Hi everyone! I've been thinking about starting my own online gaming business for while now. Where do I really start? What steps are critical at the very beginning? I'm especially interested in how to choose a market, what payment systems to connect, and how to formalize all this legally. I don't want to get into trouble right away. Maybe someone has already launched such a startup?
Posted by fada (Member # 38591) on :
Launching an iGaming startup is not the easiest thing to do, but with the right approach, it's possible. The main thing is not to try to cover everything at once. Start by choosing target market: some regions are more strictly regulated, others are easier. Then connect a reliable payment system. Without it, the business simply won't work. The financial model, legal framework, platform selection - everything should go step by step. To avoid confusion, I advise you to read the step-by-step plan from Monoup, it describes how to launch an online gaming startup very well. Here is some useful information: https://en.monoup.com/mono_talks. It really helped me. Good luck to you, the main thing is not to rush, but also not to drag it out for too long.
Posted by Markkkk (Member # 38594) on :
I also think that a step-by-step approach is the only way not to drown in information. There are really a lot of nuances now - from payments to licenses.