Will Atlantic City Make it Through These Tough times? Should Online Gambling Be made Legal to help?
Every gambling person know that the most popular city to gamble at on the west coast is Las vegas and the most popular spot on the east coast is Atlantic City. Now that we are seeing the recession hit even Las vegas we now know that no gambling town or city is immune from this recession pengeluaran sgp. Now even Atlantic City is starting to feel the sting from the recently troubled economic times. revenues have come down in Atlantic city to the point that many of the bigger hotels-casinos aren’t able to make their loan payments. One of the them that recently announced this is Trump Enertainment resorts. It has gotten to the port where Trump resorts is trying to renegotiate with its lenders. many feel that almost half of the big Atlantic City casinos could try to get some bankruptcy protection sometime next year.
If only the laws for online casinos would be made more laxed then most of these bigger Atlantic city casinos would shift a good portion of their revenues towards making online casinos and most current online casino operators know that its a lot less expensive to operate an online gambling site than it is for an offline or land based one. Another big Atlantic city casino that is also in some trouble is Harrah’s Entertainment Inc and they are also in some sort of deal to try to get out of the recent economic downturn by restructuring some of its long and short term debt. These are just some examples of the bigger land based casinos having trouble. Imagine what the smaller Atlantic City casinos are going through. Many analysts believe that most of these smaller casino outfits will not make it through the year 2009. Right now in Atlantic City its like a financial jungle and the law in any kind of jungle is to survive.
I still remember the many times my parents used to take me from our home in Brooklyn all the way across state to the boardwalk in Atlantic City just so we could have fun at the many different entertainment venues that they had setup for kids there. I really hope that Atlantic City could get through these tough times as i still have many fond memories of it even though i live on the east coast. The day is rapidly approaching when you could be sitting in a boring staff meeting or waiting on a train platform for your sweetheart to arrive, and win a few bucks in real money playing in an online casino on your iphone or other “smartphone. ” The mobile gaming industry is pushing hard for the day to get here as soon as possible, and it is rapidly becoming reality.
A recent study by Juniper Research estimates that mobile online gambling will be a $48 billion industry by the year 2015, with players enjoying lotteries, parimutuel betting, and the standard casino games like slots and blackjack. The smartphone is the perfect device for online betting, though in the us, users must use various work-arounds to use them successfully while legislation clarifying the legality of online betting churns its way through Congress.
One possibly enormous player in the world of mobile web gaming could be state lotteries in the us. Selling lottery tickets over the counter is not always easy, and many people are embarrassed to buy them. But buying them online is a more private transaction that more people find appealing. Adding apps for buying lottery tickets to phones is likely to draw millions of customers. The technology already exists, and is in wide use in the uk and other countries. For example, China’s VODone Lottery has nine million users, and these apps have proven extremely popular in countries in Africa and Latin America.
Some internet casinos are choosing to concentrate on smart phone users more than on other online gamblers. Surveys have shown that online bettors use their mobile phones in large numbers, and those numbers are only expected to rise over the next few years. If legal issues in the us are resolved, they will likely rise even more dramatically as people go online with their phones to play slots, poker, and other games. Adapting online gaming for mobile devices involves fitting the entire site onto the screen so that players can see the entire page at one time while they are playing.
Internet gambling is, as expected, the most popular on the best selling mobile devices, such as the iphone, the ipad, and the iphone Touch. Nokia has recently come out with four new models that make it easy for players to visit web casinos or place online sports wagers. These devices run on the Symbian operating system, which has a reputation for fast connections, making them potentially more appealing to online gamblers.