The Future of Land-based Casinos: Will They Survive?

For the past few decades, the gambling industry has gone through radical changes that many of us never thought possible. Since online casinos like those listed on http://slotmine.com/online-casinos/ went mainstream, land-based casinos have been taking a beating year after year. From betting kiosks to bingo halls, brick and mortar gambling settings have seen a significant decrease in footfall through their doors.

The deterioration of the land-based casino business has been so terrible that operators and experts in the gambling market have been questioning the future of the industry. With a lot of gambling fans diverting to online casinos, is it a sign that land-based platforms could die out? Let us look at some of the factors that could give us answers or at least help us peek into the future.

How Technology Disrupted Land-Based Casinos

We are living in an age where the smartphone has disrupted various industries, with betting being among the most affected. While the number of online casino bettors via mobile websites and mobile apps has been on the rise, for the land-based casinos across, things seem to be turning sour. The latest innovations in technology allow punters to enjoy their preferred casino games on the go or at the comfort of their homes. Why would anyone skip that convenience?

Keeping Up With Changing Times

So, what does the future hold for land-based casinos? Well, while the upcoming projections for the industry seem challenging, there could be light at the end of the tunnel. Innovative land-based operators that keep up with the times will manage to remain relevant and competitive. For instance, operators can include more advanced gambling machines and combine the latest tech to keep their lobbies enticing. Thus, it’s the same technology that’s causing a shakeup in the traditional (land-based) casino industry that could well turn out to be its savior.

So, just like in any other business or industry, casinos that don’t innovate, perish. Thus, even as the sector suffers from a decrease in customers, those diligent enough to change with the times will eventually survive. With zillions of prospect gamblers available online, several casino operators currently offer apps and websites. This has provided operators with ample revenue to compensate for losses suffered at physical locations. While so many branches have been closed, technology provides unexploited potentials for the industry too.

Next-generation Tech for More Immersive Entertainment

Developing technologies like Virtual and Augmented Reality (VR and AR) may perhaps have the key to saving what in the past was seen as a dazzling way of spending the evening. VR and AR are nowadays used in gaming to offer gamblers a more immersive experience on their devices.

They can also be used to improve in-store engagement. A good instance of this is the Pokémon GO game. The game used Augmented Reality to get players outside more. The similar idea can be employed by traditional casinos to provide the ‘retail experience’ that modern spenders seek in land-based sites. Technology should be viewed as a tool, not a threat!

The Offline Experience

Sensibly though, the probability of the land-based casino industry completely disappearing soon is zero. Why? Regardless of how incredible online casinos could be, for millions of players worldwide, offline gaming remains the best.

Think of it this way- between watching a World Cup Final football match live on TV or the experience of attending the game in person, which is more thrilling? Better yet, what about listening to music versus attending live performances? From the two instances, you realize the online experience lacks much of the atmosphere of the real thing. Take a trip to Las Vegas to grasp the difference better; there’s only so far online casinos can take things.

Many years down the line, VR could enable players to relish a massive chunk of real casino experience but from home. Even so, you’ll still be sitting or standing alone in an empty room, instead of getting into the thick of things with other players, shoulder to shoulder.

Furthermore, land-based casinos are not only meant for gambling. Most players make a real event of it- socializing, having one or two drinks, dining out and all that. All these are plus points exclusive to traditional casinos.

The Best of the Two

The fact is, both online and land-based casinos have their unique advantages and disadvantages. If you consider yourself to be a casino fan, it’s worth accepting the best of both worlds. Just decide which one is the best for you at the time and progressing appropriately. Therefore in the meantime, it’s quite safe saying that the land-based casino industry isn’t going anywhere. Even though businesses are struggling to remain afloat, the entire industry is just too big, too powerful, and too popular. It can’t just curl up and vanish in the thin ai

 

Land-Based Casinos vs Online Casinos: What are the differences? 


It used to be that the only place that people could try their hand at blackjack or test their lucky number on the roulette wheel was a casino hall, made of brick and mortar. As the internet took hold and developers realized the popularity and demand for the likes of baccarat and slot machines, the games started to migrate to the virtual halls of online casinos.

It has been 15 years since the first online casino opened; technology has come a long way since 1994, and online casinos are now in abundance, so much so that online casino comparator websites have arisen to help players to decipher which casinos are the best in the UK. But what are the remaining differences between online casinos and land-based casinos?

The live casino experience

The obvious point to make is that the experience of going to land-based casinos is very different to that of online casinos. Regarding gambling opportunities and the chances to win, they both offer a similar experience, but gambling on a tablet, phone, or computer is quite different to gambling at a real felt table against a real dealer. People will make a night out of going to a land-based casino, enjoying the atmosphere and the chance to move chips and win cash.

With online casinos, the hands-on experience can be somewhat limited by comparison, but the accessibility and ease of use make the online experience more desirable to those who simply want convenient gaming and don’t want the additional expenditure that comes with going to a land-based casino, such as travel, food, and drink. A fairly new section of online casinos, the live casino section, is bridging the gap between the two forms of casino gaming and proving to be very popular.

Enhanced gambling security in-house

The convenience of online casinos can come at a price: that they become more readily available to those who may become problem gamblers. Online gamblers can set betting limits to help to enhance their personal gambling security, but some people won’t do so and will, therefore, expose themselves to possible risks.

Land-based casinos tend to be too far away for many people to find gambling opportunities on a whim, venues will remove any person who appears to be intoxicated, and they will have set maximum bet sizes. Online casinos are local to everyone and currently don’t have overly strict betting limits. Online casinos in the UK are very closely and stringently regulated, but there is a need for new restrictions on the size of bets that can be placed to help stop people from betting more than they can afford.

The variety of games

Land-based casinos are very limited on the number of games that they can host. A land-based casino can only fit as many games as its floor space will allow. On top of this, games need to be purchased, and until quite recently, the only way to upgrade the offering was to buy new games. This is to a slightly lesser extent now that digital slot machines have become more viable, but the issue of floor space and the cost of set-up are still very limiting.

Online casinos boast a tremendous variety of games, offering players chances to win across a whole host of different themed creations and twists on popular games. While online casinos do have their limits in terms of space, those limits are far greater and easier to expand than land-based casinos, which allows them to update the variety of games on offer regularly.

The continued development of online casinos

The online gambling industry is incredibly competitive, which is why websites are always keen to update their offering, add bigger and better games, offer bonuses to players, and improve in other areas as well, including complying with the Gambling Commission’s enhanced stance on consumer protection. There’s only so much that land-based casinos can do because each update will cost more money and will require upkeep.

Online casinos continue to expand the variety of games on offer and grow in popularity while the real-feel experience of land-based casinos is less sought-after, which has led to a decline in venues.