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Online Rummy is one of the fastest-growing gaming markets getting immense traction across the world. The gameplay convenience, exciting rewards, and other features make online rummy a popular choice amongst players. Due to the massive user base and popularity, many entrepreneurs consider rummy game app development a lucrative business idea. Some have already launched their rummy game app and some are on their way. 

However, their biggest concern is how to turn this app idea into a profitable business.

If you happen to be one of these individuals, this blog will be of great help. Here we have listed the five most effective tips that can help you transform your online rummy app into a lucrative venture. 

• In-app Purchases 

In-app purchase is one of the popular strategies to make money from free apps. By integrating in-app purchase features, you can allow users to purchase additional points, power-ups, or unlock the next game levels. Most users tend to be ready to spend money on virtual items to win the game and reach the next level. Thus, you can earn good revenue with this strategy. You can offer several paid virtual items that can help boost players' games. The in-app purchase also helps increase fun and excitement in the game.  

• Rewards and Referral Points

Monetary benefits and reward points motivate players to play more and to be your loyal users. You can offer a free initial bonus to the new users and also some loyalty points to the existing users. This will help you retain and attract more users and grow your business. 

• Advertisements

In-app advertisement is a proven way to make a good amount of money with game apps like rummy. You just need to display advertisements in your poker app or choose affiliate marketing and receive payment from the third-party ad networks. There are different types of ads you can choose to display in your app, such as banner ads, interstitial ads, native ads 

and video ads. 

• Real Players  

Allowing users to invite their friends to play along makes the rummy game even more exciting and engaging. Users enjoy playing with actual players rather than bots. Thus, ensure to add multiplayer mode to your app and let users play with actual players. This will help you earn a considerable amount of money and also grow your user base. 

• Design Interactive Interface 

Game design is an essential component of rummy game software development. It will be a key factor in deciding your app's success. The game design should be interactive and attractive enough so that it can draw user’s interest in a first use only. You need to use high-definition graphics to create a real-time UI that keeps players hooked. When designing the game interface, pay close attention to every detail as any design glitch may affect the user experience. With a high-quality, engaging UI design, you can boost the gaming experience, and improve the retention rate. 

Final Thoughts! 

If you wish to make the most of your investment in the Rummy app development, keep implementing effective strategies like above. With effective tips like the above, you can increase your user base and start making a hefty profit with your app. 

The sports betting industry is growing exponentially and there seems to be no sign of slowing down. Most of the countries have regulated and legalized sports betting, which is one reason behind this growth. However, technological advancement has a crucial role in the swift expansion of the sports betting market. Here we mean sports betting app development. With the emergence of sports betting applications, more and more people have started betting on sports. The reason? Added convenience and fun. People no longer need to visit the stadium to bet on their favorite sports. They can bet on different sports from the comfort of their home while also enjoying rewards and loyalty points. 

Seeing the massive response to online sports betting, many entrepreneurs and gambling businesses wish to launch their own sports betting software or application. But, many are still in doubt regarding the scope of online sports betting in the upcoming days. Will my sports betting application get the same response? Will people remain enthusiastic about sports betting in the future? Many such questions are bombarding their mind. If you are one such individual, this article will be of great help to you. In this article, we will help you understand the scope of sports betting so that you can make a wise decision. 

Current Sports Betting Market Scenario 

• The current value of the global online sports betting market is around $46 billion.
•  Around 70 billion dollars are spent on legal sports betting globally.
• Currently, Sports betting accounts for more than 40% of global gambling revenue.
• As per the legal sports report, the sports betting industry is now legalized and regulated and in 13 states of the US.
• The APAC part is responsible for 47% of global sports betting.
• Over 50% of US inhabitants admitted placing wagers at a sporting event at least once in their life.

All these revenue figures and stats prove sports betting to be a promising and lucrative industry. There will be immense opportunities for businesses in the upcoming years. 

List of Sports Popular for Betting 

It is important to know which sports are most popular in the betting arena. Not all sports are legalized for betting and not all receive the same benefits and popularity. Here is the list of sports you can consider for sports betting software development in 2021. 

• NFL Football 
• Basketball
• Baseball
• Soccer 
• Hokey
• Golf 

MoreoperBowl, MLB World Series, NBA Playoffs, and WWE Wrestlemania have grown significantly in recent years.

What’s in The Future? 

As per the research report of Technavio, the sports betting market is expected to grow by $144.44 billion between 2020 and 2024. 

This means in 2021 and upcoming years, many new and existing operators will get an immense response to their sports betting platform and attain success. Seeing the recent and future legalizations in the sports betting market there will be plenty of opportunities for new operators across the world. 

The latest technology trends such as Blockchain, Cryptocurrency, AR/VR, and more will have a positive impact on the online sports betting industry and will lead to its exceptional growth in upcoming years. Also, many pro leagues are in support of online sports betting and are looking for opportunities to make the most out of it. As per the statistics, the online sports betting market is expected to grow at a CAGR of 8.77%.

What’s the Scope of Sports Betting App Development? 

Mobile sports betting acts as an extra source of revenue for the sportsbooks and provides the next level of convenience to the bettors. Also, many states will decide to permit mobile wagering. Therefore, mobile sports betting is expected to witness a tremendous demand in 2021-22. Thus, if you are looking to make a sports betting app with a unique idea, you are on the right track. As the number of mobile users keeps on increasing exponentially, you can expect a massive response to your application. 

On a Final Note! 

Observing all the above information, we can say there is a tremendous scope of sports betting now and in upcoming years. However, the key to succeeding in this competitive market is to come up with a powerful software or application. A reliable sports betting software development company can help you build an innovative sports betting application that can bring you enormous success. 

Slots are one of the popular casino games being played worldwide. They are easy to understand and play but are highly amusing. Maybe this is the reason people love slot games. However, the technology advancement has given us many more reasons to play slot games. People can now enjoy playing slots anywhere, anytime while getting the real-time game feel. Due to this added convenience, fun, and budget-friendliness, people are more attracted to online slot games than slot machines. And seeing this huge traction, many businesses and casino game app development companies are focusing on catching up with digital slot game ideas. 

However, to start a successful online slot game business, one needs to be abreast of the technologies and trends in this area. Here we have listed five of the top trends that can help you get a competitive edge with your online slot game platform. 

•  Arcade Games

Our favorite classic slot games seem to be transforming into arcade games. In traditional slot games, there were only 3 to 5 reels. Also, players had to group those reels to get the winning combination. But, the modern casino game app development technology is giving a new facet to this game making it look somewhat like arcade games. The slot symbols and the number of slot reels are getting changed. Moreover, modern slot games offer various levels and achievement badges, which makes them more engaging and exciting. Sticking to these changes can help get maximum user engagement for your slot game. 

• Slot Tournaments

Slot tournaments are immensely popular amongst players because of the distinct and enhanced gaming experience they get. In upcoming years, the live slot tournaments will continue to drive player's attention. In these tournaments, players compete with each other within a certain timeframe with some casino credits. The player with higher accumulated earnings wins the prize. 

• Mobile Slot Games 

Mobile slot game apps are in great demand as playing games on smartphones or mobile devices seems much easier and comfortable for the players. They rarely prefer sitting in front of the desktop for hours. Therefore, many businesses consider app development as an ideal approach for executing their slot game idea. Slot game casino app development solutions aim at enabling players to enjoy slot games from the comfort of their home or anyplace, anytime. 

• AR and VR

AR and VR technologies are entering almost every industry and iGaming is no exception. AR and VR will empower online slot games to be more engaging and entertaining by offering innovative gaming experiences to the players. Integration of these amazing technologies in slot games can lead to enormous business benefits and improved user engagement. 

• More Engaging Loyalty Programs 

Offering players with interesting rewards and bonuses is one of the major trends in the slot game market. Such reward programs encourage players to be more inclined towards your slot game. To make this strategy more impactful, slot game developers are now crafting more engaging and interactive bonus programs that are in line with the specific preferences of the potential players. 

On a Final Note! 

Though online slot game development seems easy, it might be difficult to survive on your platform in the highly competitive gaming market. Staying abreast of such emerging trends can help outperform the competition and get the right traction to your platform. It is wise to reach out to a reliable casino game development company that can help you understand the latest slot trends and help you build an innovative slot game software or application. 

Fantasy sport is one of the fastest-growing markets in the gaming industry. Millions of people are a fan of fantasy sports because of the unmatched level of entertainment involved in it. And these fans are always willing to try out new fantasy sports platforms that have something unique and improved to offer them. Thus, if you are having a unique or impactful thought in mind for a fantasy sports app, executing it will be a lucrative decision. Your investment in fantasy sports app development will be worthwhile as you can attract a massive audience and good ROI. 

However, this can be true only if your app is worth the user's time and attention. Meaning that you need to build feature-rich, bug-free, and high-performing applications that can allure users and keep them hooked. Here, we have created a quick guide that will help understand various aspects of the development and build an app successfully. 

Do a Through Research 

The first step towards building a fantasy sports app is researching the market thoroughly. You must analyze the competitors, current trends, target audience, and other aspects and prepare a plan accordingly. This research will get you many competitive advantages and be successful with your app. 

Decide the Features 

Features play a crucial role in the success of your fantasy sports app. The more engaging features your app has, the better traction it will get. Here is the list of some essential features you must cover in your fantasy sports app:

User App 

• Registration
• User Profile Setting
• Scoreboard 
• Rewards
• Team Management 
• Create and Join Contests
• Live Streaming
• Referral Bonus 
• Achievement Badges

Admin App 

Admin Login

Game Management 

User Management

Transaction Management 

Detailed Admin Dashboard  

Real-time Analytics 

Additional Features 

• Location tracking 
• Push notification
• Live scores
• Social media sharing
• Real-time analytics
• Multiple payment options
• User mail reminder
• Cryptocurrency support

Design 

Once you have created a plan and decided on the features and functionality, it is time to get to the designing part. Design is one of the crucial aspects of improving user engagement. You need to pay close attention to the user interface and gameplay design. The interface design should be user-friendly yet attractive and should offer an easy, secure, smooth onboarding experience. Also, do not use complex design components, too many font types, and too many texts. With a well-designed, easy, and intuitive app design, you can attract a better number of users and encourage them to keep coming back. 

Development 

To build a scalable, robust fantasy sports app, you need to use the right technologies and tools. Here are a few technologies used by the most popular fantasy sports applications. 

Programming Languages: Flutter, Java, PHP, React Native, C, Kotlin, Swift

Database: MySQL, MongoDB, Cassandra, PostgreSQL, MailChimp Integrations, or HBase

Front-end Framework: CSS, JavaScript, Bootstrap, HTML5, jQuery, AngularJS

Payment Gateways: Stripe, PayPal, Braintree, e-Wallets, Net Banking

Push Notification: Apple push notifications, Twilio

Cost to Build a Fantasy Sports App 

The development cost for a fantasy sports application depends on several factors such as features, the complexity of UI/X design, API integration, platform (iOS/Android), hourly rates of the fantasy sports app development company/developers, and more. Your individual choices and requirements related to all such factors will affect the total development cost. For instance, building a cross-platform app may cost you more than a native app. However, it can help you attract more audiences. Also, developers/companies from different countries have different hourly rates. For example, developers in Asian countries may charge $15-$20 per hour. 

However, the total estimated cost to build a fantasy sports app may go around $30000 - $45000.

On a Final Note! 

From the features to functionality and technologies, you must have a profound understanding of every aspect to develop a powerful fantasy sports application. If you don’t have the same, it is wise to reach out to the experts in this area. Ensure to choose a reliable company, having proven experience in the fantasy sports area. 

The global online fantasy sports market is expected to grow from $20.4 billion in 2020 to $86.3 billion by 2025. 

This shows the growing popularity of fantasy sports worldwide. There are millions of people who love playing fantasy sports and are keen to embrace new games. Thus, your decision to build a fantasy sports application is worthwhile. You can draw millions of users to your app and get enormous success with it. However, before starting working on your idea, you must have a profound understanding of fantasy sports app development. 

You need to study the overall aspects essential for building a powerful fantasy sports app. The first thing you need to know is the development cost and accordingly, plan your budget. Especially if you are working on a unique idea, you must plan the budget precisely. In this, we will help you understand the cost estimation of a fantasy sports app so that you can spend wisely and make the most out of your investment. 

There are plenty of aspects influencing the development cost for a fantasy app. The first thing is the features you want to offer with your app. Let’s see some crucial features that you must consider when planning the budget for your app. 

Key Features of Fantasy Sports App 

User Panel 

• Sign up or Registration

User registration is essential in order to ensure better security and confidentiality. But the sign-up process should be easy and quick. Allow users to sign-up with their social media account and get started quickly. 

• Leaderboards

With a live leaderboard, users can check players' information, performance, score, and other match details. 

• Join Contest

Allow players to join existing contests. 

• Social Media Integration 

Let users invite their friends and family on social media platforms to join the contest and play along with it. Players can also share their victory, game updates, and more with their social media account. 

• Achievement Badges

Offer certain rewards to the users on their game achievements. This will help increase user engagement and build a loyal user base. 

• Easy App Onboarding 

When building a fantasy sports app, you must emphasize easy app onboarding. There should not be complicated forms or navigation that may confuse users and make them leave the app. You can also add a navigation guide to simplify the user's journey. 

• Intuitive yet Attractive UI 

The user interface of your fantasy sports app should be user-friendly, yet highly attractive so that it can retain maximum users.  

•  Live Chat

The live chat feature allows players to communicate with opponents or friends during the gameplay. This feature adds the next level of fun to your app and keeps users engaged for a long time. 

Admin Panel 

• Admin Login

Admin needs to login to access the app data. 

• Manage Results 

Admin can track and manage the results of all matches to ensure fair gameplay. 

• Bonus Cash Management

Allow admin to manage all bonus points allocated to the players.

• Manage Game Category

If your app covers multiple games, the admin should be able to manage them all seamlessly. 

• Notifications Management

Admin can send push notifications to the users to inform them about the latest game updates. 

• Transaction Management

Allow admin to track transactions made by users and manage all the payment details. 

Creating a fantasy sports app with basic features may cost you around $12000-

$14000 while an app with advanced features may cost you more. 

Now, let’s see other crucial aspects affecting the cost. 

Hiring Professionals 

It requires good technical expertise and enough experience to build a high-performing fantasy app. Thus, hiring professional developers is an intelligent decision. You can either hire freelance fantasy sports app developers or reach out to an agency. Freelancers may cost you less. However, to get the highest-quality app development service, you must choose a trusted company.   

Location of the Developers 

Developers or agencies in different countries will have different charges for fantasy sports platform development. While developers in Asian countries may charge $15-$20 per hour, developers in Western Countries will charge around $30-$40 per hour. 

App Platform

Your choice of app platform will also affect the development cost. For instance, creating a fantasy app for Android may cost you less than an iOS app. Also, if you wish to build a hybrid app, be ready to pay a little extra. 

Design Complexity

The cost will also increase If you want to add high-definition graphics or use advanced design components. However, with a quality UI design, you can offer an enhanced user experience. 

Advanced Technology Integration

Advanced technologies like Artificial Intelligence, Blockchain, Internet of Things, Augmented Reality, and Virtual Reality can add up to the development cost. However, this helps you take the user experience to the next level and attract more users. 

Overall, the cost will vary depending on your specific choices and requirements about design, features, platform, and other aspects. Still, the estimated cost to develop a fantasy sports app will be between $20000 - $24000, for a single sport. If you want multiple sports, be ready to pay an additional $8000 - $10000. 

In Conclusion

The development cost may seem extravagant. However, when chosen the right fantasy sports app development company or developers, you can get excellent outcomes on your investment. 

We have been playing a range of sports for centuries and have some glorious memories of most of them. Yes, memories. Playing on the ground has become a memory for many individuals who used to be sports enthusiasts, once upon a time. The reason? Of course, technology advancement! Like other industries, technology had revolutionized the gaming and sports arena, offering novel ways of playing. eSports is one of the great examples of this revolution.

Due to the fast-paced and exciting gaming experience, people are more inclined towards playing and watching video games. Considering this increasing popularity and demand, many sports brands are embracing the eSports app development technology to introduce their own apps and software. 

Let’s learn more about this revolution in the gaming market. Before that, let’s get some background knowledge about eSports.  

What is eSports? 

Esports is a type of sports contesting through video games. Unlike traditional games, the eSports platform includes more organized and multiplayer video game contests, especially between amateur or professional gamers, individually or as leagues. Players compete against one another to win the cash prize. Put simply, eSports is a competitive video gaming where you require professionalism and exceptional gaming skills. Some eSports games are played on PCs, tablets, and Smartphones, while some are played on consoles like PS4, Xbox One, and others. 

In eSports, there are coaches, managers, and analysts assigned to professional leagues to help them plan strategies and make the most out of the players. Not just playing, but the audience can also enjoy watching their favorite eSports leagues compete. This is because eSports tournaments are broadcasted on online platforms and television.  

Why Do People Love Esports? 

The eSports market is attracting more and more audiences as time goes on. Whether it is playing themselves or watching others compete, people thoroughly enjoy eSports in either way. But what makes eSports worthy of so much love and popularity? 

eSports offer many amazing perks such as ease of access, global connectivity, unmatched gaming experiences, and more, which is the reason for its growing popularity. 

You just need to have a PC or console device to get started. Also, there are many eSports apps allowing gamers to play using their Smartphone anywhere, anytime. They can access everything from the comfort of their home and start the game within a few clicks. Moreover, players can connect with people across the world and create a community of gamers. 

How eSports is Changing the Gaming Market 

• In 2019, the global eSports market was valued at 1.1 billion U.S dollars and is anticipated to grow at a CAGR of 24.4% from 2020 to 2027.

• In 2020, the total eSports audience worldwide was around 495.0 million people, which is expected to reach 646 million viewers in 2023. 

These magnificent numbers prove the enormous popularity of eSports. As people are more inclined towards eSports, the gaming market is experiencing a drastic change in terms of revenue and audience. Also, different eSports ideas are shaping the future of the gaming industry, such as

• First-person shooter (FPS) games
• Multiplayer online battle arena (MOBA) games
• Real-time strategy (RTS) games
• Sports and racing video games
• Fighting games
• Turn-based strategy eSports
• Card game battles
• eSports tournament platform 

Likewise, modern technologies and trends have a major share in empowering eSports for the massive transformation. For instance, many brands are introducing AR/VR-powered games that can entice more players and boost the user engagement rate. 

Popular eSports Game Apps Dominating the Gaming Market

Here are the top ten eSports apps that have transformed the conventional pattern of gaming and are dominating the market: 

1. League of Legends (115 Million active players) 
2. Counter-Strike: Global Offensive (24 million monthly active players)
3. Dota 2 (11.19 million monthly active users)
4. Fortnite (350 million players across the world)
5. Overwatch (10 million monthly active players)
6. Call of Duty (111 million monthly active users)
7. Rainbow Six Siege (55 million players)
8. Hearthstone (23.5 million players)
9. Strafe (users across 150 countries)
10. Twitch (15 million daily active users)

Features of eSports Platform

You must be curious to know the attributes of the popular eSports apps and platforms that empower them to be in the vogue and on the top of players’ expectations. 

• Real-time News Feed
• Live Chat Rooms
• Appealing yet User-friendly UI
• High-quality Graphics 
• Statistics and Analytics
• Push Notifications
• Leaderboards 
• Calendar and Scheduling  
• Multilingual Support
• Social Media Sharing 
• Referral Program
• Onboarding  
  

Investing in eSports App Development 

If you look at the eSports market and its global traction, you will find every reason to invest in the same. The increasing number of audiences, massive investments, and growing infrastructure, all together are taking the eSports market to new heights. This emerges plenty of excellent opportunities for entrepreneurs and existing sports businesses. By developing a powerful and unique eSports app or software, you can achieve great outcomes for your sports business. You can consider investing in any of the popular ideas like eSports tournament platform or come up with a unique one. 

Whichever idea you choose, ensure to reach out to the experts to help you bring it into reality. Look for a reliable company or dedicated developers who specialize in building eSports apps.

Final Thoughts!

The eSports market is known to be a subset of the gaming or sports industry. However, the current scenario shows that eSports itself expanded into a comprehensive industry. Now, it will be more exciting to see how eSports culture develops in the future and what more opportunities we can embrace. 

From healthcare, lifestyle, food, grocery, real estate, to entertainment, the custom app development technology is empowering every industry sector. The increasing number of Smartphone users is one of the reasons behind this great transformation. Almost every business is offering a mobile app to the customers to allow them to access the services/products conveniently with their Smartphones. This also helps businesses to increase their customer base and grow exponentially. If you are also having a great app idea or want to build a custom mobile app for your business, this is a favorable time to make it possible. 

However, to build a successful app you must have an in-depth understanding of the app development arena. Also, you must know the total cost you need to spend on developing the app and plan your budget accordingly. This article will help you get acquainted with all such key aspects. 

Why Custom App Development?

A custom development approach helps you build a mobile app that is in line with your customer and business requirements. Thus, if you are looking to build an app from scratch for your specific business needs, custom mobile app development is the best choice. Below are some more benefits of building a custom application. 

• Scalability

The custom mobile app is designed to handle an increasing volume of data and operations. It can efficiently manage growing customers and their needs as your business grows. 

• Efficiency

As custom apps are built considering specific business and customer requirements, they are more efficient.  

• User Experience

User experience is a crucial aspect of the mobile application. Custom-built apps offer an unmatched user experience as they meet and exceed user demands. 

• Compatibility

Custom mobile app development process ensures your app works smoothly on different platforms and browsers and offers an exceptional experience. 

Building a custom app brings you so many other business benefits, thus making your investment worthwhile. Now you know that custom mobile app development is the right choice for you, let's see how much it may cost you. 

Cost to Build a Custom Mobile App 

The cost of developing a custom mobile app depends on several factors. Let’s see some key factors affecting the app development cost. 

• Hiring the Professionals

To build a high-functional and robust app, you require hiring expert developers, designers, and other professionals. Here you have two options that are hiring freelancers or a reliable custom mobile app development company. Hiring different freelance professionals may cost you more than hiring a company. By choosing a professional mobile app development firm, you get a complete team of professionals who will manage the overall aspects of your app project. 

• Location 

The second factor affecting the development cost is the location of the developers or company you want to work with. Different countries have different hourly rates for app development projects. For instance, in Western Europe, senior app developers may charge around $65-$80, while in North America the rate can be $75-$105. 

• App Purpose and Functionality 

The complexity of your app idea and its functionality can vary the cost drastically. A complex app may require more time compared to an app with basic functionality. More development time means more cost. 

• Features 

The cost will vary depending on what and how many features you want in your app. An app with core features like an email subscription, login/sign-up, simple design elements, etc. will cost you less compared to a complex with advanced features like video-streaming, offline mode, data encryption, etc.

• Platform

Decide whether you want to build an app for iOS, Android, or Windows. Your choice of platform will vary the cost significantly. Moreover, the cost will vary if you want to build a hybrid app. 

• Third-party Integrations  

Your app may require third-party integration to get external data essential for seamless operation. For instance, you may need to integrate your business ERP system with the app. The development cost will increase according to the type and complexity of integration. 

• Design Complexity 

As UI design is a crucial aspect of app development, it has a big contribution to the overall budget. The app design needs to be highly engaging and intuitive, which may require you to use high-quality graphics, visual objects, and best design components. 

Taken as a whole, your specific choices and requirements about all the above aspects will influence the cost. Thus, it is quite difficult to estimate the exact cost. Still, the rough cost estimate for a basic app is around $10,000 -$12,000. For an advanced version of the app, you may require spending around $50,000 to $60,000. Also, for a native platform, you may require spending around $15,000 to $250,000. 

Final Thoughts! 

As an app development project involves a lot of aspects and steps, the investment is going to be huge. However, you must not compromise quality over the cost. Ensure to choose the best features, design, functionality, and custom mobile app development services to build a high-quality app. 

It’s no secret that the online gaming industry is booming at an incredible pace. Especially if we talk about the “lockdown year”, what we call 2020, has proved online games to be one of the greatest means of entertainment. More than ever, people started playing various online games while enjoying online gambling benefits. 

A worldwide online gambling industry is forecasted to rise at a CAGR of 11.94%, during 2020 - 2025. 

Seeing this market scenario, we can say that the iGaming and gaming market has endless opportunities in 2021 and beyond, for entrepreneurs and businesses worldwide.

If you want to get into the gaming industry, an online casino is one of the exciting opportunities you can consider for immense success. With the existing, massive audience count, you can ensure substantial growth with your online casino. 

However, like other industries, there is no shortcut to success in the online gambling industry. You have to follow a thorough, step-by-step online casino business plan to establish a successful online casino in 2021 and make the most out of it. But how can you do that with little or no knowledge of an online casino? 

In this guide, we aim to assist business enthusiasts like you to start an online casino with a proper sequential procedure.  

List of topics we are going to cover in this guide:

• What is an Online Casino?
• How Online Casino Business Make Money?
• How to Start an Online Casino Business? 

1. Research
2. Plan 
3. Licencing and Legal Issues 
4. Choose a Casino Software Provider
5. Create a Casino Website
6. Launch
7. Marketing and Promotion 

How Much Will it Cost to Start an Online Casino? 

What is an Online Casino? 

If you are a complete newbie to the casino and gaming, you might want to start with the basic information. The online casino, also known as Internet or Virtual casino is an online, prolific form of brick and mortar casino. The game allows players to play and place bets on casino games through the Internet. Unlike land-based casinos, online casinos offer a bit higher percentages of odds and payback. 

Online casinos are mainly divided into two categories, depending on the type of platform they use: Download-only and web-based casinos. Download-only casinos require users to download the software to play and place bets on games. Whereas, web-based or no-download casinos are websites where players can play games without downloading the casino software on their PC. 

Traditional online casinos used to have only one of the two software options. But with the 

technological advancement, an online casino can now include both platforms. 

How Does An Online Casino Make Money? 

A general myth is that online casinos make money when players lose money or by scamming people. However, this is not the case. Online casinos use smart strategies to earn money, which is of course, all businesses do.

The most popular strategies include offering free cash to entice new players and keep them hooked for a long time. Also, online casinos make a good profit through commissions and house-edge. Overall, an online casino makes a considerable amount of money, which is enough to keep running your business for years, successfully.  

How to Start an Online Casino?

Now that you have a basic idea about the online casino business and its profit, let’s help you understand how to kick-start your own.

1. Market Research 

Thorough market research is the most important and first step towards starting any business. It can build a sturdy foundation for your online casino business and prepare you for the potential weaknesses and threats that may arise as the business grows.

In the market research stage, you have to identify your target audiences and their geographical locations. Also, analyze the latest online casino trends, including the popular casino games, latest features, and requirements of your target users. This market research will give you a competitive edge and help you thrive in the new environment. 

 2. Planning

After identifying your target audience, market scenarios, iGaming trends, and competitors, your next move should be to prepare a proper business plan. Having a detailed online casino plan in place will streamline your further processes and help you make quick decisions. When preparing a business plan, you need to consider the below aspects:

• Type of casino software you will use 

Decide if you want to use only casino software or sportsbook or also want to integrate a casino management software. As you are starting from scratch, it is better to go with basic casino software. Once your business is in the growing stage, you can consider integrating advanced features or management software.  

• Budget

When planning a budget, consider overall aspects including license, software development, website development, launch, and marketing. Try to plan a budget for the entire business year so that you can understand the flow of profit and loss easily. Note that, you have to spend more in the beginning, to build a loyal user base and provide them with an exceptional gaming experience. 

• Gaming content you will be offering 

Based on your entire market and competitor research, decide what type of gambling content you want to offer to your target audience. Whether you want to include only popular games like poker, slots, blackjack, and bingo or other mediocre games as well. Players will judge your casino business based on the gaming content you offer, so choose it wisely. To attract maximum customers, it is advisable to include diversified gaming content. 

3. Legal Issues and Licensing 

Compared to other ventures, online casinos require you to comply with several regulatory requirements and face a few challenges. The biggest challenge is to get an online gambling license. The difficulty, budget, and time of obtaining a license may vary depending on your country or location of operation. Choose the jurisdiction wisely by considering its reputation, the price of the license, and the license duration.

You can either consider offshore countries or the European Union countries to get the license. Or you can also consider one of the popular gaming jurisdictions like Alderney, Malta, Curacao, Gibraltar, and the Isle of Man. 

Once you decide the jurisdiction, the next step is registering a legal entity that is a gaming company, following opening a bank account, and signing a contract with payment system providers. This entire process ensures the completion of entire legal and financial infrastructure. 

If you find this process hectic or time-consuming, you can consider the alternative way that is buying a white label online casino software. This means you lease software from one of the online casino software providers, along with the license and financial infrastructure. You can then run the online casino under your business name. Though this is the quickest and easiest way to launch your online casino, you may have to pay an additional amount.  

No matter which licensing option you choose, think from the overall perspectives such as budget, and your software requirement. 

4.Choosing a Casino Software Provider

Once you think you have completed or can meet all the legalities, your next step is to search for one of the best casino game app development.

Getting the best-quality software is quite essential to start and operate an online casino business successfully. Thus, make sure you partner with a reliable software provider or software development company. Below we have mentioned the qualities of a reliable provider that you need to consider during your search:

• Proven industry experience
• In-depth understanding of the iGaming industry
• A talented team of developers and designers 
• Feature-rich and advanced solutions 
• Seamless customer support 
• Client-centric approach 

Besides the casino software provider, pay attention to the software they are providing. You have three options when looking for casino software:

• White Label Online Casino Software

You can lease a ready-to-use software along with the gambling license from the provider. 

• Turnkey Casino Solution 

You get a ready-use software, but need to operate it under your own license. 

• Custom Casino Software Development 

If you have a gambling license and have unique requirements for an online casino, consider a custom software development service. A reliable casino software development company will help you build bespoke software based on your specifications. 

No matter which option you choose, ensure to check the quality, features, price, and functionality before you make a final payment. Below we have listed some essential features that quality software should offer. 

Key Feature of the Quality Casino Software

• Attractive and intuitive design 
• A set of popular games
• Robust security 
• Multiple payment options
• Multi-currency support
• Multi-language Support 
• Bonus and promotions 
• In-built customer support 
• Secure payment gateways 
• Game management system 
• Anti-fraud system 
• Advanced risk management
• Admin Dashboard
  

The software package offering all the above features and functionalities may seem costly. However, investing in such an option is worthy as it will give you a competitive edge and help you reap enormous benefits. You will get excellent returns for your overall investment. Choosing a cheaper option might lead to increased expenses in the future, despite getting fewer outcomes. 

5. Create An Online Casino Website

Apart from a quality software, a responsive website is essential to establish an online casino business. A well-designed and SEO-friendly website helps you attract and retain customers and build a powerful presence for your online casino.

Make sure you develop a high-quality website that highlights visual information of landing pages and increases your brand value considerably. Right from the navigation usability, UI/UX, to front-end integration with the database, pay close attention to every detail. If you have an existing website, but couldn’t attract enough users, consider redesigning it with the help of expert casino website designers.

6. Launch 

Now, you are all set to announce the launch of your online casino business. Like other previous steps, you need to be careful and put a lot of effort into launching your online casino. Identify or choose the most favorable time to launch the online casino to get maximum attention. 

7. Run a Digital Marketing and Promotion Campaign 

As said earlier, the iGaming industry is prospering at a great pace and eventually increasing the competition. Therefore, having feature-rich and well-designed software is not enough to beat the competition and grow your business. You need to set-up and execute powerful digital marketing strategies to promote your online casino, attract new customers, and retain the existing players. Below are the most effective marketing campaigns and strategies you must consider for a successful online casino business: 

• Pre-launch Advertisement  

It is important to announce the launch of your online casino through different social media platforms and advertisement means. This will create curiosity and excitement amongst potential users and help you get a good number of users right after the launch. 

• Search Engine Optimization 

After your launch your online casino you must look for experienced SEO professionals to help you with search engine rankings and increasing the traffic. Effective on-page and off-page SEO tactics can enhance the presence of your online casino on search engines and help attract relevant traffic to it. You can also consider paid ads, banners, and content marketing to promote your casino. 

• Rewards and Loyalty Programs 

The best way to attract new users and keep them hooked with your online casino is to offer them some existing loyalty programs. For instance, you can offer to sign up bonuses to the players right after they join your casino. You can offer deposit bonuses when players decide to deposit a certain amount. Many sportsbooks also offer free money regardless of any deposit by users. Such bonus programs keep users coming back to your casino, which eventually increases your revenue.

To be on the top of your marketing and promotion game, it is advisable to reach out to a renowned digital marketing agency, or SEO agency. 

How Much Will it Cost to Start an Online Casino? 

The cost of launching an online casino completely depends on your requirements and choices. For example, the white label software may cost you higher than the custom development, which makes a big difference in the overall cost. Also, the total cost will depend on different factors including website design, software development, pre-launch expenses, digital marketing campaigns, and so on. Though we can’t tell you the exact cost, here we have mentioned a step-by-step estimation of the total cost you need to spend on your online casino venture.

Final Thoughts! 

Every successful venture, be it online casino or offline, requires you to have thorough market knowledge and follow a detailed business process. From the website design to casino app development, launching, marketing, and promotions, you need to be careful and make wise decisions at every stage. Thus, it is wise to look for expert assistance. We at Betfoc, assist entrepreneurs and startups like you to establish a successful online casino by providing cutting-edge solutions and service Reach out to our professionals and start working on your online casino dream. 

Online Rummy is one of the fastest-growing gaming markets getting immense traction across the world. The gameplay convenience, exciting rewards, and other features make online rummy a popular choice amongst players. Due to the massive user base and popularity, many entrepreneurs consider rummy game app development a lucrative business idea. Some have already launched their rummy game app and some are on their way. 

However, their biggest concern is how to turn this app idea into a profitable business.

If you happen to be one of these individuals, this blog will be of great help. Here we have listed the five most effective tips that can help you transform your online rummy app into a lucrative venture. 

• In-app Purchases 

In-app purchase is one of the popular strategies to make money from free apps. By integrating in-app purchase features, you can allow users to purchase additional points, power-ups, or unlock the next game levels. Most users tend to be ready to spend money on virtual items to win the game and reach the next level. Thus, you can earn good revenue with this strategy. You can offer several paid virtual items that can help boost players' games. The in-app purchase also helps increase fun and excitement in the game.  

• Rewards and Referral Points

Monetary benefits and reward points motivate players to play more and to be your loyal users. You can offer a free initial bonus to the new users and also some loyalty points to the existing users. This will help you retain and attract more users and grow your business. 

• Advertisements

In-app advertisement is a proven way to make a good amount of money with game apps like rummy. You just need to display advertisements in your poker app or choose affiliate marketing and receive payment from the third-party ad networks. There are different types of ads you can choose to display in your app, such as banner ads, interstitial ads, native ads 

and video ads. 

• Real Players  

Allowing users to invite their friends to play along makes the rummy game even more exciting and engaging. Users enjoy playing with actual players rather than bots. Thus, ensure to add multiplayer mode to your app and let users play with actual players. This will help you earn a considerable amount of money and also grow your user base. 

• Design Interactive Interface 

Game design is an essential component of rummy game software development. It will be a key factor in deciding your app's success. The game design should be interactive and attractive enough so that it can draw user’s interest in a first use only. You need to use high-definition graphics to create a real-time UI that keeps players hooked. When designing the game interface, pay close attention to every detail as any design glitch may affect the user experience. With a high-quality, engaging UI design, you can boost the gaming experience, and improve the retention rate. 

Final Thoughts! 

If you wish to make the most of your investment in the Rummy app development, keep implementing effective strategies like above. With effective tips like the above, you can increase your user base and start making a hefty profit with your app. 

Launched in 2016, Ludo King has become one of the most popular game apps with around 500 million downloads as of December 2020. It has around 32 million daily active users. Due to the immense popularity and massive user base, the makers of Ludo King app have earned revenue of around $20 million in 2020. 

It's amazing how a conventional board game turned into a giant digital success. Of course, major credit goes to advanced technology. Seeing the massive success of this board game, many businesses, entrepreneurs, and business enthusiasts wish to invest in ludo game app development and introduce their app like Ludo. Are you one of them?

But where to start from? What’s the process? And most importantly, how much will it cost to build an engrossing application like a Ludo game? All such questions must be bombarding your mind. This post will solve most of your doubts and help you get to developing the next successful Ludo app. 

How to Build a Game App like Ludo? 

Like other apps, developing a Ludo game app requires you to follow a thorough process and pay attention to every detail. Below are the steps you need to consider. 

1. Understanding The Basics 

Before starting any venture or working on an idea, you must know all the basics and have background knowledge. Likewise, to build a Ludo-like app, you must know how it is played and other basic aspects. Here is how the ludo game works: 

Prerequisites 

Essential aspects to cover in the Ludo game app:

Ludo Board 

A square board with cross-shaped game space. Each side of the cross has three square-shaped columns (six per column). The center columns have five colored squares representing each player's home column.

Tokens 

Each player has four game pieces (token) of unique colors. 

Dice 

A dice decides the movement of a player's token.

Players 

When playing online, Ludo can have single or up to four human players. 

Game Play 

Each player selects one of the four colors for tokens and positions them in the respective square or circle. Each player throws the dice and moves the token according to the number. If the player gets number 6 on the dice, he/she can get all pieces out. The goal of players is to move across the board and reach their respective house column in the center. To win the game, a player must have all four pieces in their house.

1. Research 

Before starting developing an app like Ludo, you must study the game market thoroughly. In this research, you need to identify current gaming trends, target audience, and users’ interests and expectations. This will help you add a unique perspective to the Ludo app and provide users with an enhanced game experience. 

1. Design and Development 

When designing and developing the Ludo game app, you must cover all the essential features and different modes, as mentioned below: 

Key Features of Ludo App 

User App Features 

Online/Offline Access

Along with an online game, you must offer offline access to the players for uninterrupted gameplay. Players should be able to access every function of the app without internet connectivity. This feature helps improve the user retention rate and offers a seamless gaming experience. 

Daily Bounces & Free Coins

A bonus program is the best way to motivate users to use your app regularly. Offer daily bonuses, free coins or reward points to the players to keep and enhance their interest in your app. 

Private Chat Room 

Let users communicate in real-time with other players or friends through a private chat room feature. This will add next-level fun to the Ludo game and boost user engagement. 

Real Money Game 

Allow players to use real money during the gameplay. This will make the game more engaging and interactive and help you attract more players. However, the deposit and withdrawal of cash should be quick and easy. 

Invite Friends

Let players recommend the app to their friends and family on social media and receive a referral bonus. This will help increase your user base and improve brand visibility. Also, allow players to invite friends to join their private game. 

User-friendly and Intuitive UI

The Ludo game is quite easy to understand and play. Don’t make it look difficult by designing a completed interface. The UI design should be user-friendly and attractive enough to keep users engaged. 

Admin App Features 

User Management 

Admin can track and manage users’ activities and profiles effortlessly. 

Smart Notifications

Send push notifications about the game status to the users to entice them to come back and play. 

Dashboard 

Add a detailed dashboard showing statistics and analytics about the game. 

Referral Management 

Admin can easily track and manage all the referrals by users and reward points through this feature. 

Payment and Wallet Management 

This feature lets the admin monitor and manage all the transitions and payment details of users. 

Game Setting 

Admin can access different game settings like a sound option, two-factor-authentication, notifications, game tutorials, and more to improve the game experience on the app. 

Modes of Ludo Game App 

There are different game modes you must cover in the Ludo game app for more interesting gameplay and better user engagement. 

• Computer Mode 

A user doesn't need someone to play along with. He/she can play with the computer or use the computer model to improve game skills.

• Local Mode 

With this mode, users can play with their family and friends on the same device. The local mode adds more fun and thrill to the game. 

• Multiplayer Private Mode

Users can play with friends and family members on social media by creating their own virtual team. 

• Multiplayer Worldwide Mode

With this mode, users can play with other players across the world that are online. You can allow users to play with around 2 to 6 players.

Now you know all the basics of the Ludo game app and have an idea where to start from. It is time to reach out to a reliable Ludo game app development company to assist you with the technical part. Choose the company that has proven expertise in building game apps like Ludo. Also, check reviews, testimonials, quality of service, turnaround time, and other crucial aspects.  

Ludo Game App Development Cost

The cost to build an app like Ludo depends on your specific requirements and on a range of factors, such as:

• Platform 

Your choice of platform can affect the overall development cost. Developing a native app for iOS, Android, or Windows platforms may be an expensive option compared to cross-platform development. 

• Hiring Professionals 

To build a high-performing Ludo application you require hiring different professionals such as designers, developers, QA, and more, which may add up to your expenses. Hiring a ludo game development company is a more cost-effective option, as you will get a team of professionals along with quality service. The cost may vary from company to company depending on the quality of service and experience. 

• Advanced Features and Functionality

Adding advanced features and functionality increases the worth of your app and helps attract more users. This may also affect the overall development cost. 

• Ludo Game Design  

Design plays a crucial role in the success of your Ludo game app. You need to invest enough time and money to design a highly engaging game and app UI. You may require adding high-quality graphics and using the latest 3D techniques. This may also increase the cost. 

Overall, the cost will vary according to your specific choices and requirements. Thus, it may be difficult to mention the exact figure. Still, you must be prepared to spend between $7000 to $20000 to get a feature-rich, scalable, and robust Ludo app. 

In Conclusion 

Building a game app like Ludo is a big investment requiring you to spend enough time and money on every aspect. To make your investment worthwhile, you need to make intelligent decisions; be it hiring Ludo app developers or choosing the features and functionality.