Live Dealer Casino summary What is Live Dealer Live Dealer is the most cutting edge betting vertical in today’s online gaming market. It’s showed continuous growth in market share over a 10 year period and it is considered to be the major contributing factor in the 15% decline in UK Land-based casino revenue over the last 5 years. Studio providers are not casinos in their own right but are service providers, that stream a hosted web service for online casino clients (Ladbrokes, William Hills etc). The tech to do this has only been available for around 10 years, so it's not yet a saturated market. There are probably around 15 companies running studios around the world. These are half casino / half TV studio, in essence the pinnacle of high …show more content…
There is about £15 billion in stakes played per month around the world, delivering an average profit of 4% of all stakes. This equates as £600,000,000 in gross winning for operators across the world, monthly. The Live Dealer Studio keeps gets on average a 15% of revenue share of the gross winnings. This would mean before operating budget is taken into account, that the current studios operating round the world are being paid around £90 million by operators for supplying the service per month. Every online casino uses a Live Dealer game. It’s became the driving force in online casino growth over the last few …show more content…
The code must be the most cutting edge HTML5 available to facilitate excellent mobile delivery, which of course this has. To get a suitable platform built from the beginning would cost in the region of £2,000,000. The code we have was developed by a team of seven top coders in Costa Rica. The code has been fully tested and signed off within a full live studio environment. Full ownership now lies with the architect and product owner. The CTO and me, who own the intellectual property rights. All rights and ownership would be signed off to a new company entity upon commencement of the project. A full breakdown of budgets is attached with regard to demonstrating the product. Likewise the full set-up and running budgets from installation to live studio operations, covering items such as hardware costs, bandwidth, content distribution and staffing costs can be provided. If starting from scratch this entire project would cost between £2-3 million, but due to the fact that the code has already been written and been fully tested, the cost to install, operate and run a live dealer studio for year 1 can be done with a budget of £500,000, after which time the studio will be