What is a Casino?
A casino, or gaming hall, is a place where people can gamble and enjoy other entertainment. Modern casinos are elaborate establishments with themed interior designs, musical shows and a wide variety of gambling games. Casinos make money from the billions of dollars in bets placed by patrons and also earn profit through a commission on winnings known as the rake. This advantage can be very small (lower than two percent) and is uniform across games – it only changes in games with a skill element, such as blackjack or video poker.
Gambling almost certainly predates recorded history, with primitive protodice and carved six-sided dice found in ancient archaeological sites [Source: Schwartz]. The casino as a public place where people could find a variety of ways to gamble under one roof didn’t develop until the 16th century when a gambling craze swept Europe. Wealthy Italian nobles would hold private parties at their homes, called ridotti, to play a variety of games and drink wine.
Casinos have a variety of security measures to protect their patrons and workers from cheating and stealing. These measures range from cameras to rules of conduct. Casino employees monitor the games and players to ensure that all is fair, and they are trained to spot suspicious betting patterns that may signal cheating.
Las Vegas is home to the world’s biggest casino, but they can also be found in other cities and countries. American Indian tribes are increasingly opening casinos on their reservations, which are exempt from state antigambling laws. Many of these casinos are very large, including the Foxwoods Resort Casino in Ledyard, Connecticut and the Venetian Macau in Cotai, China.