Casino with an online and offline branch. - page 5.

$crypto$

legendary

Activity: 2394

Merit: 1049

Smart is not enough, there must be skills

Quote from: acroman08 on October 27, 2022, 02:15:48 PM

Quote from: Queentoshi on October 27, 2022, 12:37:18 PM

It is more likely for Land Based casinos to consider going online, but what are the chances that a casino that has started online will consider opening up a Land based casino in a very good gambling location? Do you think it will be good for increasing profit?

chances are low, especially knowing how expensive opening a land-based casino can be, I am pretty sure online casino owners would be reluctant to open one. as for it will be good to increase profit, this will entirely depend on where they are located, the ambience of their casino, the hospitality, how they handle their customers, etc...

Even now, many people prefer online casinos to land-based casinos, therefore those who initially did not open online casinos for it would certainly require a large fee and they would accept fiat not in crypto.

I think online casinos are more profitable than land-based casinos, with online casinos they can have more customers all over the world whereas land-based casinos only reach in close areas in the sense that they want to leave otherwise they certainly won't do gambling, online casinos more practical wherever you can do it.

Zlantann

legendary

Activity: 896

Merit: 1020

Quote from: Queentoshi on October 27, 2022, 12:37:18 PM

Are there any Casino's that are both online and have Land based locations where people can visit to gamble physically?

It is more likely for Land Based casinos to consider going online, but what are the chances that a casino that has started online will consider opening up a Land based casino in a very good gambling location? Do you think it will be good for increasing profit?

I have never seen any offline crypto casino in my location by they are many fiat offline casinos around me. I think people prefer using offline casinos in places that lack basic amenities such as power and internet facilities. Others prefer offline casinos due to some other benefits such as interpersonal relationships and the environment. Therefore, some of them can be seen in urban areas that have basic infrastructure.

It is also true to a large extent that gambling firms that operate both online and offline games would make more profit. This is because they would have more customers and greater share of the market.

rhomelmabini

hero member

Activity: 2030

Merit: 578

No God or Kings, only BITCOIN.

I think not or they just don't want to be known after all. Most crypto casinos do prefer online as it's more convenient for their users to be catered in since that what crypto was good for in the meantime. For me, this may change sometimes in the future as long as it will be adapted fully by the masses.

darkangel11

legendary

Activity: 2296

Merit: 1335

Don't let others control your BTC -> self custody

Your best bet is IGT, which mainly is a maker and operator of slot machines. They filed a patent in 2021 allowing them to use automated bitcoin payments in their machines.
They want to make slot machines with their own built in online wallets that will turn your coins into machine credits. Some of these machines should be in production if not already made.

Here's an article link https://www.coindesk.com/markets/2021/01/05/gambling-tech-giant-igt-patents-way-to-fund-bets-with-bitcoin/

acroman08

legendary

Activity: 2436

Merit: 1104

Quote from: Queentoshi on October 27, 2022, 12:37:18 PM

It is more likely for Land Based casinos to consider going online, but what are the chances that a casino that has started online will consider opening up a Land based casino in a very good gambling location? Do you think it will be good for increasing profit?

chances are low, especially knowing how expensive opening a land-based casino can be, I am pretty sure online casino owners would be reluctant to open one. as for it will be good to increase profit, this will entirely depend on where they are located, the ambience of their casino, the hospitality, how they handle their customers, etc...

avikz

legendary

Activity: 3080

Merit: 1500

Honestly I don't think we have a crypto based offline casino yet. This could be for many reasons. But we are yet to see that. However I believe some offline land based casinos have tried to go online during the COVID lockdown time to keep their revenue rolling but they are definitely not crypto based casinos.

But if I think from a profitability perspective, an online casino can be more profitable if we only compare their gambling income. Because you don't have to maintain a huge establishment and many employees. But offline casinos earn the most from food and drinks. So these are two very different proposition.

Queentoshi

sr. member

Activity: 854

Merit: 327

Are there any Casino's that are both online and have Land based locations where people can visit to gamble physically?

It is more likely for Land Based casinos to consider going online, but what are the chances that a casino that has started online will consider opening up a Land based casino in a very good gambling location? Do you think it will be good for increasing profit?

Topic: Casino with an online and offline branch. - page 5. (Read 503 times)