Not having these options on offer can actually harm your overall credibility. How to Build an Online Casino Website. Digital edge is the freshest voice in the field of technology and digital media. Why not put the odds in your favor by owning the house? How much does it cost to set up a casino in South Africa? You'll still face startup costs of course, but nothing like the levels required for a full online casino.
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Capturing even a small percentage of the profit from that very large pie could be a very nice thing indeed. For the vast majority of us, owning an actual casino is very much out of reach, but an online one? Not nearly as much. In fact, it's a more feasible option now than it's ever been and, with the market continually expanding, the potential for profits isn't disappearing anytime soon.
Be aware, however, this isn't a path to instant riches but the profits on offer certainly make it worth your while setting up your own casino, as we'll see below. The vast majority of online casinos are powered by a small group of specialist software providers. They will provide the core of your casino's identity so your choice here is extremely important.
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. Here's a quick run-down of the main casino software providers:. Microgaming markets itself as the largest casino software provider in the world and has a good claim to being one of the oldest also as it's older than Playtech by five years.
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. Their product suite isn't limited to online casino games either — Microgaming also offers sportsbook betting software and land-based casino software options. 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's software is available for all types of devices, so your casino will be covered across all options for web browsers, downloadable games and mobile devices. Playtech offers single accounts that are guaranteed to work across all options seamlessly and also enjoy an excellent reputation for security.
When you're on the hunt for online casino software, RTG is usually one of the first names that pops up. 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.
The three names we've covered above are by no means the only options out there but they are some of the most established and all have world-class reputations for reliability and security. If you're considering other providers, be sure to do your due diligence and research their offerings thoroughly. Once you've selected a provider, you will be faced with costs to get things up and running.
There are two types of contracts available that you should know about. The first one is direct and complete purchase of the software. This isn't usually available from larger suppliers such as the ones we've highlighted above. 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 main ones are that these tend to be smaller companies without the broad range of games that are needed to compete in an ever more competitive market, and you'll be responsible for all of the upkeep yourself. 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 range and quality of games on offer are obviously of paramount importance so you'll want to spend a considerable amount of time going through what's on offer. You'll also want to factor in which jurisdictions they support and other aspects of the license such as whether they support tie-ins with land-based casinos and what type of customer support is bundled in.
Regardless of which option you go for, you'll have to be prepared to invest a significant amount of money but it is still very much worth breaking down the differences between various providers to make sure you're getting the best possible value. 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. You'll still want to accommodate the major providers such as PayPal and credit cards simply because their presence acts as a trust signal in its own right.
Not having these options on offer can actually harm your overall credibility. When it comes to offering wire transfer, you'll need to factor in that these transactions take longer to process, though the associated fees are much lower. It's a potentially very useful option if you're, for example, focusing your casino on the Asian market where options such as e-wallets may not be as widely available due to geographical restrictions.
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. They're a very convenient option for certain classes of customers so you should consider offering them as an additional payment method on your casino site. 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.
This is an important choice and there are numerous factors involved that you'll need to consider in terms of how your casino runs, your profitability, and the startup costs you face.
You'll find different rules associated with what you can offer and to whom when it comes to licensing. 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. All of the factors we've mentioned above can make a significant difference to the feasibility and day-to-day operation of your online casino so you should be sure to carry out thorough research before committing to a particular decision.
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. Our mission is to create real leaders of the iGaming industry. We integrate the best licensed casino software, elaborate effective marketing strategies and supervise your project starting from the stage of investment up to profit-making.
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APIgrator saves your time and money. Our primary objective is to start successful online project, promote its development and, as a result, to ensure maximum return on investment for the customers.
We will provide the necessary support at all stages of the online casino development. You can request a calculation of the cost of online casino development by filling out the application form. Video Slot from Habanero. Do you want to be the first one to find out all the news from the world of online gambling?
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