Gaming Conference Attendee Cites Competitive Threat Seen Nationwide, But Not in Valley Forge
A meeting of the National Council of Legislators from Gaming States (NCLGS) united gaming industry leaders from across the U.S. They discussed taxation rates, illegal sportsbooks, and the competition between brick-and-mortar and virtual sites. Trend analyses, including a competitively advantageous local anomaly, were covered by Howard Stutz for Indy Gaming.
On the topic of online gaming, the consensus seemed to recognize virtual bets as eating away at the profitability of onsite play.
But not all representatives reported a downside to the option.
Attendees from Boyd Gaming, for instance, had a somewhat unique view of its internet casino and its physical location, the Valley Forge Casino Resort, in King of Prussia.
Boyd SVP Blake Rampmaier told a NCLGS group that his company’s online presence has grown business at onsite Valley Forge, especially in its ability to draw players from Philadelphia.
“Bridging the [internet and land-based gaming] together is a big part of our strategy moving forward,” Rampmaier said.
“We have not seen a degradation of revenue in our brick and mortar [casino]. Customers [who] are playing online are still coming to our Pennsylvania property in full force.
“If anything, we see [the online casino] as an additional revenue stream,” he concluded.
More on the NCLGS meeting and the industry topics discussed there is at Indy Gaming.
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