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Economy Affects Gambling Compensations: 1

Ask anyone in the land casino gambling industry about the perks of being a high-roller and the free show tickets, alcohol, rooms, and food are certainly tops on the list. The “comp culture” is prevalent at all land gambling casino and resorts all over the world and is one of the major reasons that the gamblers choose to go to land gambling venues over the online casinos.

But major comps for high-rollers, or more likely the moderately high gamblers, could slowly die out as the U.S. economy prepares for a recession and the land gambling epicenters – Atlantic City and Las Vegas have seen decreases in revenue that may lead to a need to reduce costs. The debate has really just begun as many of the top land casinos gambling companies consider reducing costs by reducing comps or keeping the comps as a way to continue to entice the high-rollers – this is something that hardly touches the online casinos gambling industry because the comp system is so different.

Online casinos certainly still have their high-roller rewards programs that entice players to the gambling sites, but it is entirely different for the land gambling industry where freebies are as much a part of gambling at a land casino as the chips themselves. The land casinos gambling industry in the U.S. reported spending $1.63 billion on comps for gamblers just last year. And as for keeping the comps in place, the argument goes both ways. Like any changes to established policy, land and online casinos gambling analysts note that keeping the status quo could be as detrimental as limiting the number, types, and qualifications for comps that the land gambling venues issue to gamblers.

For the specific pro and con arguments visit: Economy Affects Gambling Compensations: 2