Hello guys, as an attempt to protect new or old users on this forum , I think its mandatory for gambling sites to show proof of money they are holding in reserves . Unless casinos converts all deposits to a stablecoin , excluding UST hahahah , from year to date most of them should be running on a loss as most utilized crypto coins are down by atleast 65% and that includes Bitcoin .
There will be more and more accusations created to existing and also new casinos.
Goodluck,Be safe and smart out there!!
I believe that nothing would really make you stand out just because we are in the crash and you provided something. If you are a good casino during the bull period you will be a good one during bear, if you like doing something during bear then you will like it during bull.
A good casino packed with people will be a good casino packed with people in any cases. Sure during bear there will be less, but if it was more than other casinos during bull, it will be more than other casinos during bear as well. I personally like the situation we are in right now, it means if we make any money from the promotions or anything, it will be bigger when bitcoin price grows.
gamblers will play no matter what the season is, bull or bear. this is why casinos especially online sites are surviving. but that is, if the management knows how to handle their business countering any type of crisis. they should know how to sustain the interest of their players by offering some rewards or bonuses or even run contests. if you are not ready enough for this kind of business, you will easily go bankrupt and just wasting your resources. so setting-up may be easy but maintaining day to day operations is another thing.