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Chicago Casinos Are a Far Cry From Las Vegas
Chicago has regulated casino gambling in its area since it began operating in 1992.
Chicago gaming is still a seller's market. With 4 destinations on the Illinois side and another quartet of properties in Northwest Indiana, gambling demands go beyond the supply. As long as the situation remains this way, Chicago residents have to live with what the present regulators choose to give them.
At some destinations, table games with a $5 minimum bet are hardly offered, but at casinos in the Chicago area, it is the exception rather than the rule. Around the country, gaming industries have sprung up in almost every state. Though casino operators cater to the specific market dynamics of the location in which they do business, some regions are more "player friendly" than others. Yet in a major metropolis like Chicago, the most emphasis remains on attracting the high rollers.
The Grand Victoria Casino in Elgin and the Horseshoe Casino in Hammond are the 2 most profitable casino operations, whose success is based on high roller table game and slot machine play. Both casinos place little emphasis on video poker and the games that they offer have weak pay tables.
Essentially, it is not worthy of comparison to Las Vegas where 2 gambling worlds have evolved, which have come to be named the locals casinos and the tourists casinos. The locals casinos stock in trade is building strong bases of regular customers among the residents of the area and a favorite among some tourists, who seek affordable table games and strong video poker inventories. The tourists casinos are the mega resorts, which cater to tourists, as well as the biggest gamblers in the world.
Tuesday, December 26 , 2006
Brian Letendre