You need to be willing to spend a good amount on advertising if you want to get anywhere in this business. You will be going against established casinos with a big amount of players. The thing that a lot of these casinos are lacking is excellent customer service so if you can compete with that you will have good results.
Yes. Advertising is the lifeblood of every gaming business. With good advertising strategy, a new betting company will find it easy to break even.
New business depends upon four factors those are called four Ps (Products, Price, Place and Promotions). So advertisement is a part of every business to become successful enough by letting people know about their services. In case of Casinos either it is the Bitcoin casino or any other coin but it would still need promotions because there is a big cloud of modernism and many other crypto based casinos are working.