Hi guys I wanted to ask some of big family members who have experience in crypto and also in gambling. But my experience is not good in gambling.
If someone wants to start a Gambling casino online with Cryptocurrency than how much money is needed. I think that 100k dollars initial capital would be enough to satrt a better casino. Cause we have to promote and also do other such promotions.
So what are your thoughts?
I think you might be asking the wrong question. Instead of asking how much initial funding is required for Cryptocurrency Casino startups, you should be asking yourself how much funding is required to create a professional online crypto casino.
I think you would need an entire team first. Marketing, Legal, Development, etc.
That alone will set you back at least 100k per year. Then there are various costs like the regulatory fees, code audits and whatnot.
You could buy finished code and create another clone of some popular gambling website. But then you would just be another copycat that nobody is interested in.
Basically you should have at least 150-200k USD if you want to create something new, original and exciting.