This is a guest contribution by David McDowell, CEO of FSB Tech. If you would like to submit a contribution please contact Bill Beatty for submission details. Thank you.
A lot has been written recently about how and why online gambling start-ups fail. The premise being that the gaming industry is somehow more difficult to crack than any other established, regulated and competitive industry. This I disagree with.
The bottom line is most start-ups fail, the accepted rule of thumb is 85% of start-ups will fail in the first two years. But to stay specific to the gaming industry I would suggest a few reasons as to why start-ups fail:
Access to capital