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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.