Offline casinos can also make money on drinks/snacks/entrance fee/hotels rooms. Theoretically it would be possible to run an offline casinos with loosing odds. (They don't)
Offline casinos have a much higher margin (called house edge) than online casinos. This is because they need to pay rent, business rates, salaries, security, etc. Online casinos can survive on a skeleton crew with a cloud based turn key solution. Thus their house edge is usually lower. The lower the house edge is, the more players win. The more players win, the more players you have.
Offline casinos can also make money on drinks/snacks/entrance fee/hotels rooms. Theoretically it would be possible to run an offline casinos with loosing odds. (They don't)
That's impossible for online casinos.
Offline casinos have a much higher margin (called house edge) than online casinos. This is because they need to pay rent, business rates, salaries, security, etc. Online casinos can survive on a skeleton crew with a cloud based turn key solution. Thus their house edge is usually lower. The lower the house edge is, the more players win. The more players win, the more players you have.