Did you know that online gambling business is currently among the fastest-growing business categories in the world? The popularity of online gaming is increasing rapidly and this season has seen significant growth in Europe and Asia. In China and Malaysia, there are doubly many online gamers as there are Internet shoppers. Around 43% of Chinese Internet users play games online, while just 16% report they shop online.
Revenues in online gaming business rose from only $800 million to over $2 billion in 1999! By year 2010, it’s estimated that online gambling industry will top over $16 billion in revenues! London-based Merrill Lynch analyst Andrew Burnett says online gambling could generate significantly more than $150 billion in revenues by 2015.
Until recently small entrepreneurs had no potential for stepping into the gambling industry, because of huge capital investments, gaming license acquisitions and legal red tape ทีเด็ด บอลรอง. The web eliminated most of the obstacles. It’s simple to own and promote your own online casino, sportsbook and multiplayer poker room gaming business and generate revenues you’ve only dreamt about.
There are 3 ways to begin an online gaming business:
1) Most Expensive – Design and implement all gambling software for an online casino, sportsbook and multiplayer poker room which may run you millions of US Dollars. You will even need to obtain a gaming license to run your online gaming business, which requires approval from most governments. However, you will have full control of one’s gambling site, and full familiarity with the origin code of one’s gambling software. In addition, no royalties are paid out to a gambling software development company.
2) Average – Become a Licensee of an Online Gambling Software Provider. This can be a far more affordable option to begin an online gambling business and you’ll receive most of the gambling software and sometimes even the apparatus necessary. It is also typically the most popular choice for both licensed land-based establishments in addition to entrepreneurs. Costs vary from $30,000 to $350,000. The typical licensing fees remain $150,000 (this usually includes marketing costs). Generally a royalty is paid to the gambling software provider as a percentage of the monthly “take” or “drop” (gross profit). Usually the gambling software provider has payment processing (merchant account providers) already set up for a totally turnkey operation.
3) Most Affordable – Become a Sublicensee of a current Licensee. This is actually the most affordable option to begin an online gambling business. Costs vary from $5,000 to $60,000. The sublicensee is responsible for the marketing and receives a smaller percentage than the usual full licensee (2), because royalties paid to the licensee are much higher.
To legally operate online gambling businesses, online casino and poker room owners turn to sovereign governments in countries that permit online gambling and duly issue licenses for gambling operations. The casinos and poker rooms are registered as offshore gambling operations and consequently, the respective countries gain significant licensing fees and tax-generated revenues.
As Internet use spreads across the globe, online gambling business will continue being one on most profitable online business opportunities of the 21st century.