What is a Casino?
A Casino is a place where people can play various games of chance and gamble. The modern casino is like an indoor amusement park for adults, with the vast majority of entertainment (and profits for the owners) coming from gambling. Slot machines, blackjack, roulette, craps and keno provide the billions of dollars in profit raked in by casinos each year.
Casinos are regulated by government agencies to ensure their financial integrity and prevent criminal activity. They enforce security through surveillance cameras, rules of conduct and behavior, and other physical and technological measures. Casinos also employ croupiers or dealers, who are trained to spot cheating or other irregularities in card and table games.
The games played at casinos depend on the region and the local culture. In Europe, the most popular casino games are baccarat, chemin de fer, and roulette. In America, poker, blackjack and slots are the most common. Many casinos also offer traditional Far Eastern games such as sic bo and fan-tan.
All casino games have a built in advantage for the house, or “house edge,” which can vary by game and by location. Because of this, it is impossible for a patron to win more than the casino can afford to pay out. This virtual assurance of gross profit allows casinos to offer big bettors lavish inducements such as free spectacular entertainment, transportation and living quarters. It also enables them to charge a commission on the games they offer, called the vig or rake.