Online casinos offer gamblers a better deal than brick and mortar casinos. Online casinos are not subject to the same overhead as a Las Vegas or Atlantic City Casino and therefore can offer better odds of winning and more bonuses. Traditional land-based casino attracts visitors with fancy hotels and fancy restaurants. Atlantic City became legalized for gambling in 1976. Las Vegas casinos realized that offering casino gambling was not enough to draw East Coast visitors. This was when the Las Vegas Mega-Resort was born. The Mega-Resort provides a family-friendly vacation spot. The cost of buying the land to build a resort at Las Vegas is approximately $5Billion Online casino malaysia.
Foxwoods was founded in 1986 on Indian land as a Bingo Hall. Foxwoods introduced casino table games in 1992, and slot machines were added in 1993. Atlantic City was now the same as Las Vegas. They needed to offer more then just gambling. Atlantic City tried to solve the problem the same as Las Vegas. Foxwoods was a popular destination that attracted millions and continued to grow over the 1990’s to the early 2000s. However, the economic downturn forced states to relax gambling laws. Today Foxwoods holds the title of the world’s largest casino, but their business is being taken over by smaller casinos. In an effort to attract top-of-the-line entertainment, they opened Foxwoods’ MGM. This is another expense.
Online gambling is the next stage in this cycle. Online casinos offer more convenience than any local casino so they are easier to use. Online casinos often throw money at losing businesses when they’re experiencing financial difficulties. Online casinos do it by offering bonuses to their players, not white tigers at the lobby.
Online casinos can be run from small offices, with a limited staff. These offices can be found in small countries with limited taxes and legal gambling. The software that casinos use is licensed. A telemarketing office would not be capable of telling you if there is an online casino.
Online casinos offer better than Vegas odds and bonuses for deposits due to their low overhead. How often does an online casino match your first deposit? Cybergamers are constantly in competition, and the bonus offers keep on increasing. Problem is, that online gambling in the United States is not legal. Why is this? Because it’s not taxed! This is where the problems begin.
The US Government has no interest whatsoever in any individual gambler. They are trying to reduce the money supply. The theory goes that once offshore casinos are closed, they will stop making money. The gamblers could either go back to their land-based, taxed casinos or the taxing laws would change. Online casinos will now be permitted to open if they are currently paying tax. Las Vegas is the first state to allow e-gambling in hotel rooms. Other states are trying tax internet sales. Will this be the new “Atlantic City”, where online casinos can continue to operate? Will they find a new way to solve the problem? The answer is “Yes” and the cycle will continue.