This is probably the most asked question and the hardest to answer. It’s impossible to know exactly how long the process will take. Some deals take a week, and some take a year with everything in between. This is a process and a partnership between your company and Online Casino Broker. It’s important to look at it that way so we can work together to get your casino sold to the highest bidder.
We ask you to send us financials from the last 3 years along with our NDA.
HERE is a basic template for financials, in case you want to be prepared before contacting us.
Then we assess the value of your casino based on financials and any other factors that may come into place, like your stock and patents.
If you decide to accept our assessment and want to use us, we draft a broker agreement, you sign it, and we go to work to sell your casino.
We email our list (as a blind listing, in other words, until the potential buyer signs an NDA, we do not tell them the identity of the stores or any other specific information.)
We also target the casino to specific people we think might be interested. We keep a list of buyers and types of stores they are targeting.
Once there’s a buyer and you accept the buyer’s offer, we draw up a letter of intent (or LOI) and put the relevant details of the sale in the LOI, sale price, terms (whether it’s a cash deal or there is a down payment and the buyer buys with payments) and any other details of the deal.
After that, one of the parties gets their attorney to draft a sales agreement, the agreement is signed, and an escrow is opened. We use escrow.domains as our primary escrow provider.
After escrow receives the funds and the stores involved in the sale the deal is consummated and the escrow closes. The seller gets his or her funds and the buyer gets the property.
This varies based on the size of the deal. A property selling for 500,000 will have a higher percentage commission than a property selling for 10 million dollars. After doing the assessment we will quote what our commission rate will be.
You should have your financials from the last 3 full years and also the current year. Any other information you can give us could be helpful, as the history of your business. We ask for more information after the signing of the agreement about your company and ask you why someone would buy it.
We broker all types of online casino businesses. However, if the value of your property is below 100,000 dollars, we aren’t in a position to handle it.
We do find that if you’re transparent about what you’re selling, it helps to push the process along. Keep in mind that all public listings, both on our website and in our newsletters and mail blasts are blind listings, with no name of the company or website mentioned.
However, we also have private listings for companies who want to exert an extra level of caution. In these cases, we only target potential buyers among our circle of influence in the industry. But you don’t benefit from the mail blasts and mentions on our website, which bring us most of our deals.
Absolutely. We can work as a buyer’s broker, where you pay us a percentage of the deal to shop for you and target the specific kind of online casino you’re looking for at the budget you want to spend. But like when we act as a seller’s broker, there is a minimum. In this case, it’s 150,000 dollars per property purchased.
Daniel Sold His Online Casino Using Online Casino Broker
Bruce is an amazing broker that’s very easy to work with. He sold our casino in a few months and got us the amount we were looking for. The process was easy and fast, he handled all the contracts and payment procedures. I would highly recommend Bruce to all my industry friends.
Dan Sold his Online Casino Using Online Casino Broker
Bruce helped me from the start not only with brokering my casino, but with giving me helpful advice on how to manage and present my site earnings better.
I truly say that I also have a new friend after all this process.
He was and still is with me all the way through, it was truly a pleasure watching him getting me a better deal.
I couldn’t do this without him that’s for sure.
Truly appreciated and I highly recommend him to anyone looking to sell online casinos.
Don’t do it on your own, get a professional. Online Casino Broker.
Anthony Purchased an Online Casino Using Online Casino Broker
I’ve known Bruce for over a dozen years now and always see him at every major trade shows. His knowledge of the industry is unparalleled. It’s hard to find anybody in the online casino space who does not know him. Being a broker of anything, you must know the players and Bruce does just that. He did a great job brokering the casino I purchased.
I’d like to thank him for all of his hard work on this transaction.
Mark Sold an Online Casino Using Online Casino Broker
I’d like to thank Online Casino Broker for all of your hard work on selling my store. As you know it wasn’t an easy or normal sale, with many ups and downs, but you guys handled everything very professionally. You certainly earned your commission on this one. If anyone I know asks about how to sell their online casinos I would recommend your company.
James Sold an Online Casino Using Online Casino Broker
I just wanted to thank you for all the hard work in helping me to sell my online casinos. As a broker myself I needed help reaching people in the gaming industry. Your contacts in the space helped to make it happen.
Thanks again for a job well done!
Michael Has Purchased Multiple Online Casinos Using Online Casino Broker
As a frequent buyer of online casinoss I’ve dealt with Online Casino Broker on many occasions and we’ve closed some deals.
Bruce has always dealt with me fairly and has given me exactly what I’ve asked for in terms of the information needed to make a good decision.
I’d recommend Online Casino Broker and Bruce to anyone either buying or selling online casinos.
Manuel Has Purchased Multiple Online Casino Using Online Casino Broker
I’ve worked with Online Casino Broker for a couple of years now and we’ve had some successful deals as well as some that haven’t come together. Bruce has always been professional and he always provides me with what I need to make a decision. He is also very flexible and tries to help us get our offers accepted by the store owners. If anyone were to ask me about Online Casino Broker and Bruce I would encourage them to work with them.
Joel Has Dealt With Online Casino Broker on Multiple Transactions
I’ve known Bruce for many years now and in recent years we’ve been working together since I took on the M&A responsibilities at my company. I’ve always known Bruce to be honest, quick to respond and he always gets me all of the information I ask for when I’m looking at a deal. We’ve completed some business together and even when we don’t buy from him, he’s always been great to work with.
I’d recommend Online Casino Broker to anyone who is looking to buy or sell an online casino.
Basil Sold a Popular Online Casino Using Online Casino Broker
We sold our online casino through Bruce at Online Casino Broker last year. He handled the transaction excellently and without any hassle. It was obvious from the start that Bruce knew what he was doing and he did a great job leading us through the process all the way until the end. He found us a buyer quickly and because he got multiple buyers involved, we got more than the asking price!
I couldn’t be happier with the performance of Online Casino Broker.
Mike Bought His Online Casino Using Online Casino Broker
We recently purchased our online casino through Bruce at Online Casino Broker.
Bruce is hard working, he follows up in a timely manner and is great to work with.
Since then I have asked Bruce to find other stores for our company and he is hard at work doing so.
If you want to buy an online casino, Online Casino Broker is the only company you should use.
Dave Sold His Online Casino Using Online Casino Broker
We have recently sold our online casinos using Online Casino Broker.
Bruce got the casinos sold quickly and for a solid price.
One thing I really like in working with Bruce is that his feedback is fast and he gets everything done he says he will.
I would suggest working with Online Casino Broker.
Scott Sold an Online Casino Using Online Casino Broker
It took awhile, but you finally got my stores sold and for that I’m very grateful!
Your professionalism showed through during the entire process as you finally got the deal closed.
As you know, I am not very experienced in this stuff, nor with the industry, so your expertise was vital.
Anyone who is selling their online casinos should use your company. You guys are the best!
Josh Sold Some Online Casinos Using Online Casino Broker
Working with Bruce on selling ouronline casinos has been a pleasure.
Through his many connections in the industry we got multiple offers and somehow got an offer higher than our asking price!
I would recommend using Online Casino Broker to anyone that is considering selling their online casinos.
Thomas Sold His Online Casinos Using Online Casino Broker
I just wanted to thank you for all of the hard work and dedication to get our online casinos sold. It took awhile and you stayed with it and found a buyer and got us a good price.
Hopefully we can work together in the future.
Adam Sold a Group of Online Casinos Using Online Casino Broker
Thanks for doing so much and working so hard to make this deal happen!
You found us a buyer and took care of a lot of challenges to complete the deal when it easily could have gone sideways.
As you know I’ve already sent you some referrals, even before the deal had closed. Hopefully that shows you how much I appreciate your efforts.
I’ll continue to recommend Online Casino Broker to my friends.
Tom Bought an Online Casino Using Online Casino Broker
I’d like to thank Bruce and Online Casino Broker for their hard work to get this transaction completed.
Bruce worked through some complications in the deal to get it closed smoothly.
I wouldn’t hesitate to buy from Online Casino Broker again and will certainly pass the word to other people I know about their services.
Mike Sold His Online Casinos Using Online Casino Broker
Although it wasn’t easy you got it done and sold my online casinos.
I want to thank you for all of the hard work and counseling along the way. I couldn’t have done it without you!
Jodie Sold a Group of Online Casinos Using Online Casino Broker
It has been a pleasure to work with Bruce in selling my online casinos.
Bruce understood my business from the start, and had potential buyers lined up before it was even listed.
I’ve found Bruce to be responsive, proactive and well-connected, all the things I’d want a broker to be.
If it weren’t for Bruce, I simply would not have been able to sell the business. It’s as simple as that.
I definitely hope to work together again in the future.
We Are an Online Casino Broker for Sellers and Buyers
With over 20 years in the online space, Bruce F., our CEO and founder, has become a well-known force in the industry in several high-risk industries.
His experience with people in our industry and his ability to efficiently sell online casino businesses are just a few of the reasons Bruce, the Online Casino Broker, is unrivaled.
When it comes to helping online casino owners thrive and expand, he is hands-on and works directly with owners to sell or find an online casino that brings sales and profits. As a broker, he works with business owners like you to get them started on earning profit in today’s digital landscape.
Contact his team today to learn more!
Work With A Trusted Online Casino Broker
Bruce and his team are experienced in the online casino brokerage space and enjoy working with their clients to help companies in this world reach their full potential. Whatever type of online casino business you’re looking for, our team of brokers can help you buy or sell your business. Bruce directs his team to work with buyers and sellers on building the thriving companies of tomorrow.
Our team deals with a lot of real-world information to assess each of our listings to maintain our reputation and to always maintain the highest level of customer service to all the people we have the pleasure of working with.
When you’re working with Online Casino Broker, you’re going to get full-service support for your business from an experienced broker who will welcome you into this space and talk about what information you, as an online casino broker, need in order to be successful and buy such a business.
Contact Online Casino Broker Today
Contact us today and our team will listen to your business plan and assess your needs.
When it comes to deciding to buy or sell your online casino, Bruce and his team of professional brokers work to help you buy or sell with the confidence you need to get a great deal and maximize profit. Whatever type of casino you have, let us be your trusted company for all of your brokerage needs.
We can’t wait to help you get started on your journey. For more information on how to buy or sell your online casino, contact us directly today. We can’t wait to hear from you and make your company our next success story.
Please fill in your details and one of our expert brokers will get in touch with you promptly.