I'm looking for a niche to diversify my $150k in capital.

[Sevenday Splandson]

Why are all the business forums buzzing about the sweepstakes model in the U.S. market?

 

[pineaplepan1]

With $150k, I’d definitely look into the sweepstakes casino model in the US. It’s an interesting niche, but the regulatory side varies by state.

I’d talk to established providers like NuxGame, SoftSwiss and others about a turnkey sweepstakes platform rather than building everything from scratch. That leaves more capital for marketing, compliance and working capital.

 

[Sevenday Splandson]

With $150k, I’d definitely look into the sweepstakes casino model in the US. It’s an interesting niche, but the regulatory side varies by state.

I’d talk to established providers like NuxGame, SoftSwiss and others about a turnkey sweepstakes platform rather than building everything from scratch. That leaves more capital for marketing, compliance and working capital.

I have already checked out some of these options. However, the main issue is that the initial price tag never reflects the whole truth.... revenue share, transaction fees, customizations and compliance might turn things around completely.

However, when you have only $150k on hand, there are not many ways to go but use an existing platform rather than developing everything from scratch. At least at this point, I am not sure about the provider yet