February 1st, 2011 | Published in Casino News
With the recent start-up of online casinos, more people are saying farewell to land-based casinos and going online. Of course, the atmosphere of the land-based casinos will always be better than online, but many prefer the convenience of gambling online. It has been proven that online casinos pay out better than land-based, when you gamble online, you don’t have to fight crowds and gambling online is cheaper because you don’t have to pay travel expenses. Gamblers aren’t the only ones that are seeing the benefits to online gambling. The more talk about legalization and regulation of online gambling, the more concerned land-based casinos become.
Why has Online Gambling Not Been Legalized?
One of the main reasons that the US still has not legalized online gambling is because of the effects it will have on land-based casinos. The biggest gambling city in the US, Las Vegas, is even concerned with losing business if it became legal for consumers to gamble in online casinos. The race tracks are also becoming more and more concerned with more competition. Atlantic City also expresses concern because they have already suffered a great loss during the recession.
The New Internet
Just about anything you can think of can be purchased online these days. Take music for example. Now, we no longer have to go to a music store to get the albums we want. We can simply buy them through iTunes or order the album and have it shipped right to our door. The great thing about purchasing music online through iTunes is that you don’t have to purchase the whole album; you can purchase only the songs that you like. Even though it seems easier to buy music over the internet now, music stores do still exist. Yes, they may have taken a big hit when iTunes was developed, but no one is alone in that.
The same thing goes for land-based casinos. Yes, they may lose some consumers to online casinos, but is it enough to not legalize online casinos? If there never were online casinos, would the online gamblers go to a land-based casino? Land-based casinos might lose a few of their gamblers to the online world, but with the rising cost of travel, it is more likely that online gamblers would not have been able to afford a trip to a land-based casino anyway.
Even though land-based casinos might lose some business to online casinos, this does not make them any more special than any other industry that has lost business to online services. Making purchases and gambling at online casinos are more convenient, it saves time and it saves money. This should not be a reason to not legalize online casinos in the US.