Tag: gambling industry

How Has The UK Gambling Industry Changed Over The Last Five Years?
casino blog
29 January 2014

We all love a bit of flutter from time to time. There's nothing quite like placing a risky little bet on the Grand National or the World Cup. There are few things as uniquely exciting as that anticipation sitting in the pit of your stomach, that nervous exhilaration at your breast. There is a reason why so many people like to gamble - it is extremely satisfying.

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Will the recession hit Las Vegas more than Atlantic City?
casino blog
08 May 2011

Las Vegas and Atlantic City have been hit by the recession but whether one gambling destination has been hit more than the other is a tricky question to answer. Smaller resorts like the casinos that are located near or on Indian reservations, city centre casinos and riverboat casinos have been less affected by the recession as they do not rely so much on people coming for overnight trips as do the larger casino resorts such as Las Vegas or Atlantic City. The recession has made people think twice about travelling further afield to a resort thus it has hit both Las Vegas and Atlantic City in a much more dramatic manner.

In an attempt to attract people to Las Vegas and Atlantic City both of these multi-million dollar areas of the gambling world have increased their comps (free stuff) making a trip there more inviting to the visitor. Some casinos however, will have only increased their comps on slot machines which means that if a visitor wins $100 in one day the casino will increase this fives times to $500. Other casinos tighten their belts when a recession hits and reduce their comps on all levels of gaming.

Unlike the casinos in the Caribbean who rely on the seasons for their revenue in the gambling industry, Las Vegas and Atlantic City need the short term visitor to keep their wheels turning and both of these resorts are not betting on great returns since the recession hit them.

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