To sign up for our daily email newsletter, CLICK HERE
Many times we are faced with the doubt of plunging into a new online casino because it seems generous in its promotions, or a classic one that has years of good reputation.
Some players will tell you that the bonuses are perhaps the most attractive, but the most professional ones know how to look at other aspects. One of these aspects is the solvency of the operator itself.
We have analyzed this issue to know what influence the solvency of an online casino has and what it can tell you in the long term. If you want to find out more about the so-called “wypłacalne kasyna internetowe”, then pay attention.
Money Talks More than the Account in Casinos
Opening an online casino is a tremendous risk, even if it hides behind a very famous iGaming group. After all, it is not like a recurring physical store, but it is a virtual platform that can fall into oblivion.
Then there are also the so-called “whales” of the industry, who can appear and make incalculable profits.
For an online casino to be able to defend itself from these possible threats, it needs to demonstrate an important solvency. Solvency is easily explained:
Solvency: Defined as the casino’s ability to meet its obligations to pay – no matter when it has to make that payment. An online casino is solvent when it can maintain for a longer period of time sufficient resources to meet its costs.
An online casino that dares to jump into today’s iGaming market without solvency may find its days numbered. And that is exactly one of the reasons why casinos with a long history work so well.
Why Do We Talk about Solvency in Online Casinos?
Just like any other industry out there, online casinos are also made up of specialist companies that dedicate everything they have towards their platform.
Actually, opening a new online casino has tremendous costs. Among the most basic costs are the following:
- Acquiring a casino license, which can cost up to €50,000.
- Getting a group of developers or a specialist company to create the platform.
- Hiring industry specialists and employees to bring the casino to life.
- Employ the necessary security measures to be eligible in the country concerned.
All this leads to the fact that the active and passive money of the company is fragile. A casino with years of experience does not have this problem, or has already gone through it.
These casinos have a tremendous active player base, which makes the accounts and the solvency of the online casino itself flourish.
What to Choose? Generosity or Reliability?
Many times we can feel the seductive power of a newly launched casino, which seeks to attract players with incredibly generous promotions. Risk-free online casinos with lots of players do not have to offer thousands of euros or PLN in prizes.
What happens is that when such a generous new casino does not have the necessary backing, we can lose everything. Experienced casinos laugh at that, because a problem like solvency will never reach them.
Therefore, the decision will always be in your hands. But pay attention to the respected players in the industry, as they will know best how important a casino’s solvency is.
Luckily, you have hundreds of sites to choose from, as the iGaming market is stronger than ever.
