| Posted by: The Original Mary at July 1, 2001, 2:13 pm | | Topic: Research Alert: Onlinecasinosales.com, Rise Media= Gamblingsoftware.com Forum: Winner Online |
FAQ
What exactly is it that you are selling - is it a product or a business? What do I get when I buy a gaming system through Online Casino Sales?
If I were to buy a gaming system through Online Casino Sales would I need staff, administration, an office, etc.?
Can you explain in layman's terms some of the key components in the gaming systems Online Casino Sales sells. For example, Java…
Once a company has bought a gaming system from Online Casino Sales what support are they given and how do they monitor the running of the software on a daily basis?
Realistically, what profits are there to be made from an Internet gaming site?
What are the benefits of owning an Internet gaming Web site and what should I be aware of before entering into this business?
Could you describe the type of client best suited to running your software, and are there restrictions to starting an Internet gaming business - i.e. finance, legal requirements etc?
How does Online Casino Sales guarantee traffic to the Internet site and what ways can you market and advertise the site? There are examples of casinos spending US$2M per month on advertising, is this realistic?
How is the intolerant US stance on Internet gaming affecting your business, are people reluctant to buy software in the present highly political climate?
Could you describe the online gaming market at present - is it a global market or is regional legislation producing pockets of gaming action?
What does the future hold? How important is interactive television to the Internet gaming industry and can your software be used on these systems?
What exactly is it that you are selling - is it a product or a business? What do I get when I buy a gaming system through Online Casino Sales?
We provide a turn-key Internet casino solution. Each game system includes: · a suite of instant-play Java games · a professionally designed Web site · a powerful casino management system that gives the owner/operator complete control over the business · an Affiliate Management System for marketing multiple sites · full technical support/upgrades · full access to marketing consulting services · customer support services for end users · high-speed hosting services · merchant banking services · official government gaming license.
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If I were to buy a gaming system through Online Casino Sales would I need staff, administration, an office, etc.?
The key to success in running a profile online casino is marketing. Usually, all that is required is a good Webmaster with a basic knowledge of Web site management and marketing. In some cases marketing services can be handled by contracting out to an agency that specializes in marketing and publicity for Web-based businesses. No office space or other staffing is required. As long as the Licensee has access to the Internet, he or she can manage the casino from anywhere in the world.
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Can you explain in layman's terms some of the key components in the gaming systems Online Casino Sales sells. For example, Java…
Our solutions are provided by Gambling Software.com and are unique on the market. They are instant-play, thanks to our use of 100% Java technology. The Java platform is a fundamentally new way of computing. It's based on the concept that the same software should be able to run on many different kinds of computers, consumer gadgets, and other devices. With Java technology, the same application can run on unique delivery platforms including the Internet, a PC, a Macintosh computer, a network computer, or even new technologies like Internet screen phones and arious "blackbox" applications (Web ready cable systems). It is also compatible with " in-room" Hotel/Resort, café or pub kiosks, wide area network, cruise ship systems, and more. In addition, our game servers are completely scalable applications. In other words, it allows a large number of concurrent users to access the system simultaneously. The games are instant-play because there is no special software or plug-in that must be downloaded to play the game. Instant-play gaming is able to capture more revenue per isitor because it allows people to play the games on impulse. Unlike other casino solutions that require a download or a CD-Rom to be shipped, there is no interruption in the sale process.
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Once a company has bought a gaming system from Online Casino Sales what support are they given and how do they monitor the running of the software on a daily basis?
Full technical and system support, software upgrades, ongoing management and marketing consulting, and customer support for the end user is provided. Our revolutionary casino management system - the CasinoManagerTM - puts complete control of the casino in the owner/operators hands. Moreover, since the casino management system is Web enabled, it can be accessed securely from anywhere in the world.
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Realistically, what profits are there to be made from an Internet gaming site?
The average Internet casino makes $100,000 in profit per month. This number will fluctuate depending on the Licensees' marketing and promotion efforts. Profitability depends on how much traffic is being driven to the site. The more isitors to your site will equate to more players and deposits. Ongoing creative advertising and promotions, customer relationship management, as well as a good affiliate program are key to a successful casino.
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What are the benefits of owning an Internet gaming Web site and what should I be aware of before entering into this business?
Internet casinos are one of the few online businesses making money on the Web today. Don't forget that most Internet businesses, including giants like e-trade and Amazon, aren't making a single penny in profit. Compare that to the average Internet casino and you will quickly see that this is a serious business. Anyone contemplating an Internet casino business should also look into the law regarding Internet gambling in their local jurisdiction. If your jurisdiction does not expressly permit Internet gambling you may have to structure and locate your operations in a jurisdiction that does.
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Could you describe the type of client best suited to running your software, and are there restrictions to starting an Internet gaming business - i.e. finance, legal requirements etc?
The ideal Internet casino operator is someone (or a group) looking to make a turn-key investment in an e-commerce business with significant upside potential. Nothing is guaranteed in the Internet business, so the money you put up front should be regarded as risk capital.
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How does Online Casino Sales guarantee traffic to the Internet site and what ways can you market and advertise the site? There are examples of casinos spending US$2M per month on advertising, is this realistic?
No one can guarantee traffic to a site. That having been said, our in-house marketing team is available to consult with our licensees on a successful marketing strategy. This service is available free of charge. As far as spending US$2M a month on marketing…we are not aware of any casinos that spend that kind of money. The average casino should be spending about 25%-50% of the net gaming revenues (wagers minus payouts) on marketing. A well-managed, high impact casino marketing plan will cost about $50k per month, although some people have better results with less money.
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How is the intolerant US stance on Internet gaming affecting your business, are people reluctant to buy software in the present highly political climate?
On the contrary, the current political and legal situation is an advantage for our clients. Although it requires casino licensees to locate operations overseas, this also means reduced set up and overhead costs. Moreover, it means that there are no large multinational players consolidating the market. The time to make an Internet casino investment has never been better.
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Could you describe the online gaming market at present - is it a global market or is regional legislation producing pockets of gaming action?
Huge. With no end in sight. There are more casinos in the state of the Nevada than there are on the whole of the Internet, and the Internet continues to grow at a break-neck pace. There will be 300 million (source: e-marketer) Internet users by the end of 2000. Global on-line gambling revenues will reach 3.5 billion by the end of the year. We are at the ery early stages in the development of this industry.
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What does the future hold? How important is interactive television to the Internet gaming industry and can your software be used on these systems?
As broadband Internet access grows, Internet gaming will only get better and more exciting. Today's Internet casino focuses on recreating the betting experience. Tomorrow's Internet casinos will focus on entertainment, such as streaming audio, ideo and live Web casts of special entertainment events. Once Web TV becomes a iable platform, then the sky is the limit.
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By opa_mary (opa_mary) on Monday, July 02, 2001 - 12:09 am: Edit
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