Foxwoods online blackjack
Web Blackjack

The CEO of Foxwoods says casino is seeking to enter online gambling.

Is online blackjack going to be the new game at Foxwoods? This well-known casino resort based in eastern Connecticut is considering entering the Internet casino market, as the management worries the upcoming legalization of web-based gambling in America may kill off the business.

Foxwoods for years has benefited from its proximity to New York metropolitan area as well as Boston. Moreover, the special privileges, granted to the Indian tribes, have resulted in near-monopolies when it came to land-based casinos in many areas.

Now, the electronic ways of gambling bring tough competition that may kill the last ”buffalos” (or casinos) off which the Indian tribes live of. The arrival of the Internet may destroy the Indian reservations the way the railroads did it back in the 19th century.

Additional worries, which trouble Foxwood strategists, are due to recent legalization of casinos in neighboring Massachusetts. However, it will take a couple of years before these open and Connecticut casinos want to be ready as casino gambling news indicate.

Overall, Foxwoods is doing very well with last year’s revenues exceeding $5 billion. Nevertheless, it is 5% less than a year before, and the Internet gambling may further eat into the revenues.

Since blackjack revenues also compose significant part of income for many casinos, some of these are also investigating mobile blackjack and how this game may take the players away from casino tables and bring the revenues to those outfits that offer good mobile gaming environments.

In fact major gambling software developers, such as Playtech and Microgaming, are coming up with increasingly better casino games. These play well on Androids and iPhones.