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Online Casino News
Casino News and Current Events

January 13, 2009 Online Casino News

Las Vegas Online?

Is it possible that the king of gambling, Las Vegas, could be looking at possibly moving to the world of online casino gambling? It seems like the answer is yes. With the recession hitting the land based casino industry much worse than the online casino industry, there is talk that perhaps the land based casinos might want to start thinking about going the route of the online casino instead.

When you walk down the Strip in Las Vegas it is apparent that the busy streets are just not as busy as they used to be. More people are turning to the online casinos for their gambling instead, as they know that it does not cost them as much, and instead of spending money on travel they can spend it on gambling. They also know that the online casinos have a much lower overhead than the land based ones and so they not only pay out larger amounts, they also pay out more often.

In what seems like a total contradiction in what they have been saying all of this time, they are now looking to embrace the online casino industry. They think that if they can get their land based casinos online, then they can start making more money. However, they cannot do that until the UIGEA is overturned, for they do not want to face prosecution from the US Department of Justice.

With many online casinos having left the market because of the lack of regulation and the prosecution that they could be facing, the land based casinos say that this could be the perfect time to strike. Get the online casino industry regulated and then load up their land based casinos online. This would give them a name that they recognize to play at, and would allow them to full a gap in both online casino offerings and much needed revenue.

 

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