How to open your online casino

Open Online Casino

This article is not about the earnings of casino “IN” – successful strategies and tricks, but about the earnings of “ON” casino – creating your own business.

The main way to make money in the gambling industry is to open or purchase an online casino. However, the federal law N 244-FZ, which entered into force in 2009, which regulates the activities of all casinos in the Russian Federation, introduces certain difficulties in the process of creating an online casino. According to this law, all activities related to gambling are transferred to the gambling zones:

  • Azov-City;
  • Siberian coin;
  • Primorye;
  • Amber;
  • Krasnaya Polyana;
  • Crimea.

All activities related to the organization and conduct of gambling outside these zones are considered illegal. Whether this is good or not is up to you. On the one hand, ludomans stopped burning their wages in slot machines, on the other – online casinos flooded the Internet. Immediately I recall the omnipresent advertisement of “Volcanos” that appeared like mushrooms after rain.

Opening online casino

The first thing you need to do is collect a decent start-up capital. Part of this amount will be spent on the purchase of a license for online casinos. They are offered by different countries, and their cost varies from 50 thousand to 300 thousand EUR!

Another part of the start-up capital will be spent on software. There are a lot of companies involved in the release of software for online casinos on the market, but among them the most famous are:

Is it possible to do without an expensive license? It will not work, because in the absence of this document, companies producing software will simply refuse to do business with you. Is it possible to do without licensed software? It won’t work either. If the games on the site are licensed, it means that all data and software are stored on the servers of the companies producing software, therefore, manipulation of the results is impossible. So the players are provided with a sense of the illusory security of their financial assets. Why the illusory? It’s no secret that casinos, as well as bookmakers and binary options will always be in the black. This means that the money of a person playing in a casino can never be safe.

So, to open an online casino will need:

  1. License;
  2. Stylish and convenient site;
  3. Licensed software;
  4. And most importantly – customers who will leave large sums of money in your casino with enviable regularity. This implies an additional item of expenditure – website promotion, advertising.