Glossary: White Label Online Casino
A White Label Online Casino is a ready-made online platform for individuals or companies to start their own online casino without having to build it from scratch. It is a fully functional and customizable casino that can be easily branded and customized by the licensee to fit their specific needs.
Key Features
There are several key features that make White Label Online Casinos popular among entrepreneurs looking to enter the online gambling industry:
- Quick Setup: With a White Label Online Casino, there is no need to invest time and resources in developing a casino platform. The service provider takes care of all the technical aspects, allowing the licensee to start their operations within a short period of time.
- Customization: One of the main advantages of a White Label Online Casino is that it can be fully customized to suit the brand identity of the licensee. This includes design elements, game selection, and even payment methods.
- Increased Efficiency: By using a White Label Online Casino, the licensee can focus on marketing and promoting their brand rather than worrying about the technical aspects of running an online casino.
White Label Providers
There are numerous companies that offer White Label Online Casino services. These providers have experience and expertise in developing and managing online casinos, making them a reliable choice for anyone looking to enter the industry.
Some popular White Label providers include:
- SoftSwiss: This provider offers a fully customizable online casino platform with a wide range of games and payment methods. They also provide marketing and operational support to their clients.
- N1 Partners: N1 Partners offers a White Label Online Casino solution that is easy to set up and manage. They also provide comprehensive marketing and support services to their clients.
- BetConstruct: BetConstruct's White Label Online Casino solution offers a comprehensive range of gambling products, including sports betting, casino, and live dealer games. They also provide ongoing support and technical assistance to their clients.
Revenue Share Model
In a White Label Online Casino agreement, the licensee and the service provider enter into a revenue share model. This means that the licensee earns a percentage of the revenue generated by the casino, while the service provider takes care of the operational costs.
The revenue share percentage can vary depending on the agreement between the two parties. In most cases, the service provider takes a larger share as they are responsible for the technical and operational aspects of the casino.
Licensing and Regulation
It is important to note that White Label Online Casinos are not exempt from licensing and regulation requirements. In most cases, the service provider holds the necessary licenses and obtains the required regulatory approvals. However, the licensee is still responsible for obtaining any additional licenses and adhering to all applicable laws and regulations.
Games Selection
One of the key factors in the success of an online casino is the selection of games. Most White Label Online Casinos offer a wide variety of games from top software providers such as Microgaming, NetEnt, and Playtech.
The game selection can be customized to suit the specific needs and preferences of the licensee. This means that they can choose which games to offer and in what proportions.
Payment Methods
Another important aspect of running an online casino is the availability of secure and convenient payment methods. Most White Label Online Casinos offer a variety of payment options, including credit/debit cards, e-wallets, and bank transfers.
The service provider takes care of the integration of these payment methods into the casino platform, making it easy for players to make deposits and withdrawals.
Cross-Platform Compatibility
With the rise of mobile gaming, it is essential for online casinos to be compatible with different devices and operating systems. Most White Label Online Casinos are built using the latest HTML5 technology, making them accessible on desktops, laptops, and mobile devices.
This cross-platform compatibility ensures that players can access the casino from anywhere and at any time, increasing the potential for higher revenues.
Conclusion
A White Label Online Casino offers a convenient and efficient solution for anyone looking to enter the online gambling industry without the need for extensive technical knowledge. With a customizable platform, revenue share model, and availability of top-quality games and payment methods, it is a popular choice among entrepreneurs and businesses looking to launch their own online casino.
Before entering into any partnership, it is important to thoroughly research and compare different White Label providers to find the best fit for your specific needs and goals.