Starting a crypto casino is easier than it was five years ago, but harder than most people think. The barriers to entry have dropped—you don’t need millions in capital anymore. But the competition is brutal, and most new casinos fail within their first year.
Here’s the actual process, from concept to launch.
Step 1: Get Your License (Or Decide Not To)
Timeline: 2-6 months | Cost: $15,000-$150,000
You have three options:
Option A: Get a Real License
The legitimate route. Curacao is the most common starting point for crypto casinos—costs around $15,000-$30,000 for the license plus annual fees. Processing takes 2-4 months.
Malta Gaming Authority is the gold standard but costs $100,000+ and requires established business history. Processing takes 6-12 months.
What you need:
- Registered company in an acceptable jurisdiction
- Business plan and financial projections
- Anti-money laundering (AML) procedures documented
- Responsible gambling policies
- Technical infrastructure details
- Proof of funds
Option B: Sublicense Under Someone Else
Some companies with existing licenses will let you operate under their license for a fee (usually percentage of revenue plus upfront payment). You get market access faster and cheaper, but they control aspects of your operation.
Option C: No License (High Risk)
Some crypto casinos operate without licenses. This works until it doesn’t. You’ll get shut down eventually, banks won’t work with you, and you risk legal action. Only viable if you’re targeting jurisdictions with unclear crypto gambling laws and accepting that risk.
Recommendation: Get a Curacao license minimum. It’s cheap enough to be worth the legitimacy, and many payment processors require it.
Step 2: Choose Your Platform Setup
Timeline: 1-2 weeks to decide | Cost: Varies wildly
You have two paths: white label or build custom.
White Label Platform
Buy a turnkey casino platform from a provider. They give you the software, games, payment integration, admin backend—everything.
Major providers:
- SoftSwiss (most popular for crypto casinos)
- EveryMatrix
- SoftGamings
- Slotegrator
Costs: $20,000-$50,000 setup fee + monthly fee ($5,000-$15,000) + revenue share (5-15%)
What you get:
- 5,000+ games from multiple providers integrated
- Crypto payment processing built-in
- Admin panel for managing players, bonuses, etc.
- KYC/AML tools
- Affiliate system
- Customer support tools
The catch: You’re not differentiated. Your casino looks and functions like dozens of others using the same platform. You’re competing on marketing and bonuses, not product.
Custom Development
Hire developers to build everything from scratch.
Costs: $150,000-$500,000+ depending on features
Timeline: 6-12 months minimum
Only makes sense if:
- You have significant capital
- You’re building something genuinely different (new game mechanics, unique features)
- You have technical expertise in-house
For bootstrapping, white label is the only realistic option. Custom development costs too much and takes too long.
Step 3: Integrate Game Providers
Timeline: 2-4 weeks | Cost: Depends on agreement
If you went white label, major game providers are already integrated. But you still need contracts with them.
Major slot providers:
- Pragmatic Play
- NetEnt
- Microgaming
- Evolution Gaming (live dealer)
- Playtech
How it works: Most providers require minimum monthly guarantees or revenue shares. Negotiations vary based on your expected volume.
Startup approach: Start with 3-5 major providers. Don’t try to have every game on day one. Focus on popular titles that drive the most play.
Reality check: Some top providers won’t work with brand new casinos. You might need to build a player base with second-tier providers first, then approach the premium providers once you have traction.
Step 4: Set Up Crypto Payment Infrastructure
Timeline: 1-2 weeks | Cost: Varies
This is where crypto casinos have an advantage. Traditional casinos deal with banks, payment processors, chargebacks. You’re dealing with blockchain transactions.
What you need:
Hot Wallet System
For instant deposits and withdrawals. This wallet holds operational funds.
Security requirements:
- Multi-signature wallets (require multiple approvals for large transactions)
- Daily withdrawal limits
- Automatic transfer of excess funds to cold storage
Cold Storage
For holding the majority of casino funds offline. Hardware wallets or air-gapped computers.
Payment Gateway Integration
Services like NOWPayments, CoinPayments, or BTCPay Server handle the technical side of accepting multiple cryptocurrencies.
Supported cryptocurrencies to start:
- Bitcoin (required)
- Ethereum (required)
- Litecoin
- USDT/USDC (stablecoins are increasingly popular)
- Maybe: Solana, Dogecoin, Bitcoin Cash
More coins = more complexity. Start with 4-5 major ones.
Conversion strategy: Do you hold player deposits in crypto (volatile) or instantly convert to stablecoins/fiat (stable)? Most casinos convert immediately to manage risk.
Step 5: Build the Website and User Experience
Timeline: 3-6 weeks | Cost: $10,000-$30,000 if custom, included if white label
If you went white label, you get a template site. You’ll customize colors, logos, layout—but the core structure is set.
Critical pages:
- Homepage with featured games
- Game lobby (filterable by provider, type, popularity)
- Account registration/login
- Deposit/withdrawal interface
- Promotions page
- Provably fair verification (if applicable)
- Terms and conditions
- Responsible gambling resources
Mobile optimization is non-negotiable. 60%+ of play happens on mobile. If your site doesn’t work flawlessly on phones, you’re dead.
Design considerations:
| Element | Why It Matters |
| Fast load times | Players abandon if games take >3 seconds to load |
| Clear balance display | Players need to always see their balance |
| One-click game launch | Friction kills engagement |
| Simple deposit flow | Every extra click costs you conversions |
| Search and filters | With 1,000+ games, navigation is critical |
Step 6: Implement KYC/AML (Even for Crypto)
Timeline: 1-2 weeks | Cost: $500-$2,000/month for verification service
Most crypto casinos advertise “no KYC,” but that’s misleading. You don’t require it upfront, but you need it for:
- Withdrawals above a certain threshold ($2,000-$5,000 is common)
- Suspicious activity
- Regulatory compliance
KYC service providers:
- Sumsub
- Onfido
- Jumio
These services verify IDs, check addresses, screen against sanction lists, and flag high-risk users.
Your policy needs to define:
- When KYC is triggered (withdrawal amount, suspicious patterns, etc.)
- What documents are required
- How long verification takes
- What happens if a player refuses
The balance: Too strict and you lose the crypto-native audience. Too loose and you risk regulatory problems and become a haven for money laundering.
Step 7: Set Up Customer Support
Timeline: 2-3 weeks | Cost: $3,000-$8,000/month
Players will have problems. Withdrawals stuck, games glitching, bonuses not crediting—you need support ready at launch.
Minimum viable support:
- Live chat (24/7 or at minimum 16 hours/day)
- Email support
- FAQ section
Staffing options:
Hire In-House
Expensive but gives you control. Figure $2,500-$4,000/month per support agent.
Outsource to Support Agency
Many white label providers offer this. $3,000-$8,000/month for 24/7 coverage with 2-3 agents online at any time.
Hybrid
Start outsourced, bring critical functions in-house once revenue justifies it.
Languages: English is required. Adding Spanish, Portuguese, or German opens up huge markets but doubles support costs.
Step 8: Create Your Bonus and Loyalty Structure
Timeline: 1 week | Cost: The bonuses themselves
Bonuses are how you acquire and retain players. They’re also how you lose money if structured wrong.
Welcome bonus standard: 100%-200% match on first deposit up to some limit, plus free spins.
Example: “Deposit $100, get $200 bonus + 100 free spins”
The math you need to work out:
If you offer 100% match bonus with 40x wagering requirements on slots with average 96% RTP:
- Player deposits $100, gets $100 bonus
- Must wager $4,000 (40x $100)
- Expected player loss: $4,000 × 4% = $160
- Casino cost of bonus: $100
- Expected casino profit: $60
This assumes player completes wagering. Most don’t—they lose the deposit and bonus before hitting the requirement.
Other bonus types:
- Reload bonuses (ongoing deposit matches)
- Cashback (% of losses returned)
- Rakeback (% of house edge returned)
- VIP program (tiered rewards for high-volume players)
Common mistake: Making bonuses too generous. New casinos often offer 300% match bonuses trying to compete. Then they realize they’re paying $300 to acquire a player who deposits $100 and leaves. The math doesn’t work.
Step 9: Set Up Affiliate Program
Timeline: 1-2 weeks | Cost: % of revenue
Affiliates will drive most of your early traffic. These are people who run gambling review sites, YouTube channels, Twitch streams, etc. They send players to you and earn commission.
Commission structures:
| Model | How It Works | Typical Rate |
| Revenue Share | Affiliate gets % of net revenue from referred players forever | 25-50% |
| CPA (Cost Per Acquisition) | One-time payment per depositing player | $50-$200 |
| Hybrid | Small CPA + ongoing revenue share | $25 + 20% revshare |
What you need:
- Affiliate tracking software (most white labels include this)
- Marketing materials (banners, landing pages, promotional content)
- Affiliate manager to recruit and support affiliates
- Clear terms and payment schedule
Reality: The top affiliates won’t work with unknown casinos. You’ll start with small affiliates, prove your brand pays players and pays affiliates on time, then gradually attract bigger partners.
Before you even launch, study what established operators are doing. Looking at how existing casinos structure their offerings, what withdrawal methods they prioritize, and which game providers they feature—resources like the online casino comparisons on casinowhizz.com show you what the baseline expectations are in the market. You’re not trying to copy them, but you need to know what players already consider standard before you can differentiate.
Step 10: Marketing and Launch
Timeline: Ongoing | Cost: $10,000-$50,000/month minimum
You’ve built the casino. Now you need players.
Pre-launch (2-4 weeks before):
- Create social media accounts (Twitter, Telegram especially important for crypto)
- Reach out to affiliates
- Set up email marketing platform
- Create promotional content (banners, videos, copy)
- Consider airdrop or launch giveaway to build initial buzz
Launch strategy:
Organic (Slow but Sustainable)
- SEO optimization for long-tail keywords
- Content marketing (blog posts, guides)
- Community building (Discord, Telegram)
- Slow affiliate growth
Paid (Fast but Expensive)
- Crypto-focused ad networks (Coinzilla, Bitmedia)
- Google Ads (restricted for gambling, requires workarounds)
- Influencer sponsorships (Twitch, YouTube)
- Signature campaigns on BitcoinTalk
Budget reality: You need at least $10,000/month for marketing to gain any traction. Ideally $25,000-$50,000. Less than that and you’re invisible.
The chicken and egg problem: Players want active casinos with lots of games and bonuses. But you can’t afford competitive bonuses until you have players generating revenue. And you can’t get players without competitive bonuses.
Solution: Accept you’ll lose money for 3-6 months while building initial player base. Budget accordingly.
Step 11: Operations and Scaling
Timeline: Ongoing | Cost: Increases with scale
You launched. Now you need to keep it running.
Daily operations:
- Monitor deposits/withdrawals for fraud
- Process KYC requests
- Handle customer support escalations
- Review affiliate activity
- Monitor game performance (which games are played, which are profitable)
- Manage liquidity (ensure hot wallet has enough funds)
Monthly:
- Pay game providers
- Pay affiliates
- Reconcile finances
- Analyze player acquisition costs vs. lifetime value
- Adjust bonuses based on what’s working
Quarterly:
- Review and negotiate provider contracts
- Evaluate marketing channels (kill what’s not working)
- Update game selection
- Consider expanding to new cryptocurrencies or markets
The Real Numbers: What Does This Cost?
Here’s a realistic budget for bootstrapping a crypto casino:
Initial Setup (Months 1-3)
| Item | Cost |
| License (Curacao) | $25,000 |
| White label setup | $30,000 |
| Website customization | $15,000 |
| Legal and company formation | $10,000 |
| Payment integration | $5,000 |
| Initial marketing | $20,000 |
| Total | $105,000 |
Monthly Operating Costs (Months 4-12)
| Item | Cost |
| White label platform fee | $10,000 |
| Game provider fees | $15,000 |
| Customer support | $5,000 |
| Payment processing | $2,000 |
| Marketing | $30,000 |
| Staff (small team) | $15,000 |
| Bonuses and promotions | $20,000 |
| Total | $97,000/month |
First year total: ~$980,000
Can you bootstrap cheaper? Yes. Some people launch with $50,000-$100,000 by cutting corners—cheaper white label, minimal marketing, doing support themselves. But your chances of success drop significantly.
What Makes a Crypto Casino Actually Succeed?
Most fail. Here’s what separates winners from losers:
Instant withdrawals. This is the killer feature for crypto casinos. If you process withdrawals in under 10 minutes, you’re competitive. Under 2 minutes? You’re exceptional. Players will tolerate mediocre bonuses if they know they can cash out instantly.
Provably fair games. Especially if you’re offering in-house games. Blockchain verification builds trust.
Community. Crypto gamblers are community-oriented. Active Discord/Telegram with engaged admins creates loyalty.
Responsible gambling tools. Sounds counterintuitive, but offering deposit limits, self-exclusion, and loss limits builds trust. Players know they’re not being exploited.
Transparency. Publish your RTP data. Show hot/cold wallets. Be open about how the business works. Crypto users value this.
Don’t be shady. Pay winners. Don’t void wins on technicalities. Don’t selectively enforce terms. Word spreads fast in crypto communities.
Is This Worth It?
Honest answer: Probably not as a bootstrap venture.
The market is saturated. Established casinos have massive marketing budgets, better liquidity, stronger brand recognition. You’re fighting uphill.
It might make sense if:
- You have unique distribution (existing audience, partnerships, etc.)
- You’re building something genuinely different (new game mechanics, novel approach)
- You have deep pockets and can sustain losses for 12+ months
- You have relevant experience (online marketing, gambling industry, crypto)
It probably doesn’t make sense if:
- You’re doing it because you heard crypto casinos make money
- You have limited capital and expect profitability in 6 months
- You have no gambling industry experience
- You’re solo without a team
The casinos making serious money launched 5+ years ago and survived the competition. New entrants in 2024 face much harder conditions.
But if you’re committed, have the capital, and build something players actually want? It’s possible. Just know you’re playing a game where most players lose.