How To Start Your Own Online Casino and Poker Gaming Business

Did you know that online gambling business is currently one of the fastest growing business categories in the world? The popularity of online gaming is increasing rapidly and this year has seen significant growth in Europe and Asia. In China and Malaysia, there are twice as many online gamers as there are Internet shoppers. Around 43% of Chinese Internet users play games online, while just 16% report that they shop online.

Revenues in online gaming business rose from only $800 million to over $2 billion in 1999! By year 2010, it is estimated that online gambling industry will top over $16 billion in revenues! London-based Merrill Lynch analyst Andrew Burnett says online gambling could generate more than $150 billion in revenues by 2015.

Until recently small entrepreneurs had no chance of getting into the gambling industry, because of huge capital investments, gaming license acquisitions and legal red tape. The internet eliminated all the obstacles. You can now 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 start an online gaming business:

1) Most Expensive – Design and implement all gambling software for an online casino, sportsbook and multiplayer poker room which could cost you millions of US Dollars. You will also 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 your gambling site, and full knowledge of the source code of your 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 is a far less expensive option to start an online gambling business and you will receive all the gambling software and sometimes even the equipment necessary. It is also the most popular option for both licensed land-based establishments as well as entrepreneurs. Costs range from $30,000 to $350,000. The average licensing fees are around $150,000 (this usually includes marketing costs). In most cases 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 fully turnkey operation.

3) Most Affordable – Become a Sublicensee of an existing Licensee. This is the least expensive option to start an online gambling business. Costs range from $5,000 to $60,000. The sublicensee is responsible for all the marketing and receives a smaller percentage than a 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 in turn, the respective countries gain significant licensing fees and tax-generated revenues.

As Internet use spreads across the globe, online gambling business will continue to be one of most profitable online business opportunities of the 21st century.

Online Casino Games – You Can Start Playing Today!

You love the casinos and you love to gamble. How about trying something that is a little less risky, but just as fun?

Did you know that you can download online casino games and play them on your computer? You can even enjoy online casino slot games without downloading.

Gambling using your computer lets you feel the rush of gambling, without having to leave your house! It’s your choice whether to play with fake or real money. Also, you feel like you’re in a real casino. Another benefit is that you can play some games in multiplayer mode, with friends or family anywhere in the world, using the Internet!

Here is How to Get Started

First, find the games you want to play, using an online search engine like Google. Enter a relevant search phrase, like “online casino slot game”, or “download online casino game”. This will likely give you a big list of websites you can check.

Next comes the tedious part. At least it can be tedious, but if you look through the search results listings one by one, you should be able to identify one or more sites with games you want to play.

Make sure that you are aware of any costs that are going to be incurred, when selecting a game to play. You don’t want to be surprised by anything once you dig in and start playing.

For both online and downloadable games, check for any system requirements. You may find that you need to install flash player, Java, or.NET components. Once you have checked that your system can run the game, there are some tips to consider BEFORE you download online casino games.

Downloading Tips

If you are getting ready to download online casino games, make sure that you have good anti-virus and anti-spyware (anti-malware) programs installed on your computer. Make sure they are updated and running. Use them to scan all downloaded files, as this will allow you to filter out anything that may be tainted with a virus, trojan, or adware. It’s better to delete a downloaded file before ever running it, if it contains a payload that could slow your computer or cause it to crash!

Have Fun!

After you’ve prepared your system for your games, go ahead and play! Casino games are really fun because you can come back to the website hosting the online game, or the game installed on your computer, and play whenever you get some time. Online casino slot games are especially quick to play, so you can get in a little game play between other duties. Have fun but don’t bet more real money than you can afford to lose! After all, it’s just gaming!