Are brick and mortar casinos likely to go extinct in the next 20 years?

A lot has changed in the gambling industry over the last 100 or so years, mainly as a result of a consistent period of pretty much exponential growth that has ended up pushing the industry to the forefront of the global consciousness. Of course, gambling has always been pretty popular, however, we’re really not sure as many people knew what gambling was or could engage in it as easily as today back in the 1800s for instance. 

Back then the first super casinos were popping up around Central Europe, but because the global authorities were still, by and large, slightly uncomfortable with the idea of such a wealthy gambling industry they took steps to shut it down. It wasn’t until the 20th century where places like Las Vegas were allowed to flourish, and the industry hasn’t looked back ever since. There is a new kid on the block now though, and it’s name is an online casino. What effects will this have? And are brick and mortar casinos likely to go extinct in the next 20 years? Read on to find out. 

Brick and mortar casinos in the 21st century

So, although the first brick and mortar casino was built all the way back in the 16th century, when the Venetians decided to legitimize the practice of gambling during the harvest season, it actually wasn’t until at least the 1800s that casinos started to take on the personality that they have today. In fact, the newly created casinospiele of roulette is a crucial driver of this, helping the Blanc family create a network of highly popular casinos.

It wasn’t until the 20th century, however, that brick and mortar casinos were given the opportunity to grow into what they are today. The super casinos in places like Las Vegas in the 21st century are just outrageous. These gargantuan structures are marvel in themselves, and they end up attracting countless tourists who don’t even like to gamble! 

The monolith of online casino

You would think that considering all of this, brick and mortar casinos should be in an incredibly healthy position these days, however the emergence of online casinos at the start of the 21st century has complicated matters somewhat. Nowadays there are far more people gambling online, for example, something that is mainly down to the added practicality of gambling online from the comfort of your own home. 

And things have gotten even worse over the last decade for brick and mortar casinos because mobile casinos have really kicked off too. 

Are brick and mortar casinos likely to go extinct in the next 20 years?

So, does this mean that brick and mortar casinos are likely to go extinct in the next 20 years? Well, it is difficult to tell, however one thing that is important not to forget is the huge cultural status of these establishments, something that isn’t easy to wipe away. Whilst smaller brick and mortar casinos might go extinct, we cannot imagine the huge ones to be going anywhere soon.