several other casinos for many years now, would you rather start your own casino?
Or would you prefer to keep gambling, doing your sports betting on other casinos even when you know you have more than enough money to start your own casinos and make the casino as big as you want it to be??
Inputs are greatly appreciated.
The casino business is a multi-million dollar industry, and at such, one of the best investment any individual can go into this present time, that is, only if he/she has enough funds to launch from scratch to finish, because there is a high tendency of you making more profits as your customer increases with time. But however, if I'm opportune to have this one billion dollar just as Ju you O.P suggested, there are basically two kinds of businesses I have in mind to go into, which includes "Real estate & Casino Business".Or would you prefer to keep gambling, doing your sports betting on other casinos even when you know you have more than enough money to start your own casinos and make the casino as big as you want it to be??
Inputs are greatly appreciated.
This is something that most people doesn't have so don't say that gambling business is for all but they can always invest in the gambling sites' bankroll. Some of them are allowing small investors. This is a good way to earn a passive income other than our crypto investments. We can still play gambling if we have a spare money. It's a great way to entertain ourselves if we have a free time.
March 07, 2023, 10:52:28 AM
If you made a billion dollars or even more, as someone who love gambling/betting and have been doing this on several other casinos for many years now, would you rather start your own casino?
Or would you prefer to keep gambling, doing your sports betting on other casinos even when you know you have more than enough money to start your own casinos and make the casino as big as you want it to be??
Why not own the damn thing instead of getting chunks of money from it. Investing in an online casino sounds like a brilliant idea for me as a gambler if I made a billion dollar from gambling. But I will not stop there, I will diversify into other related business as well, maybe gaming streaming services. Ideally, at some point every avid casino gambler would have thought to himself, "one day I am going to have my own online casino website". But it can't be achievable if I have no idea about how a casino runs because building or engaging in business that you have no idea about is not advisable. Or would you prefer to keep gambling, doing your sports betting on other casinos even when you know you have more than enough money to start your own casinos and make the casino as big as you want it to be??
Jump to: