Have you ever wanted to start your own online casino and figured it would be too expensive, too bureaucratic, too timeconsuming to set up?
Well, you would be right and this is one of the reasons why setting up an online casino is for the rich and well connected.
You can of course setup affiliate related casinos and earn an affiliate income from the various casino brands you happen to promote. Generally with affiliate casino's brand loyalty is for the casino and games you promote and not for the affiliate recommending the games.
Another option is to set up a white label solution. This is agreat option if you have the cash and you will certainly preserve your brand. It can, however, be expensive.
So why not the licensing route? If you do not mind paperwork and have the cash to back the venture then this is the route for you. Many an aspiring game developer has set up a licensed casino brand in order to promote their new game concept.And many an aspiring game developer has gone out of business this way too due to the unexpected costs associated to it.
Here is a cost breakdown of setting up a Curacao based license (which we would recommend you do should you decide to go the licensing route, just be aware of the costs). http://www.curacaowebhosting.com/2017/05/23/cost-gambling-license-curacao/
Enter GamblingTec.com
GamblingTec.com is a hybrid between a white label solution an affiliate casino business and a games agregation service. It is licensed and regulated out of Curacao where it is based.
It offeers a service to both game developers and aspiring casino operators.
- As a game developer, your game can easily plug into the GamblingTec.com platform where it can be offered onto the network of sites.
- As a casino operator, you can easily create a casino brand and offer any game in the network to your end users.
How it works is relatively simple:
We use a centralised wallet that pretty much runs all our casino brands. When offering games, you simply pick the games you wish to offer to your customers and add them to your website. Behind the scenes, black magic makes it all work seamlessly.
For our game developers, we have a standard API that you must integrate into in order to connect your game to our network. Once you are integrated, we are able to offer your games to our casino operators.
So what do casino operators and game developers earn?
As a game developer, you will earn a commission on your game which will be based on industry standards. Generally, common games (such as slots which are a dime a dozen) earn less than games that are unique or less common (an interesting card game for instance).
Commissions to game developers are paid on Gross Net Revenue (NGR).
As a casino operator, you will earn a commission on Net Earnings which is pretty much NGR less all the costs associated to each transaction. Pretty much the same costs you would have should you be running your own licensed situation (transaction fees, banking fees etc.).
The standard commission is a 50/50 deal, you are also responsible for your brands hosting which will cost you €29.95 fee per month (as of writing this). You also are responsible for creating your brand, selecting the games you wish to offer and building your website.
You can earn up to 90% commission of your brands earnings which requires additional monthly commitments for each 10% increase in revenue share.
In the long term, a GamblingTec.com casino is around 50% cheaper than what you would pay if you went direct. The trade off is that you do not control banking and licensing.
To find out more, why not visit: GamblingTec
If you are looking for Casino Webhosting then visit CuracaoWebhosting.com who specialise in gambling and casino related hosting services.
If you wish to obtain a gambling license, book an appointment with us and we will walk you through the process.
Interesting idea. Might have a closer look at this one thanks.
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