Gambling is a profitable and rapidly developing industry. It is easy to enter the market but operators should carefully think through all the stages of implementing and promoting an iGaming project.
Specialists of the CASEXE company will tell you how to open an online casino in 2023 and make it profitable and recognisable.
The launch of a successful gambling business starts with detailed projecting. Entrepreneurs need to:
The list of tasks is voluminous. To systematise the already collected information, it is advisable to draft a business plan.
The document indicates the expected metrics of the work of an online casino (GGR, ROI, conversion rates, etc.), which are then compared with the actual indicators. Thus, it is possible to evaluate the effectiveness of the chosen advertising strategy and make adjustments if necessary.
A business plan is an important step in the calculation of the startup costs for launching an iGaming project.
The document states:
Entertainment for money is legalised in most European, Asian, and Latin American countries. The governments of many jurisdictions are working to improve the legislative framework and optimise the fiscal burden. The purpose of such changes is to attract to the gambling sector as much investment as possible, as well as to create new jobs and replenish the state treasury.
In 2023, the most favourable conditions for launching an iGaming startup have been created in such offshore zones:
The country is rightfully considered a European gambling hub. Over 450 entertainment companies are registered here, including casino operators, bookmakers, software vendors, etc.
This region attracts investors due to low taxes, well-developed IT infrastructure, and highly qualified personnel. Many famous companies are based here. These are Pragmatic Play, Betsoft, Relax Gaming Group, iSoftBet, and others
The jurisdiction was the first in the world to grant a permit to the owner of a blockchain casino. Large-scale changes in cryptocurrency regulation are planned for 2023, and it will have a positive impact on the investment attractiveness of Curacao.
One of the main advantages of working in this offshore zone is that entrepreneurs will need only one licence for all types of activities, such as the management of a gaming site, an online betting shop, a poker room on the Web, etc.
The UK Overseas Territory is one of the most prestigious places to launch an iGaming startup. Obtaining the local certificate is not easy, and this fact increases the document’s value in the eyes of investors and B2B partners.
Gibraltar has low taxes. Operators should pay only 0.1–0.15% of GGR for the reporting period. The higher the income, the lower the rate
The state issues temporary permits for licensees from other countries. Their validity period is 59 days, and after that, business owners can obtain the Master License or the Sublicense under a simplified procedure.
This country has one of the lowest legalising costs. Entrepreneurs only need to pay a registration fee of £10,000
The local Gambling Commission issues 3 types of certificates — the main one, the sublicence, and the network-type document. The cost of each of them is £35,000. Operators must also pay an application fee of £1,000.
The jurisdiction is characterised by a minimal fiscal burden on businesses. There is no VAT, taxes on dividends, or withdrawn capital. Project owners pay only 1.5% of their annual net profit
Before launching an iGaming startup, entrepreneurs should decide what clients they would like to attract. The following factors depend on it:
Online casino visitors are usually the younger generation with above-average earnings and a positive attitude toward gambling. They consider it an excellent way to have fun. Such players are interested in innovations and communication through social messengers.
The target audience can only consist of Digital Natives. These are people born in the early 2000s. They draw all the information from smartphones and gladly place bets in mobile casinos.
The selected target audience can be divided into groups depending on such factors:
To increase the effectiveness of advertising, a marketing plan should be created for each selected category. Thus, operators can increase the traffic, conversion rate, and profit of their iGaming resources.
For legal work, business owners will need the following programs:
It is worth buying software only from trusted vendors that have special licences and certificates. It is good when a company provides technical support and helps with the installation and configuration of the product.
A thorough analysis of the target audience, carried out at the very beginning, helps choose the right promotion channels and get the maximum effect from every dollar spent on advertising.
In modern gambling, entrepreneurs rarely use only one marketing tool. Quite often, they choose a combination of promo options, depending on the current needs. Such an approach is called performance marketing.
The scheme is based on many popular methods:
Their advantage is that business owners can track the intermediate results of the campaign. Then, entrepreneurs can decide to continue the promotion or make some adjustments if the advertising does not bring the expected results.
It can be both private specialists and certified partner services. The goal of the collaboration remains the same — to drive high-quality targeted traffic with the minimum amount of marketing effort.
Entrepreneurs can outsource part of their tasks. In return, businessmen receive an increase in the conversion rate of their web casinos, and partners get a fixed reward or a percentage of the iGaming platform’s profit.
Affiliate marketing is considered one of the most effective ways to promote a digital casino. The implementing partners have a large list of tools, thanks to which the advertising message always reaches its destination.
The priority is the UX design of iGaming resources. Thanks to this, users are not only pleased to visit the digital establishment but are also offered a comfortable placement of bets.
It is advisable to have spin buttons, a catalogue of slots and keys for depositing on the main page of the website. Additional information should be placed in the pop-up menu.
The design of an online casino must look bright and memorable. Then, it will create a favourable impression and a sense of celebration of the upcoming big win. For this reason, bright flashes, 3D shapes, and animated objects are often used by developers.
The lion's share of games for money is slot machines. These are traditional 5-reel products, cluster entertainment, jackpot offerings, and other options.
To attract solvent traffic, it is worth adding such new and interesting releases as:
The more ways to make a deposit provided by the casino, the better.
Modern gaming sites should support the following settlement methods:
It is great if iGaming platforms support different options. Operators can also offer cryptocurrency settlements, which will increase the recognition of their companies and attract new solvent customers.
Gambling is a highly profitable industry. The owners of entertainment businesses have excellent growth prospects.
The CASEXE studio deals with the implementation of iGaming projects of any complexity level. Our solutions interest target audiences and bring decent profits to entrepreneurs.
We can help you with such tasks as drafting a business plan, casino licensing, and marketing promotion.
From CASEXE, it is also possible to order:
For all questions, feel free to contact our managers.
Check the information used to contact us carefully. It is necessary for your safety. Fraudsters can use contacts that look like ours to scam customers. Therefore, we ask you to enter only the addresses that are indicated on our official website.
Be careful! Our team is not responsible for the activities of persons using similar contact details.