Great post on somewhere else:
Quote:
It's simply too easy to start in this biz.
Processors should keep a 6 months 100% rolling reserve, require proof of content purchases of at least $250k.
Without track record of at least 24 months don't allow rev share etc. etc.
Casino/poker business doesn't have this problem too much. Will cost you $100k just in software/hardware and depending on the country another $100k-$500k in license fees just to get started. A decent software provider will require proof of funds, I've seen software companies (casino) that need proof you have at least $1mil cash to run the biz.
Adult people can start with $5000 , a pussy and a $150 digital cam.
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