5 Challenges Every Casino Owner Faces While Opening Casino

October 6, 2022 at 1:55 pm

5 Challenges Every Casino Owner Faces While Opening Casino  Owners face a mountain of challenges when opening a casino. You must establish your business while keeping to the letter of the law, which isn’t always easy to do. Regardless of whether you’re opening an online or physical casino, there are many obstacles to overcome.

It isn’t just about bringing in the most exclusive games or the ones with the biggest progressive jackpots. You must strive to stand shoulders above the competition. All casino owners face challenges along the way, even before their doors open, and it’s those that impact your success the most. These challenges are just a few of the ones every casino owner will face along the way.

Obtaining a Casino Licence

You cannot operate without a valid casino licence. If you have no licence, you have no casino; it’s as simple as that. Of course, you could technically open an online casino without a licence and make a lot of money, but it’s risky. Typically, obtaining a licence is one of the toughest challenges casino owners must overcome as there are a lot of hoops to jump through.

For example, the paperwork must be in order (and there is a lot of it to go through). Depending on where you reside, the requirements can vary considerably. Some countries are quite lax about gambling, while others are quite strict.

Extensive Competition

When you open a casino, you’re going to be competing with thousands of other venues. For instance, if you open an online casino, you’re going to be competing with other online casinos, gaming platforms, betting apps and sports betting sites, fantasy sports, and even lotteries. There are also the physical venues to compete with. While the trend continues to rise for online play, there are still millions who prefer to be in a physical casino.

You will find extensive competition from all sides and that is what you have to compete against. It’s crucial to have games supplied by top software providers, along with a smooth, reliable site that is available in both desktop and mobile versions. These things make your casino readily available to a wider audience.

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Video Gaming is Increasingly Popular

Another major challenge casino owners face is the ever-expanding world of video games. While most wouldn’t think players would choose video games over casino games, the landscape has changed dramatically over the last decade. Video games have become more intuitive with gameplay moving online and offering an expansive open-world play. Players love the concept of battling fellow gamers online and can be a huge competitor for casinos, as strange as it sounds.

There are also players who want casino games to resemble video games and give them a more immersive experience. Classic games, like slots, roulette, and blackjack will never go out of fashion, but players want more excitement.

The Quandary of Cryptocurrency

Cryptocurrency has become increasingly popular in recent years, but that has presented major headaches for casinos everywhere. Should cryptocurrency be accepted in online casinos? It’s one of the biggest challenges for casino owners because there is no simple answer.

On one hand, customers may be more likely to use your casino if there have the option of paying and getting paid in cryptocurrency. On the other hand, however, some currencies are quite volatile and almost impossible to predict. That could result in the house-edge disappearing, not something any casino wants. Secondly, it could mean players get paid cryptocurrency that isn’t worth half of what their actually winnings are.

It’s the same for the casino: players pay them in cryptocurrency with a value that halves within an hour. Casinos lose. Then, some countries have strict regulation over the use of cryptocurrencies. Some established casinos won’t allow them simply because the risk is too great.

Stricter Regulation

Many governments are putting tighter constraints on physical and online casinos. It means there are tougher controls on gambling. Casinos are under pressure to become responsible businesses and offer support and tools to those who cannot control their addictions. There are also some restrictions over marketing. It means casino owners must do more to ensure their businesses are viable and support their players.

Of course, more can be done to make the industry safer for players. To find out more, check this site.

Final Thoughts

This is a tough industry. Casinos have competitors across the spectrum and that’s before regulations and licences come into play. The stark reality is that the online casino world can be big business and very profitable, but there will always be new obstacles to overcome. You need to continue to bring an innovative experience to the consumer and know the latest laws and regulations to find success in this vast and difficult industry.

Road Rage Slot by NoLimit City

October 4, 2022 at 4:40 pm

Road Rage Slot by NoLimit City  Introduction

There is 99 default winning ways in Road Rage, a cartoonish and volatile traffic jam slot from NoLimit City. In addition to their different modifiers, car wilds can crash to produce a multiplied wild. During the bonus rounds, you will find mystery symbols that will upgrade your car’s wild multiplier as well as a pre-feature Rage Buff. The maximum win is 36,000x your stake.

Road Rage Slot Features

All the cars that appear in this game are Wild symbols, and winning 5 of them pays between 2 and 5 times your stake. In addition to substituting for pay symbols, wilds also come with unique modifiers depending on their colour:

  • Symbols on the same reel will be larger by +1 when the yellow car (engine breakdown) appears.

  • When it drives from right to left, the red car multiplies all symbols it passes over by 1. Upon stopping, it turns wild.

  • Unlike the red car, the green car drives left-to-right rather than right-to-left.

A Colliding Wild is created when two Red Cars collide, and their multipliers are added together.

Traffic Light Scatters trigger a Respin with a Wild Car guaranteed on each of the triggering reels when only 2 appear in view.

When you land 3, 4 or 5 scatters in view, you trigger the Morning Rush, Highway Jam, or City Mayhem bonus rounds.

All three bonus rounds feature Mystery Symbols, but only one per reel. Each mystery symbol reveals a colour, and if that colour matches a present wild in the car, it increases the multiplier by one. The extra spin is awarded if there is no colour match between the mystery symbol and the car wild.

As part of the Rage Buff feature, you’ll see some cars move across the reels before either bonus round starting. Thus, you can win extra free spins or higher sticky multipliers (such as drive-by multipliers).