Land Based and Online Casinos Face Off
Tuesday, December 14th, 2010There is a huge battle brewing in the world of online and land based gambling and it is all over the limited market involved. For a long time land based gaming was the only type of gambling available. Gamers who wanted to wager, had to travel to their nearest local casino for games. Or, they had to plan a vacation to visit a gambling center like Atlantic City or Las Vegas for their gaming needs. Land based casinos built their businesses on these visitors and tourism and over the years grew fat and happy with them. Then something happened—the rise of the internet and internet activities. Soon developers moved in on the market and translated land based games to the online market. They realized quickly that people wanted to wager online and were not afraid of taking their chances. The market became highly lucrative for gaming companies and they continued to expand. They offered even better games and better bonuses. In a lot of ways online gambling was able to offer bonuses that land based casinos had not even thought of and were not in the position to replicate. Land based casinos deal with hefty overheads. They know that their expenses are far more than online casinos are. This allowed online casinos the ability to offer those huge bonuses beyond what land based casinos could do.
Now land based casinos are truly taking task with online casinos. It is Parnes casino that is facing off against Casino848.com. Parnes’ operators claim that the online casino has been violating the EU laws regarding community with their promotions and other activities. They are concerned with the fact that Casino848.com is pushing its own gambling in the country of Greece and the area Balkans. This will surely infringe on what Parnes has until now considered their sole market. Because of this Parnes is pushing for legal action to be made against the virtual casino and hoping that new rules are instilled to make it more limited in what it can do within the market. Only time will tell what the EU’s decision on the issue is and whether or not they will offer Parnes the protection of market it desires. It could be a monumental case though and open the door for future complaints from land based gaming when it comes to online gambling casinos.

