A casino is a public place where a wide variety of games of chance can be played and gambling is the primary activity. Many casinos offer a host of luxuries to help attract and reward gamblers, including free drinks, stage shows and dramatic scenery. But even places that don’t have these amenities can still be called casinos, provided they are dedicated to gambling.
In addition to offering gambling, casinos also focus on customer service. They often reward high-spending patrons with free hotel rooms, buffet meals, tickets to shows and limo services. These perks are known as comps. The casino may calculate the total amount a gambler has spent at the establishment and determine how much money it will take to earn a certain number of comps. It is important to understand how these calculations work in order to maximize your casino experience.
Casinos are located all over the world and cater to a diverse clientele. From the elegant European spa town of Baden-Baden to the Las Vegas Strip, there are a plethora of casino options from which to choose. However, the biggest and most famous casinos in the world are in Asia, specifically Macau, which has six entries on this list compared to zero from Las Vegas.
A casino’s primary source of income is a percentage of the money wagered by customers. In the United States, it is estimated that 51 million people—a quarter of all Americans over 21—visited a casino in 2002. Some casinos are located on Native American reservations, which are exempt from state anti-gambling laws. Others are on or near cruise ships, in the Caribbean or South America. In addition, Nevada and New Jersey have legalized casinos on land.
The first casinos grew out of the tawdry underbelly of organized crime in the United States. Mob bosses controlled the illegal rackets of gambling, drug dealing and extortion and had plenty of cash for bankrolling casinos in Reno and Las Vegas. They were not content to simply provide the capital; they got involved in running the casinos themselves and took sole or partial ownership of some.
Most modern casinos have a similar look and feel to their forebears. They feature bright, sometimes gaudy colors that are designed to stimulate and distract players. Some even have no clocks on the walls because they want patrons to lose track of time and gamble longer. It is worth noting that studies show that compulsive gambling is a significant problem in many casinos and that the overall economic benefit to a community from these facilities is not nearly as great as the publicity suggests. In fact, the costs of treating gambling addiction and lost productivity by compulsive gamblers generally offset any profits that a casino generates. This has fueled some critics to suggest that casinos are a waste of resources.