The Most Profitable Online Gambling Solutions
If you’ve decided to become an iGaming investor, you might be wondering how to start a betting business and which gambling solution is the best for you.
There are a variety of options that you can take advantage of, depending on your budget, time, expectations, and desired business model.
In the fast-growing online casino industry, here are some of the most profitable betting solutions that you can invest in:
#1 – Turnkey Betting Solution
Whether you prefer a turnkey sports betting solution or a casino betting solution, with this option, you can get the entire package for running your gambling website. As the name suggests, operators need to simply “turn the key” to launch their website with minimal effort.
At CasinoWebScripts, we provide turnkey betting solutions which include a casino platform, a back-end management system and casino games integration.
As a business investor, new to the market or well-established, you can focus on marketing and client acquisition, and you can leave the rest to your casino developer.
#2 – White Label Solution
Investing in a white label casino solution is one of the cheapest, most common, and profitable iGaming business ideas. The costs are lower than developing a casino platform from scratch. As an operator, you can purchase a casino platform from a casino developer and brand it as your own.
A white label solution usually includes:
- Casino platform
- Game development or game integration
- Payment processing
- Customer support
- A casino license which complies with regulatory requirements
Like so, the main difference between a turnkey and a white label casino solution is the online casino license. Many online casino providers decide to go with the cheapest gaming license, which can be, for example, a Curacao gaming license.
Price, fast licensing process and low taxes are the main attributes that drive operators to provide offshore gaming licenses. It is a win-win situation for the casino developer and you, the investor.
#3 – Sports betting solution
With the global sports betting market generating $83.65 billion in 2022, betting investors have the opportunity to rake in astonishing revenues in the near future.
Turnkey sports betting solutions can be customized for operators’ specific needs, but they usually include:
- Platform for offering sports betting to players
- Back-end management system for tracking bets, odds, and results
- Payments processing system
- Technical support system
- Additional features such as live odds updates or in-play betting
As an investor, it is important to choose a reputable sports betting platform provider and ensure that the products comply with regulations and laws governing sports betting in your jurisdiction.
These are the most popular and most profitable online gambling solutions that you can invest in as a casino entrepreneur.
Whichever you choose, it is important to analyze the market and estimate your budget accordingly.
With a reputable casino developer, you can start your business in a short amount of time, focus on promoting your new business and getting your first customers, then start making profit.
Interested in opening such a business? Our team at CasinoWebScripts can provide custom solutions for you, at affordable prices. Please contact us on our website.
The first step towards starting an online casino which operates with real money is obtaining an online casino license. The products that we sell might require a casino/gambling license depending on the jurisdiction in which...