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Kambi US director: Land-based casinos are not going anywhere

Kambi US Director Max Bichsel believes retail sports betting will continue to be a "pillar" in the US market for a long time to come.

MaxBichsel

Following the early success of digital wagering in New Jersey, more states are pushing for the availability of online and mobile betting.

Bichsel, however, believes land-based casinos in the US are "not going anywhere."

Asked if the emergence of online sports wagering will lead to any cannibalisation, Bichsel told Gambling Insider: "There may be some cannibalisation but, ultimately, retail drives revenue and has a significant impact on the bottom line, as well as other parts of the business.

"These land-based casinos are not going anywhere. All over the world, there are mobile solutions existing alongside retail.

"So, until that revenue goes to zero, I don’t expect retail sports betting to go anywhere in the US; I think it will continue to be a pillar as states get comfortable with sports betting in general."

Bichsel was speaking exclusively for the March/April edition of Gaming America. Click here to read the full interview.

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