2024.07.20
hard rock casino venueConnecticut, pending federal approval, is set to become the sixth iGaming state by way of its two tribes. In May, Pennsylvania’s set its third consecutive monthly gaming record. So, where’s the money coming from? Online.iGaming TrendDuring COVID-19, iGaming reasonably flourished, as the state’s land-based casinos were forced to shutter. choctaw casino kansasBut one analyst is concerned that some of the play has moved online permanently in the wake of the pandemic. “Said differently, the entertainment dollar lasts twice as long in the iCasino environment.”Deutsche Bank research concluded that land-based casinos in Pennsylvania are spending nine percent less on promos than they did during the same time period in 2019.iGaming Expansion OddsThe potential cannibalization of brick-and-mortar casino gambling caused by online platforms, Santarelli believes, will caution other states in moving to legalize internet gambling. But beyond Connecticut, the prospects are slim, Santarelli opines. sycuan casino free shuttle downstream casino joplin mibouri phone numberfree online poker video gamesCurrently, along with Pennsylvania, only New Jersey, Delaware, West Virginia, and Michigan have iGaming with interactive slot machines and table games. “We continue to question just free online slots egthow different the customer is.”Those customers, Santarelli reports, might be smart to stay home to gamble on their computer or smartphone. But Pennsylvania added two new casinos since 2019 — Live! Casino Pittsburgh, a satellite venue at the Westmoreland Mall, and Live! Casino Philadelphia, a full-scale casino resort in the city’s Stadium District.Santarelli explains that for the 12 casinos that were operating in 2019, their 2021 GGR was down 22 percent in March, 10 percent in April, and 12 percent in May. chinook winds casino careers“We continue to question just free online slots egthow different the customer is.”Those customers, Santarelli reports, might be smart to stay home to gamble on their computer or smartphone. The headlines, however, read as peachy for Pennsylvania’s gaming industry. Traffic on Pennsylvania casino floors remained light during their reopenings, as made evident in this photo last year of Parx Casino in Philadelpfree online slots egthia. black oak casino elevation seneca niagara casino poolslots at valley forge casinoBut one analyst is concerned that some of the play has moved online permanently in the wake of the pandemic. One gaming analyst says some play might have permanently moved online. But beyond Connecticut, the prospects are slim, Santarelli opines. “Said differently, the entertainment dollar lasts twice as long in the iCasino environment.”Deutsche Bank research concluded that land-based casinos in Pennsylvania are spending nine percent less on promos than they did during the same time period in 2019.iGaming Expansion OddsThe potential cannibalization of brick-and-mortar casino gambling caused by online platforms, Santarelli believes, will caution other states in moving to legalize internet gambling. Compared with 2019, gross gaming revenue (GGR) in 2021 at the state’s 14 commercial casinos was down 12 percent in March, up one percent in April, and down three percent in May. But Pennsylvania added two new casinos since 2019 — Live! Casino Pittsburgh, a satellite venue at the Westmoreland Mall, and Live! Casino Philadelphia, a full-scale casino resort in the city’s Stadium District.Santarelli explains that for the 12 casinos that were operating in 2019, their 2021 GGR was down 22 percent in March, 10 percent in April, and 12 percent in May. cashman casino ibues xfinity live casino hours |