Best online casino sites in Armenia: a guide on how to create the same
The gambling business is one of the most lucrative in the online games industry. Websites in Armenia attract players, offering excitement and thrill from possible risks and grand rewards. If you are searching for ways to build an online casino at low costs and generate a stable profit, then this article is for you.
We’ll learn about the best practices for launching gambling platforms in Yerevan and will define how much money and time you may need to run a thriving website.
Best of the best: examples of successful casinos in Armenia
Analyzing rivals’ products is one of the necessary steps all casino owners should take before releasing their own gambling sites. Explore how other operators attract clients and keep them playing, find inspirations in platform designs, and discover bottlenecks you can avoid in your services.
This casino was launched in 2003 by Radon B.V. and still continues its booming activity. The platform has a Curacao license and allows its clients to enjoy the diversity of slot machines, live games, and sports betting. It’s a multilingual website available in Armenian, English, Russian, Georgian, French and Arabic. The main advantages of Vbet casino are a splendid set of bonuses, a wide diversity of currencies, and trustworthy software developers like NetEnt, Red Tiger, Blueprint Gaming, etc.
Online Casino Myempire.com
It is one of the best Armenian casinos online in 2023, which supports cryptocurrency players, offers VIP club privileges, and provides daily jackpots. Rabidi N.V. operates Myempire under Antillephone N.V. Curacao license, ensuring high-quality service and quick withdrawals. Excellent website design, simple navigation, and video trailers of new arrivals are the things to inherit in your own gambling platform.
Online Casino Optibet LV
Real money and social casinos are on the rise in popularity in Armenia. Optibet operator stands for responsible gambling with its self-exclude feature and comprehensive customer support. The brand works with over 36 game developers, including top-rated Play’n’Go, Novomatic, ELK studios, and iSoftBet. The website conveniently categorizes casino games, live dealer tables, esports, and betting on popular world competitions.
Owned by Pomadorro N.V., Casino X remains one of the best online casinos in Armenia, compatible with iOS and Android devices. The site is accessible in Hindi, Korean, Japanese and English.
Regardless of 12 years of history, the platform keeps up with the times, offering innovative digital games from Thunderkick, Quickspin, and Evolution. The casino allows financial operations in Bitcoins, Euro, Yen, Hryvnia, Australian and Canadian dollars. It’s one of the top-rated websites that could gain popularity due to its vast game assortment and social media integrations.
Cabaret Club Casino
This digital platform ensures top-notch entertainment, fair play, and seamless banking. Byton Limited, the casino owner, has held a Malta Gaming license since 2009 and regularly audits games at eCogra. Visitors can enjoy over 500 entertainment, including Armenian online poker, blackjack, live roulette, and baccarat. Still, players can’t test them in a demo and examine the page before registration. These limitations may disappoint many customers. So, if you don’t want to lose potential clients, make your website accessible even for unregistered users.
Now that you’ve learned what types of social casinos are popular in Armenia, it’s time to explore how much it will cost to build your own gambling platform suitable for mobile devices and PCs.
Casino Game Development Cost
Online casino prices differ depending on the location of the outsourcing software company and the complexity of your future iGaming platform games. Other key factors impacting the required investments are design, built-in features, and additional integrations.
An average price for every stage of the game production process is listed in the table below.
|$1000 - $3000
|Development and Testing
|$10000 - $1 million +
As you may have noticed, the design stage is durable. Still, it’s not the most expensive one (compared to marketing). But it plays a crucial role in the overall customer impression of the entertainment. Your casino game should follow the latest trends, be fresh and highly qualitative. A well-thought-out animation and suitable soundtracks are also vital factors to consider if you want the casino game to attract thousands of players.
Approximately casino game designers earn $15 - $50 per working hour, depending on the mechanics and detail depth.
Instead of developing a new casino site in Armenia from scratch, business owners often use ready-made solutions, like white-label products, which are less time-consuming and costly. Nowadays, device compatibility is a must-have for any online game. So, sometimes, the iFrame HTML tag is worth considering to make your entertainment accessible. This technology doesn’t require much investment but may be the main reason for your traffic growth.
Another way to reduce time and spending is using the Unity engine , which can provide you with a customizable, ready-to-use environment. A monthly subscription for this framework costs somewhat $1800.
Every casino game should have basic functionality that allows customers to register accounts, make payments, save history, and receive timely support. Let’s get familiar with the average prices of the frequently used online game features:
- Profile registration and management costs around $3000. This function will allow clients to sign up and edit their casino accounts, confirming personal information via telephone number, e-mail, or a social media page.
- Payment gateways. Depending on the number of integrated methods, casino owners will spend $5000 - $15000 for this crucial option. The more deposit and withdrawal systems you add, including Paypal, Mastercard, and Skrill, the broader customer base you’ll cover.
- Customer support. The first thing experienced gamblers check while choosing a reliable casino is its live chats, where they can ask questions of interest and receive a quick response. This feature will cost around $5000.
- Safety. Make your gambling sites trustworthy with SSL encryption and user validation. The average price for this option reaches $10000.
- Social media integrations. Create a perfect customer experience by allowing your users to share personal gambling results on their Facebook or Instagram profiles. The function may cost around $50000.
Bonuses. To keep your regular players engaged and reach new ones, your casino should offer various promotions, like welcome bonuses with cash and free spins. Depending on the amount of features you want to add, the price for their implementation will start from $10000.
How long does it take to develop a casino?
It depends on several factors, including the type and complexity of your platform and experts’ skills. It may take only several weeks to implement a white-label or turnkey gambling website. However, it can require months to build a new casino from scratch.
Regardless of your choice, the process of creating a casino includes several stages. All start with the market research. You should analyze your target audience's preferences and behavior, learn industry statistics and the latest tendencies to identify business opportunities, and mitigate possible risks.
The next step is to compile a clear strategy and outline your short and long-term goals. Take into account regulatory considerations as real money gambling is under the tight control of authorities. Apply for a license in the chosen jurisdiction and define which taxes and fees you should pay to run a fair online casino.
Once you understand all the described factors, it’s time to start the social casino development in Armenia. To create a functional website from scratch, which requires time and money. The entire exercise may take anywhere from 3 to 6 months, depending on the qualification of the specialists in creating, implementing, and testing the system.
Instead, you can contact a white-label provider, like Multi-Programming Solutions , and launch a fully operative casino in a much shorter period. A ready-made solution comes loaded with various games, payment gateways, and multi-platform support. Moreover, such online casino software is time-tested and error-free, which means your brand will provide an excellent customer experience and trigger profit growth.
Another crucial advantage of a white-label product is that you receive expert guidance through all the legal and compliance requirements, which minimizes delays in launching the platform. Software providers can also allow you to operate a casino under their own license. This way, you can run a business without worrying about regulatory aspects.
Online casino development: is it worth it?
The gambling business in Armenia can be very profitable if operators work legally, have a trustworthy expert team, game content providers, and payment systems. Entrepreneurs can reach a broad audience of players worldwide, popularizing an online casino brand. This kind of activity doesn’t require many employees compared to running a brick-and-mortar establishment. So, in most cases, you don’t even need to rent an office. You may hire specialists for project development and implementation on demand or outsource the task to a third-party software provider and then just pay for support and maintenance every month.
One of the most significant advantages of the legal casino in Armenia is that it can bring high profits. To get the best outcomes, operators should learn about the leading key performance indicators (KPIs), like gross and net gaming revenues (GGR and NGR), focus on marketing, and increase the level of customers’ engagement.
Here are a few more aspects to prove the worthiness of online casinos:
- Legal occupation. Business owners can buy licenses, pay taxes, and work without any problems with laws.
- Official partnerships. Gambling platforms work in cooperation with certified game providers, affiliate companies, and other reliable services, receiving high-quality software and integrated systems.
- International recognition. While casino owners can operate from their homes on one side of the world, players from foreign countries can join gambling websites, bringing the profit to the next level.
- Limitless choice of entertaining content. You can continuously increase the range of games, adding new slots from various online casino software providers in Armenia, live roulette broadcasting, and blackjack tables.
- Secure operational area. You can encrypt all the financial data with SSL protection, provide customer validation, and save your business from hackers and cyberattacks.
- Wide advertising possibilities. Reach your potential clients through multiple promotional channels, including social media, connected TV, paid ads, and e-mail messages.
Indeed, creating the best casino in Armenia requires a lot of effort and initial capital. However, effective business planning, trustworthy partnerships, and wise marketing campaigns help to get their ROI faster and generate revenue.
We’ve analyzed five gambling websites with top ratings in Yerevan and ensured that developing a lucrative casino business is more than possible. Entrepreneurs just need intense preparation and an understanding of initial costs. All starts with market analysis and the latest trends research. Then, you should solve all the issues with authorities to run the site legally. The next stage is to create a concept, define the assortment of games, and find a reliable software development company.
A dedicated expert team will guide you through all the stages of gambling business creation and offer a time-tested white-label solution to help you start within several weeks. You’ll receive a fully functional platform with basic features like profile management, customer support, payment system integrations, and bonus programs. Use the weak sides of your rivals and build a website with unique propositions that will make your brand stand out. Offer loyalty programs, sports betting, and cryptocurrency payments to cater to a wider target audience. Promote your product among new markets, and you’ll get a fast return on investments.