Two Divide Studies Rear Revenue Cannibalization Fears Adjoining Cedar Rapids Casino Suggestions
The opportunity opening of the casino inside city of Planks Rapids, Grand rapids could effect the state’s casino sector quite in a wrong way as the innovative venue will cannibalize revenue from already present gaming real estate online casino vs real casino , reported by two just lately published information.
The Grand rapids Racing together with Gaming Commission payment is currently thinking about three recommendations for a internet casino in the locale and is seeing and hearing opinions out of supporters and opponents of your possibility for the real money online casino games addition of your new wagering venue on the state’s current market.
Back in 2014, the wagering regulator invalidated a offer for a Plank Rapids casino submitted by way of developer Forest Rapids Growth Group predominantly due to cannibalization concerns. More significant cannibalization statistics may just as before upset the play online casino with real money applecart for your casino expansion push.
What exactly are the Reports Mention
The two stories were produced absolutely as a stand alone from one some other and while equally showed in which cannibalization scenario occur in cases where a Cedar Rapids casino is actually constructed, these differed in the scale of these cannibalization .
Here it is vital to note that will three recommendations have been submitted to the Grand rapids Racing in addition to Gaming Commission Wild Flower Cedar Rapids, Cedar Adding Central, and also Cedar Traversing on the Sea.