• Land Based Gambling Shifting to Online?

    16 October 2009

    Newspaper

    This is a question that land based casinos are asking themselves, especially since Vegas saw revenues drop for the twentieth month in a row.

    October 14, 2009 (CAP Newswire) — Bad news disguised as good news? Reports continue that the status of land-based casinos, particularly in U.S. gambling mecca Las Vegas, are continuing to plummet.

    In August alone, the casinos dropped 9.3 percent in revenue, representing the 20th straight month of losses. That’s unprecedented in the modern era, and attributable to the current economic recession the the U.S. (and most of the rest of the world) currently finds itself in.

    “The Nevada Gaming Control Board reported that monthly revenue for the first two months of the fiscal year that began in July fell nearly 11 percent compared with a year ago,” reports the San Jose Merceury.

    For online gambling affiliates, however, this is hardly bad news. It represents in part the shift that modern gamers are taking, away from land-based gaming and on to the Internet. As more people decide to save themselves the expense of travel and accommodation and gamble from the comfort of their own homes, there’s never been a better time to take full advantage of the opportunities in online casino affiliate marketing.

    My opinion is it will drop for awhile as people are staying home and playing on their computers, but when it comes to VEGAS, there is no place like it and I believe as the economy grows so will the casino revenue!

    Related News

    • 22 October 2019

      Videoslots Debuts Woodland Fairy Slot from India-based Developer Rocksalt Interactive

      One of the leading online operators, Videoslots, has just announced it is partnering with India-based Rocksalt Interactive to bring their games over to its many punters. Players on Videoslots brands will be able to take a spin in the magical forests of Woodland Fairy, a mobile-first offering featuring bright and vivid colors, extra spins, and multipliers. The operator is hoping to enhance its portfolio of slots and offer even more choice to punters.

      Read full article
    • 14 August 2019

      Global iGaming Market Value to Increase to $94.4 Billion by 2024

      The Global iGaming industry is very large and very profitable. All around the world, people are betting on sports events, horse races, and enjoying casino games or interactive video slots. The industry seems unstoppable, but exactly what is driving this growth and how will it all look like in the future? Now, a new market report by Zion Market Research answers these questions and reveals some surprising statistics about the industry and the factors at play in its growth. Massive Growth

      Read full article
    • 11 June 2019

      The Netherlands Gaming Authority Expects Online Gambling Market To Open In January 2021

      The Dutch top gambling regulator announced that the Netherlands’ new regulated online gambling market won’t take off for another year and a half. During the Gaming in Holland conference, the chairman of the Kansspelautoriteit (KSA) gaming regulatory body, Rene Jansen, said that the regulator was planning for the country’s new Remote Gambling Act to take effect on July 1, 2020. International Operators Highly Interested:

      Read full article