A Casino is a type of gambling facility where people can gamble for real money. The establishment typically features a number of gaming tables and slots, as well as restaurants and entertainment facilities.
History of Casino
A casino was probably invented in Venice during the 16th century. Gambling was a big business in that time, and Venice had a lot of money to spend on gambling. Hence, the city’s government sanctioned a place for rich people to play games of chance – the Ridotto [Source: Schwartz].
How a Casino Works
A casino is a type of gambling house that accepts all bets on games of chance within an established limit. This limits the amount a casino can lose on any one game and allows them to offer free transportation, hotel rooms and other inducements to big bettors.
The casino’s gross profit is based on the percentage of money wagered on the games they offer. This figure is called the handle.
Because casinos are places where people can spend large sums of money, there is a risk of cheating and stealing. To prevent this, they employ sophisticated surveillance systems that monitor every table and doorway. They also enforce rules of conduct and behavior that deter suspicious activity.
In addition to these basic security measures, casinos also have a specialized surveillance department that operates the closed-circuit television system known in the industry as “the eye in the sky.” They work closely with a physical security force that patrols the casino and responds to calls for assistance. The combination of these measures is very effective at preventing crime in casinos, even against the most persistent and determined criminals.