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Online Casinos in general: stake7 casino

Topic created on 29th Apr. 2022 | Page: 1 of 1 | Answers: 7 | Views: 1,777
R3hab
Elite
can someone explain this to me

Dear Player,

As you have been informed in the email sent by Stake 7 on April 8, 2022, Stake7.com will not be operating under the license of AMGO iGaming Malta Ltd (license number MGA/B2C/163/2008 issued 1st August 2018) but on the license of Gammix Limited (license number MGA/B2C/295/2015 issued on 14th June 2016).

We are therefore moving you to a new gaming platform on May 3, 2022

If you do not want to be migrated to the new platform, please send an email to stake7migration@amgoigaming.com no later than May 3, 2022, at 17 CET

Kind regards,
AMGO iGaming Malta Ltd

Edit by Sabine: font color adjusted

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moralischverwerflich
Expert
I also just got, did not know that I still have an account there.
Gammix seems to have swallowed stake7 then probably

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R3hab
Elite
haha
so was i when i saw the mail
is probably cheaper than to start a new one

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denyo123
Experienced
Peter8 wrote on 29.04.2022 at 22:30: haha
so gings me too when I saw the mail
is probably cheaper than to start a new one

It's probably more about buying up the existing customer base than saving money

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moralischverwerflich
Expert
Peter8 wrote on 29.04.2022 at 22:30: haha
so gings me too when I saw the mail
is probably cheaper than to found a new one

Do not think that is cheaper. A company sale is normally based on sales/profit.
The advantage to a new opening is I think times only because everything is already ready and you already have thousands of customers
The foundation of an online casino is somewhere in the smaller 7-digit range if I still have that right in my head from the article I read

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R3hab
Elite
yes good, thank you guys

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Malganes
Top Member
Milo1 wrote on 29.04.2022 at 22:42
Don't think that is cheaper. A company sale is normally based on sales/profit.
The advantage to a new opening is I think times only because everything is already ready and you already have thousands of customers
The foundation of an online casino is somewhere in the smaller 7-digit range if I still have that right in my head from the article I read

Have me times with Softswiss schlau made what it would cost so to open a casino.
A small excerpt to White Label solution from them:

- provide platform
- solve all licensing issues
- provide payment processing
- provide ongoing technical support


In practice, the budget to be secured should be at least 700,000 EUR for the launch and one year of operation. EUR 200,000 is needed for the setup, which includes the cost of the platform and the first months of stable operation. After that, the budget will be divided on the basis of 50,000 EUR per month, which includes marketing and operating costs. Of course, there is no upper limit. Any amounts below that would be an underinvestment and therefore wasted money.

It's really a gift^^

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moralischverwerflich
Expert
Malganes wrote on 30.04.2022 at 15:22
I checked with Softswiss what it would cost to open a casino.
A small excerpt to the white label solution from them:

- provide platform
- solve all licensing issues
- provide payment processing
- provide ongoing technical support


In practice, the budget to be secured should be at least 700,000 EUR for the launch and one year of operation. EUR 200,000 is needed for setup, which includes the cost of the platform and the first months of stable operation. After that, the budget will be divided on the basis of 50,000 EUR per month, which includes marketing and operating costs. Of course, there is no upper limit. Any amounts below that would be an underinvestment and therefore wasted money.

It's really a gift^^

Then I still had it halfway right in my head. Around 1 million to open a money printing machine. No wonder the sprout only so from the ground

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