Is it possible for casinos to make losses?

[Sike_lottery]

I have always think of casinos making profit all the time but what about casinos that are unable to cope and they fold up in the end . Such casinos could be likened to one that is not making profit . It is really possible for casinos to make loses too and it is not in all cases that they make profit . It is all about profit and losses but I still think that most of them are in gain.

 

[Hardexy1]

Yeah, it is very possible for casino website to make losses, this used to happen when there are alots of customer that won bet on their platform, they will need to pay all the customer accordingly thats how they make their own loss but they will surely recover back the money in some days or week

 

[Julio88]

I have always think of casinos making profit all the time but what about casinos that are unable to cope and they fold up in the end . Such casinos could be likened to one that is not making profit . It is really possible for casinos to make loses too and it is not in all cases that they make profit . It is all about profit and losses but I still think that most of them are in gain.

I definitely think that casinos can make losses and even go bankrupt sometimes, especially if they are not getting enough customers to play their games. In other cases, individuals can devise a strategy which repeatedly works for a certain game

 

[swift]

Many casinos actually makes huge amount of losses too ,and not all that is always in profit ,it's actually really possible for them to make loss too , you should be more watchful about the casino platform you invest more

 

[Julio88]

Many casinos actually makes huge amount of losses too ,and not all that is always in profit ,it's actually really possible for them to make loss too , you should be more watchful about the casino platform you invest more

You are bang on. Some casinos are in dire financial straits, with profits coming at a premium because of the high percentage of winners playing the casino games, and because of the inadequacy of customers

 

[swift]

You are bang on. Some casinos are in dire financial straits, with profits coming at a premium because of the high percentage of winners playing the casino games, and because of the inadequacy of customers

The ones that don't have a good financial management might run at loss , probably any amount they gain ,they would spend it on unuuseful project and I think this would affect them no doubt tho , that's it's good for them to have a good financial management