People used to dress up to fly to Las Vegas. The place hummed with excitement. Now, casinos such as our jackpot casino online have caused a seismic shift in all things Vegas.
Las Vegas has outgrown a lot of its attractiveness. Most of the reasons have to do with the fast growth of online casino gaming here at Jackpot Capital and at other top-line online casinos. The amazing growth of online casinos is most pronounced on mobile devices.
So, What Has Happened to Las Vegas?
In short, the Las Vegas Strip is no longer the vacation hub it was once. The convenience of online casino gaming, plus the comfort of playing on your soft sofa or in bed, has made the cost and hassle of going to Las Vegas not worth it for a lot of gamers.
When Did This All Start?
This started out slowly since online casinos started only in 1994, a mere 30 years ago, and back then, individuals and conventioneers all wanted to go to Vegas. It took some time for online casino gaming to catch on.
Bonuses Drove a Wedge between Players and Vegas Casinos
One development that made serious inroads into the Vegas scene was the advent of massive deposit bonuses offered by online casinos. Online casinos can offer these bonuses, and land-based casinos cannot. The reason is the wagering requirement. This is a factor of the bonus that gamers have to bet before they can withdraw winnings.
At first, land-based casino players poo poohed the bonus innovation. Some even took a bonus at an online casino and cashed out immediately, costing the online casino a lot of money. It was because of this that the wagering requirement was developed.
Land-based casinos are not able to offer big bonuses because very few players can complete the wagering requirement before going back home.
Gamers Love the Bonuses We Offer
Deposit bonuses at online casinos often run into thousands of dollars. Every casino has its own signature promotion involving deposit bonuses. The signature promotion at Jackpot Capital is Glamma’s Adventures with Glamma’s wheel and the chance for gamers to get a deposit bonus with a rate of 220%!
Gamers here at Jackpot Capital can also vicariously travel the world with Glamma. This is a far cry from travelling to Las Vegas with all of the hassle that entails.
Word of Mouth Spreads in Favor of Online Casinos
The attack of 911 had not happened yet, so air travel was not yet the hassle it is today. Hotel rates in Vegas were still reasonable. Food was not expensive. But online casino gaming was so much more convenient and comfortable.
Online casinos have always offered more games. We never take out a game to make way for a new game. Jackpot Capital offers many variations of blackjack and video poker.
Word of mouth slowly spread the word that online casinos were a good place to play casino games, a lot more often than people could play them at Las Vegas.
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911 Made Air Travel a Horrible Experience
The attacks on 911 were terrible tragedies in themselves. Las Vegas began to slowly suffer a downturn immediately after 911 because air travel immediately became a lot less comfortable.
How many women lost an expensive bottle of perfume because the bottle had more than 3.5 ounces? How many men had to hold up their pants with their hands because TSA wanted them to take off their belts? How many people git an unwelcome pat down because they forgot to take something out of a pocket?
Bagging toiletries became just another example of the quick and profound discomfort involved in air travel.
All of these changes were made for safety, but they also gave people the idea that maybe travelling to Las Vegas could be postponed for a time, especially since there was a good online alternative.
Covid Carried a Nail with It
Land-based casinos closed. Online casinos like Jackpot Capital stayed open. People came to online casinos and liked what they saw. A lot of new Jackpot Capital gamers were former land-based casino players.
The shutdowns lasted so long that people got used to gaming online. They came to like it. Online casinos gave gamers the chance to play very often and, therefore, for relatively short periods of time.
And all of the inherent advantages of online casino gaming came to the fore. These include convenience, comfort, more games, higher payouts, and so on.
How Did Vegas Respond?
The casinos reopened only recently. And Las Vegas saw a noticeable decrease in people coming from afar to the casinos and hotels on The Strip. Here is where Las Vegas has become two different entertainment and gambling locations.
The Strip has fallen on hard times, while Downtown Las Vegas around Fremont Street is doing well.
Why is There Such a Big Difference between The Strip and Downtown?
The first really big casino on The Strip was Caesars Palace in 1966. Since then, many big casino resorts have been built at very high cost. Now, these big resort casinos have to raise prices on everything they sell in order to return even a modest profit.
This is what people know as the law of diminishing returns. If you need to raise prices in order to stay in business, you will attract fewer people. At first, the higher prices will offset the reduction in patronage, but eventually you will have to raise prices yet again.
This becomes a revolving door of price increases and reductions in people coming to the casinos. Now, a buffet meal on The Strip might cost $50. The hotels are charging resort fees, and the hotels themselves have become very expensive. A lot of people who come to The Strip expecting the former Las Vegas casino experience are seriously disappointed. With social media at everyone’s fingertips, the word is getting out that The Strip is wildly expensive and not nearly as much fun as it once was.
A person can go to the Downtown casinos and play a little without feeling like they are being gouged and can enjoy the street culture on Fremont Street.
The Keys to The Struggles of The Strip
One key to understanding the struggles the big casino resorts on The Strip are experiencing is simply that making million-dollar or billion-dollar investments is very risky.
Another element here is that these casinos have to raise prices in order to stay afloat, which causes more people to stay away.
The shutdowns caused by the COVID-19 virus certainly hurt the big Las Vegas casinos.
Finally, the very existence of online casinos, enjoying a golden era of sorts based on fantastic technology, has created a whole new niche in the casino gaming market.
The Keys to the Continuing Popularity of Jackpot Capital
One key is the aforementioned phenomenal modern technology. Another is the ease of gaming at our online casino. All of the advantages of gaming at an online casino are available at Jackpot Capital. Finally, we have to say a good word about Glamma. Gamers love Glamma and enjoy her world travels vicariously.
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