Can you trust online casinos?

Before we actually estimate the total revenue of online casinos, I would like to mention that no one can provide the real amount of money earned by casinos per month or per year. Besides, it depends on the casino reputation and popularity. Fair and customer-oriented online casinos probably make more money compared to the income of the small, less popular gambling sites.

Online casinos have expenses too

Like any other business, companies working in the online gambling industry have to buy services, pay ‘for rent’ and other fees. The highest expense of online casinos is game software providers. A well-reputed casino has at least three partnered softwares, each of them costs about $11,000 a month. In addition, they all take charges from the games when players use it. The monthly charge is about 15% per game.

Apart from the providers, online casinos need to pay for marketing and affiliate programs. It’s again estimated about $12,000 a month. Add to this other payments for hosting, security services, salary to the team and additional expenses. Totally it equals to approximately $25,000 – $30,000 a month.

Yearly revenue of online casinos

Let’s take an average revenue amount of the online gambling industry a year. It’s around $50 billion a year. Thus, about $4 billion each month. It would be simple just to divide the sum by the number of operating online casinos, which is about 4,000 online casinos on the whole Internet. We consider small and big popular casino sites.

Dividing it all, we get $1 million per casino. But as I’ve already mentioned, not every casino works at the fullest. So, there must be about 20% online casinos that make a real profit worth approximately a million dollars.

Presumably, an online casino makes $1,000,000 a month. This sum covers the fixed expenses of $30,000 and payout to players, let’s say it’s $150,000 a month. Saying again, I’m not sure which sums are correct. Anyway, online casinos result in about $800,000 a month, which is approximately $10 million a year.

After visiting gambling sites which are really similar, or even identical, and the only difference is the name, no doubt you get confused. I know that you feel suspicious about all this like what if every casino is owned by the same company? What if it’s all lies just to get my money? Don’t exaggerate. Yes, online casinos take your money but only when you allow them to. Let me explain to you why online casinos are almost identical.

Single owner

First of all, it’s important to say that there are two types of legal online casino owners. There are companies that own only one online casino and they dedicate all their life to this gambling business. Such casinos are easy to spot. They are usually named the same way as the head company. For example, MrGreen online casino and its owner is Mr Green Limited, Betway casino brand is owned by Betway Limited and so on. You can find this info either on our site casino reviews, or on the gambling sites in the bottom of the page.

Holdings

The other type of online casino owners is holdings, so to speak. These are the companies which hold and manage work of several online casinos. Examples of such owners are Apollo Entertainment Ltd, Fresh Horizons Ltd, Genesis Global Ltd and others. Their sites are similar. As a rule, they provide the same service including promos, games and even the same customer support team that is responsible for issues of all online casinos in the holding. That is why sometimes it gets hard to contact an operator. He’s got too many requests. Besides, if you’ve ever contacted an agent, you could notice him asking about the name of the online casino you play at. This is because the team is the same for all of them.

They make money

Ok, now we know that identical casinos with one and the same owner exist. Then the other question is why do these people have so many gambling sites? And the answer is money. It’s all business. After making one successful gambling platform, the owner decides to copy the site to attract more players. If the first site doesn’t suit the visitor, then the next one will surely do. And it works indeed. The service remains the same though. And no matter whether you’ve chosen the first or the latter, you’ll play the same games and contact the same help centre.

Gambling authorities

Another interesting thing you might have noticed is that all online casinos are based in one and the same places. For example, Malta, Costa Rica, Curacao, Gibraltar or other little countries that are far away from your actual home. The reason for that is the country regulations. In the world, there are only a few countries where it is legal to open online casinos. Thus, most casino owners register and license the official companies in these precise countries.

Conclusion

Although there are casinos that are owned by the same people, it doesn’t mean that they are fake or fraudulent. They have licences and approvals from local and international authorities. Their gambling activity is official and fair. So, don’t let the stereotype confuse your thoughts. Play with a complete peace of mind.

First of all, you should consider the fact that chances to win in casinos depend on many factors. Therefore, while choosing the casino, you should follow the instructions and check all the criteria. By the criteria I mean the security, banking methods, bonuses and game collection. Eventually, in this article you will be presented with a description of each point, including the tips to win big in online games.

What is in the article?

• Casino safety requirements
• Banking methods
• Bonus offers
• Games and soft providers

Casino safety requirements

Nowadays, casinos are equipped with really high security systems. In fact, some of the platforms consider safety as a main priority, as a result, they provide different technologies to protect the data. For example, your personal information, including banking details and gaming activities are protected by SSL protocols. Furthermore, there are several regulators that issue licenses for casinos. In particular, Malta Gaming Authority, UK Gambling Commissions, Kahawake GA and Swedish GC. The casino with one of these regulators refers to a reliable platform with fair intentions. Moreover, check for certificates by eCOGRA audit company. It gives statistics of random operations in the games and issues a certificate to secure platforms.

Banking details

The process of transferring the money is mandatory for casinos. You can win money, but the question is how to withdraw it then? In fact, there are many methods to transfer the money, some of them are fast and take low fees, others are vice versa. Let’s find out the perfect methods to make money transactions. At first, casinos provided basic banking card transfers. This method is reliable, however, it’ll take some time for a transaction. Usually it takes from 2-6 days for a payout. On the other hand, there are e-wallets that are also used for casino transactions. We recommend you to use exactly this type for deposits and withdrawals. That’s because it has the lowest commissions rate and fast transaction speed of 0-72 hours.

Bonus offers

Bonuses are taken for granted in the industry of gambling. As a result, loads of big casinos provide huge offers not only for beginners, but also for regular players. As we talk about welcome offers, it usually gives huge amounts after deposits. The number can go up to 2000$ in total, however, you are required to make deposits.

Games and software providers

For the majority of people, games in casinos do not play an important role. That’s because many casinos offer similar collections of games by one or several software providers. However, it’s very important to choose the game with a high return to player rate and interesting features. The RTP rate influences the amount of money you may win in the long run. But the features are a lot more interesting. It contains a big variation of video poker, slots with jackpots and bonus games, live options with real dealers and many more. But importantly is to play games by famous and reliable providers. We recommend only Microgaming, NetNet, Play’n Go, NextGen, Evolution Gaming, BetSoft and PlayTech software developers. These are licensed and trusted providers.

Conclusion

Finding a good casino is not the easiest task. However, learning the necessary criterias is obligatory to make the right choice. We have provided useful guidelines especially for beginners in gambling sphere. In order to choose from our top-rated casinos, click here. https://4casinonz.com/casinos/