Online gambling specialists Jackpot247 have commented on the potential impact online gambling could have on land-based casinos now and in the future.
Casino companies have begun to realise the massive impact the rise of online gambling could eventually have on the business of land-based casinos, with some of the largest businesses in the US actually cautioning investors about the potential for online casinos to actually overtake traditional, physically attended establishments. Caesars Entertainment, who own four of Atlantic City’s twelve casinos, is one of the businesses realising how changes in the industry could affect the way they make their money.
They said: "Caesars will, and other online providers do, offer online gaming options that compete with our live poker offerings in Nevada and New Jersey. Expansion of online gaming in Nevada, the commencement and expansion of online gaming in New Jersey and the introduction of online gaming in other jurisdictions may further compete with our operations.”
Steve Norton, a Casino consultant and former vice president of Resorts Casino Hotel, said: "Online gaming should improve the bottom line profits of Atlantic City casinos, but may also reduce the need to visit a live casino,” believing that the rise of online gambling could help, rather than hurt, the overall condition of the gambling industry.
Jackpot247, who offer various online games such as live video poker and other arcade games in the UK, have responded to these warnings from companies and specialists in the US. A spokesperson for the company said:
“There’s no denying the massive impact that online gambling has had on the industry as a whole and, with the US only just dipping their toes into this world, companies are still trying to figure out where to put their energies now and going into the future. There’s no evidence to suggest that these fears will actually diminish the success of land-based casinos, and right now the world of online gambling is growing and changing every day.”
Jackpot247 designs, creates and operates live roulette games broadcast on ITV and Sky channel 86, using casino certified equipment. With the best range of online casino games, the firm also provides live black jack online, roulette, poker, arcade games and Jackpot 247 casino slots available to play online and on mobile, with a view to providing an authentic casino experience to the home. The company encourages responsible gambling and only provides games manufactured to the highest standards to ensure customer satisfaction.
This press release was distributed by ResponseSource Press Release Wire on behalf of Jackpot 247 in the following categories: Men's Interest, Entertainment & Arts, Leisure & Hobbies, for more information visit https://pressreleasewire.responsesource.com/about.