Post
Topic
Board Gambling
Re: Profitable and Growing Casino Website for Sale
by
Wiwo
on 27/11/2022, 17:49:06 UTC
I don't think anyone wants to sell a well-run casino. A good business is worth its weight in gold, this price cannot compete with that. And I'm assuming it's a legal matter. It may well have been put together. Because where can you check the turnover? It may also be a trick to cheat people out of money. You rarely hear that a gambling site is taken over. And this site is also not very well known. It is a huge gamble to take over a casino like this, you have no certainty and if the turnover is not sufficient, you will lose a lot of money for nothing.
In some conditions, we still have good businesses that are being sold at regular interval, but then the asking price and the settle price with the buyer is what is most important. If the buyer checks the liability and the capital intensiveness of running the brand that will guarantee profits merging at the end of the business cycle, we have seen a lot of businesses including their equities getting sold in the market, what determines the asking price is the value of the casino and if oos is asking for a $1.5 million for his casino website it will still be subject to intense bargain by both parties.