The particularly rough winter this year within the northeastern US has caused destination gaming venues within the area to suffer lowered revenues, while resulting in increased patronage of online casinos. Atlantic City casinos report winter storms to have added to the downward spiral gambling income within the city is occupying.Meanwhile, Internet gambling sites were already siphoning some customers away gradually,as the convenience of online play inevitably continues to transform players. The difficult weather has made staying at home for entertainment at online casinos not just cheaper, but less torturous than traveling.
Boyd Gaming has said it expects up to $10 million in lost revenue on the Borgata Casino specifically as a result of harsh winter conditions.
And another series of storms continues to batter the Northeast, far later within the year than is customary. Snowbirds who travel south to circumvent the cold are rearranging plans so to stay away longer, helping Seminole casinos and race track slots parlors in Florida, but further damaging Atlantic City's customer base.
Studies show that snowy weather results in rises in play at Internet casinos. Consistent with a survey by LuckyBlackjack, winter storms may cause an increase of as high as thirty percent more players in snowed-in regions.
What the land-based casinos should be occupied with is what number of that seek shelter at online casinos stay there, never returning to land gaming.
Published on March 15, 2010 by EdBradley
Read More... [Source: Atlantic City Casino News]
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