News that the vast majority of casinos around the world are taking massive hits at the moment has prompted many to question whether the online sector is taking away much needed business from traditional casinos.
The last few weeks have seen some excellent online satellite tournaments and an array of new and exciting games. Prize money is up, even though the world economy has slowed, player numbers are being maintained and pushed ahead in many places and progressive jackpots seem to be the name of the game. So has the online sector finally broken the back of the traditional casino industry?
To understand what is happening you need to understand the types of players and the economic backdrop. Those who visit more traditional casinos will often go for the experience and the shows which run in tandem with many casinos. There are some who may well move online for greater access and variety of games but in reality the traditional casino player may well be staying at home at the moment – saving on the total cost of an evening at the casino.
Online casino players tend to be those who like to play in their spare time when they have peace and quiet to sit down online. While many online players will bet big the vast majority bet small but frequently as they look to improve their skills. As and when the economy picks up, do not be surprised to see traditional casino players return to their favourite venues.
News that the vast majority of casinos around the world are taking massive hits at the moment has prompted many to question whether the online sector is taking away much needed business from traditional casinos.