One thing that all casinos that have launched regulated online gambling in the United States can agree upon, is that revenues have fallen short of projections. Although projections are not being met Real Gaming — an online gambling provider — is optimistic.
Initially there were three casinos in Nevada that offered legalized and regulated online poker, but now only Caesars and South Point remain, according to VegasInc. In fact, Ultimate Poker abandoning their online poker operation gave both Caesars and South Point an additional boost in their online gambling revenues.
Real Gaming co-founder Lawrence Vaughan acknowledges that while things are off to a slower start than initially expected, that they are still optimistic. Growth is slowly but steadily on the rise. On top of that, Real Gaming points out that there are many benefits to working with a smaller casino such as South Point. There are less politics with smaller casinos, meaning that there is a bit more freedom when it comes to new products and innovations. Not only that, the slow but steady growth allows the time required to perfect the still new online gaming addition.
It’s a great interview that’s well worth the read. To check it out, click here.
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