How to start an online casino? This question requires a lot of thought process. If you are planning on starting an online casino, you need superb online casino software. It is an essential step to any online gambling business. Without perfect online casino software, your online casino will lose in the competition among other online casinos. An excellent online casino requires demanding games, and outstanding customer service. Additionally, it requires exciting themes to attract players’ attention.
There are many other sides to starting an online casino business opportunity, for instance, having valid licensing, secure methods of transaction, creating a rich informational website, having excellent marketing, and promotional services. These are just a few of the things that are required in how to start an online casino. Let’s discover all the necessary steps in detail on how one can easily create the best online casino business.
How to Start an Online Casino – Choosing The Best Software Provider
This might seem like an easy step, but it is not by any means. There are tons of different casino software provides, and choosing the reliable one is a lot of work. Each slot software provider has its pros and cons. Additionally, there are many aspects to consider before starting one. Here are some of the most reliable casinos’ software you can choose from.
The company has over 20 years of experience in online casinos. Additionally, it has over 850 games, and it provides a secure gaming experience for gamblers. The Microgaming software provider is considered as the creator of the slot, and progressive jackpots.
Here are some advantages it has for its online casinos:
- Gamers are available in more than 45 languages.
- Rich currency support.
- Lots of bonus and promotion features for the players.
- User-friendly interface for the website.
- Microgaming casino software has a help section for the players, so they can choose the best casino game that suits them.
Takes advantage of modern smart devices and provides the best slots machines games and live dealer games. It is considered the best Online casino software provider for a reason. Because it takes advantage of the modern hardware, and provides a breathtaking gaming experience for the players. The sound effects, game stories, jackpots that are worth millions, are all the reasons why many gamblers choose NetEnt games over any other.
Here are some of the famous games provided by NetEnt.
- Gonzo’s Quest slot
- Starburst slot
- Wild Wild West slot
- Guns n’Roses slot
- Jack Hammer slot
- Aliens Slot
- Reel Rush Slot
- South Park Slot
- Hall of Gods slot
- Mega Fortune Slot
- Jimi Hendrix Slot
Betsoft is another casino software provider that we will discuss. Just like the ones that have been mentioned before, Betsoft is a highly respected brand around the gambling industry. The 3D slots that they develop are very popular. The company mainly uses HTML 5 for building those games and they concentrate on developing highly effective mobile gambling games. The most popular casino games by Betsoft are:
- More Gold Diggin’
- Chilli pop
- Blood eternal
- At the Copa
- Safari Sam
- Reels of Wealth
- and Greedy Goblins
The Licensing Issue In Gambling
Every country has its legal framework, and it differs in every country. Therefore it can be a mess when acquiring a gambling license. So, if you are concerned about how to start an online casino legally, here’s what you need to know.
When it comes to creating a legal online casino, only a handful of countries offer a regulation that is in favor of the player. Currently, countries like the European Union, and Offshore countries are the go-to countries if you are looking to create a sustainable business. Here are the categories which these countries can be divided into:
- Countries that govern their businesses
- Regulation in online casinos
- Countries that have no regulation in their businesses
- Creating an online casino website
- The ability to create a promotion, and bonuses for your online casino
There are some turnkey casinos available to choose from as well. A turnkey casino is a startup business that has all the required regulations and licensing; therefore, a business opportunistic person can easily take advantage of online casinos without having to go through much hassle.
There are many factors to consider in-licensing, and the prices, generally range from a minimum of $40.000, and the annual fee is around $20.000. These are some of the things to consider before proceeding with your online casino business opportunity.
Methods of Payment in Online Casinos
Providing your gamblers the opportunity to gamble with their preferred online transaction method is another essential step in the online gambling platform. Nowadays, almost all online casinos support major e-payment systems for their gamblers. Whether it be Visa, Maestro, PayPal, ecoPayz, PaySafeCard, Skrill, Neteller, iDeal, Interac, and cryptocurrencies options are all a must in online casinos, if you are looking to create a sustainable business. Players have to be able to deposit or withdraw their winnings with ease of mind. Since online casinos are internet-based, there are gamblers from all over the world who are looking to enjoy, and make a profit at the same time. That’s why the e-payment systems mentioned above are all essential parts to your online casino. To provide these opportunities, you have to sign multiple agreements with electronic payment providers.
When it comes to cryptocurrencies, it differs from traditional e-payments systems with its benefits. The ability to deposit in incognito is a great advantage to many gamblers since many countries prohibit gambling. Cryptocurrencies enable players to gamble, and withdraw their earnings safely, and privately. It is best to provide it in your online casino business. It will show how much you care and appreciate your gamblers.
Creating Your Online Casino Business
Online casinos come in different shapes and sizes; there are gamblers that prefer both internet-based online casinos, and downloadable versions. Hence providing both ways of gameplay for your players is the best option. Here are the advantages and disadvantages of both versions of online casinos.
Web-based online casinos- Players often choose this option because of its flexibility; there is no requirement for a downloadable application. All the player has to do is sign up, and create an account. Also, this enables the player to play on any laptop and PC or any other smart device. It is a neat feature. The disadvantage to this way of gambling is web-based online casino games often lack the smooth 3D experience the software version of the online casino providers.
Downloadable software application- In the mobile gaming world, players are faced with two options to enjoy the software novelty of online casinos. It is either Android or iOS; both services provide exceptional gaming experience in online casino gaming. Players enjoy this way of gambling because of the superb application support. The games take a huge advantage of this feature since the software is compatible with almost all mobile hardware, and this creates a smooth gaming experience in online gambling platforms. Disadvantages of downloadable application of online casinos are due to forcing the gambler to stick to one device. The player doesn’t have the option to switch devices without deleting the application on particular devices.
These are just a few examples of why gamblers prefer one gambling way over the other. There are many sides to this problem. It is best to get all the critical information you can get before proceeding to create an online casino.
If you want to start an online casino but need professional help, this is the brand that can handle your case seamlessly. With years of experience under their belt, Flamingo7 can guide you through the process and help you to build and run your new casino successfully. The company specializes in building great casino games and interactive software models for internet cafe, online casino and sweepstakes businesses.
In the world of gambling, there are many options to choose from, and gamblers are continually looking for the most profitable, and entertaining way to gamble. Having the best online casino software, and making a profit while doing so is not an easy task by all means. The best option is to study the market before proceeding with any serious action. To find the answer to how to start an online casino, it is best to scale your options and to create a budget before any serious steps.