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| | | December 8 - When online casinos 'arrived' on the Internet around 10 years ago,
many land casino owners and operators foresaw online gambling as nothing more
than a passing fad and nothing much to worry about.
Now, a decade later, the online gambling industry is worth in the region of $10
billion a year and growing in leaps and bounds. In short, this 'fad' has become
a serious concern for operators of land casinos as an increasing number of
gamblers are turning to the safety, security and privacy of online casinos.
The big question is how will land casinos compensate for the 'loss' of profits
to their online cousins? Sure, the large casino groups keep revamping their
casino/hotel resorts, booking bigger stars for their shows and even 'upping the
ante' regarding the comping of their players.
But is this enough to keep people from switching on their PCs, choosing from
hundreds of licensed and reputable online casinos, opening a secure account,
selecting their game of choice and coin denomination of choice, and playing when
they want for how long they want?
This is indeed hard to say but remember this article in a few years from now
when your kids ask the question - what is a land casino?
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