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What Most Casino Startups Fail— GammaStack Joins with Max Kerry to Set the Record Straight

Launching an online casino isn’t the easy shortcut many founders hope for. In a candid, eye-opening interview, GammaStack’s Senior Sales Manager Danila Dzekhs with Max Kerry, founder of License Gentlemen and a top iGaming licensing expert, sheds light on why most online casino startups crash within their first six months—and how to actually build a sustainable, profitable platform in 2025.
With over a decade of combined expertise in iGaming software development and global licensing, Danila and Max cut through the noise and myths swirling around online casino launches. The interview, which has already captivated over 12,000 viewers since its May 1 release, dives into critical industry realities that no one else will tell you:
- The €10,000 Casino Myth: Why launching a serious online casino on a shoestring budget is a recipe for disaster.
- White Label vs Turnkey vs Source Code: The brutal tradeoffs between ownership, control, and profitability.
- Licensing Secrets: How to pick the right jurisdiction to avoid costly mistakes and delays.
- Common Pitfalls: The 3 critical mistakes new operators keep making—and how to dodge them.
- Partnership Power: Why long-term relationships with tech and content providers make or break your business.
“We’re seeing far too many casino startups fall into the trap of quick-launch white label platforms and unrealistic expectations,” said Danila Dzekhs.
“This discussion with Max is our way of helping founders look beyond shortcuts and understand what truly drives sustainable success in iGaming.”
Key Insights from the Interview:
- Why most white label casinos collapse within 6 months
- The real cost of launching a competitive online casino (hint: €10K is not enough)
- Source code vs turnkey vs white label — the ownership and profit tradeoffs
- How to choose the right gaming platform and licensing jurisdiction
- 3 critical mistakes every new operator must avoid
- The importance of building long-term relationships with tech and content providers
This 45 minutes video is a must-watch for anyone planning to enter or scale in the fiercely competitive iGaming space. It strips back the gloss to reveal the practical, often overlooked realities of building a sustainable iGaming business. Whether you’re in the early planning stages or reassessing your current platform, this conversation provides clarity and actionable direction.
🎥 Watch the Full Interview:
“What Most iGaming Startups Get Wrong – With Max Kerry & GammaStack”
Watch here →
About GammaStack
GammaStack is a global iGaming software provider with 14+ years of industry expertise, offering scalable, customizable, and fully compliant platforms for sports betting software, online casino game development service, sweepstakes software, fantasy sports, slot game software and more. With source code ownership, 24/7 support, and rapid go-to-market solutions, GammaStack empowers operators to take full control of their business.
Source: GammaStack
Get more details at https://www.gammastack.com/
Media Contact:
Sunny Hooda
Email: [email protected]
Phone number: +1 302 231 1373
Visit: https://www.gammastack.com/
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