The Casino Industry
A casino, or gaming establishment, offers patrons a variety of games of chance. Some casinos specialize in certain types of games, such as baccarat, blackjack, craps, and roulette. Others offer a more varied selection of games, including poker variants and video slots. In some cases, patrons may also be able to eliminate the inherent long-term advantage of the house in these games by applying skillful strategies. These players are known as “advantage players”.
Successful casinos take in billions of dollars each year for the investors, corporations, and Native American tribes that own and operate them. State and local governments also reap substantial revenues from casino gambling. This industry has become one of the most significant drivers of economic growth worldwide.
Casinos employ numerous techniques to deter cheating by both patrons and staff. These measures include securing the building, preventing entrance to unauthorized personnel, and monitoring activity inside and around the casinos using video cameras. Many casinos also have catwalks that allow surveillance personnel to look directly down on the tables and slot machines from above.
Most modern casinos use electronic systems to monitor the amount of money wagered on each game. These computerized systems track the movements of betting chips and can warn the casino floor managers about unusual activity. In addition, most casinos have card-swiping systems that automatically record a gambler’s spending habits. These data can be used to comp the gambler, award free or discounted games, and notify him of promotional offers.