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Author Topic: Why don't land-based casinos have an online version?  (Read 357 times)
GxSTxV (OP)
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August 06, 2023, 10:57:53 PM
 #1

I wonder why real or land based casinos are not offering a virtual or online version of their casino ( I never seen one yet). If they can afford to open a physical casino it seems easy for them to invest in a virtual one as well, possibly combining both to create an experience similar to what Evolution Gaming offers.
And if you are asking why i thought about this it’s simply because by doing it they can expand their business to reach and provide a more reliable and trustworthy platform for gamblers. Just recently we have seen unfortunate cases where online casinos have scammed users and disappeared with their deposits, often due to unknown teams and creators behind these platforms

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August 06, 2023, 11:08:42 PM
 #2

People who are used to the land based casinos might end up spending time in the physical casinos. The online version might not give them the experience they get from the land based ones. Somehow the gamblers will feel lazy and starts spending time sitting infront of the PC or some other devices for their gambling needs. When it is land based casinos the money is not just out of gambling, more business happens around and the gambling House doesn't want to limit it. In recent years during the COVID lockdown more land based casinos had their online version, but those were stopped once after the services resumed.
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August 06, 2023, 11:10:20 PM
 #3

Many of these land-based casinos are tourist based they not only promote their casinos but the hotel and everything around them like entertainers many of these casinos are government own or affiliated with the government so they concentrate on taxes coming from tourists but we do have a list of land-based casinos with online versions and besides these land-based casinos can sustain their business without an online version, and it's manageable to run a land-based casino.

https://www.livecasinocomparer.com/land-based-casinos/

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August 06, 2023, 11:16:09 PM
 #4

It must be because both markets serve a different purpose and have different target audiences. On one hand, brick and mortar casinos and resorts have existed much time before internet was invented, so they have specialized on serving people in a variety of ways: hotel services, drinks, entertainment, restaurants, etc. It is a big investment, but it is profitable.

On the other hand, we have services which focus on providing gambling without having such a huge infrastructure and are relatively new in comparison to traditional casinos.

While anyone can play on a casino online, most of people have known about the Golden Nugget in Las Vegas, not for it's webpage or the possible online service they can provide, but for the resort and the luxury associated to it and the experience of visiting in person.

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August 06, 2023, 11:20:48 PM
 #5

Many of these land-based casinos are tourist based they not only promote their casinos but the hotel and everything around them like entertainers many of these casinos are government own or affiliated with the government so they concentrate on taxes coming from tourists but we do have a list of land-based casinos with online versions and besides these land-based casinos can sustain their business without an online version, and it's manageable to run a land-based casino.

https://www.livecasinocomparer.com/land-based-casinos/

some of these land-based casinos are now creating their online version especially when this pandemic hit us. they understood the importance of having online version in case people can't visit them physically. but usually, their means of payment method is fiat-based, though some are starting to accept cryptocurrencies.
i've seen in the forum alone that couple of previously fiat-based casinos are now also accepting crypto. they need to adopt the current trend or else, some of their patrons will go somewhere else.

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August 06, 2023, 11:25:12 PM
 #6

Some of them have, but you cannot see a crypto-related well, coz all of them in fiat-based one coz most or all of crypto-related are in online platform. This happened when the pandemic hit, most land based casino (with hotel and resorts) stop operating so their choice is to have an online platform to continue their business.

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August 06, 2023, 11:27:13 PM
 #7

I wonder why real or land based casinos are not offering a virtual or online version of their casino ( I never seen one yet). If they can afford to open a physical casino it seems easy for them to invest in a virtual one as well, possibly combining both to create an experience similar to what Evolution Gaming offers.
And if you are asking why i thought about this it’s simply because by doing it they can expand their business to reach and provide a more reliable and trustworthy platform for gamblers. Just recently we have seen unfortunate cases where online casinos have scammed users and disappeared with their deposits, often due to unknown teams and creators behind these platforms
You mean like the brand of the casino would have online or "virtual" presentive. That you could gamble table games online like in some net casinos you can play on live tables?
I guess that's an idea, but that's technically a whole different area than dealing with physical casino. You would think that it would be easier, and in many ways it would be, but it would be so much different that i am not sure if casinos are even prepare to handle online casinos.

I have a feeling that they would have tried it if they managed to enter successfully to the market that has so much competition already. But it's a whole different game to handle physical casino, hotel, bars etc, than a server being able to handle so much traffic. If it would be cost efficient, i am sure that they would have those more.

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August 06, 2023, 11:38:18 PM
 #8

Why would they if they are already getting more than enough money from their patrons that visit their physical casinos? It would just be something that will take resources from them. Plus, usually these physical casino owners have other businesses that are tied to their casinos like hotels and restaurants, so they are hitting a lot of birds in just one stone. Their online presence would be limited to just their advertisements and promotions, and that's basically it. Taking a lot of energy, resources, and time to develop an online copy of what is already physically existing is just a waste of everything.

Besides, why would they want to limit the experience and feel of their physical casino if that's the one thing that people are traveling and visiting them for?

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August 06, 2023, 11:43:32 PM
 #9

Everything is on reputation and targeted market, they know that it's easy to open a false accusation on any online casino imagine a Macau-based casino that is so prestigious, then getting a false accusation that alone will harm their reputation as a very popular tourist destination casino.

Land-based casinos brand themselves as a tourist destination so it does not start and end on the gaming board they brand their place, and promote their hotels and their ambiance something that they cannot capture online, so they concentrate on branding themselves on land.

It's not that it's not profitable but they want to protect their brand which they can address if all issues are confined to their gaming venue.


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August 06, 2023, 11:57:11 PM
 #10

I wonder why real or land based casinos are not offering a virtual or online version of their casino ( I never seen one yet). If they can afford to open a physical casino it seems easy for them to invest in a virtual one as well, possibly combining both to create an experience similar to what Evolution Gaming offers.
And if you are asking why i thought about this it’s simply because by doing it they can expand their business to reach and provide a more reliable and trustworthy platform for gamblers. Just recently we have seen unfortunate cases where online casinos have scammed users and disappeared with their deposits, often due to unknown teams and creators behind these platforms
Physical gambling owners might really having the plans on doing so which instead on trying out to offer or launching up some online version they would rather be putting up those allocation or budget on enhancing way more than with their physical ones. We know that building a casino whether online or offline isnt really that cheap on which means that it would really be speaking about some extra cost on which it would really be just that normal
that they would be skeptical on building one but rather they would be putting up focus on physical. Some might be having no interest or does mind themselves on having expansion. Why would really be needing to touch up
other space if they do find out themselves making revenue on offline? Well, its not a bad idea though even lets assume that im an owner or investor then i would definitely be going into different spaces
which having that chances on catching up revenue on both spaces or sources.

R


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August 06, 2023, 11:59:38 PM
 #11

I wonder why real or land based casinos are not offering a virtual or online version of their casino ( I never seen one yet). If they can afford to open a physical casino it seems easy for them to invest in a virtual one as well, possibly combining both to create an experience similar to what Evolution Gaming offers.
And if you are asking why i thought about this it’s simply because by doing it they can expand their business to reach and provide a more reliable and trustworthy platform for gamblers. Just recently we have seen unfortunate cases where online casinos have scammed users and disappeared with their deposits, often due to unknown teams and creators behind these platforms

Maybe its a brand marketing thing? Perhaps they do not want to mix the image of an internet casino with that of their physical casinos? I really don't know. But I understand there is a world of difference between the physical casino experience and the online casino experience. A internet casino feels a bit cheaper and antisocial, therefore the physical version is preferred, as the image of what kind of experience they are trying to sell to their customers.


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August 06, 2023, 11:59:43 PM
 #12

People who are used to the land based casinos might end up spending time in the physical casinos. The online version might not give them the experience they get from the land based ones. Somehow the gamblers will feel lazy and starts spending time sitting infront of the PC or some other devices for their gambling needs. When it is land based casinos the money is not just out of gambling, more business happens around and the gambling House doesn't want to limit it. In recent years during the COVID lockdown more land based casinos had their online version, but those were stopped once after the services resumed.
This is probably spot on. There are only a certain number of gamblers and if they aren't frequenting the casinos, then casino will start closing the doors.

Basically, you would see alot more bankruptcy suits in the casino industry because people will sit at home and gamble vs going to the casino and enjoying time out of their houses.

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August 07, 2023, 12:14:41 AM
 #13

I know a few casinos that have both, but not all are willing to start an online casino because it's not easy to replicate the same success they've had on their land-based casino. I remember seeing a couple of screenshots coming from random gamblers because there's one casino that is somewhat popular in my country, but the online version isn't any different from what crypto casinos have to offer. They wouldn't have a problem launching their online casino, but it could be a thorn in their side if the online casino isn't making enough profit in the long run.

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August 07, 2023, 12:22:44 AM
 #14

Others have. Like BetMGM which is MGM as land-based casino and hotel. While others use a different name which I don't know what the reason behind is.

Why don't they maximize their service in online platforms? I think that is the big question here.
That's because they also want to maximize their profits in hotel and resort which is a big part of the business. The casino is most likely just for entertainment and leisure. Businesses who only focuses on casinos are most likely to not recreate their business thru online because it will require more documents and I believe another additional tax.
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August 07, 2023, 01:14:48 AM
 #15

I wonder why real or land based casinos are not offering a virtual or online version of their casino ( I never seen one yet). If they can afford to open a physical casino it seems easy for them to invest in a virtual one as well, possibly combining both to create an experience similar to what Evolution Gaming offers.
And if you are asking why i thought about this it’s simply because by doing it they can expand their business to reach and provide a more reliable and trustworthy platform for gamblers. Just recently we have seen unfortunate cases where online casinos have scammed users and disappeared with their deposits, often due to unknown teams and creators behind these platforms
In my opinion I feel, maybe the owners prefer a kind of casino business where people come together and interact in physical while they stake on different games, most times it's very entertaining than the virtual casinos, also based on the more entertaining Benefits this system offers it's very beneficial in the attraction of tourists to come have fun and most times these casinos own a night club and hotels that people could have more fun with thereby making more profi.
 However since the introduction of technology into gambling there came the introduction of online casinos where people could stake comfortably with their device at point in time, so few land casinos have also included online casinos in their company to follow the new trend and attract customers that are not opportuned to visit the casino due to some circumstances.
 

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August 07, 2023, 04:26:36 AM
 #16

Online casinos are getting more popular but land-based cater to specific markets, for example in Macau they go here as a tourist and a gambler at the same time.

In my country, our government operates the majority of land-based casinos since they are government-operated, it's also an income and job-generating industry so they prefer to concentrate on land-based compared to online casinos where they can employ a small number of people, and they have full control of its reputation.   

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August 07, 2023, 04:44:12 AM
 #17

Having both online casino and land based casino will be too much to manage. Moreover the land based casino are enjoying their business because they are making profits from different source like drinks,hotels,strippers and many more. It is not just gambling alone but you can interact with people and have fun by enjoying the atmosphere of the casino which will make you want to go back as a gambler. Online casino needs much resources to set up and if you don't accept cryptocurrency,it might be a big challenge for the casino. Land base can accept any currency as long as they are cool with your payment method because you privilege to talk to the management face to face. Land base casino can be used as a tourist center.

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August 07, 2023, 05:04:49 AM
 #18

It is not true that land-based casinos don't have online versions. In Spain it is very famous the Gran Madrid Casino which has not only several buildings in the capital city but also online gambling (mobile, desktop and even television, at dawn, in one of the main tv channels in the country).

I guess that for many legacy casinos whose business is still profitable it is simply much trouble to open different channels, but I think that there is no doubt that future generations will demand more and more online services.

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August 07, 2023, 05:18:50 AM
 #19

People who are used to the land based casinos might end up spending time in the physical casinos. The online version might not give them the experience they get from the land based ones. Somehow the gamblers will feel lazy and starts spending time sitting infront of the PC or some other devices for their gambling needs. When it is land based casinos the money is not just out of gambling, more business happens around and the gambling House doesn't want to limit it. In recent years during the COVID lockdown more land based casinos had their online version, but those were stopped once after the services resumed.
Well, I don't think this stops them from running an online version of their casino if they really want to, the more reason I think land based casinos are not really interested in having an online version is simply because of contentment, building, operating and maintaining an online casino comes with great responsibility and expenses, you will have to pay software engineers, security experts, data analyzers, programmers, hosting services and so on, you will still have to hire and pay customers service personnels, and on top of all this expenses, you will have to spend millions on marketing and still worry about gaining customers,  and also consider that there is a lot of competition amongst online gambling casinos already.

If you combine all this ive mentioned and many other i forgot to mention, you will discover that operating a land based casino is way easier than operating the online version, and when some of those guys who own a land based casinos consider all the facts, they are like "i am already earning enough more from the based casino, why the stress of trying to open an online version, that money could be invested in another business entirely outside a gambling casino".

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August 07, 2023, 05:43:18 AM
 #20

I know some "brick n mortar" or land-based casinos like you called it, created online casinos during the Covid period. There was quite a few of them that popped up during that time and some of them even implemented Crypto currency deposits.

The operating cost of "brick n mortar" casinos are much higher than online casinos and people got a taste of the convenience of online gambling, so the demand shifted to a virtual experience and not physical casinos.  Tongue

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