Casinos have been around for many years in the traditional sense; and public areas used for gambling have existed for millennia. Could that all change within the next few decades? Everything from buying a home to getting a college degree can now be accomplished from the comfort of home. With that being said, it’s difficult to imagine car dealerships or university campuses disappearing. While in gambling, there’s a real question to be asked about whether or not a casino is necessary. Are Land-based Casinos Becoming a Thing of Past? Here, in this post, you will see land-based casinos become a thing of the past.
Are Land-based Casinos Becoming a Thing of Past?
1 – It’s Convenient to Gamble from Home
Today, people prefer doing things from the comfort of their own spaces. Whether it’s ordering groceries, buying clothes, banking, and even doing their full-time jobs. It is true what they say: There’s no place like home.
When it comes to other games like pokies; there are plenty of digital alternatives to the “real thing.” In fact, there’s an argument to be made that it’s the smart thing to do to play online; since the odds are usually going to be better than you’ll find in any casino.
It is a fact operating an online casino is much, much less expensive than keeping a brick-and-mortar gambling establishment running. For that reason, online casinos can offer better odds to players; and acquire some gamblers who would have previously jumped in the car and headed downtown to the casino.
Although personal preference differs; when it comes to the matchup between online gambling and physical casinos; online platforms have the edge in both their convenience and the odds they present to players.
2 – Some people don’t want to be home
It is not like some people who go to casinos are trying to get away from something at home; but sometimes, they might long for another environment and a space to be on their own. If a player likes gambling more for social interaction or considers it to be a mini “vacation,”; the online alternatives are just not going to cut it.
Of course, people visit casinos in their own towns;4 but it’s hard to imagine a place like Atlantic City or Las Vegas being supported by the locals. Gambling is an exciting activity that is meant for vacations. Even those who don’t gamble are able to see the appeal in trying their luck at the casino located within the resort they’re staying at for the weekend.
Although there are many different things you can do at home that you traditionally could not in the past. But keep in mind, that there are still stores people visit to physically shop. There are still movie theatres and many other examples that every “in-person” experience has not been replaced.
Now the real question is – how much demand will there be for in-person casinos in the future? The idea that nobody would like to go to a casino if they can gamble online seems, at best, unrealistic.
3 – Hybrid models exists already
Casinos have never been hesitant about embracing new technology. More casinos offer digital gaming options than ever before. Whether you’re playing poker, blackjack, roulette, or just any other game you can think of, there’s a video option somewhere out there on the gaming floor.
Today, casinos have recognized that although they may cost more initially not having to pay a dealer or croupier to operate the games has a financial benefit. Nobody wants to take jobs away from the casino staff, but at a time where automation is dominating all types of industries, casinos are no exception.
You might be asking, “Why would I want to go to the casino to play a game I could easily play at home?” The answer goes back to the number one reason why I think casinos will always be around in the future in some capacity. It’s a unique environment with its one quirks and entertainment value.
Whether it’s legalized sports betting, video game opportunities, or traditional casino favorites, people are always going to want to gamble. Just as people like to drink at bars instead of at home, they want to gamble at a casino rather than at home. The future of casinos is still uncertain, but it is interesting to see what solutions industry experts will come up with to counter the rise of at-home gambling.
4 – Casinos can adjust
All types of industries have had to embrace and evolve strategies to fit with today’s online-first economy. Casinos have done this by shifting more of their business online. Some of the biggest digital gambling platforms are run by the same companies that operate the big, luxurious brick-and-mortar locations in a number of different towns worldwide.
Casinos are at a turning point. It seems logical that those who determine what goes out on the gaming floor would be asking, “Do we really need all those blackjack tables?” Or better yet, “Would the space that those roulette tables occupy be better used with something else in their place?” The best part about the business model for casinos is that they’re not just in the gambling business, but they’re also in the “entertainment” business.
That means events like concerts, ostentatious, acrobatic shows, and plenty of conventions are all held at the casino. Even if more people are gambling online for real money, it’s hard to imagine a world where a live show online is going to become the public’s preference.
It’s not easy to predict the future of entertainment, but as it evolves I would be surprised if casinos don’t evolve with it. It has been proven that venues are always going to be in demand, and casinos are one of the venue types that have persisted for hundreds of years. They may look a little different in the future, but then again, they look different today than they did 100 years ago.
It is a fact, physical casinos are going to go the way of the dodo bird. It’s a near-certainty that the growth of online gaming platforms is only going to increase in the near future. As gambling laws become more lenient, the potential for growth is endless.
Experts will say that beat the experience of going to the casino to gamble, but future generations may not feel the same. It’s stored in the future, but it is prediction is that casinos will have to reinvent themselves to stay relevant.