Online casino over physical casinos, what are the reasons?

[tvplus006]

...Apart from the reason of being able to reach more gamblers, what other reasons do you think favors opening online casinos over the physical ones?

Online casinos are accessible to players from anywhere in the world, where there is an Internet connection, 24 hours and seven days a week. In addition, online casinos pay lower taxes if they are located in offshore zones.

[Fivestar4everMVP]

...Apart from the reason of being able to reach more gamblers, what other reasons do you think favors opening online casinos over the physical ones?

Online casinos are accessible to players from anywhere in the world, where there is an Internet connection, 24 hours and seven days a week. In addition, online casinos pay lower taxes if they are located in offshore zones.

Well, in every area we choose to look at this from, online casinos are way more cost effective to start and also more advantageous when the casino have managed to find its feet, physical casinos and online casinos shouldnt be compared because an online casino is like the upgraded version of a physical casino, it's bound to be much better in every area and from what ever angle we choose to look at it from..

But like I think I've already mentioned before in one of my comments on this thread, only con I see with online casino is that they are always an easy target for scammers and every online casino have to make sure their server is well secured else, they might become a victim of hack when they least expect such to happen.

[tvplus006]

...But like I think I've already mentioned before in one of my comments on this thread, only con I see with online casino is that they are always an easy target for scammers and every online casino have to make sure their server is well secured else, they might become a victim of hack when they least expect such to happen.

The fight against fraudsters is a common problem for the entire online business and casinos are no exception to this, and given the large amounts of money that are concentrated in this area, it attracts even more attention from scammers than to any other type of business. One thing is for sure, that creating an online casino will require a lot of money, most of which will be needed for cybersecurity. But given the potentially high profits in this industry, despite the high costs of cybersecurity, this type of business continues to be highly profitable.

[danherbias07]

...Apart from the reason of being able to reach more gamblers, what other reasons do you think favors opening online casinos over the physical ones?

Online casinos are accessible to players from anywhere in the world, where there is an Internet connection, 24 hours and seven days a week. In addition, online casinos pay lower taxes if they are located in offshore zones.

Taxes. Hmmm. I don't really have the data if this is true, but I guess it is. They don't really need a big office for it, and they only need to rent an office space so that they can run their business. No taxes on land, and that's a big amount. Plus, they don't need many employees either. All they need is a super security to protect their website, some web developers, and a marketing team.
I don't think they need like 50+ employees to make it all happen because everything is working online, and one person can control like 2 different jobs.
Truly, it's cheaper to make an online casino than a physical casino. The difference is having a venue, and some people still like to be in an environment where there are lights and drinks while gambling.

[dimonstration]

...Apart from the reason of being able to reach more gamblers, what other reasons do you think favors opening online casinos over the physical ones?

Online casinos are accessible to players from anywhere in the world, where there is an Internet connection, 24 hours and seven days a week. In addition, online casinos pay lower taxes if they are located in offshore zones.

Taxes. Hmmm. I don't really have the data if this is true, but I guess it is. They don't really need a big office for it, and they only need to rent an office space so that they can run their business. No taxes on land, and that's a big amount. Plus, they don't need many employees either. All they need is a super security to protect their website, some web developers, and a marketing team.
I don't think they need like 50+ employees to make it all happen because everything is working online, and one person can control like 2 different jobs.
Truly, it's cheaper to make an online casino than a physical casino. The difference is having a venue, and some people still like to be in an environment where there are lights and drinks while gambling.

His statement is correct because offshore casino setup on gambling friendly country like Curacao will have lesser tax compared if you registered on country like EU, US and many more with strict gambling regulations.

Those regulations frequently being avoided by online casino on acquiring license are the heavy taxes being charge to online casino.

[giammangiato]

To pay less taxes for casinos on cruise ships (physical) they pay less taxes when they are sailing, as well as everything else
they sell inside the ship, when sailing.
For example, on ships the rules are very different.
The point is that online you certainly have less expenses (not by much) but security cannot be missing, the very foundation of a casino.
I would like to manage a physical casino, meet people, know their stories, spend evenings in company and carefree.

[Mr. Magkaisa]

Do you think it is true?

That's not true.
To start a new casino online a varies in cost because the features, and how big you want the casino to be in terms of options of games will determine how high it will cost you. The money for development wont cost much as you can hire developers and pay them until the project is over, where the cost lies is the technical aspect of the casino. The cost for security, fast transactions, and any other technical aspect of it. It is challenging to other online platforms.

but it will be for the starting of the business, in the loing run you will be saving a lot online than operating a  physical casino.
Though, This casino operate with hotel which is an additiional income for the owner.

starting funds: big amount needed for physical casino.
maiintenance: huge prize for the physical again.

[Akbarkoe]

The point is that online you certainly have less expenses (not by much) but security cannot be missing, the very foundation of a casino.
I would like to manage a physical casino, meet people, know their stories, spend evenings in company and carefree.

Isn't the operational cost and also the maintenance cost of a physical casino much more expensive than an online casino?
A physical casino requires many people to work so that your casino runs very well, on the other hand, an online casino you only need to work with a few people who understand the system and the game you can press wherever you are.

In terms of business, online casinos are also much better than physical casinos at this time, unless you are not looking for profit from your casino business.

[bubilas]

Physical casinos have many good advantages, unlike online casinos, for example, you must agree that going to a physical casino for some people is a whole holiday, because they know that they will come to an establishment where they will be well received, where perhaps there will be pretty girls dealing cards, there will also be many bright lights, some music, a good atmosphere and this can be compared to going to a cafe or going to the theater, and online casinos do not have any of these advantages.

[Moreno233]

...Apart from the reason of being able to reach more gamblers, what other reasons do you think favors opening online casinos over the physical ones?

Online casinos are accessible to players from anywhere in the world, where there is an Internet connection, 24 hours and seven days a week. In addition, online casinos pay lower taxes if they are located in offshore zones.

At the rate crime is happening in the world, it will even become dangerous to gamble in physical shop if you whale gambler. In some instances, you even need to be a whale gambler before it becomes a thing of security challenge. Base on my experience gambling in physical casinos, it will very difficult for an individual to win big money without people knowing about it, this is where it gets so risky with physical casinos and part of the reason a lot of will go with online casino and not physical casino.

[tvplus006]

...I don't think they need like 50+ employees to make it all happen because everything is working online, and one person can control like 2 different jobs.

You have no idea how far you are from the truth) In fact, companies such as online casinos employ a large number of employees, numbering in the thousands. So, for example, according to Wikipedia, the number of 1xBet employees is 5 thousand people. But I admit that there are smaller casinos with fewer employees, such as stake.com Whose signature you're wearing. According to LinkedIn posted on the official page Stake.com the number of employees ranges from 300 to 500 people.

[Hispo]

Physical casinos have many good advantages, unlike online casinos, for example, you must agree that going to a physical casino for some people is a whole holiday, because they know that they will come to an establishment where they will be well received, where perhaps there will be pretty girls dealing cards, there will also be many bright lights, some music, a good atmosphere and this can be compared to going to a cafe or going to the theater, and online casinos do not have any of these advantages.

Online casinos only appeal to gamblers through the visuals and the sounds of their games. While physical casinos not only go for well kept establishments and pretty music, you can also smell the scent of the gambling floor, feel the soft seats for gamblers who will spend all night sitting down playing slots, and one can also interact with those people who work for the casino and usually bring some free beers to you to keep you hooked to the games. That is something online gambling has not been able to replicate yet and that is the main reason there are still people.who get out their way in order to visit some brick and mortar casino some now and then, for the sake of feeling that whole experience first hand.

The biggest advantage of online casino is how it allows you to gamble and bet on sports pretty much from anywhere on the planet with an internet connection.

[PX-Z]

The biggest advantage of online casino is how it allows you to gamble and bet on sports pretty much from anywhere on the planet with an internet connection.

Typical purpose of digitalization, actually, too many pros but cons is, you can be hooked so easily and be addictive. Unlike physical casinos you need to at least go there not so regularly since it cost a lot lol, but the experience is great especially for extroverts, so if you have money to waste then why not. While introverts will only use its screens and internet to do fun things, so online casino is very great for them.

[Woodie]

I would prefer online platforms over the physical casino any day! First with online casino's, when you play regularly on a platform you get loyalty points and the alike which you can claim free money later...with physical casinos this is not possible...if that place gets a lot of traffic then you are likely not even not being noticed and very very perk's from such setup's.

The obvious one has to be convience, online platforms offer convince...you don't have to worry about being late or having to drive back and forth to a place where you will be leaving your money and going back home empty handed  

And lastly, I think physical casinos have so much distractions, the drinks, girl's, the noise , the people..there is just so much going on in these places... honestly online platforms win this one, no doubt.

[shasan]

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It is not a local thread, so you should post in English instead of using your local language. I hope you got the point. If not, then pardon me and read more before posting.

In general, I think it is true that building a physical casino costs much more than an online casino, building a shop or renting a building and permits to open the business in an area requires a lot of money and of course in online casinos there are no costs for that because they operate their casinos digitally, not to mention physical casino owners have to buy various equipment such as slot machines, tables and others.

In addition, as we know that physical casinos have limited reach, most likely their target market is only people who are around the casino environment while online casinos can clearly reach everyone on the internet and do not know the distance, so the conclusion in my opinion overall online casinos are indeed much more economical than physical casinos.

It is correct that the cost of an offline/physical casino is more than that of an online casino. And the promotion is also easy for online casinos, so it can be one of the reasons for this.