Land Casinos Feel Threatened by Online Gambling| Video Slots News> News Archive> 2006> May> Land Casinos Feel Threatened by Online Gambling |
4 May 2006
Land casinos are starting to feel threatened by online gambling. The spread of online gambling is likely to take its toll on land casinos. Several leaders in the gambling industry around the world have recently been reported as saying that they feel that online gambling is a threat to land casinos and that this industry is affecting the turnover of land casinos. With the boom of 2005 in the online gambling industry, and with figures indicating that 2006 will be even better, this branch in the gaming sector is slowly having an effect on land casinos.
Many of the leaders in the gambling sector are calling upon the governments to regulate online gambling and to make the laws regarding online casinos and sports betting very clear. They said that people are discovering that they can have as much fun in their own homes by logging onto online casinos and gambling away, and there is not as much of a need for them to trek out to land casinos to get the same thrills. While the gambling experience of the two is still quite different, many do not have the ability or the means to fly or drive to a land casino, while they almost all have a computer accessible from which they can login to online casinos.
In response, a spokesperson from the online gambling industry said that the two sectors need not take customers away from the other. He said that to the contrary, with online gambling exposing the thrills of casinos to millions of people who would otherwise never have experienced this kind of entertainment, it actually increases the number of people who would then consider gambling at a land casino.
