Some time ago I saw a new gambling site appear with a signature campaign managed by the professional Manager like Hhampuz , Cryptobrainbross. Like campaign Fairspin, Bluechip (which I follow) both gambling sites didn't last long. Fairspin only runs for 2 weeks and Bluechip only runs for 1 week, and for several other signature campaigns it has also started to be held or ended.
Does this bear market affect the finances of the casino sites as well, so they have a low allocation for signature campaigns.
With the end of several signature campaigns, the competition is getting tougher. As in the Trus Dice campaign, which was managed by Hhampuz, only a few hours after it was opened, many people applied. and for sure those who have the most merit in the last 120 have a chance to be accepted. while those of us who are only able to collect a few merits are sometimes always eliminated and do not get a place.
Well signature campaigns have been ruthless in people competing for slots and the amount of Hero/Legendary users is slowly creeping up every week - this is hardly a new development. On your original question of how casinos operate, there are all sorts of reasons that might see the collapse of advertising campaigns, however it can often come down to money. It is a very hard market to break into now as there is already plenty of established sites who have accrued regular users and it can be almost impossible to attract their attention. A lot of new casino owners also don't realize how much money is required - not just to do this sort of advertising but paying for things like security when they come under DDOS attacks by people trying to blackmail them.