http://casinosonlineratings.com/how-can-i-own-an-online-casino-how-much-money-do-i-need-to-invest/ Casinos Online Ratings and Reviews Tue, 13 Jul 2010 07:59:39 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://casinosonlineratings.com/how-can-i-own-an-online-casino-how-much-money-do-i-need-to-invest/comment-page-1/#comment-797 Casino Rob Wed, 08 Jul 2009 20:05:51 +0000 http://casinosonlineratings.com/how-can-i-own-an-online-casino-how-much-money-do-i-need-to-invest/#comment-797 If you actually wanted to own an online casino it would cost hundreds of thousands of dollars, if not more. First off you have to open it in a free country. Sadly America does not qualify because the government can't be bothered to tax and regulate the online gaming industry. So you will have to physically locate the offices in Canada or the Caribbean. Then you need a suite of software and dozens of high powered servers to run all the games. You'll need money in the bank to look legitimate because you will want to prove to the gaming commission in that country that you have every intention of paying out on winnings. You will probably need a team of staff who can handle technical support and can maintain your systems. I'd really go as far as to say that it might actually be more expensive to open an online casino these days that opening a small real life casino. If you actually wanted to own an online casino it would cost hundreds of thousands of dollars, if not more.
First off you have to open it in a free country. Sadly America does not qualify because the government can’t be bothered to tax and regulate the online gaming industry. So you will have to physically locate the offices in Canada or the Caribbean.
Then you need a suite of software and dozens of high powered servers to run all the games. You’ll need money in the bank to look legitimate because you will want to prove to the gaming commission in that country that you have every intention of paying out on winnings.
You will probably need a team of staff who can handle technical support and can maintain your systems.
I’d really go as far as to say that it might actually be more expensive to open an online casino these days that opening a small real life casino.

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