Could be a bigger challenge when market force is low

[Darker45]

Play to earn games for me are not in direct competition with casinos. Play to earn games are not gambling games. It's not like you bet on something or play a paid game to either win or lose. It is basically blockchain-based gaming that rewards you tokens. I don't think it is gambling at all.

Roulette, for example, is a classic gambling game which has the typical characteristics of being random or being luck-based. The fun that you can get from this kind of game is so much different from that of play to earn games.

[goaldigger]

Are we talking about P2E here vs the casino?

Casinos are different from P2E since most players on P2E isn't spending some money but rather time and efforts although there are ways to gain your reward faster by paying some real cash but it is not profitable in the long run just like what happened to the rest of P2E that I know these days.

While the casino isn't something that you can easily be playing without spending some real cash, time, and efforts. Plus it's not designed to be easily be won when someone plays with it unless if it's not a luck based games. Although there are different factors that can make someone to earn a good profit/winning when gambling on casino.

In short, gambling is not an investment not unlike the P2E with the NFTs.
We should not compare this, and P2E will never exceed casinos since gamblers will always be there and many prefer to gamble than to play a game and hope for a small profit that might come from playing. They both have pros and cons, you can actually have this both but at the moment P2E is not doing good while casinos are still doing great and still profitable for the house.

[piebeyb]

Roulette games alikes will never go out of business for online casinos

almost all online casinos have roulette games it's just that I've never played that game maybe because I don't understand how to play it, but I'd love to try any casino games maybe in the future, I think without roulette the casino will keep going because they still have a lot of games which is reliable but so far in all online casinos there is always a game of roulette but it's not a underdog game

[jostorres]

Roulette games alikes will never go out of business for online casinos but I still believe that video games are a big challenge for casinos, now that we have play to earn games is big not even a bigger challenge for casinos?

I know that play to earn isn't perfected yet, too many flaws with the tokenomics and stuff but if a better solution comes there might be less interest for online casinos, the only games that will keep them alive is Roulette and the oldies.

I agree that play-to-earn games are definitely a challenge for online casinos. As more and more people are becoming aware of the potential of blockchain technology and how it can be integrated into gaming, it's likely that we'll see a shift in the industry. Play-to-earn games offer a new level of engagement and ownership that traditional online casinos simply can't match.

One of the biggest advantages of play-to-earn games is that they allow players to earn real-world value through in-game activities. This can include things like earning cryptocurrency or other digital assets, which can be used to purchase in-game items or sold on the open market for cash. This creates a sense of investment and ownership for players that traditional online casinos simply can't match.

However, it's important to note that play-to-earn games are still in their infancy and there are certainly many challenges that need to be addressed. One of the biggest challenges is the issue of tokenomics and the potential for market manipulation. Additionally, the regulatory landscape for play-to-earn games is still very uncertain, which can create additional challenges for developers and players alike.

[stomachgrowls]

Roulette games alikes will never go out of business for online casinos but I still believe that video games are a big challenge for casinos, now that we have play to earn games is big not even a bigger challenge for casinos?

I know that play to earn isn't perfected yet, too many flaws with the tokenomics and stuff but if a better solution comes there might be less interest for online casinos, the only games that will keep them alive is Roulette and the oldies.

Play to earn games is too grindy, and I don't think a lot of people will have the time to grind it out to get something off of the opportunities that they are getting. Casinos will never go out of business because they are offering fast and efficient entertainment to people who has the money that are looking to multiply it by gambling. Play to Earn remains to be a field that is a hit or miss, and most of the time it's a miss because not everyone has the time in the world to earn cents/a few dollars for hours on end.

This one.

If we do make out some comparison then we could really definitely say that both things are entirely that different on which there's no way that casinos would be replaced out by something which needs up to be grind.
It is obviously that people who are interested on entertainment and fast profits wouldnt touch up P2E which same as you said that it would really be needing up that grinding.Unlike when dealing up with casino games
which we know that it could give out fast results on every roll on a blink of an eye which is entirely different. People arent seeking up profits anytime with gambling but rather getting some leisure times
unlike into those people who do grind with those p2e which is obviously coming for the profits that they are really that eager to earn up.

[AmoreJaz]

Roulette games alikes will never go out of business for online casinos

almost all online casinos have roulette games it's just that I've never played that game maybe because I don't understand how to play it, but I'd love to try any casino games maybe in the future, I think without roulette the casino will keep going because they still have a lot of games which is reliable but so far in all online casinos there is always a game of roulette but it's not a underdog game

roulette is a very easy game. just try once and you won't wonder how it is being played anymore. or better yet, do a quick search over the internet and you will get an idea how it is being played at. each casino has their own variations but it is the same concept.
anyway, online casinos won't succumb because of p24 gaming platforms. there will always be gamblers who will stick to classic games offered by casinos. not all gamblers are keen on playing p2e games. just like not all gamblers are sports bettors. so yes, there will always be a market for online casinos offering luck-based games.

[Casdinyard]

Roulette games alikes will never go out of business for online casinos but I still believe that video games are a big challenge for casinos, now that we have play to earn games is big not even a bigger challenge for casinos?

I know that play to earn isn't perfected yet, too many flaws with the tokenomics and stuff but if a better solution comes there might be less interest for online casinos, the only games that will keep them alive is Roulette and the oldies.

I've seen that in my country, before Axie the common games our people play with, besides the common sports like basketball and chess, are cockfights and online chinese poker. They bet on these games like their life depended on it and well, most of them lost a couple hundred dollars in the processs. When Axie Infinity came along, there goes everyone's money, suddenly everyone's glued to their phones and computers playing this hit game and earning in the process. I do think there will be some sort of competition between gambling and play to earn should the latter be perfected or at least be improved upon, but that is a big if, and with how people look at crypto following the collapse and multiple scandals, it may take some time before people gain confidence in playing P2E games again.

[Genemind]

I think you cannot compare Play to earn games with casino games. Casino games have been there and will never go out of phase, we've seen a lot of play-to-earn games that come and go out of the market, once the hype is over it goes rug pull. I think it's not just roulette that keeps the casino running, slot games are more played than roulette in my own opinion.

[Silberman]

Roulette games alikes will never go out of business for online casinos but I still believe that video games are a big challenge for casinos, now that we have play to earn games is big not even a bigger challenge for casinos?

I know that play to earn isn't perfected yet, too many flaws with the tokenomics and stuff but if a better solution comes there might be less interest for online casinos, the only games that will keep them alive is Roulette and the oldies.

Technically any new form of entertainment is a competitor for casinos, however I do not see such a high threat from play to earn games and that is because I believe it is impossible to fix the economics of a coin designed to allow their players to earn money, it will always be the same story, in which a game gets popular and suddenly the early adopters are making a lot of money, which in turn brings even more players, then a bubble forms and eventually it burst.

[bitbollo]

it must always be considered a great variability among fans of casino games.
the ideal is to keep them all, novelties and classic games so as to satisfy all tastes.

play to earn is something completely different than the games you can find in casinos.
a revolutionary game capable of making "history" will probably come also for this field, probably just matter of time.