My Own Casino

I was thinking, maybe I should open my own online casino. I mean, why not start a business in an area of interest I love! I've looked into it a little bit, but mostly all opportunities are set at an outrageous start-up cost. Especially if the software, processors, and set up is already ready to go.
Has anyone else considered this avenue? Or has anyone else done this before?
I'll tell you what- IF I decide to proceed with this, I will offer all LCB members free chips once a week with low playthroughs, free $100 new player chips, USA OK, monthly contests, and LCB on-going exclusives. lol. Seriously, I am considering it. Maybe I should search for a business partner who wants to split the upfront fees and the profits. Oh, and if I have any control over it, there will be very high payouts!

Hi acgofer,

I did have a casino on my own website - it was free to start up and run.  I never had the advertising so I gave it up and the website.

blue

Hey Blue..

Where did you find a casino for free, or did you have your own software?

lol  free play---  real win---that would be cool

i think online casinos are more than you need---hundreds of them are on stage

without some wealthy investors opening your own casino will be a dream forever unless you havent at least few hundred thousand bucks.

just the license fees per month would cost a few k$

and then imagine the rest, customer support, advertising and so on... the whole setup costs a fortune. and then you have to run your business the right way unless you wont go broke tin first months..

i also dream of this myself, its just an interesting business.


who knows maybe sometime in the future we can afford. ;-)

hopefully the legal situation also gets better in the next years.

cheers

coxwel

    how much are the start up costs ? i recently fell in to a large sum of money , and might be interested in doing something like this you should pm me if you are for real about this .
    i just looked at your profile and you live in the USA  like i do  . and unless they have changed the laws you would have to set up and live outside the countrie . have you looked in to that part of it

I looked into this a few years ago, and yes you have to live outside the country of US back then.
It was an offer of 30,000 to be in a partnership, this was in 2002 i think..

another factor would be experience in the biz.. sth you cant buy..


i guess its much more difficult to achieve it than we all think here..


with 30k$ for example you can pay your fees etc for one month or two maybe..

unless you dont open any rogue outfit or use homemade software

cheers

coxwel

Ok I remembered and its still free.  There are 2 free packages but you don't get to keep ALL the profits.

blue

30k i was thinking more like 300k  . I would be a serious investor if someone were to have their s*** together and have a proper plan





____________
EDIT BY BLUEDAY

Profanity removed.

Well if you are serious just search the net with "buy your own casino".

You will see plenty of results.

blue

i live in Washington state and i don't want to have to move , away from my son . I'd just like to invest in something and be able to collect money

30k, it was probably with alot of partners.. lol
I cannot remember exactly, i only remember the amount of the offer that was to be invested at that time.
I did not take it seriously, because with that amount i thought something fishie was up..
Kind of like buying a 40,000 car for 4,000.. you wonder whats up with that..

searching google with the words put up your own casino would be the worst you can do if you seriously want to take part in this.


check for example rivalpowered.com and apply. youll see whats all necessary, iam pretty sure you cant fulfill these requirements without partners or partner companies...

you can check rtg aswell..

the types of software like start your own casino ( sth like that was the name) is a joke..

maybe pm one of the casinoreps here, i guess they have more solid info for you but also think wont go deep in detail there.

also check fe. the page of the lga malta and download the applying form pdf for a license.

interesting to read..






cheers

coxwel

Appreciate the info! Thx Coxwel.

pretty fast reply ;-)


my pleasure..


cheers

coxwel

and the site name that you remembered is????? blueday?

there are loads of them if you want to go in as an affiliate, i can give you a list if you want.

malta is really near from me and casually i am a bit expert in law
can i candidate myself into ?
:D

Great idea mini 
I will take care of comps/bonuses.

can i have the financial department ?