How to Create a Gambling Website
Online casinos are a great business that can bring great profits. But it requires a lot of investment and perseverance to enter the market. If you want to start a gambling business as an online casino operator, the initial investment will be very impressive, and the difficulties associated with licensing will be enormous. But such an approach will ultimately bring huge profits. If you plan to start as an online casino partner, it will be easier and cheaper, but the profit will be less.
From our article you will learn:
If the software is the base of your site, then the game content will become its facade. Games are the reason why Internet users will visit your site and what they will interact with. That is why gaming content is one of the main factors in choosing a casino software provider. In this context, there are two types of suppliers:
In this context, suppliers can be divided into three categories:
In terms of integration, you need software for online casinos and gaming content that is easy to combine through an API. Where API (application programming interface) is a set of IT methods by which gaming software is integrated into work systems. The speed and reliability of the games, as well as the security of their payment functions depend on the quality of integration.
In terms of the quality of games, you need to pay attention to such things:
There are 4 classes of such licenses:
If you have plans not only to open an online casino, but also to start a betting business or a lottery, in some countries you can get a single document for all these activities. If there are no such plans, you need to issue separate licenses for each kind of activity.
The cost and speed of registration of the license depends on the country. The most comfortable conditions and low prices are in offshore zones, but registering there may entail problems with the reputation and the tax authorities. The license in the Eurozone, the USA and Australia will not cause such problems, but it will cost much more. Thus, a license for a casino in Curaçao or Costa Rica will cost 30,000–40,000 thousand dollars a year, in the Kingdom of Great Britain, the Republic of Malta or Romania — more than 150,000 thousand euros a year.
The cost of such a license includes both the cost of the document itself, which must be obtained from the state body, as well as a number of related payments. Some of them are disposable, others need to be done at regular intervals. As an example, consider the allocation of costs for obtaining a license in Curaçao (a subject of the federation within the Kingdom of the Netherlands).
But this is not all the costs. Curacao Internet Gaming Association (the regulator of gambling in Curaçao) requires the installation of a dedicated server through which all your casino transactions will pass. The content of such a server will cost you an additional 15 thousand dollars a year. Other countries may have other additional costs, so please read the question carefully before choosing the jurisdiction of your online casino.
After obtaining a license for your site, you need to set up payment options in order to be able to accept funds from players, pay out prize money and withdraw money from the casino to your bank account. As in the case of gaming content, there are two options: to build cooperation with each payment service separately or use the services of providers (aggregators), with which you can connect dozens of payment gateways under one contract.
It is better to work through providers, because it is easier, faster and even more profitable. Providers work with large volumes of transactions, so banks and payment services charge less commissions from them. Here are some of the most popular payment service providers in the gambling and gambling business:
After choosing a technical partner, you should: