Is there a bigger threat to bricks and mortar casinos than the credit crunch? Some observers say it’s only a short matter of time before online casinos show that they are a very much a force to be reckoned with.

Las Vegas is often described as no other place on earth when it comes to the excitement of its larger than life casinos. Not far being Las Vegas is the former Portuguese colony of Macau. For years people have flocked to their casinos looking for fun, excitement and adventure, along with the hope of hitting the jackpot big time. Whilst Las Vegas has long been favoured as a venue for all over entertainment, Macau is seen as a serious bettors’ Mecca. However, over the past year, most, if not all casinos worldwide have been hit hard by the credit crunch. Players are tightening their belts, and visiting casinos is just not within their budget. The allure of exciting shows and concerts, the traditional draw card of most casinos is still not enough to entice players to the traditional betting floor.

The credit crunch however may not be the casino’s biggest threat. More and more people are today turning to online casinos due to their convenience and significant savings in not having to travel to a traditional casino. With superb realism, great bonuses and progressive jackpots, some say they are just far more desirable to that of traditional casinos. Will online casinos be the death knell to traditional casinos. Only time will tell, but the clock is ticking fast.