She said it remains to be seen how the surge in online and sports betting affect the casinos' overall profitability. Internet gambling and sports betting both set new records in November as gamblers continue to take advantage of more options in addition to traveling to physical casinos in order to wager. "There will never be a replacement for the in-person gaming experience, and the current relatively flat revenues from brick-and-mortar gaming may be simply evidence of a stable market.”Ī gambler plays a slot machine at the Ocean Casino Resort in Atlantic City, N.J. “Rather than diminishing the brick-and-mortar gaming revenues, internet gaming and sports betting seem to be well-received consumer products that are filling a niche for certain gamblers,” she said. By clicking Sign up, you agree to our privacy policy.īut she views it as complementary to in-person casinos instead of competing with them.
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