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Here goes the next podcast episode about the iGaming industry, where Yevhen Krazhan, CBDO at GR8 Tech, shares expert insights on launching a casino or sportsbook business. This time, we tackle key topics, including: 🔸 How does the process of launching an iGaming project unfold, and how long does it typically take? 🔸 The essential platform elements needed to start operations. 🔸 Real money gambling: What’s the ideal cost for a successful launch? 🔸 The pros and cons of building your own iGaming software. 🔸 Common industry misconceptions and the "sand castles" that can crumble in seconds. If you have any questions for Yevhen, feel free to leave a comment! 🔔 SUBSCRIBE TO THE PODCAST #podcast #igaming #sportsbook #GR8Tech #operating #Igamingmarket 📲 Follow Yevhen on LinkedIn: / yevgen-krazhan • Follow GR8 Tech: / posts • Explore more of GR8 Tech: gr8.tech Timecodes: 00:00 - 00:19 Introduction 00:19 - 03:14 Scope of launching an iGaming platform and the platform provider's role. Implementation timeframes and soft launch process. 03:14 - 04:59 Overcoming challenges for operators during project implementation. Basic team structure required to run operations. 04:59 - 06:59 Platform provider responsibilities before launch. Two common cooperation models between providers and operators. 06:59 - 07:52 Investment appeal of starting an iGaming business. 07:52 - 10:59 Technical setup explained: adjusting design elements, functionality for player interaction, and timelines. 10:59 - 13:10 Measuring the registration-to-deposit metric. Key factors for sourcing quality traffic. 13:10 - 16:19 Payment methods and systems: benefits of payment gateways, crypto top-ups, and supporting local currencies. 16:19 - 19:00 BI tools and analytics. AI-powered recommendation engines. Custom requests from operators. 19:00 - 23:42 Navigating regulatory requirements and licensing. Risk management, anti-fraud strategies, and responsible gaming mechanisms. 23:42 - 27:19 Financial insights: starting capital requirements, financial projections, and the mindset for high-risk investments. 27:19 - 31:31 Costs of building a flexible and innovative iGaming platform. When to consider an in-house operating system. 31:31 - 35:24 Pitfalls of overpromising setups in iGaming. Comparing sportsbook and casino builds. 35:24 - 36:24 Ensuring no downtime with AWS and effective incident management. Achieving ultra-fast load times and winning latency competitions.