Before an operator can launch a new online casino, it must first secure the necessary financing. Which can be done in several ways.
Let’s dive straight in to discover how most online casino operators secure finances to get their businesses up and running. We will also reveal some of the security measures used at iGaming sites to protect your finances when you sign up to play online casino games using real money.
How do operators of new online casinos secure finances?
It’s not cheap to open up a new online casino. It often costs well over $/€/£100,000 just to get started, and to get this kind of money. There are many ways those finances can initially be secured.
A handful of new casinos are owned and managed by market-leading operators that already control one or more well-established online casinos.
Their other brands may have been successfully operating for several years. This means these operators already have the finances to open up a new casino site and don’t need help.
Other operators may be new to the iGaming industry and looking to open their first fully licensed and regulated online casino. Some of these operators may already have the finances to start a new online casino. Whereas others may have to secure funds either from investors, in the form of a loan, or both.
To secure an investment or a loan, you would need an excellent business plan before attempting to get the right amount of funds needed.
The iGaming industry is booming, so provided you have a good business plan to present to potential investors. It shouldn’t be too difficult to find the right kind of people to invest in your new business venture or secure a loan from a fintech company that specialises in offering business loans for startups.
Do all new online casinos survive in the business?
Yes and no. Some new online casinos, especially ones that are controlled by reputable operators with excellent standing in the industry and are licensed by one or more mid to top-tier licensing authorities, have a much better chance of surviving than ones that aren’t, but that’s not to say new operators with less experience won’t survive.
The iGaming industry is one of the world’s most competitive, and some businesses thrive and last, whereas others don’t.
If you’re looking for a reliable new casino that’s likely to last for many years and won’t let you down. There are many factors each player should consider before signing up to a site.
The best and most secure new casino sites will always be protected by 128-bit or higher Secure Socket Layer (SSL) encryption, which keeps your sensitive data and funds from falling into the wrong hands.
A handful of the most secure online payment solutions are accepted and will have superb levels of customer service and unrivalled, 24-hour player support services.
They will only have proven-performing games from market-leading game development studios and software providers, and their games will have above-average payout rates. They have fair Ts and Cs and policies with realistic wagering requirements attached to their bonuses.
Also, the games, products, services, apps, and websites at today’s best new casinos online will work equally well across all web browsers and from all smartphones, tablets, laptops, and desktop computers.
Finally, the best new casinos that won’t let you down will also have positive reviews on globally renowned iGaming review sites like the official NewCasinos.com website. Which is run by a dedicated team of researchers with many years of experience.
Some of the new casinos featured on their website are ‘brand-new,’ meaning they are anywhere from just a few months old up to no more than two years old.
They also have reviews for many other well-established online casinos that are well over ten years old. However, these much older casino sites can also still be classed as ‘new casinos’ when they enter a new market for the first time.
For example, BetVictor Casino – one of the UK’s best online casinos, has been operating in the United Kingdom for over 20 years. However, if the BetVictor casino operator were to enter the New Jersey market (for example) for the first time in 2024. That casino would be classed as a new online casino for people living in that jurisdiction/region.
What are the ten best new online casinos to play at in 2024?
As mentioned, some of the following suggestions may not be brand-new to you. But they might be to players in certain countries where the operators of those sites have just obtained the necessary licenses to operate legally.
Inside the NewCasinos.com casino reviews, you can find secure clickable links that will automatically redirect you to the following trusted new casino sites:
- King Casino
- BetVictor Casino
- BetUK Casino
- Kaiser Slots
- Jackpot Village Casino
- Fortune Mobile Casino
They have many other reviews for even more trustworthy new casinos online. Each review has been expertly conducted by a team member using the same tried and tested vetting process.
Before signing up for any of these top-rated new casino sites, you might want to take a few minutes to read through the reviews. And compare a few casinos you like the look/sound of to see which site might be a better fit for you.
Also, don’t forget that nothing is stopping you from signing up to multiple casino sites. Which is what many online casino players do today. Each site has a generous welcome bonus worth claiming and a unique USP (unique selling point), offering something other sites don’t.
When claiming online casino bonuses, the best thing to do is to claim one at a time. Complete the wagering requirements attached to that bonus before claiming any other bonuses.
This way, you won’t panic or get confused because you have claimed too many bonuses. You won’t have to rush to complete the wagering requirements, and you can enjoy your bonus more without stressing.