{"id":3187,"date":"2020-05-08T12:43:17","date_gmt":"2020-05-08T10:43:17","guid":{"rendered":"https:\/\/startupxplore.com\/en\/blog\/?p=3187"},"modified":"2020-05-08T12:45:15","modified_gmt":"2020-05-08T10:45:15","slug":"planning-an-online-igaming-startup-but-without-white-label-heres-how-to-do-it","status":"publish","type":"post","link":"https:\/\/startupxplore.com\/en\/blog\/planning-an-online-igaming-startup-but-without-white-label-heres-how-to-do-it\/","title":{"rendered":"Planning an online igaming startup, but without white label? Here\u2019s how to do it"},"content":{"rendered":"\n<p>While setting up a white label online\ncasino seems like the easiest and the quickest way to get going in this\nindustry, please remember that you will need to part with a handsome percentage\nof your earnings if you choose to go this way. You\u2019ll also need to shell out\nanywhere from \u00a3 20,000 &#8211; \u00a3 100,000 to the white label company in the beginning,\nincluding their fee. <\/p>\n\n\n\n<p>Hence, there are many entrepreneurs who\nsteer clear of white label model while launching their online casinos. You\ncould also do the same. Who knows you might become the next <a href=\"https:\/\/www.forbes.com\/lists\/2006\/10\/GCUD.html\">Calvin\nAyre<\/a> of the online gambling world!<\/p>\n\n\n\n<p>Let\u2019s understand how people launch their\nonline casinos without white label.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Identifying the software provider<\/h2>\n\n\n\n<p>This step is about finding the software provider who will help you grow. Many entrepreneurs feel that they can considerably reduce their costs by developing their own gambling portal, but please note you need plenty of technical expertise to do that. Please ensure that you work with a partner that offers a user-friendly front-end, payment module, gaming management system and access to well-known games.<\/p>\n\n\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/NFI75I52vyY\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n\n\n<p>On the other hand, there are providers who\nask for a cut in the monthly proceeds. Then there are kinds which simply send\nyou their source code files. Obtaining the source code files gives complete\naccess to the owner and ensures data privacy without any monthly charges. Some\nof the well-known software providers in the market include Microgaming, NetEnt,\nPlaytech and more. In order to know how a top <a href=\"https:\/\/www.casinoonline.co.nz\/\">online casino<\/a> is powered by them,\nyou can take a look at excellent casino review sites that features in depth\nsome of the top-rated platforms in the business today.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Obtaining licence <\/h2>\n\n\n\n<p>This step will require you to work alongside\ngovernment regulators. No government will allow you to offer online casino\nservices in its country without a valid license. The authority that you obtain\nyour gambling license from will be based on where you intend to offer your\nservices. It needn\u2019t necessarily be the country of your residence. In addition,\nyou\u2019ll need to pay a certain sum as the license fee and you will also be\nrequired to provide lots of information and documents. Please note, each\ncountry has its own laws and practices when it comes to gambling licenses. All\nthese are the reasons why many people go with white label providers, as in that\ncase you simply piggyback on their licences.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Implement the payment system<\/h2>\n\n\n\n<p>Once the license is in place, you will need to set up a payment method for customers to deposit\/withdraw their funds. As of now, credit\/debit cards are the most preferred payment methods, however, there are several other payment modes like e-wallets, cryptocurrencies etc. that are also rapidly catching up. There are several online casinos that even allow their customers to withdraw and deposit funds through their mobile phones, via SMS service! The idea is to target and include as many market segments as possible.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"941\" height=\"625\" src=\"https:\/\/startupxplore.com\/en\/blog\/wp-content\/uploads\/2020\/05\/Sin-ti\u0301tulo.png\" alt=\"\" class=\"wp-image-3188\"\/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Marketing<\/h2>\n\n\n\n<p>This is the step that will determine how\nwell you distinguish yourself from the competition and get ahead of it. Giving\nmaximum exposure to your brand will attract a higher number of customers, and\nresultantly increase your profits. You should draft a well thought out\nmarketing plan as well as an advertising strategy. Spend time creating\ncampaigns that will cover search engine visibility, magazines, television ads\nand more. Your website will also need to cater to people speaking diverse\nlanguages in order to create more clientele.<\/p>\n\n\n\n<p>Other than these, you will also need to\ntake necessary steps to secure your online casino platform, and safeguard it\nfrom cyber criminals.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>While setting up a white label online casino seems like the easiest and the quickest way to get going in this industry, please remember that you will need to part with a handsome percentage of your earnings if you choose to go this way. You\u2019ll also need to shell out anywhere from \u00a3 20,000 &#8211; [&hellip;]<\/p>\n","protected":false},"author":29,"featured_media":3188,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[177],"tags":[182,180,181],"_links":{"self":[{"href":"https:\/\/startupxplore.com\/en\/blog\/wp-json\/wp\/v2\/posts\/3187"}],"collection":[{"href":"https:\/\/startupxplore.com\/en\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/startupxplore.com\/en\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/startupxplore.com\/en\/blog\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/startupxplore.com\/en\/blog\/wp-json\/wp\/v2\/comments?post=3187"}],"version-history":[{"count":2,"href":"https:\/\/startupxplore.com\/en\/blog\/wp-json\/wp\/v2\/posts\/3187\/revisions"}],"predecessor-version":[{"id":3194,"href":"https:\/\/startupxplore.com\/en\/blog\/wp-json\/wp\/v2\/posts\/3187\/revisions\/3194"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/startupxplore.com\/en\/blog\/wp-json\/wp\/v2\/media\/3188"}],"wp:attachment":[{"href":"https:\/\/startupxplore.com\/en\/blog\/wp-json\/wp\/v2\/media?parent=3187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/startupxplore.com\/en\/blog\/wp-json\/wp\/v2\/categories?post=3187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/startupxplore.com\/en\/blog\/wp-json\/wp\/v2\/tags?post=3187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}