Online Gambling Not A Threat To Land-Based Casinos

Online gambling is not a detriment to revenue gains of land-based casinos, AGA confirms.
Online Gambling Not A Threat To Land-Based Casinos

The American Gaming Association (AGA) has confirmed what many poker players already know--that online gambling tends to increase participation by gamblers at land-based casinos instead of eroding the revenue at the brick-and-mortar establishments.

Internet gambling complements casino gambling because younger players who tend to be more computer-oriented than the older generation become more comfortable and familiar with gambling through their online participation and eventually find their way to the land-based casinos, AGA president and CEO Frank Fahrenkopf told the Las Vegas Sun.

Fahrenkopf spoke out following the release of the latest yearly installment of “State of the States: The AGA Survey of Casino Entertainment” that examines the casino industry in the U.S. on a state-by-state basis. The findings contradict what many Indian tribes who oppose online poker and gambling believe to be true--that legalization of Internet wagering will cause a decline in revenue at the tribal casinos.

Some interesting statistics from the survey showed that most people that gambled in 2011, 44 percent, played the lottery. Gambling at a casino was enjoyed by 27 percent of those polled, while another 23 percent admitted to "casual betting." Fifteen percent played some form of live poker--be it home games or casino action--while 8% enjoyed playing the ponies and four percent gambled online.

 

 

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About The Author

Charles Rettmuller

Charles Rettmuller

Charles has been an avid poker player for a number of years, both live and online. He holds a degree in journalism and previously worked as a reporter for a Chicago-based newspaper...

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