I think land based casinos are doing great. For sure their growth has maybe not kept up with the lace it had on the 80s but really it's an industry that is still taking in millions every day in profits so I think the land based casinos will keep doing fine. A land based casinos offers an experience while an online casino is a past time. There are many advantages that land based casinos have managed to keep and I think they will continue to keep them as it's hard to translate most aspects of physical gambling online.
Obviously, land base casinos are making money, and now that the pandemic is over, they could have been seeing some profits already and who knows, they might be in the break even numbers or could have recovered from what they've lost during the lockdown. And as you have said, people still prefer to play in traditional casinos as atmosphere is very different and it offers a different kind of experience to gamblers.
Although they will really need to have more gimmicks to attract gamblers as offline is slowly eating up their way to the top of gambling. And so with that, the competition between the two is going to be very cutt-throat. Nevertheless, if they are making millions every day, so I guess the business is still going to be very good in the long run.