In a past post I even commented a little on this subject, the reality is that in recent years physical casinos have also had to evolve so that they can compete with online casinos, the owners of physical casinos have started to add more luxury and more design modern and beautiful in their casinos, making many people more comfortable inside the physical casino and feel more willing to play at the casino again when they go to the casino for the first time. To give you an idea of how well physical casinos are doing and making a lot of profit and even surpassing online casinos, see this article which provides very relevant data about US casinos
U.S. casinos won $66.5B in 2023, their best year ever as gamblers showed no economic fear
Internet gambling generated $6.17 billion, up 22.9%. Total was 10% higher than in 2022, which itself was a record-setting year
Not even the pre-holiday shopping crunch discouraged gamblers from laying their money down: casinos won $6.2 billion in December and $17.4 billion in the fourth quarter of 2023, both of which set records.
In-person gambling remains the bread and butter of the industry. Slot machines brought in $35.51 billion in 2023, an increase of 3.8% from the previous year. Table games brought in $10.31 billion, up 3.5%.
Sports betting generated $10.92 billion in revenue, up 44.5%. Americans legally wagered $119.84 billion on sports, up 27.8% from the previous year.
source: https://english.elpais.com/economy-and-business/2024-02-20/us-casinos-won-665b-in-2023-their-best-year-ever-as-gamblers-showed-no-economic-fear.htmlAccording to the article New York’s Resorts World casino performed well, see that New York’s Resorts World casino is a very large casino, looking at it
is very large, see more details about it
https://www.thebluebook.com/iProView/360504/tutor-perini-corp/subcontractors/construction-projects/resorts-world-casino-new-york-city-488796.htmlWe might ask ourselves how something so big manages to keep running? because the cost of maintaining a casino like this is very expensive, but I believe that the answer to that question is that in online casinos there are not many rich people playing with many millions of dollars, while in these luxury physical casinos there are many rich people who play with many million dollars and lose 3 million or even 7 million dollars in just one night, now imagine if 100 rich people lost 7 million dollars in one month? it would be 700 million dollars for the coffers of the physical casino, when the physical casino pays for electricity, employee salaries, water, maintenance of machines and other operational costs, the casino's profit will still be very large. By this I mean that there is a market for physical casinos and online casinos without harming one or the other.
People will always want to go to the physical casino, just as they will play at the online casino. That's why, in my opinion, physical casinos are not threatened because of the existence of online casinos