The history of Vegas gambling dates back over 100 years. It was started by explorers and seekers who settled in the area during the gold rush age. Vegas gambling has severally been banned but often bounced back being stronger. Las Vegas today is a highly populated city in Nevada and is home to one of the highest numbers of land-based casinos.
The city is home to a wide range of casino hotels and resorts. Vegas is not the only place in the US where people go to gamble today. Nearly all states have legalized online gambling, which has had an impact on Vegas gambling. Here is about the rise of gambling apps and their effects on the Vegas gambling industry:
More people gambling on mobile devices
For many years, people have associated Vegas with gambling. Every time an individual mentioned gambling a few years ago, probably the first idea that came to their mind was Vegas. Within the last decade, the scene has drastically changed. More and more states have legalized online gambling.
Apps developers, on the other hand, have created attractive gambling apps for use on mobile devices. Every gambler in America can access casinos on their mobile devices and gamble from any place and at any time.
Fewer visits to Las Vegas
Not long ago, visitors would flock to Las Vegas from all over the world. Apart from tourism, they aimed to try their luck at a Las Vegas casino. People would be ready for a vacation to the city several months in advance. They would create a budget for touring the city and another for gambling.
Due to the rise in gambling apps, things are different in Las Vegas today. Fewer people are making gambling trips to the city. The Vegas casino facilities, resorts, and hotels are recording fewer guests who come to gamble month after month.
The spread of online casinos in other states
The online gambling industry in the US is growing fast. The industry is valued at $2.2 billion and is expected to grow at a rate of 17.34% per annum for the next five years. This has been made possible by the fast action by state governments to legalize the industry.
Today, nearly every state in the US has a vibrant online casino sector. Citizens in each state no longer need to go to another state to gamble. This has contributed to fewer people visiting Las Vegas in the last few years. Before the current period, Las Vegas was getting the lion’s share from gamblers. Online casinos have changed the whole scene.
Pennsylvania online casinos are currently the best performing in terms of revenue generation. The PA online gambling has been recording a 31% growth year after year. The next best performer that comes closer to PA is New Jersey, followed by West Virginia. Nevada is still distant, which shows the significant effect online gambling has had on Las Vegas.