That's kinda normal
The majority of startups (like 90% or something to that tune) fail within their first year. Nassim Taleb says (and I generally agree with him) that it is required for the industry as a whole to prosper. More or less, people take risks because people are risky overall, and the rewards are high. Besides, entrepreneurs reveal more optimistic attitude toward life, and thus they are prone to underestimate the risks and overestimate their abilities
Let me guess, many have already mentioned wolf.bet
Hm... Maybe it's true that it's normal in any sphere for the majority of projects to fail. Although it seems that the success rate of new casinos is far from 10%. More like 1% or even less than that. As for wolf.bet, it was indeed mentioned before, and it's a good example. But there aren't many such examples, even though we can see a few new casinos appearing on the forum every week
I don't know the exact number
So 90% was just to show that the survival rate is not very high, as it were. Regarding the projects you mention, I've seen a couple of them here. They look more like a student's homework rather than real stuff. If we exclude these wannabe casinos, the percentage of failures should go down. Anyway, Wolf.bet has already survived its first year
The chances are low and odds are against unless the new casino aims to be a specific game focused gambling platform. The long term success will happen but there are questions have to be answered by the team before going to accept this decision: Will they be able to advertise among the new casino and gain the trust of players among all the old established brand casinos?
That's another interesting question because I am not sure it's obvious that a casino focusing on one game has more chances of getting popular than a casino that offers various features. For instance, Sportsbet.io is a sportsbook, but it's also a casino with slots, roulette, blackjack and other games. I believe most successful casinos actually offer lots of stuff rather than one game, although that's debatable.
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