Welcome to Elite Gaming Software. We present innovative, advanced and cost-effective fully turnkey iGaming solutions for entrepreneurs and gaming corporations who want to provide their players with a variety of eye-catching, state-of-the-art 3D casino and poker games, online sports betting and cutting edge internet sweepstakes games, all built on a secure, stable and scalable hi-tech gaming platform. Contact us now to receive access to game demos and pricing on available turnkey online casino, multi-player poker, sports book or internet sweepstakes cafe online gaming packages.
How To Start Your Own Online Casino
Are you looking to start your own online casino using the advanced state-of-the-art casino software? You have come to the right place! More and more investors are beginning to realize that the online gaming industry is a promising global growth industry and offers a wealth of opportunities.
Did you know that online gaming business is currently one of the fastest growing business categories in the world? In fact, the gambling industry in the United States alone generates more annual revenues, than the Hollywood movie industry, music industry and video game industry sales combined! Americans spend over $54 billion on gambling annually. 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 2013, it is estimated that online gambling industry will top over $100 billion in revenues! London-based Merrill Lynch analyst Andrew Burnett says online gambling could generate more than $150 billion in revenues by 2015. The potential of online gaming business is too big to ignore. Now is the perfect time to get onboard.
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 start 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 your own online casino
1) Most Expensive Way to Start Your Own Online Casino - Design and implement all casino software for an online casino which could cost you millions of Dollars. You will also need to obtain a gaming license to start and run your online casino, 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 gaming software. In addition, no royalties are paid out to a casino software development company.
2) Average Way to Start Your Own Online Casino - Become a Licensee of an Online Casino Software Provider. This is a far less expensive option to start your own online casino and the client receives all the casino 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 casino software provider as a percentage of the monthly "take" or "drop" (gross profit). Usually the casino software provider has payment processing (merchant account providers) already set up for a fully turnkey operation.
3) Most Affordable Way to Start Your Own Online Casino - Become a Sublicensee of an existing Licensee. This is the least expensive option to start your own online casino. 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 start and operate an online casino 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.
Potential Profits
By starting and promoting your own online casino you could generate millions of dollars within the first few years in business. Your online casino can generate revenue for you 24-hours a day, 365 days a year. The following chart demonstrates the potential profit for a casino site owner. A $1,200 per day win for the house could represent as few as 24 people playing in your own online casino!
| Number of Players | Accumulated Player Loss Per Day | Accumulated Player Loss Per Month | Net Monthly Revenue | Net Annual Revenue |
| 3 | $150 | $4,500 | $2,700 | $32,400 |
| 5 | $250 | $7,500 | $4,500 | $54,000 |
| 10 | $500 | $15,000 | $9,000 | $108,000 |
| 18 | $900 | $27,000 | $16,200 | $194,000 |
| 24 | $1,200 | $36,000 | $21,600 | $259,200 |
Contact us today to receive more information on how to start your own online casino and learn about available turnkey online casino, multi-player poker and sports book solutions. Our account executive will contact you within 24 hours to discuss your options.