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Start an Online Casino Business

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Summary: To start an online casino business, get a gaming license, buy or develop the appropriate software, and research the detailed steps of the process. Learn about the laws for different states relating to Internet gambling with information from a business professor in this free video on online businesses.

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By John Niemira
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John Niemira is a professor of business at Stevens-Henager College in Salt Lake City, Utah.read more

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"Hi, my name is John Niemira, and I wanted to talk to you today, very briefly, about starting your own online casino. Starting an online casino can be quite a process. You want to do lots of research. Process is, simplified, is getting a gaming license. You have to have a gaming license to do any gaming in any state throughout the nation. That's why this research process is going to be critical for you. Once you find out what your laws in your state, and how they pertain to you... all the states are going to need a gaming license, but what else are you going to need? You're going to need software... a great website, and software. It's a couple different ways to go with the software. You can buy existing software, starting anywhere from thirty thousand dollars on up to where they say about 350 thousand dollars, write your own code, develop your own software so you have control of it, or be a leasee or what they call a subleaser of software that's out there. So, you purchase their software, or you sublet their software. Get online and do a research. There are several great websites out there that'll tell you about how you get involved in this process. It is a complicated process, so be very very careful with your research. For any more information on this topic, or any other business topic, you can contact me directly at my email jniemira@gmail.com."

eHow Article: Start an Online Casino Business

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