What is a white-label model in poker? 183k3a
White label is a business model in which one company produces goods or services, and another sells them under its own brand.
At the same time, the company provides its client with a ready-made gaming environment. A novice entrepreneur does not need to think through the business – the strategy of his product, the technical part, the marketing campaign, and the legal aspects related to product licensing. The supplier will solve all the issues and take responsibility for a large number of business processes for himself.
Advantages of the white-label model 2i5j2v
- Small budget. If you have a limited budget, then this model is created for you. Operators do not need to spend money on backend development and marketing campaigns.
- Fast start. Entrepreneurs don’t need to spend time developing and promoting the product. As soon as the network provider sets up the room, the operator can invite players.
- Sublicense. For operators, it’s unnecessary to obtain a gambling license. The White Label grants them a sub-license.
- Large range of services. In addition to a license, software and a marketing company, vendors frequently offer integration of payment systems, and ongoing technical for both young businesses and their players.
- High liquidity. The network ensures that s of the poker room will have an opportunity to play with someone. This fact increases engagement and keeps players coming back to the game.
Disadvantages of the model 1o1m1t
- Reputational risks. If an operator buys a product from a supplier that has a bad reputation in the gambling community, he might be negatively perceived as a poker room.
- Lack of complete autonomy. All technical aspects, and the final appearance of the product are completely determined by the manufacturer – therefore, you are unlikely to be able to make significant changes to the product, or upgrade it.
- Lack of financial guarantees. Despite the fact that the supplier provides an operator with a practically finished product, no one can guarantee a stable profit.
- Commission. The supplier, offering you a turnkey solution, will take a fixed percentage of commission on sales. Its size is determined by the contract concluded between the client and the supplier.
I want to create a poker room. Does the white-label model suit my needs? l2l45
Yes, if you:
- Have relatively little experience in the iGaming industry.
- Don’t know where to find potential players.
- Have a limited budget.