Whitelabel Sportsbook and Casino For sale

Discussion in 'Established Website Sales' started by marketpush., Nov 19, 2020.

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    marketpush.

    marketpush. New Member

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    Selling a whitelabel Sportsbook and Casino started fresh this year.

    We have 1411 registered players with FTD 600s which has accumulated a total of €187,185.67 in deposits which has generated €50.000 in GGR.

    Contact me more info!
     
    Last edited by a moderator: Nov 23, 2020
    Strider1973 likes this.
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    AussieDave

    AussieDave 20 years & still going!

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    €50.000 GGR in a year. Once operational costs, taxes, royalties etc., etc., are deducted, you'd be left with sweet FA.

    No offence to the OP... But this is why most white-label go ass up.

    Some people STILL think or are led to believe, the industry is a license to print money. That was true literally years ago. Back then everyone in this industry was making dollars, hand-over-fist. EG - $100K a month for an affiliate wasn't out of the ordinary. Now the industry is saturated... That $100K monthly income has turned into 20, 15, 10 or even far less.
     
    Last edited: Nov 19, 2020
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    marketpush.

    marketpush. New Member

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    It's been live for less than 6 months.
     
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    Biti

    Biti Affiliate Guard Dog Member

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    50k...

    That means 15k,gaming fee, about 5k psp fee, 15k to affiliates and than the operation costs....

    This will cost money...
     
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    AussieDave

    AussieDave 20 years & still going!

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    50K GGR But it's probably costing 65 - 70K to keep it up and running. Hence, a 15 - 20K loss each month.


    And now you realise you've been conned. So, your trying to offload it to another sucker. Sweet :D
     
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    Strider1973

    Strider1973 Affiliate Guard Dog Member

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    Congrats Axel on trying to become an operator!
    600 FTDs in 6 months is a nice number.

    Maybe you want to share here why you want to sell it already? As much of the work now has been done, maybe it would make sense to keep it going for another 12-24 months and try to move it into the profit zone?
     
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    Frank

    Frank Affiliate Guard Dog Member

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    it's not.. its losing money hence why he wants to sell after 6 months, typically you should set around 400-800k to get up to a decent speed and not expect to make any money until around 14-18 months,
     
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    marketpush.

    marketpush. New Member

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    I basically want to sell due to having such bad timing with the corona situation. When deciding to launch I didn't even know about Covid, and then I obviously had the perfect timing, going live just about when everything went to shit, including my finances, not because of launching this product but because of other circumstances.

    Yes, as you guys are saying, it's along way to profitability but a lot is also invested into this. White label licenses paid for, we are up and running, we got revenue etc.

    If someone would buy this it would basically be a shortcut taking you 6 months further rather than starting a whitelabel from scratch. Investments would still need to be done into marketing ofc, but we do have channels established that can be scaled up, for a potential new owner.

    My option is of course to take things slower, and sit on it as well for another one or two years and see what happens. And I'm fine with that too!
     
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    Biti

    Biti Affiliate Guard Dog Member

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    At least. And than there's the risk of a big winner.

    That's a 100 FTD a month. That's nothing and definitely not enough to make it a profitable business. With these numbers it will just cost money every month. And as it's a white label, it depends on customer service, payments, terms, games, etc totally on the white label provider.
     
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    AidanLCFC

    AidanLCFC Affiliate Guard Dog Member

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    might help if you say what licenses you have with this and where you can and can't operate
     
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    Btting

    Btting Affiliate Guard Dog Member

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    Can you PM me more info?
     

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