Are Vegas’ casino resorts under threat from the legalisation of online gambling?

The ongoing proliferation of online gambling has pleased millions of fans all over the world, but one aspect most people seldom consider about this newfound positive legislation is the impact it could have on real-world casino resorts. Las Vegas, in particular, has been in the spotlight recently, with many wondering what the future holds in store now that so many people are turning to the digital realm to get their gambling thrills.

So, are casino resorts in Las Vegas under threat from the legalisation of online gambling? Let’s find out.

The rise of online gambling

To get a complete picture of how the legalisation of online gambling is impacting casinos on the Strip, let’s quickly go over what’s taking place in the iGaming sphere. In a word, online gambling is blowing up. Online casinos and mobile casinos are now some of the most visited sites on the web, and this growth is snowballing.

You may well ask why this is. Well, there are a few reasons. Perhaps the main reason is the convenience that the digital realm provides. You don’t have to travel, book accommodation or worry about amenities – you don’t even have to put one foot out of your door. This is a significant advantage, and it’s one of the main factors that influences the decisions of players.

Legalisation also plays a huge role. While gambling in general is still prohibited or restricted in most parts of the world, online casinos are playable almost anywhere. Even if a location completely bans online casinos, players can, in most cases, still play at online casinos hosted in other locations.

That all goes without mentioning the reduced costs of online casinos compared to heading to Las Vegas. You can easily spend over £1,000 on a weekend trip at Las Vegas when you include accommodation and food, whereas you can spend as little as a few pounds if you play online.

Online casinos have more than just a few notable advantages over real-life establishments, and as you are about to find out, this affects hotspots like Las Vegas in quite a few ways.

Impact on Vegas casino resorts

Most of the top Vegas casinos are still just as successful as they used to be before online gambling blew up – in fact, some of them are even more popular. Many people theorise that online gambling could actually benefit hotspots like Las Vegas. People who would never have gambled before are more willing to try online casinos, and once they get a taste, they may want to get the full experience at places like Vegas.

Because of this, it’s hard to actually decipher whether or not online gambling is a boon or a detriment for casino havens like Las Vegas.

The truth likely lies somewhere in the middle. Some people who may once have gone to Las Vegas may now prefer to stay at home to get their gambling thrills, while others who would have never considered going to Vegas may now entertain the idea.

This could change in the future as technology improves. If online casinos are able to replicate everything that real-world establishments are able to offer, through advanced virtual reality or artificial intelligence, Vegas and other casino hubs may suffer. But for now, it seems like any negative effects are minimal.

The unique appeal of Las Vegas

This puts Las Vegas in a unique position where no amount of “good” technology will make a dent in its popularity. Most gamblers are still more than willing to put up with all the extra hassles that come with travelling to go to Vegas – many even enjoy the extravagance and adventure that comes with the outing.

In this way, the positives of online casinos almost become redundant. If people enjoy the process of travelling, spending large amounts of money, and all the other things that come with heading to Vegas, the growing iGaming sphere makes little to no difference.

For the time being, Las Vegas and online gambling can co-exist, perhaps even aiding each other’s development. This might not remain the case forever, but it’s hard to imagine a future where Vegas isn’t the gambling mecca of the world.

Conclusion

Please gamble responsibly.