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How to open a legal casino

how to open a legal casino

By opening and using STARCASINO, every user explicitly, unconditionally and irrevocably accepts that he/she and their legal successors are bound by these. Nov. Wer sein Glück an einem Slot oder Spielautomaten in einem Online Casino im Internet versucht, handelt legal, sofern das Casino über eine. was another eventful year with respect to German gambling law, and new with problems from the start (see Gambling law in Germany – Update ). in which the offering of online scratch cards and casino games were prohibited.

Not nearly as much. The vast majority of online casinos are powered by a small group of specialist software providers. The software solution you go for will run your whole casino and determine which games are available, the type of customer support structure that will be in place, and to a certain extent what the overall look and feel of your casino will be like.

The number of providers in this space is relatively small and we recommend staying with one of the larger providers.

Microgaming has constantly adapted over the years to stay ahead of the competition, with a constant goal of offering customers the best possible online gaming experience.

Microgaming provide the highest standards of security and transparency so users can rest assured the tables are never rigged against them.

Founded in , the company has continuously focused on state-of-the-art technology to ensure the best gaming experience for all.

Playtech offers single accounts that are guaranteed to work across all options seamlessly and also enjoy an excellent reputation for security. This company offers something for everyone, with options available for everything from poker games and sports betting software to free mobile software.

RTG has earned a reputation for reliability and trustworthiness over the years, along with providing consistently innovative and entertaining gaming solutions.

There are two types of contracts available that you should know about. The first one is direct and complete purchase of the software.

Some smaller providers will, however, sell you the entire software package which leaves you free to run it yourself, with no additional fees, and keep all the profits.

There are a few downsides here to bear in mind. The second method — and the one used by all the major companies — is a monthly licensing fee for the software, plus a percentage of the profits you make on top.

Given the costs, choosing which provider to go with is obviously a decision you do not make overnight, and there are several key considerations to work through.

The next decision you face concerns payment infrastructure. PayPal is probably the most widely known and accepted e-wallet provider but firms such as Neteller and Skrill are becoming increasingly popular.

The traditional option of wire transfer is also still very much available. Having as many payment options available as possible on your casino site is obviously the best option to attract customers.

Be aware that there will be fees associated with all of these payments. In terms of merchant services, credit and debit cards attract high fees but are ubiquitous, and offer security for both casino and customer.

Neteller and Skrill offer a similar service to PayPal and have become a preferred payment solution for many customers.

Not having these options on offer can actually harm your overall credibility. The final option to consider for payments are prepaid cards.

This is a relatively new class of payment options where companies such as PaySafe are leading the way and making increasing inroads into the market.

For legal reasons, your casino needs to be licensed. There are two main types of online casino jurisdiction for you to choose from: As a budding online casino operator, your first licensing decision is to decide which jurisdiction you wish to operate under.

For instance, some jurisdictions will expressly forbid allowing residents of the United States to gamble at casinos under their regulations, whilst others do not offer any restrictions at all.

Tax is another aspect to consider, some offer tax free status to the offshore entity that runs the casino, where others do not. The cost of the license and amount of bureaucracy involved can also vary widely between countries.

The final point to bear in mind and one that many prospective owners foolishly ignore is perception — what does the location say about your casino?

Casinos based in Gibraltar or the Isle of Man, for example, carry an association of reliability and security due to the tight controls over operational and fiscal activities that are in place there.

Also bear in mind that the licensing process itself can take a considerable amount of time, anywhere from two months to a year depending on your choice of location.

In Malta, for instance, it usually takes six months for an application to be finalised and a license issued. The costs of licensing begin at the application stage where the majority of options come with a large advisory and legal bill attached.

The amounts here can vary and will depend on your history and the complexity of your casino operation. Options available here vary considerably.

Some territories require at least one resident of the country to hold a position amongst the management, others require a set number of employees, and others still have no restrictions at all.

If you choose to buy a complete solution you will end paying them around EUR and you can use their products for the next years.

They have over games available with free updates and lifetime support. Choose your business partners carefully and never do that in a rush.

Request information and contract templates from at least ten suppliers so that you can compare them before the final verdict. Never be shy to ask questions you are interested in or might have concerned about.

Obtain a Casino License. If you choose to go with a B2B supplier, you probably will be offered a sub-license that will allow you to freely operate legally without the need to obtain one yourself.

This would save you a lot of time and funds on your initial investment, but eventually, it is better to get your own license when your casino will start generating you serious money.

In case there is no such option, obtaining your casino license must be your first step. Alternatively, you can start a BitCoin casino, which does not require a license.

Decide in which country you will obtain your casino license, it does not have to be your current residence. If you get a license in Curacao or Costa Rica, you can accept players at your casino from non-regulated jurisdictions all over the world.

Use a service like Slogold. Pay the fee to get your casino license and provide them with any other information that they require. Choose Your Accepted Payment Methods.

After you have your casino license you have to set up your payment options so that you can take deposits from players, payout prizes, and withdraw money from the casino back into your business.

Credit cards are the favorite method of payment around the internet, and by allowing credit cards at your casino you are going to improve the chances of getting customers.

You will need a credit card processing service in order to verify they have enough money and to get the money sent to your company account.

Shop around for affordable processing services, many large agencies offer these services at low rates. When you have the casino up and running it is time to populate it with players who are going to make it into a profitable business.

The only way that you are going to get anyone playing at your casino site is through casino marketing and it is important that you spend most of your time on this step of the venture if you want to be successful.

Decide on the countries that you want to target the most and set up local marketing campaigns. These can include television ads, magazine ads, radio ads, and search engine optimization that focuses on local cities within the country.

Focus on delivering unique content and unique games that will make your casino stand out of the crowd. Find a development company and ask them to create a unique game exclusively for your casino.

CasinoWebScripts is one of the companies that offer such service. SEO or search engine optimization is going to be the long-term method of increasing the number of players at your site.

Pay an expert to create optimized content to draw players into your casino from search engines, this will keep a steady flow of new players heading your way.

A Google Adwords campaign is a good way to get immediate customers to your casino. Make sure that you direct them to a very convincing website that talks about the benefits they will get by using your casino.

Support several different languages from countries who are likely to use your casino. The more languages that your website supports the greater the player base you can build up.

Be sure to hold events regularly to keep players coming back to the casino while enticing new players to the casino for the very first time.

Using a system of deposit promotions is also a good idea for increasing the number of players who decide to give the casino a try in the first place.

Always make sure that you reward the players who are spending the most at your casino. Offer incentives and rewards to the high paying customers because you want them to come back over and over again.

Learn how to Deal with Challenges. One of the most significant risks that a casino has to worry about is hackers. When your marketing efforts are driving a large number of people to the casino website but those people are not signing up you may have a few different issues that have to be dealt with.

It is possible that you are not offering enough methods to deposit money into the casino if you only have one or two methods available.

Make sure that you have as many different ways to deposit money as you can. You may not be covering the language of the country that you are marketing to.

You may need more promotions or bonuses to make them feel like there is a reason to try your casino. Without an incentive most players will stick with their current casino over yours.

If your players are joining up with the casino and then leaving it very soon after then you probably need to improve the games that you are offering.

Make sure that the games are easy to understand and they come with rules and help; Only choose games that are pleasing to look at, and avoid games with sharp graphics or games that hurt the eye when playing; Purchase games that will run in most web browsers and offer an instant play option.

Setting up casinos in the UK used to be very expensive, and in the old days, this is what fueled an exodus to locations such as Malta.

It seems that they have revamped their policies to make it affordable to set up in the UK, and if memory serves me correctly, you can do it for a few thousand pounds.

How To Open A Legal Casino Video

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