Do you mind competitors before starting your betting business?

B

Btaliat

Guest
There are some things to consider before starting a betting shop. There is need to consider the localization of industry. This talks more on where the company should be situated.

In my area, there are many betting shops of different brands that are situated on the same street. I do wonder if this is not affect their sale. Some people claim that this concentration will bring competition among them and they will be thriving to be better.

Is it always profitable to be locating our betting shop where there are many other betting shops there already?
 
Although I'm not planning to start any betting business and if i will start one i will never make the mistake of competing with anybody, competition is not a good idea at all, that's my own little advice for all gambler
 
There are some things to consider before starting a betting shop. There is need to consider the localization of industry. This talks more on where the company should be situated.

In my area, there are many betting shops of different brands that are situated on the same street. I do wonder if this is not affect their sale. Some people claim that this concentration will bring competition among them and they will be thriving to be better.

Is it always profitable to be locating our betting shop where there are many other betting shops there already?
Competition is definitely a factor to consider when establishing a casino, but I doubt that its effect will be so prevalent on your casino possibly because this kind of business cannot be monopolized
 
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