Why don't land-based casinos have an online version?

[Don Pedro Dinero]

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).

As far as we can see, this is not the most common thing, but it does happen as you say. I had also thought about the Codere group, which is not exactly a casino group, but rather a sports betting, bingo and the like group, which has both an online version and physical premises. In the online version they do have casinos, but I don't know of any physical casinos that belong to them.

[noorman0]

It is not a simple transformation and definitely requires some complex considerations such as:

- Legal and regulatory licensing processes: You shouldn't dream of expanding your casino into the online space even if you own a physical casino in Singapore.
- Adding new resources is expensive: of course it will take some time to bring in new credible people and substantial funds for new facilities to support the company's expansion.
- Interest in competition, market potential and risk of cybercrime, etc.: Actually, this consideration also looks at the facts of competence of new resources.

[bitbollo]

those who frequent a live casino are not the typical frequenter of a virtual casino.
there is a strong difference between the two activities and although some brands are "strong" in the area or for a certain circle of bettors, for others they would be completely unknown so the advantage of having a strong brand practically no longer exists.

in my country there are just few "house of games" (in Italy casino are called in that way) but no one has a brand... and yes I know some famous international casino but they have something like zero appeal here ....

[michellee]

They might still feel comfortable with the offline casino so try virtual or make the casino online to provide more users visiting the casino. But it's only a matter of time for them because, amid the current development of the internet, you can take advantage of internet technology to grow your business even bigger. And there may also be some offline casinos trying to develop their casinos into an online form.

If offline casinos can make a virtual version, of course, the source of income for casino owners will increase, especially since we know that there are more and more online casino users nowadays. So the benefits that casino owners can obtain will also be even greater.

A wise casino owner will look at all possibilities to grow his casino even bigger. And the unlimited capabilities of the internet can give the casino the ability to have more members and that means bigger profits can also be obtained.

[swogerino]

It is because they target different kind of "customers"/players.While offline casinos offer better options for people of a certain age that they want to see women around them serving them drinks and food as perks for following the casino and other type of benefits the online casinos target a completely different type of players,the ones who love to play when they are alone and they don't want or feel really uncomfortable playing with a lot of other people around them and this is why I believe we have not seen yet one offline casino to open an online version of itself.

[piebeyb]

I think land casino owners own online casinos too even they won't have just one business of course there are many other businesses like building hotels and other entertainment places around their land casinos logically do you see online casinos have a lot of money where do they get it if not an online casino owner as well is owning a business in a land based casino as well.

There's no way you'd see a big online casino even survive today if they're not a rich person or have a business in a land casino, for example since the covid pandemic why did online casinos increase I think land casinos switched to online casinos and they're the ones who built it since today they probably run both and even the other business. 

[bittraffic]

Having a brick-and-mortar casino and also an online version will probably make the laundering very easy.

But regulators will likely be watching them closely if they try to have an online casino especially if they accept crypto. And it will need another license as well which is not going to be easy to get, unlike the usual Curacao license. And then they will be training new personnel which will be handled with a more technical CEO. I'm also not sure if there is an existing casino with such setup already but I'm sure they do have plans to go online.

[iv4n]

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.

I think that in Serbia all land-based casinos have their online versions... but I am not totally sure about that, it's what I am picking from all the commercials around, I gamble only with crypto.

I agree with you that there will be more demand for online services in the future, but some legacy casinos will keep their doors open for people who like to visit land-based casinos, and there will always be people who prefer that over online gambling.

[kotajikikox]

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

there are two territories the Online and Land base casinos, I think this question has been tackled before and the answers are almost the same , why do they need to have both when they can own one?

or who knows that those Land base casino owners are not owning at least one of our Online casinos?

for me , casino owners are deep into it , so every form of gambling that they can generate money will surely the objective, so maybe they are having but not operating in same name as they can have less expenses in taxation in Online casinos.

[davis196]

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

If the casino owner will have both a land based and an online casino, then what's the point for the gamblers to visit the land based casino?
Most of the tech savvy gamblers(who are using PC and smartphones) would stick to the online casino, so the visitors of the offline casino will decrease, which might lead to financial losses. The cost of maintaining a physical casino is way higher than the cost of maintaining an online casino.
Is there a guarantee that a physical casino owner won't scam the users on his online casino? Why do you think that land based casino owners are more legit than online casino owners? I don't see any difference.

[Issa56]

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

There are some land base casinos in my country that do operate online, or should i say all land casinos in my country operates online, most people prefer to gamble online, some people don't really like visiting gambling house when they want to gamble, they prefer to gamble at their comfort zone that's why most land gambling sites decided to create online version, to attract more customers, but the problem is that they only accept fiat currency and i haven't seen anyone that accept cryptocurrency, but am sure with time well come when they will start accepting cryptocurrency.

[tusandii]

I think land casino owners own online casinos too even they won't have just one business of course there are many other businesses like building hotels and other entertainment places around their land casinos logically do you see online casinos have a lot of money where do they get it if not an online casino owner as well is owning a business in a land based casino as well.

There's no way you'd see a big online casino even survive today if they're not a rich person or have a business in a land casino, for example since the covid pandemic why did online casinos increase I think land casinos switched to online casinos and they're the ones who built it since today they probably run both and even the other business. 

Yes, and usually a businessman who has a casino business must have another business because the majority of business people will never be satisfied if they only have one place of business.
But so far regarding land casinos, I have also never seen or known of any land casinos that have virtual or online versions, maybe due to a lack of a team or more budget because running two casino businesses at the same time definitely requires more teams working and budget to develop both the business.

But if you look at the development of the gambling industry, the virtual or online version is developing much faster and more rapidly.

[bitLeap]

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

I'm sure there must be casinos out there operating in both the online and offline (land based casinos) sector, it's just hard to find them with valid data. But if we talk about security where there is fraud or something like that, we can easily ask for the location where the casino is. Therefore Online Casinos try to avoid such things, even though they have no intention of cheating gamblers in the first place. Then to maintain the principle of previous casino history where land casinos make activities more stressful, interactions between fellow gamblers are more realistic and can identify each other, whereas if we look at online casinos, they are individual and the level of cheating is higher if we play at the wrong casino.

[ethereumhunter]

Maybe this is related to the issue of permission to add various kinds of gambling games that offline casino voters have not yet known, so not many offline casinos have expanded their business by creating online casinos. But if they can connect their offline casino and online casino, that will obviously make their gambling business even bigger because the users are local and foreign gamblers who also play at the casino.

But connecting a business from offline to online is not easy and may require a lot of preparation to be done. And the owners of offline casinos don't want to think much about it and as long as the offline casinos can still make a lot of profit, the casino owners don't want to make their casinos online yet.

[bitzizzix]

I think land casino owners own online casinos too even they won't have just one business of course there are many other businesses like building hotels and other entertainment places around their land casinos logically do you see online casinos have a lot of money where do they get it if not an online casino owner as well is owning a business in a land based casino as well.

There's no way you'd see a big online casino even survive today if they're not a rich person or have a business in a land casino, for example since the covid pandemic why did online casinos increase I think land casinos switched to online casinos and they're the ones who built it since today they probably run both and even the other business. 

Yes, and usually a businessman who has a casino business must have another business because the majority of business people will never be satisfied if they only have one place of business.
But so far regarding land casinos, I have also never seen or known of any land casinos that have virtual or online versions, maybe due to a lack of a team or more budget because running two casino businesses at the same time definitely requires more teams working and budget to develop both the business.

But if you look at the development of the gambling industry, the virtual or online version is developing much faster and more rapidly.

Of course land casinos and online casinos are promising businesses and both will soon be present in one casino place, it's just that it may require a process that is not easy and also time consuming.
and maybe for another reason land casinos are still in great demand and are also still profitable and because there are still many land casino enthusiasts compared to online or virtual casinos because online casinos have no social interaction.
and one of the biggest drawbacks of online casinos is the lack of social interaction. Players cannot interact with other players or dealers directly, which can be a drawback for some who prefer a social atmosphere when gambling. And since land-based casinos are still very profitable, it may be a consideration for casinos to provide online or virtual casinos, maybe one day they will think about that.
and for another reason it may be due to technical issues if something goes wrong due to internet use and they have to think about and study it and also legal limits.

[Outhue]

I know some online casinos that started their journey offline, but as Time Goes On the online casino income is not enticing for them to keep the business online Alive so they abandon the online project and focus more on the offline casino and I think this depends on how they manage their businesses and the end results will vary so it is normal if a project progresses online and performs very bad offline or vice versa, they only need to try it out and see what happens, you can't predict the outcome of a business until you try it out.

Even if you have a working product it doesn't mean that the world will welcome the product and your company will start progressing, there are cases where the world abandoned products and the business folds up, it is normal.

Any business can flourish online and perform worse offline, or performs worse online and more progressive offline.

[Slow death]

you touched on a very interesting point, I believe that the problem that makes the majority of physical casinos not choose to also have online casinos (I saw someone saying that there are physical casinos that also operate online casinos) is that when you create a physical casino, the owner of the casino does a feasibility study, they know that in a certain city and neighborhood there are people from the middle class upwards, there are many people over 18 years of age, there are many people who like beer and other alcoholic beverages, there are people who like luxury and spend money on expensive things. therefore, the person responsible for the feasibility study recommends that a luxury casino be placed in that neighborhood

once the casino is built, the owner has invested a lot of money in the casino, he has employees and he has operating costs and he also creates a customer base and offers a type of service that becomes something exclusive and because of this type of exclusive service that makes so that people from that city and neighborhood always frequent the physical casino, so far everything will be going well, but if the owner of the casino creates an online casino he will make that part of those people who attend the physical casino stop going to the physical casino and keep playing in the online casino, this could make the operating costs of the physical casino unsustainable because the revenues would be lower due to the reduction in the number of customers

and also the owner of the physical casino could not take the profit of the online casino to cover the operating costs of the physical casino. this reasoning of mine also applies to an online casino that wants to have a physical casino, having both casinos requires a greater feasibility study and a good business and management strategy.

[qwertyup23]

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

This is an interesting perspective- you are indeed correct. Most of the physical-based casinos have yet to open or start their respective online counterparts. I am also wondering on why they are not capitalizing on this opportunity given that they have established themselves in the community as a legit business.

Maybe one of the reasons on why they are avoiding creating an online gambling platform is because they want to persuade and convince their users to personally visit their physical casino? Maybe the proceeds of a person visiting their physical casino is greater than what they have forecasted in the event that they create an online platform?

To be honest, they are somehow missing international customers from accessing their online gambling platform which can greatly increase their overall revenue.

[Crypt0Gore]

There are still many gamblers that prefer going to locations to gamble, for fun and for money making purposes, if a offline casino is doing well they might be occupied enough not to have time for online casino, because both won't be able easy to manage anyways, it will even cost more to set up an online casino, I think this depends on the owner, if they feel they can handle both then they can do it.

I do know that many offline casinos are own by businessmen, and they also have many other businesses apart from the casino, so it depends on the person that own the casino and what they want or plan to do, but it's not going to be that easy.

[Jating]

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

During the pandemic, there was casino's at least in our place that you can play with them, online. I mean this is a traditional based casinos, but since they are close, they decided to have a online version of their casinos. How do I know? they send emails back then to their customers saying that you can still play with them, but the catch is that there is minimum deposit like $100 if my memory serves me right. Didn't play though, and waited till everything is normal.

But perhaps what they don't have to have their own online version is that it might be hard to maintain. You already have billions of dollars in land based casinos, so why complicated things and open a online version wherein there will be overhead cost and there are a lot of competitions specially from crypto based platform? Doesn't make sense in a business point of view.