How to Start an Online Blackjack Business- An Exclusive Guide
written by Nitin Garg | Dec 19, 2022
Online casinos are mushrooming in the world at a rapid rate. Gone are the days when people had to leave their homes to play land-based casinos. With the advent of technology, low-cost internet connectivity, and online casino platforms, the demand for online casino games like Online Blackjack Business, poker, teen patti, baccarat, and Texas Holdem is reaching the next levels. Amongst all, online blackjack is grabbing the attention of major gamblers and investors.
Starting an online blackjack business is not everyone’s cup of tea, and hence requires expert knowledge and skills. Before starting any business, it is very crucial to know in-depth details about that business. From planning to launching; every set of stages needs to be well taken care of in order to keep up with the requirements of an online blackjack platform. One must hire an experienced blackjack development company that can offer them turnkey or Whitelabel blackjack development solutions.
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Online Casino Industry- Market Overview
If you want to enter the casino world by launching your own online blackjack business, here is the guide for you. In this blog, we will cover all the aspects that are required to build an online blackjack software solution from scratch.
The online gambling industry has gone through a paradigm shift after digitalization and the pandemic when people started adopting online modes of playing games. According to market research, the online casino industry was valued at $58.2 billion in the year 2021 and is expected to reach a value of $145.6 billion in the year 2030. The industry is showcasing a CAGR of 12% between 2022 to 2030.
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Moreover, the penetration of smartphones, low-cost data and online casino platforms, fueled the growth of the online gambling industry as a whole. This clearly shows that start an online blackjack business is an opportunity to generate high returns on investment.
What is Online Blackjack?
Blackjack is a fun, entertaining and popular card game played by gamblers worldwide in many casinos. Besides being simple and easy to play in nature, blackjack is a type of casino game based on skills and expertise. It is one of the high-strategy games with odds that tend to fall on the player’s side. The main objective of the players is to get as close as 21 but must not exceed more than that. If they hit 21, they will lose and will not be able to play.
Blackjack is a type of casino game famous among people of all ages and gender. The game has gained a lot of importance in terms of gambling. People from across the globe are playing it to earn exciting cash rewards and real money.
Blackjack game development is not an overnight task and hence consists of a set of stages that you need to follow to launch your business. To make things a little bit simpler for you, here we have listed some of the crucial steps that you must follow to launch a feature-rich and advanced blackjack game software.
1. Market Research and Planning
In order to build any business irrespective of the sector or industry, it is pertinent to gather market insights and stats regarding that particular product. There are certain things that you need to take care of such as features, competitors, ROI, and the latest market trends and technologies. If you are planning to launch your own blackjack game software, make sure to SWOT analysis by gathering crucial information related to the strengths, weaknesses, opportunities and threats of the online blackjack game.
This can be done by collecting details about your competitors and target audience. Moreover, decide on what type of license you need to operate your business, and what features you want to incorporate to make your platform cut above the rest. Also, gather insights on the level of competition, offers, bonuses, supporting languages, etc.
2. Choose the Best Blackjack Game App Provider
Blackjack game development is a hard nut to crack and hence requires expert knowledge and skills. You must be very picky and choosy when it comes to selecting a blackjack game app provider as there are a lot of service providers out there in the market and not everyone holds that expertise. Compare the years of experience and prices of the software solutions before making a decision.
Make sure that the selected Blackjack game software provider has a good name in the market and sound recommendations from clients worldwide. Beginners might not be able to deliver casino solutions as per the market demands. So try avoiding startup companies, and make sure to select established and experienced ones. Here is the list of things that must notice before selecting a blackjack game app provider:
High customization level of the front end
A complete list of betting markets
Access to the most popular casino games
3. Create a Blueprint of Blackjack Game App Solution
In order to make your blackjack game software top-ranked, it is crucial that you pre-decide the structure and functions of your game app much before the development. Doing such will help you avoid confusion and errors that may happen during the development of the blackjack game app. The important aspects required to build a blueprint are:
Choose a platform on which you want to deploy your app
Live streaming features and creating a user-friendly interface
In-app characters, props, environment
Concept design of the game
4. Get a Gambling License
If you are planning to launch your own online blackjack software solution, you need to first apply for a gambling license. Without a license, it would be illegal to start your online blackjack business, and hence you may be required to suffer consequences in the future. Every country has different rules, laws and acts for gambling activities. Some countries give relaxation on gambling activities while others strictly prohibit gambling operations.
The countries that have completely banned gambling in any form are North Korea, Singapore, Cambodia, Brunei, United Arab Emirates, and CyprusPoland. While countries like Canada, the United States, the United Kingdom, Russia, Asia and Hong Kong allow gambling to some extent. Make sure that you get a gambling license in the nation you want to launch your online blackjack business.
5. Formulate a Concept Design
There are numerous blackjack game apps out there in the market, but only a few of them are making a difference. Players across the globe appreciate unique and creative gaming applications that not only please the eye but also provide them with a seamless and engaging gameplay experience. Therefore, take care of the game content and concept design that is simple and easy to use.
Don’t waste your money on fancy or complex graphics, videos or visuals that are not meant for your platform. Moreover, the front-end and back-end parts of your website must be integrated seamlessly and effortlessly.
6. Select Payment System
It is important to choose the payment system when starting your own blackjack business. Make sure to integrate payment methods that are accessible and appreciated by gamblers worldwide such as e-wallets, cryptocurrency, credit cards, debit cards, MasterCard, PayPal, etc. Ensure that the payment methods you integrate are safe, secure, reliable, and highly scalable. Also, the players must be able to make quick transactions by withdrawing and depositing money in a matter of seconds.
7. Marketing and Promotion
Marketing is another important element that is vital to launch any business. Strategic marketing and promotion will help you make your platform reach your targeted audience.
You can select SEO, Digital marketing campaigns, advertisements, email marketing and content marketing as your marketing mode to reach your target audience. Moreover, you can also offer your players special offers and bonuses, motivating or influencing them to stay connected to the platform for a longer duration.
How Much Does It Cost To Open a Blackjack Business?
In order to build your own blackjack game app solution, you need to take care of a lot of things, including the cost of blackjack game development. To avoid overhead or extra costs, make sure to set the development budget in advance. The development of an online blackjack software solution involves the cost of designing, developing, testing, marketing and launching.
On average, the cost to launch a blackjack game software with basic features and functionalities is around $30,000 to $50,000. The cost may shoot up to $70,000 if you want to add advanced or complex features, functionalities and tech stack to your blackjack game app solution. Here is the list of factors affecting the overall cost of online blackjack business:
The complexity of the features
The size and experience of the Blackjack Game App Solution Provider
Launching an online Blackjack software solution is not an overnight task, hence it requires a lot of market research and planning. In order to launch any gaming business, one must take care of other elements that are associated with it such as rules, regulations, competition, USP, opportunities, budget, etc. Therefore, before starting your own gambling business, take care of the license, software functions, features, development budget, marketing strategies, channels, etc.
It also depends on the type of blackjack game app provider you hire for your project development. If you are concerned about the cost and features of your blackjack game app solution, choose us to get cost-effective, high-quality, and top-performance development services and solutions. Being a leading blackjack game software provider, we have helped ‘N’ of clients develop their own casino platforms in a manner like none other. So what are you waiting for? Contact us directly to get a quote.
How long does it take to develop blackjack game software?
As a leading blackjack game app provider, we believe in delivering excellence in the shortest time possible. On average, we take around 12 to 20 weeks to develop an online blackjack software solution.
What are the features of a Blackjack game app solution?
Being a renowned blackjack game app solution provider, we ensure to integrate the latest and innovative features that offer players a seamless and uninterrupted gambling experience. Some of the major features that we include while developing a blackjack game software are multilingual support, customer support, multi-currency, safe and secure payment integration, live chat, and Engaging UI/UX.
What are the benefits of blackjack game software?
Blackjack game software offers plentiful benefits to both players and creators. Players can earn real cash rewards while playing blackjack card games online. On the other hand, creators can attract a global audience while generating high ROI.
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I am Nitin Garg Founder of BR Softech PVT LTD - an Award-winning, app, web & game development company. We are armed with 180+ geeks & 2753 clients worldwide, I have driven by the spirit of entrepreneurship and dream to build a billion-dollar-company.
BR Softech Pvt. Ltd. excels in providing cost-effective IT Solutions. Established in August 2012 with over 10+ years of rich experience. An Apex rated IT serving company around the world. Our team of innovative and creative designers deals in web designing, and mobile game/software development intending to deliver outstanding digital outcomes.