Koolbit Partners with Cozy Games for UK Mobile Phone Casino Launch
Excessively of a thing that is good? US Casinos Are Maxing Out
Not so long ago, if you wanted to gamble in America, you made the trek out to Las Vegas, and a glamorous and exciting trek it absolutely was. Then Atlantic City got on board, and casinos that are tribal at various locales round the country. The poker boom hit, and everyone and their mother wanted to start US casinos and ride the wave that is tidal. A combination of changing mores therefore the addicting excitement of gambling on tables and devices swept America and suddenly, it seemed like every state desired to legalize what had when been largely forbidden. Dazzling revenues and 1000s of created work opportunities probably didn’t hurt the surge in gaming houses either.
But those days appear to own struck a sinkhole into the road: experts are now actually saying that the US casino market is overbuilt, and approaching saturation that is complete.
Too Competition that is much Enough Differentiation
What is caused the downward spiral? According to University of Nevada, Reno professor Mark Nichols, it’s become something of a fast-food-that’s-all-the-same environment for American casinos. Nichols claims that casinos have lost their ability ‘to out-entice somebody, because everybody is pretty much equivalent, and everybody is on the exact same playing field. [So] then it just comes down to location.’ Fitch video gaming analyst Alex Bumazhny told Bloomberg earlier in the day this month that the American brick-and-mo More
