Did you realize that online gambling business is one of the fastest-growing business categories in the world? The popularity of online gaming is increasing rapidly and this season has seen significant growth in Europe and Asia. In China and Malaysia, you can find doubly many online gamers as you can find Internet shoppers. Around 43% of Chinese Internet users play games online, while just 16% report which they shop online.

Revenues in online gaming business rose from only $800 million to over $2 billion in 1999! By year 2010, it is estimated that online gambling industry will top over $16 billion in revenues! London-based Merrill Lynch analyst Andrew Burnett says online gambling could generate significantly more than $150 billion in revenues by 2015.

Until recently small entrepreneurs had no possibility of getting into the gambling industry, because of huge capital investments, gaming license acquisitions and legal red tape ทีเด็ด บอลรอง. The net eliminated all of the obstacles. Now you can own and promote your personal online casino, sportsbook and multiplayer poker room gaming business and generate revenues you’ve only dreamt about.

You can find 3 ways to begin an on line gaming business:

1) Most Expensive – Design and implement all gambling software for an on line casino, sportsbook and multiplayer poker room which may run you countless US Dollars. You will also need to obtain a gaming license to operate your online gaming business, which requires approval from most governments. However, you could have full control of your gambling site, and full understanding of the foundation code of your gambling software. Additionally, no royalties are paid out to a gambling software development company.

2) Average – Turn into a Licensee of an Online Gambling Software Provider. This can be a far more affordable option to begin an on line gambling business and you will receive all of the gambling software and sometimes even the equipment necessary. It is also typically the most popular choice for both licensed land-based establishments as well as entrepreneurs. Costs range between $30,000 to $350,000. The average licensing fees are around $150,000 (this usually includes marketing costs). Typically a royalty is paid to the gambling software provider as a percentage of the monthly “take” or “drop” (gross profit). Usually the gambling software provider has payment processing (merchant account providers) already create for an absolutely turnkey operation.

3) Most Affordable – Turn into a Sublicensee of an existing Licensee. Here is the most affordable option to begin an on line gambling business. Costs range between $5,000 to $60,000. The sublicensee is responsible for the marketing and receives a smaller percentage than the usual full licensee (2), because royalties paid to the licensee are much higher.

To legally operate online gambling businesses, online casino and poker room 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 consequently, the respective countries gain significant licensing fees and tax-generated revenues.

As Internet use spreads across the world, online gambling business will remain one of most profitable online business opportunities of the 21st century.

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