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.
What exactly is happening on the gambling site?
Does not the gambling site give big profitable to the developer?
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?
Do you have an answer to this question?
Let's discuss it.
I think its really the losses that they have incurred in the last few months. Otherwise, I don't other reasons that they give. Although I think that self-funded casino's without investors would also contribute to them closing. They don't have a full backup the way I see as compared to other casino's. Even bitdice and Betking are opening up ICO's to really attract good investors of course to make the business more sustainable. But as in Rollio.io case, they are self-funded and one big whalers can swept all their earning causing them to shut it down.
Well, when one closes, another opportunity opens, so I'm guessing that new casino's will pop up and replace the void that Rollio has left.