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

[topbitcoin]

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

Everybody has their own market and I think when you focus on land-based casinos then when you create something new with the online version it's going to divide fans and I don't think that's good. On the other hand, the need for more people to do this makes them spend more on salaries which makes them have to rethink.

They realize this is bound to happen so it would be better to do one of the land-based or online casinos right (not both) because of course competition, expenses and customer division are the worst conditions for doing something like that.

[1714869567]

1714869567

[Apocollapse]

That's just their choice, sooner or later there's will be a casino which have land based and online version.

The biggest reason why land based casino don't want to launch the online version is there are many online casinos better than them. Land based casino is strict and will ask you to submit KYC during registration or before making deposit, while crypto casino will let you to gamble without need to verify your account.

[cryptomaniac_xxx]

If they are successful in land based casinos then why change your business model? Yeah for sure having a online version might do as much, but it's not going to be easy as people traditionally loves to go to land based and have that kind of experience. And now that we are allowed to gamble to land based, then for sure, they are making a lot of money again day in day out and could be in the momentum to at least recover some that they lost in years due to pandemic. And then we have jobs as well inside and even outside of the casinos. So it doesn't make sense for land based version to have their online today. They are already good and their businesses are booming again with their traditional based casinos.

[rahmad2nd]

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

Quite a difficult question for me to answer. the thing is, I've never tried to find out if a land-based casino is also building its business for online casinos. Maybe yes, but not all land based casinos are operating at online casinos. As for those who have a business in the online gambling sector, it is very likely that the online casino they have is fiat-based. Or it could be, if a land-based casino owner participates in investing in an online casino. but for sure, we do not know it. After all, even if there is a reputable land casino and they also have the idea to build an online gambling platform, it is not certain that they are interested in building a crypto casino.

Referring to the points you said, it's not something new for us if some online casinos cheat their users. if that's the point, I think cases like that could happen in any casino. and it's not just the case with crypto casinos, in fact there seem to be plenty of rogue online fiat casinos. actually for me it's very simple, if we in the community have several casinos that are licensed and trustworthy, even have a credible reputation. So, for me, the casino we have here is more than enough.

[Gozie51]

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

It is understandable that both offline and online casino are not serving same purpose, most play online because of the privacy.

I understand this point probably because of the incidence of scam where online casino just disappear without trace, at least if they had offline casino then they wouldn't disappear like that into tin air without any trace. I think to play in more reputable casino is more trusted than new ones, casinos like stake have been there, tasted and trusted with personalities that identify with them.

[Negotiation]

An online version of land-based casinos will take a long time to launch because games in land-based casinos can be slower than online casinos. Here, the gameplay speed depends on various factors and cannot be increased only by the gamer's own will. Online games are not only convenient but also as fast as possible. By running the virtual reels you can always increase their spin speed or even turn on auto-spin mode with preset loss and win limits. Even if the user chooses to play online with live dealers, they will still do everything in half the time compared to land clubs. Land-based casinos allow fewer stakes. Compared to playing in land-based casinos, online games pay higher.

[Porfirii]

An online version of land-based casinos will take a long time to launch because games in land-based casinos can be slower than online casinos. Here, the gameplay speed depends on various factors and cannot be increased only by the gamer's own will. Online games are not only convenient but also as fast as possible. By running the virtual reels you can always increase their spin speed or even turn on auto-spin mode with preset loss and win limits. Even if the user chooses to play online with live dealers, they will still do everything in half the time compared to land clubs. Land-based casinos allow fewer stakes. Compared to playing in land-based casinos, online games pay higher.

Land-based and virtual casinos have different business models, as the formers can monetize offering different (lower-paced if you want) services like drinks, shows, (weddings? ). Online casinos, on the contrary, can offer their services to a massive public, so even if most of them only play a few cents at a time, it is profitable.

To me, I still think that a hybrid between both worlds is not only possible, but the future of gambling.

[AbuBhakar]

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

The reason is they are using different brand name for their online casino. Physical casino usually owned by a group of companies focus on gambling. They are investing on different casino ventures online while still operating their own land based casino. You can verify this by checking the owner of online casino since most them is venture companies for gambling.

It’s contradicting for them to launch their own online casino with same brand since their customers might just play online and make their physical investments worthless.

[YOSHIE]

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.

My guess is, maybe over time and some of the technological advances that we see currently being used by online casinos, I believe physical casino innovations are made into online casinos, sure to increase users and in line with the progress of the online gambling industry, maybe they have thought about that, maybe a different brand of casino, founder of a one-man casino physical casino or online casino.

I think that currently many physical casinos are switching to online casinos, maybe we just don't know what physical casino owners are actually doing.

[abel1337]

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.

My guess is, maybe over time and some of the technological advances that we see currently being used by online casinos, I believe physical casino innovations are made into online casinos, sure to increase users and in line with the progress of the online gambling industry, maybe they have thought about that, maybe a different brand of casino, founder of a one-man casino physical casino or online casino.

I think that currently many physical casinos are switching to online casinos, maybe we just don't know what physical casino owners are actually doing.

I'm sure that online casino owners matured on playing on a physical casino. There's a posibility that they dreamed on having their own casino with the experience of the in's and out of a casino. One thing that can make their own casino without a very heavy cost of establishing real machines is to utilize the technology that we have mow which is being able to run a casino online. I also think that sooner or later, physical casinosnwill transition into an online casino.

[Docnaster]

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.

Many of the traditional land base casinos have now an online version and according to Jaz this happened mainly during covid-19 when then offline casinos suffered many loses due to unavailability of customers. During this period, the online casinos blossomed greatly and after the covid-19 lessons, many companies not only gambling now have their offline and online versions.
What seems the problem of the land based casinos is accepting cryptocurrency. Even when they have online version, they still stick to fiat.

[Beparanf]

What seems the problem of the land based casinos is accepting cryptocurrency. Even when they have online version, they still stick to fiat.

This is due to their license. Unlike the typical crypto company that use Curacao license to operate freely with crypto currency. Most of land based casino has a license limited to the country they are established. Using crypto currencies might not be included on their local license or they don’t want to invest on cryptocurrency at all since they re traditional business that typically avoid risk of volatility in cryptocurrency.

Some of them create difficulties company and register separately a casino that accepts cryptocurrency just like 1xbet and their sister company 1xbit and more.

[Blitzboy]

It is a very interesting and serious point that you are making about land-based casinos not really entering the virtual realm, despite the fact that you would expect them to do so. Why would they not want to provide online versions of their games?

Consider, however, that the reason may lay in the perceived complexity and advantages of physical engagement and real-time experiences. Creating an online platform is not exactly a simple task. It necessitates technological expertise, software, and hardware, as well as the ever-present legalities and regulations.

Your point about scams is completely valid and very serious, but don't you think that land-based casinos would prefer to keep their hands pure and stay away from the somewhat murky world of virtual gaming? Just a thought, really.

[famososMuertos]

...//:::

The fact that you do not see them with the same name or that you do not know them does not mean that they do not exist, at least some have commercial relations, but in any case it is a "legal" situation, why associate with an online casino with the same physical name if you can do it efficiently under another brand.

Surely you think about it because of the traditional brands that subsist online with the same brand as offline.

In any case, something that is quite close to what you mention happens with the WSOP[1] and WPT tournaments, to name only them, they were face-to-face tournaments, that was their main value but with the arrival of the Internet they turned the brand into online.

WPT has its app, its online page, online and face-to-face tournaments, and they are linked to physical casinos in Las Vegas.

The mythical Horsoe casino, which now has another name and was renovated, They have the venue for this main tournament[1], which through its website offered online satellites to play in person in those casinos.

Same line of idea like that, the casino at Bahamas has commercial relations with pokerstars, and if we go to the European casinos, it is the same situation, you can even play satellites in any of these popular online casinos and end up playing in The Casino Montecarlo for a satellite of $100.

So, if you don't see it, it does not mean that it does not exist or that the type of business has changed, it also means that land-based casino businesses differ from online licenses, permits, etc. So these business relationships are a kind of outsourcing, etc..

[darkangel11]

...//:::

The fact that you do not see them with the same name or that you do not know them does not mean that they do not exist, at least some have commercial relations, but in any case it is a "legal" situation, why associate with an online casino with the same physical name if you can do it efficiently under another brand.

From what I know, they do endorse online games that their own casino doesn't offer and here we are actually answering OP's question. They don't want competition because they know how addictive online gambling is and at the same time their brick and mortar casinos are more expensive to run. They aren't going to undermine their own operation by offering something like an online live casino that takes place in their location (familiar place) with the same tables and dealers. They could lose their long time clients this way.

[mu_enrico]

A casino is like a mall and the game providers like Evolution, Pragmatic, etc., are like tenants. Some successfully open up an online mall, but most of them cannot compete with the likes of Amazon or Alibaba. Why? Because they require different expertise, so you can't expect these land-based casinos to know about load balancing, servers, good UI, good mobile apps, etc., it's just too much for them. These land casinos are more focused on property and tourism, such as acquiring new strategic lands, building beautiful resorts, etc.

[shasan]

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

Though I am not sure whether they have an online version or not but I think for these they have several reasons for not operating online casinos:
1. They do not feel comfortable crypto currency
2. They do not feel comfortable online currencies
3. They do not feel secure of online platform for hack and other reasons.

[Stepstowealth]

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.

It is a business, and business decisions are difficult to take especially when there are many decision makers in the business. For you an outsider who know know nothing about running a business really, you may see some business decisions as very easy to make because of ignorance sometimes. Also diversification or branching into new environment may not always the be the best choice for every business. It takes a lot to open an online casino and manage it alongside a physical place. The expansion can either crush or uplift your business.

[Hamphser]

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/

I agree on this one on which they are really that focusing something on which they would really be able to sustain out despite on not to make out some online version.Just like you said that this is really that focusing

on tourist based or local recognition on which they wont really be needing on making up some additional field for them to operate on if they do see that offline operation is already that sufficient or really that
profitable. Thanks for giving out that link showing up those land based casinos on having their online version. Doesnt really matter that much whether they would be having online or offline version
because casino owners would really be making out such step if they do really find out if they would really be needing up some expansion or not and just like been said that it would really matter or depend
on the owner if they would really be needing it up or not or simply stick on the current operation that they do.

[noormcs5]

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 really a valid suggestion and I wonder why the casinos have not thought about it. The purpose of the casino business is to attract gamblers and make money. If the casino opens both physical and online versions of the casino, this would mean that they will attract both type of audience, the one who want to visit to a physical casino and the other one who would like to stay at home and gamble.

As the popularity of online casinos is increasing with every passing day, it is essential for physical casinos to have an online presence of their casino. Those casinos that adapt to the new changes are likely to survive as compared to those who don't like the change.