From NewsBTC
Online casino gambling is the biggest industry on the web right now and if you’ve ever wanted to build your very own online casino, now is the best time to do so!Read more: https://www.newsbtc.com/2018/04/18/zeroedge-building-own-online-casino-5-minutes/2018 is the year for the entrepreneur and the internet adventurer, with all sorts of possibilities now available. This includes online casinos which, up until now, have always been the domain of big business. Almost everyone knows that getting into the online casino industry is extremely difficult for a number of very important reasons. Find out why here.
Why Owning and Operating a Conventional Online Casino is Impossible
The online casino industry is massive and still growing. There are hundreds upon hundreds of online casinos already operating on the web, all trying to catch the same fish from the same ocean. This is one of the reasons why online casinos offer huge bonuses to unsuspecting new players, as a way to draw them in – essentially bait.
While a conventional online casino may not cost as much to run as a conventional brick and mortar casino, there are still significant costs involved. This includes all sorts of factors such as domain registration, designing and building the website, purchasing back-end software, and games from well-known online casino software providers, purchasing online security services, licensing agreements, advertising and so forth. A new online casino also requires a significant amount of operating capital, particularly in the critical first few months of operating.
Unless you are a corporate entity, have significant financial partnerships in place, or are part of a syndicate or network, owning, operating or even launching an online casino is near to impossible. At least, a conventional online casino. But what about something a bit more unconventional?
Full disclosure this is a sponsored story on NewsBTC. I have no affiliation and dont usually share sponsored articles because ads usually aren't interesting. This one however was intriguing enough to me to share. As an internet marketer I've also pondered the idea of running a white label casino and then just focusing on driving in new customers.
Leave your thoughts in the comments below.
Follow @contentjunkie to stay up to date on more great posts like this one.
Click one of the links below to signup for a free crypto trading account
If you love bitcoin then you will love my recent post
I feel like an online casino loses charm of a real casino, like drinks and pretty ladies to serve you and people to compete or bet against.
This post has received a 3.31 % upvote from @booster thanks to: @contentjunkie.
You got a 3.92% upvote from @postpromoter courtesy of @contentjunkie!
Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!