What Is a Casino?
A casino is a place where people can play games of chance for money. It may add elaborate entertainment, shopping centers, lighted fountains, swank hotels and other luxuries to attract customers, but the vast majority of the profits come from gambling activities such as poker, roulette, baccarat, craps, keno and slot machines.
Gambling is a highly addictive activity. Even though compulsive gamblers generate only five percent of casino revenues, they are responsible for a large portion of the industry’s losses and hurt local property values. Moreover, studies show that casinos have little net economic value to the communities in which they are located.
Many casinos use a variety of tricks to entice people to gamble. For example, more than 15,000 miles of neon tubing light the casinos along the Las Vegas strip. Some casinos also offer free concerts, luxury hotel rooms and other entertainment to entice big bettors.
As a result, the modern casino is more like an indoor amusement park for adults than a place of mere gambling. In addition to entertainment and profit-making, casinos provide a social gathering place for the community. Some casinos host a variety of events such as musical shows, fashion shows and stage dramas. Others are designed to be architectural wonders, such as the Venetian resort in Macao, which is modeled after its sister city in Las Vegas and includes replicas of its canals. Other casinos are built as tourist attractions, such as the Monte Carlo resort in Monaco.