The Future of Traditional Casinos
Traditional casinos have been around for centuries. In fact the first casinos appeared in Italy in the 17th Century. The Ridotto was established in Venice in 1638 and provided a controlled gambling environment, by the 19th century casinos started to appear throughout Europe.
It comes as no surprise to discover that casinos date back this far. This is because forms of gambling have been in evidence throughout history. The Ancient Greeks, Romans and other societies all featured gambling games as forms of entertainment.
Now, so-called traditional casinos have become well established across the globe where gambling is legal, for many years. There are a couple of hot spots that have become world famous as gambling venues and these casino resorts have helped boost the economy.
Changing Times
Even though traditional casinos are going nowhere, they have not had it all their own way, particularly since the 1990s. During this decade the digital revolution swept the world and technology and most industries were changed forever. The gambling industry did not escape the revolution instead it embraced it. By 1996 gambling began to fully exploit the popularity of the internet. A new experiment saw casinos move from the real world to a virtual one and nobody could envisage just how popular they would be. Online casinos were such a major hit, that huge gambling brands decided to move large parts of their operations online. Now online casinos rule and have left their land-based cousins behind.
New Visions for the Future
Whilst many traditional casinos have survived the upheaval of change, many no longer pull in the punters in numbers they once did. The challenge is to appeal to a new generation whose choice is online gambling. The strengths of online casinos are numerous, punters like the huge game choice available. They like the welcome bonuses and free spins that greet them when they join. They also like the 24/7 accessibility, that online casinos offer and the anonymity of playing at these virtual venues. Furthermore, they appeal to all types of budgets.
With this in mind, traditional casinos have to gamble themselves, with new visions and ideas to attract a new generation that get their gambling kicks on the move with mobile gaming or on their computers in the comfort of their own homes. The so-called Millenials are the future of this industry and the new target market of gambling as well.
The Seeds of Change
Already the seeds of change have been planted in land-based casinos across the globe. In Las Vegas casinos are redesigning the floor layout of interiors so that they look more modern. More variety in food and beverages are sneaking in too. Millenials haven’t taken to gambling in casinos like previous generations, so more non-gambling entertainment is needed to attract them into a casino in the first instance. The Palazzo casino in Las Vegas has also introduced a sports bar that is aimed at a completely new cliental. All this and more is needed, if traditional casinos do not want to be left behind.