Online Casinos Gambling Taking Over Land Based Casinos?

May 30th, 2008

The huge increase in popularity of the various forms of online casino gambling entertainment has given to rise to the question of whether online casinos are going to replace land-based casinos. Some industry revenue figures seem to support this conclusion. In 2000, online casino gambling turnover was measured at $11.5 billion and that amount almost doubled to around $21.5 billion a scant two years later! That figure represents a total revenue of approximately $1.3 billion, which in 2005 reached more than $10 billion!

Those are some impressive figures no doubt, but when you consider that land based casino revenues still typically averages 600 billion dollars a year, it puts the state of land based casino industry into clearer perspective.

Figures are one thing, and while they do provide some insight into the state of the casino industry as a whole, they are only part of the equation. As it is, various studies show that many players still prefer to play in a “real� casino than an online one. There are still people who prefer the real world interaction provided by real casinos, so it appears that the casino as we know it will be around for a while.

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