A white label casino is a turnkey solution for B2B operators looking to enter the online gaming industry. The term "white label" refers to the fact that the operator can brand the casino as their own, without having to worry about the technical aspects of running an online casino. In this article, we will take a look at the costs associated with setting up a white label casino for a B2B operator.
The first cost to consider is the upfront fee for the white label platform. This fee can vary significantly depending on the provider and the features included in the package. Some providers may offer a basic platform for a lower fee, while others may offer a more comprehensive package with additional features and support at a higher price.
In addition to the upfront fee, there may also be ongoing monthly or yearly fees for the use of the white label platform. These fees may cover things like server maintenance, updates to the platform, and customer support.
Another cost to consider is the licensing fees for the games and software that will be used on the casino. These fees will vary depending on the provider and the specific games and software being used. It is important to carefully review these fees and negotiate them as part of the white label contract to ensure that the casino is profitable.
In addition to these costs, there will also be marketing and advertising expenses associated with launching a white label casino. This may include things like search engine optimization, social media advertising, and email marketing. These costs will vary depending on the specific marketing strategies and tactics being used.
Finally, it is important to consider the cost of customer support for the white label casino. This may include things like live chat support, email support, and telephone support. These costs will depend on the level of support being provided and the number of players at the casino.
Overall, the costs associated with setting up a white label casino for a B2B operator can vary significantly depending on the specific platform and features being used, as well as the marketing and customer support expenses. It is important for operators to carefully review and consider these costs in order to ensure that the casino is profitable.
It's important to note that the upfront fee for a white label casino platform can vary significantly, with some providers offering a basic package for as little as $35,000 while others may charge higher fees for more comprehensive packages with additional features and support.
In addition to the upfront fee, the revenue share percentage is another important cost to consider. The revenue share percentage refers to the percentage of the casino's profits that will be paid to the white label provider as a fee for their services. This percentage can range from as low as 3% to as high as 30% depending on the provider and the specific terms of the contract.
It's also worth noting that some white label providers may offer a setup fee of 0 USD, but in these cases, the revenue share percentage may be higher and a monthly minimum fee may be applied. It's important for B2B operators to carefully review and consider the combination of upfront fees and revenue share percentages in order to determine the most cost-effective solution for their business. Overall, it's important for operators to carefully review and consider the costs associated with setting up a white label casino in order to ensure that the casino is profitable.
In general, it's a good idea for B2B operators to consider factors such as the upfront and ongoing fees for the white label platform, the revenue share percentage, the quality and variety of games and software available, the level of customer support provided, and the marketing and promotional support offered by the provider. Operators should also consider the company's reputation and track record in the industry, as well as the potential for a long-term partnership. Overall, it's important for operators to carefully review and consider all of these factors in order to select the best white label casino provider for their business.
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