Home	Tutorial	Online Casino Reviews	Best Online Casinos	Casino Software	Casino News

Online Casino Gambling --- Casino News

Vegas Isn't Alone

Reports are pouring in from all over the world about the global economic crises and its effects on the land casino gambling industry. The online casinos have been affected to a far lesser extent than the land gambling venues because of the pervasive nature of the internet and the different perceptions that surround internet gambling. Many gamblers feel that traveling to a land casino, paying for the gas, hotel, and food, is far less desirable right now than signing onto an online gambling site and spending a couple of hours munching on food out of the fridge. The Nevada Gaming Authority just released some statistics for November that indicate that revenues are still on a decline. And now, Atlantic City gaming officials have tallied up the city’s revenues for December – and they are just as dismal as Vegas.

The entire calendar and fiscal year was a loss for the land casinos – essentially, Atlantic City gaming stats show a nearly eight percent decline in the amount of money that the gambling venues won from gamblers. And while money gambled and won from the gamblers is very important, another factor that is not a concern for the online casinos is the amount of money made from players venturing to the resorts, dining in the restaurants and purchasing food, clothes, souvenirs and the like. With tourism down at the land casinos, it means losses from the casino portion of the company, but across the board as well.

Other regions that are feeling the pinch of the US recession include New York and Pennsylvania. These two states have an often thriving slot machine gambling industry (the casinos are not as extensive as Atlantic City in most cases) – but with the recession entering full swing even these venues are reporting mounting monthly losses.