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I genuinely doubt that an insurance company would go ahead and insure a gambling establishment, mainly because there are no fixed returns on gambling in general and the collateral that would be used could be shaky in terms of longevityDo you actually think there are any things that I actually need to place or put in consideration to insure my betting company , like what are those things that I should place in consideration to insure the company and what modalities , do you actually think I might likely follow , in making such thing happen , I would really love to hear your opinion on that
You are right on this right from my secondary school economics I was educated that insurance companies don't insure anything gambling. So they will not insure any betting or gambling company for whatever reasons so gambling companies should know this.Insurance companies doesn't insure betting. Betting is too risky and that's why most insurance companies do not always insure any betting company. The chance that betting will may make a loss is too much.
Insurance companies cannot even use the betting company as a collateral in any deal because the bedrock of the company is risky, and the establishment could become defunct easily. They prefer to insure more stable assetsYou are right on this right from my secondary school economics I was educated that insurance companies don't insure anything gambling. So they will not insure any betting or gambling company for whatever reasons so gambling companies should know this.