The Cost of Starting an Online CasinoPublished May 10, 2011 by OCR Editor
Ever thought of opening an online casino?
If you had interest in starting and running an online casino, full with online casino games and accepting wagers from customers, think again. We have some figures for you, based on leading online casino software and turnkey solutions providers that will likely have you settle back in your seat where you can comfortably play your games.Overall Cost
Generally speaking, you will need around $1 Million get a casino up and running. Costs include software, licenses, design, etc. To that, add $500,000 for a full year's marketing expense.
Oh, and cash reserves to cover the player winnings.Prices
WGCDD (Casino Development) provide figures for their online casino portfolio.
For 3000 euros you can add any one of these Flash games for single player, customized with unique graphics:
Puzzle Games, Adventure Games, Physics Games, Sports Games, Skill Games, Strategy Games, Racing Games, RPG Games, Fun Games, Killing Games, Driving Games, Classic Games, Girl Games, Point and Click Games, Dress Up Games, Space Games, Matching Games, Simulation Games, Zombie Games, X Games, Water Games, Escaping Games, Shooting Games, Action Games, Platform Games, Animal Games, Collecting Games, War Games, Defense Games, Car Games, Arcade Games, Flying Games, Stunt Games, Survival Games, Upgrade Games, Food Games, Stickman Games, Sword Fighting Games, Urban Sports Games, Army Games, Funny Games, Medieval Games.
Multiplayer games are more expensive, and vary depending on the rule of the game, from 20,000 euros for Pool, 50,000 euros for Chess, and 100,000 euros for Monopoly.
Social network games can be developed for your casino, with story board and design. Games can be developed for Facebook, the Hungarian Iwiw, Myspace or Hi5 for 20,000 euros.
In the case of WGCDD, offshore legal structure is available too, a service that covers market analysis and legal consultation, as well as an actual operating license, for a sum of 37,000 euros.
Server fees, though provided by WGCDD, are lesser in totals, including 480 euros/month maintenance fee and 150 euros/month server rental.Summary
It won't be cheap, and even with the close support of the software provider you choose - WGCDD offers on site visits for purchases of 24,000 euros or higher - it won't be easy.