Who Benefits and Who Pays When It Comes to Online Gambling

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Who Benefits and Who Pays When It Comes to Online GamblingBeyond Delaware, the states of Nevada and New Jersey have given online gambling the green light, although both of these states – unlike Delaware – also have cities where legalized gambling is big business. But a state need not have a Las Vegas or Atlantic City to benefit from online gambling. That’s why most legal experts believe it to be only a short while before most states follow suit.

This means that companies that make most of their money off of gambling—like those big hotels in Las Vegas—will be seeing a definite cut in revenues, unless they can quickly jump into the online gambling world.

Some have already made the leap, including MGM and Caesars. Others, like the Sands and Wynn Resorts, are not as keen to enter the game, which means they may begin to hurt as online gambling starts taking hold.

Casinos that have already set up shop online have obtained early dominance of the field, buying into the startups that own gambling websites and apps. These websites and apps make it easier than ever for gambling enthusiasts to fit a quick game in, where otherwise they would have to go to a physical casino.

Most of the big casinos can see the lure, especially for those who live too far from the casino to make regular trips. Casinos that have already made the investment have seen the trend and jumped on, while others are still holding their ground, hoping that the atmosphere of the casino will still encourage people to visit in person, rather than to just play at home, alone on their computers or phones.

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