With what I see with the new casinos, they're wrong with how they do it. They think that as long as they have established the website, the casino, the providers are done, they're all good to go. IMHO, that's not how it goes and all they have to do is to make sure that they also have a good security that protects the operation. It's not just all about the wallets that they have, hot, cold storage wallets that they have to protect but also their main operations and users data.
Running an online casinos is not as simple as they think because they must establish the site, design it, testing the security and everything to be running properly. That will needs time before they can launch it to public and their site needs to be check and tests by other people to see how the site runs. The team of the casino must make sure about the security and the wallet for every members so there will be no problem for their members. The casino owner must prepare some budget for their operational and the main account to pay the winner so there will be no complaint from the members when they want to withdraw their win money. Many things needs to be prepare and set it up so that will needs a hard work and all people in the casino must gives their best work.
Now the competition is also getting tougher and many land-based casinos have online casinos as well for more profits.
Developing their business to get more profits is the way to do it, now it's the digital era and everyone needs gambling that can be played in the past without being limited by place and time.
No doubt that the competition getting tougher because every casino launched their site want to achieve a goal which is make a lot of money from their site. That is why all casinos must make sure that their site can accommodates a place for all gamblers who playing gambling on their site and gives satisfaction to them. When many members can satisfy with the site especially for their services, that can make more people join with the site and playing gambling with other people. Developing an online casino is not easy so the casino owner must have a solid team that can works together with all teams inside the casino so they can have a reputable casino among the other casinos. Once their site grow, they will see that their site will have the potential to make a lot of money from their business.