Online casinos are more affordable than brick and mortar casinos. Online casinos have lower overhead than a Las Vegas, Atlantic City casino so can offer bigger odds and greater bonuses. Traditional land-based gambling establishments attract people with fancy hotels, fine dining and lavish accommodations. Atlantic City made gambling legal in 1976. Las Vegas casinos recognized that they had to do more than just offer casino gambling to attract East Coast guests. This was how the Las Vegas Mega-Resort began. The Mega-Resort can be enjoyed by the whole family. It is now a destination for vacation. It costs $5 billion to purchase land and build a resort along the Las Vegas Strip Online casino malaysia.
Foxwoods began as an Indian bingo hall in 1986. Foxwoods expanded its casino game offerings in 1992 with the addition of slot machines and table games in 1993. Atlantic City was in the same situation as Las Vegas. They needed to offer something more than just gaming. Atlantic City was able to handle the problem just like Las Vegas. They simply threw money at the problem. Foxwoods’ location attracted millions, and they grew through the 1990s and 2000s, when the economy began to slow down. Today Foxwoods, the world’s biggest casino, is under threat from smaller casinos. To bring in top-notch entertainment, they have opened Foxwoods MGM. This too costs money.
Online gambling is next in the chain. Online casinos are much more convenient than local casino gambling, so there is no reason to be less cautious about playing. Online casinos throw money at problems when they lose business. Online casinos do this through offering bonuses to players, rather than white tigers inside the lobby.
Online casinos are usually run out of small offices employing a small staff. These offices are located within small countries that allow legal gambling and pay limited taxes. They pay licensing fees for the software they use. It is impossible to see the software in an online casino from a telephone marketing office.
Low overhead means that internet casinos offer “Better-than Vegas” odds and bonuses on deposits. How often is it that a casino located in a land-based location matches your first deposit. New cyber gamblers face fierce competition. Bonuses continue to rise. The problem with online gambling is that it is not legally legal in the United States. Why not? Because it isn’t taxed. This is where all the problems begin.
The US Government is not interested in individual gamblers. They want to stop the money flow. They think that once there is no money from offshore casinos, they will leave. Then, either the gamblers return to taxed land-based casino or the tax laws change. Casinos that currently pay tax will be permitted to open online gambling. Las Vegas allows egambling in hotel rooms. Several states have attempted to tax internet gambling. Will this make online casinos more accessible in the “Atlantic City?” They might find a different way to approach the problem. The answer to that question is yes.