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Expense Category | Estimated Cost |
Licensing & Legal Fees | $20,000 R$500,000 |
Website Development | $5,000 R$50,000 |
Game Software | $10,000 R$150,000 |
Payment Solutions | $1,000 R$5,000 setup |
Online casinos can be highly profitable, with some generating millions in revenue annually. Factors like house edge, effective marketing strategies, and player retention tactics ensure their profitability.
Chip Romig, MMR 423
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