There is always a solution to everything. Do not ever let anyone lie to you about this fact. So if you are thinking of a quicker way of launching our own online poker game, there is a way of doing so. The solution is a white label casino.
White label is all about buying an online poker game that is already built up. That means you do not have to go through the hustles that come with creating one from scratch. The platform comes packed with everything from an operating license, best poker software, customized payment platforms, support system, and hosting, among others.
Veterans in the gambling business will tell you just how stressful it was, and it still is hard to obtain a poker license. The process can take you anywhere between 2 months to half a year. It is not only time consuming but also quite costly.
Having a ready license means you can get working as soon as the casino is sold to you. The only requirement is for you to look for a unique and memorable business name, and you are good to go.
Not only do you get a fully licensed business, but white label poker games also come with everything you need to start operation as soon as possible. These include
Nothing is 100% perfect. When it comes to white label casinos, you get a fair share of disadvantages. You are aware that the provider must fully recover from the costs used when building the gaming system, for starters.
Thus, they get to the part with the more significant share of the profits. Think of the landlord and tenant scenario. You have to pay a certain fee every month as long as you are still in partnership.
Another downside is you have limited rights. You do not get to say much with regards to how the system looks or works. Therefore, you have to select one where you are comfortable with the majority of the operations.
However, you at least get to choose the company logo, brand name and also get involved in marketing it. Speaking of marketing, online poker businesses are always very competitive. You are therefore required to think of smart ways of staying afloat.
The last downside is the setup costs tend to fall on the higher side. You are looking at anything between 1000 USD to 10,000 USD. The majority hang on the higher side.
Definitely. Whether you decide to start from scratch or buy an existing poker business, there will always be a good and bad side. You only need to weigh both and see where you can survive.
To avoid falling into the hands of some crooks, always go for a trusted provider. Look for someone who you can trust. Let everything be clear from the word go, e.g., the profit-sharing ratio.