I'm still curious after directbet closes its site and then keep popping up some gambling sites shutting down their business. But after looking at the auction section I was surprised to see
rollin.io auction off his site and they also said that his site was for sale.
Which gambling site made directbet shut their business down? We don't know what projects they're up to there could be more reasons why they want to sell the casino to.
What exactly is happening on the gambling site?
Does not the gambling site give big profitable to the developer?
I think they're losing interest in running the site or having problems in real life that they have no time at all to manage the casino.
It does give a big profit to the owner and investors when there's a lot of btc wagered daily.
if the developer will continue to get the profit from a gambling site, then why did they shut down the effort that has been built since long?
Maybe they found a better investment project where profits are higher than running a casino and the risks are much lower.
Pretty much the same thing in my mind. Owners are selling their site after building up reputation for profit. Developers are developing stuff for profit so if they find another more profitable venture they they will gladly sell their developed site even though it is giving them regular profit to fund their upcoming venture which in their feasibility study is more profitable than the previous one.