start up

[betbucks]

can any one you compare the differences pro and con of starting an online book in CR versus the Kanawakhe reserve in Canada?

how much capital is approximately required to open a sportsbook in CR? notwithstanding cash in the bank for payouts, etc. after start up.

thanks for any help, and I wish you all lots of money this playoffs.

 

[Manginho]

can any one you compare the differences pro and con of starting an online book in cr versus the kanawakhe reserve in canada?

the weather!!!

 

[Betallsports]

the weather!!!

:nohead:

 

[AdamSelene]

AFAIK there aren't any books in Kanawakhe, it's just a license jurisdiction of convenience, for operations located elsewhere.

It's like registering your ship in Mongolia (which is landlocked).
http://www.globalpolicy.org/nations/flags/2004/0702landlocked.htm

Flags of Convenience:
http://en.wikipedia.org/wiki/Flag_of_convenience

 

[wolfie_cr]

at some point the geniouses of betus had a % of the operation there (actual people working), don't know if they still do this (this was at least 4 years ago or so)

 

[betbucks]

ok...

not sure where sportsinteraction keeps staff, office, servers, etc... but I know they are licensed in Kanniwakhe... and thought they worked out of there as well.

how much does it cost to license in CR?... and what burning hoops do you have to jump through to do so?

flag of convinience or not any advice for registering in Canada?

thanks

 

[geno25]

whats the startup cost anywhere you want to open ballpark?

 

[wolfie_cr]

(I should charge for all this advice :lolBIG

no licensee fee in CR at the moment (and I doubt the current goverment will set up any such scheme)

don't know the charge in Kawnawhatever

advantage of getting a license there? legitimacy ? that's pretty much the only one I can see

getting a license in Europe is a total different thing as there are tangible benefits but you are not going to be in that market anyway

keep in mind that the set up cost is negligible when compared to the marketing costs (which is where you will end up burning up all the $$$$)

 

[Gregg]

You can never be too sure with these type of posts, but if you are genuine & looking to start up a Sportsbook I may be able to help. I have 16 years experience in the industry, mostly US Sports but I also have high level experience of the European Market as well.
I recently started up a Sportsbook in the UK for a group of Asian Investors, but my main background is in trading - I was Trading Controller of a major US Sportsbook for 3 years, and I am now Trading Director for the largest bookmaker in Italy.
I would be happy to help you either on a Consultancy basis, or maybe come on board permanently. Also, I have very good Contacts in a relatively new Market that I am very excited about, I don't want to give too many details here - but it is potentially enormous.
If you would like to discuss further, reply to this & I will give you my Contact details & my Resume if required. I can give full references as well from some of the best in the Industry, in both Europe and the US.
I look forward to hearing from you.