Betting on the Internet (and beyond it) remains a recognizable way to invest, even with ever-changing legislation. And this is not surprising: in 2016, industry revenues worldwide amounted to almost $500 billion. Therefore, games of chance are really a beneficial business, which a lot of people dream of.
There are different approaches to keep away from these troubles and order a ready-to-use establishment from true professionals. These variants include the selling of amusement establishments, the purchase of an authorization from a recognizable institution, the script of an Internet amusement venue, White Label casino. Each option has its benefits and drawbacks, but we want to take a closer look at the last point, as it is not easy to find comprehensive data and materials related to it.
This is a finished amusement institution, which can be purchased and almost instantly launch into operation. The name also implicates “empty tag”, that is, the operator acquires software that can be designed according to his identification and visualization. In fact, this is the major upside of such a solution — the favourable circumstances to establish your own exclusive commercial activity by means of the finished operating system.
The concept of White Label is common not only in gambling activities. For example, one equipment production plant can manufacture products for various trademarks. And it occurs quite often.
Obviously, they are. Most importantly, the gambling venue website comes to the customer without any layout. It implies that it has to be improved and turned into reality. This is not a con, but rather a peculiarity, which takes place because, with White Label, a unique brand of the client is involved.
Secondly, you will not be able to select White Label gaming operating systems. If the external collaborator has installed slots of Novomatic or NetEnt authorship, removing them or adding others will be problematic.
Thirdly, the client will stand upon the license holder corporation. White Label gambling venue is entered into existing papers, so if there are changes in it, it will affect the “subsidiaries” of the institution.
Apart from a White Label business solution, there are actually a few other variants, all having some unique features. In order to get a full picture of what services you are purchasing, we have prepared for you a comparison of the most popular business methods available:
WHITE LABEL CASINO
An actual lease of software with the short organizational time because of the fully established operational environment
No real control over some aspect of the business since you are dependent on the parent company you are renting the software from
Quite an easy way to receive access to a promoted brand from a famous company
No your own business progress as you have to comply with all regulations installed by the parent company
Online casino from scratch with a unique name, design, and actual competitiveness level towards other enterprises on the market
Distinguishes with quite a high cost since all the aspects of the project must be developed or purchased without any initial foundation
The basic code of your online gambling platform for a low price
Implies a necessity to adapt a lot according to your needs
It is obvious, there is nothing difficult or special about the launch of White Label amusement establishment: any undertaking involves careful preparation. And to open an amusement institution is not enough just to download iGaming operating systems or receive permitting documentation.
Well, you will actually need some basic knowledge of how to communicate with clients and partners as well as some primitive concepts of profit, expenses, and taxation system in general. Good for you, there is nothing complicated in this. Moreover, when it comes to the actual White Label solution, here you need to worry the least. There are a lot of professional companies that make convenient offers with clear prospects of future success.
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