Historically gambling is considered to be a total lie. For sure, when the gambling industry was only becoming popular, it was not operating very well in terms of security and innovations. Gamblers could easily cheat during the games. But the times have passed by, and now it’s hardly possible to cheat the casinos. Online casinos, in their turn, can’t cheat on the users.
Nowadays online gambling is a business. It’s the whole industry which takes its place on the world market. Online casinos are created to make profit on a regular basis. The sites provide service for playing and betting on the long-term period. The gambling companies are interested in keeping players and attracting new customers.
Any kind of cheating on the side of online casinos is not welcome by the senior authorities. Like any other industry, online gambling has got the regulating bodies. If they spot that a casino is deceiving a client, they will impose a fine. And this is a minimal punishment. In fact, the authorities can close the whole company and never allow it to operate another gambling activity.
All in all, it’s not reasonable for online casinos to be rigged. They would rather get big salaries constantly than cheating once and be ‘jailed’. If you think that your casino site is rigged and never lets you win, then maybe you should change the casino. There is a high probability that you have got into the fraud’s hands. On our site you can find the trusted casinos and ways how to test them for fairness.
To do this, you need to enter the “Cashier” section of the selected casino. In the “top-up” tab, the size of the minimum deposit for each payment system will be written.
By downloading the installation file of the casino application from its official website. You need to use the software available on the links of the gambling site. On other sites, it’s possible to play via the mobile browser.
Before we actually estimate the total revenue of online casinos, I would like to mention that no one can provide the real amount of money earned by casinos per month or per year. Besides, it depends on the casino reputation and popularity. Fair and customer-oriented online casinos probably make more money compared to the income of the small, less popular gambling sites.
Online casinos have expenses too
Like any other business, companies working in the online gambling industry have to buy services, pay ‘for rent’ and other fees. The highest expense of online casinos is game software providers. A well-reputed casino has at least three partnered softwares, each of them costs about $11,000 a month. In addition, they all take charges from the games when players use it. The monthly charge is about 15% per game.
Apart from the providers, online casinos need to pay for marketing and affiliate programs. It’s again estimated about $12,000 a month. Add to this other payments for hosting, security services, salary to the team and additional expenses. Totally it equals to approximately $25,000 – $30,000 a month.
Yearly revenue of online casinos
Let’s take an average revenue amount of the online gambling industry a year. It’s around $50 billion a year. Thus, about $4 billion each month. It would be simple just to divide the sum by the number of operating online casinos, which is about 4,000 online casinos on the whole Internet. We consider small and big popular casino sites.
Dividing it all, we get $1 million per casino. But as I’ve already mentioned, not every casino works at the fullest. So, there must be about 20% online casinos that make a real profit worth approximately a million dollars.
Presumably, an online casino makes $1,000,000 a month. This sum covers the fixed expenses of $30,000 and payout to players, let’s say it’s $150,000 a month. Saying again, I’m not sure which sums are correct. Anyway, online casinos result in about $800,000 a month, which is approximately $10 million a year.