Do owners of betting companies place bet on their own platform or is there a policy specific policy that restricts them from betting. Do you think that there would be conflict of interest or that it will be unethical if owners bet on their own platforms. These are the questions that I am seeking an answer to.
For sure they do, most of the casino owners are even active in their live streaming and you can see how active they are on the games so that being said it goes along to answer your question of if casino owners also gamble on their own casino.
Many times, some people believe that casino operators control the outcome of games, but in reality, we must know that casinos are systems that are being run and at some point, it becomes clear that even the casino owner will be treated as a customer and not an insider he has to work to win the games and besides he can also lose too.
In that sense, casino games are programmed and after acquiring that service even the casino owners serves as end-user meaning that they are also client who will use the service and unless the programmer have that code and willing to breach it out to the buyer which is not a common practice as they are protecting the system, then it can be rigged out but if the casino is legit and they are protecting the business, the owner will not do things like that to ruin his business, he will just play as ordinary player like how the other users deal with luck and few are using knowledge that they acquire from their experienced.
If the casino dealer is watching over all the operations happening in the casino, he would restrict anybody from cheating the system. Including the owner? not sure, the only confusing thing right now is the relationship between the casino and the game providers. Don't know if the casino would be able to manipulate results from a game provider's server. As these two parties are different and have some restrictions. There are some things a casino can't do with a gaming provider. Take for instance a game provider that can restrict people in a specific location from playing their game, while the casino allows for anybody to use the casino. But, when it comes to that specific game provider the player has no right to participate in such game, except with a VPN. The provably fair system has to do with the casino, not the gaming provider, this is where I don't understand what happens, in terms of the results we get from a casino.
According to research, the casino controls the results, but the provably fair system would still be there to make sure that the house edge allows players some time to win. Hence, it's quite complicated to know the kind of treatment the casino boss or owner would be getting in terms of results. Another common example would be the streamers, we have rumors floating around the gambling niche that streamers get favor from the casino to win more than the players who join the casino to wager games. I think the casino boss would have to decide what happens or for some reason won't derive joy from using his casino. Maybe he'll be interested in other types of games or participate in a higher level of gambling, with top gamblers or fellow casino owners. I always have this feeling that they'll be focused on buying games and helping the bookmaker with football odds to place on some specific teams to maximize profits.
I see that point and it is possible that casino owners can deal it with the provider, just with how we are seeing those streamers who manage to win just for the sake of advertisement and to attract gamers to use the platform, I'm not sure about the set up and if it's really for real I guess it wrecked the purpose of fair gaming.
Though, maybe there's internal setup with this kind of situation and depends from how both the owner and providers negotiation about this adjustment from the gaming system.