What Is a Casino?
A casino, also known as a gaming house or gambling establishment, is an institution for various types of legal gambling. Casinos are most commonly built near or combined with hotels, resorts, restaurants, retail shops, and other tourist attractions. Some casinos feature live entertainment, such as stand-up comedy or concerts, and/or sports events.
The modern casino is much like an indoor amusement park for adults, with the majority of the revenue and profit coming from gambling. While musical shows, lighted fountains, shopping centers and elaborate hotel themes help to draw in the crowds, the true heart of any casino is the games of chance. Slot machines, blackjack, roulette, craps and baccarat are just some of the games available for players to try their luck at.
Because of the large amounts of money that are handled within casinos, there is always the possibility of cheating and stealing. This can occur either in collusion between patrons or independently by employees. Because of this, most casinos employ extensive security measures to deter these activities. These measures often include a combination of video surveillance and physical personnel.
In the early days of Nevada casino gambling, organized crime figures were the main financial backers. However, these mafia-linked moguls were not content with just providing the bankroll for their new enterprises. They wanted a piece of the action itself, and they began to take sole or partial ownership of many of the casinos. In addition, they exerted control over the operations by intimidating casino personnel and threatening to disrupt business.
Eventually, legitimate businessmen with deeper pockets began to realize the potential of the casino industry, and they started buying out the mob interests. The mobsters had plenty of cash from drug dealing, extortion and other illegal rackets, but federal crackdowns on mafia activity and the threat of losing their gambling licenses at even the slightest hint of mob involvement meant they could not keep their hold on the Las Vegas market forever.
Casinos have become a worldwide phenomenon, with locations in cities as diverse as London, Macau and Hong Kong. In the United States, the vast majority of casino gambling takes place in Nevada. But from the 1980s onwards, American Indian reservations and other locales where state antigambling laws did not apply have opened their doors to casinos as well.
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