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While musical shows, lighted fountains, shopping centers, lavish hotels and elaborate themes help draw in the guests, casinos would not exist without games of chance.
Slot machines, blackjack, roulette, craps, keno, baccarat and more provide the billions of dollars in profits raked in by U.
In this article we'll look at how casinos make their money, the history behind them, what the popular games are and how they are played, what you could expect when you visit one, how casino's stay safe and the dark side of the business.
A casino is simply a public place where a variety of games of chance can be played, and where gambling is the primary activity engaged in by patrons.
The typical casino adds a host of luxuries to help attract players, including restaurants, free drinks, stage shows and dramatic scenery, but there have certainly been less lavish places that house gambling activities.
These would still technically be called casinos. A truly enormous amount of money changes hands at casinos every year.
While there are certainly big winners at the gaming tables every now and then, the only sure winner in a casino is the owner. Casinos make money because every game they offer has a built in statistical advantage for the casino.
That edge can be very small lower than two percent , but over time and the millions of bets placed by casino patrons, that edge earns the casino enough money to build elaborate hotels, fountains, giant pyramids, towers and replicas of famous landmarks.
The casino advantage is known as the "vig" short for vigorish or the rake , depending on the game. The exact number can vary based on how the player plays the game and whether the casino has set different payouts for video poker or slot machines.
As of , only two U. Utah and Hawaii [Source: Every other state either has state-sanctioned casinos or Native American gaming.
In American history, early gambling establishments were known as saloons. The creation and importance of saloons was greatly influenced by four major cities: New Orleans , St.
Louis , Chicago and San Francisco. It was in the saloons that travelers could find people to talk to, drink with, and often gamble with.
During the early 20th century in America, gambling became outlawed and banned by state legislation and social reformers of the time. However, in , gambling was legalized throughout the state of Nevada.
America's first legalized casinos were set up in those places. Most jurisdictions worldwide have a minimum gambling age 16 to 21 years of age in most countries which permit the operation of casinos.
Customers gamble by playing games of chance , in some cases with an element of skill, such as craps , roulette , baccarat , blackjack , and video poker.
Most games played have mathematically determined odds that ensure the house has at all times an overall advantage over the players. This can be expressed more precisely by the notion of expected value , which is uniformly negative from the player's perspective.
This advantage is called the house edge. In games such as poker where players play against each other, the house takes a commission called the rake.
Casinos sometimes give out complimentary items or comps to gamblers. Casinos in the United States say that a player staking money won from the casino is playing with the house's money.
Video Lottery Machines slot machines have become one of the most popular forms of gambling in casinos. As of [update] investigative reports have started calling into question whether the modern-day slot-machine is addictive.
Factors influencing gambling tendencies include sound, odour and lighting. Natasha Dow Schüll, an anthropologist at the Massachusetts Institute of Technology , highlights the decision of the audio directors at Silicon Gaming to make its slot machines resonate in "the universally pleasant tone of C, sampling existing casino soundscapes to create a sound that would please but not clash".
He suggested that the scent acted as an aphrodisiac, causing a more aggressive form of gambling. Casino designer Roger Thomas is credited with implementing a successful, disruptive design for the Las Vegas Wynn Resorts casinos in He broke casino design convention by introducing natural sunlight and flora to appeal to women.
Thomas put in skylights and antique clocks, defying the commonplace notion that a casino should be a timeless space.
While there are casinos in many places, a few places have become well known specifically for gambling.
Perhaps the place almost defined by its casino is Monte Carlo, but other places are known as gambling centers. Monte Carlo Casino , located in Monte Carlo city, in Monaco , is a famous casino and a tourist attraction popular with well-off visitors.
This book is based on real people and events; however, many of those events are contested by main character Semyon Dukach. The casino was founded in as a site to gather information from foreign diplomats during the First World War.
Today it is owned by the Italian government, and operated by the municipality. With gambling laws being less strict than in Italy and Switzerland, it is among most popular gambling destination besides Monte Carlo.
The income from the casino is sufficient for the operation of Campione without the imposition of taxes, or obtaining of other revenue.
The former Portuguese colony of Macau , a special administrative region of China since , is a popular destination for visitors who wish to gamble.
This started in Portuguese times, when Macau was popular with visitors from nearby British Hong Kong , where gambling was more closely regulated.
The Venetian Macao is currently the largest casino in the world. The Casino Estoril , located in the municipality of Cascais , on the Portuguese Riviera , near Lisbon , is the largest casino in Europe by capacity.
During the Second World War , it was reputed to be a gathering point for spies , dispossessed royals , and wartime adventurers; it became an inspiration for Ian Fleming 's James Bond novel Casino Royale.
Singapore is an up-and-coming destination for visitors wanting to gamble, although there are currently only two casinos both foreign owned , in Singapore.
The Resorts World Sentosa has the world's largest oceanarium. With currently over 1, casinos, the United States has the largest number of casinos in the world.
The number continues to grow steadily as more states seek to legalize casinos. Relatively small places such as Las Vegas are best known for gambling; larger cities such as Chicago are not defined by their casinos in spite of the large turnover.
Top American casino markets by revenue annual revenues: The Nevada Gaming Control Board divides Clark County , which is coextensive with the Las Vegas metropolitan area, into seven market regions for reporting purposes.
Native American gaming has been responsible for a rise in the number of casinos outside of Las Vegas and Atlantic City.
Given the large amounts of currency handled within a casino, both patrons and staff may be tempted to cheat and steal, in collusion or independently; most casinos have security measures to prevent this.
Security cameras located throughout the casino are the most basic measure. Modern casino security is usually divided between a physical security force and a specialized surveillance department.
The physical security force usually patrols the casino and responds to calls for assistance and reports of suspicious or definite criminal activity.
A specialized surveillance department operates the casino's closed circuit television system, known in the industry as the eye in the sky. Both of these specialized casino security departments work very closely with each other to ensure the safety of both guests and the casino's assets, and have been quite successful in preventing crime.
When it opened in , The Mirage was the first casino to use cameras full-time on all table games. In addition to cameras and other technological measures, casinos also enforce security through rules of conduct and behavior; for example, players at card games are required to keep the cards they are holding in their hands visible at all times.
Over the past few decades, casinos have developed many different marketing techniques for attracting and maintaining loyal patrons.
Many casinos use a loyalty rewards program used to track players' spending habits and target their patrons more effectively, by sending mailings with free slot play and other promotions.
Casinos have been linked to organised crime , with early casinos in Las Vegas originally dominated by the American Mafia   and in Macau by Triad syndicates.
According to some police reports, incidences of reported crime often double and triple in communities within three years of a casino opening.
It has been said that economic studies that show a positive relationship between casinos and crime usually fail to consider the visiting population at risk when they calculate the crime rate in casino areas.