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Profitability of an iGaming Business: Expert Opinion

Any entrepreneur works for the sake of money, and digital casinos are a very profitable niche. Therefore, specialists of the Rosloto studio believe that opening such a company is worth it.

iGaming business profitability: basic info

Order the development of a profitable iGaming project on a turnkey basis from our experts.

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Gambling Segment in Numbers

The global entertainment market is growing exponentially:

  • In 2018 alone, the total industry revenue reached €45 billion, and the annual increment was 10%.
  • As trends show, in the next 5 years, the numbers will increase by another 1.5 times, while online services will be able to boast of a 15% growth.
  • This situation is also affected by the global spread of smartphones and other mobile devices, as well as the general level of access to various websites.

It is quite easy to create an online casino and independently operate it in modern realities. A few years ago, it was necessary for each owner of a digital gambling project to have serious technical skills to write a suitable script. It simultaneously processed the actions of players and accepted/sent payments to different parts of the world.

In addition, it was essential to have a team of marketers and SEO specialists to effectively and quickly promote the casino and leave competitors behind.

How to Enter the Entertainment Industry

iGaming business: launch

All you need is the desire to start an iGaming business and a small initial capital. The worries about adjustment, promotion, and customer service can be shifted onto the shoulders of contractors.

This scheme works rather simply. There are such studios as, for example, 2WinPower. They are engaged in the creation of a turnkey casino.

By ordering a gambling platform from scratch from the company, operators get:

  1. A certificate that will allow entrepreneurs to work officially from the first day. Intermediaries can help with the acquisition of a permit. However, it is not necessary for those who plan to provide only online casino services. To work legally and make a good profit, it is enough to obtain a sublicence from one of the offshore jurisdictions. The availability of the document means that the address of a gaming site will be entered into a valid licence, and operators will pay a certain fee for it, which is considered legal.
  2. A platform with an attractive design fully adapted to the preferences of gamblers and their tasks. For example, in iGaming, users want to replenish accounts or find their favourite slot in a few clicks. A well-thought-out design allows you to satisfy the needs of customers and makes them become attached to your website.
  3. Casino portal and popular slots, selected by knowledgeable specialists. Hundreds of providers try hard to create really good products, attract players, and make a profit. But only some games manage to become legends. Experts who constantly monitor the market will help business owners understand what to do and choose the most profitable solutions.
  4. Payment modules to accept different currencies from users all over the world. Do not forget that it is also important to have programs for working with digital assets because this is one of the most popular ways to place bets.
  5. Customer support centre. Players always have a lot of questions: “How to get a win?”, “When will the payment come?”, “Why cannot I withdraw funds?”, and others. This is normal. The difficulty is that the questions come to the support team 24/7, and one person cannot process them alone. It is usually more expensive to organise customer service than to connect to an existing one as entrepreneurs need to spend money on salaries and staff training. Large online casino development companies have proprietary client support centres and invite operators to join them.
  6. Marketing. The promotion of gambling projects can be very difficult. Each country has its restrictions on iGaming advertising. Even on the Internet, each platform has a list of conditions for the placement of a banner or ad. And with all this, promotion should be bright, powerful, and effective. That is why it makes sense to transfer the task into the hands of experienced marketers. Their work is never cheap but it is not worth saving on what helps you to earn more.

The Main Things about the Benefits of the Digital Casino Niche

Turnkey online casino: key notions

There is no need to worry about how much effort and time you have to spend on the development, launch, and maintenance of this type of business. All processes can be greatly simplified.

The Rosloto studio offers its clients the best solutions in the market. It is enough to contact a representative of the company and file an application for the creation of a turnkey casino. Experienced specialists will do everything at the highest level.

From us, it is also possible to order the following services:

  • development of exclusive HTML5 games;
  • drafting a business plan;
  • promotion of already existing projects, and much more.

The launch of an online casino is worth all the efforts made since it is a rather profitable niche. If you want to receive a steady income while managing your iGaming site from anywhere in the world, contact our experts.

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Clara Hazel
Author: Clara Hazel
iGaming business expert
Updated 30.04.2020
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