How Casinos Make Their Money, the History of the Gaming Industry and Some of Its Dark Secrets
A casino is an entertainment venue that specializes in gambling and games of chance. Modern casinos resemble indoor amusement parks with musical shows, lighted fountains and elaborate hotel designs. They rake in billions of dollars in profits each year from the millions of people who visit them. This article will take a look at how casinos make their money, the history of the gaming industry and some of its dark secrets.
The precise origins of casino gambling are unknown, but it is believed that gambling in some form has existed in almost every society throughout history. It probably began as a primitive form of lottery, with dice, cards and other devices used for game play. Modern casinos have become major tourist attractions, with large gambling facilities in Las Vegas and Atlantic City being especially popular with American tourists.
Several states have legalized casino gambling, with Nevada being the most famous for its massive Vegas resorts and New Jersey for its many Atlantic City properties. Many other cities and towns across the country have smaller casinos, often run by Native American tribes.
Modern casinos have elaborate security systems, including a physical force that patrols the floor and a specialized surveillance department that operates a high-tech “eye in the sky” system. This system is capable of watching every table, window and doorway, and can be adjusted to focus on suspicious patrons by security workers in a separate room filled with banks of surveillance monitors.