A Closer Look at Casinos
A casino, also known as a gambling establishment or a gaming hall, is a place where people can gamble. Casinos offer a variety of games that depend on chance and in some cases have an element of skill. In casinos patrons pay to play games of chance and the house makes money from these bets by charging a commission (rake). In card games where players compete against each other the casino profits from taking a percentage of each pot or by charging hourly rates.
While musical shows, lighted fountains and shopping https://novakraina.org/ centers help draw in the crowds, slots, blackjack, roulette, craps, baccarat, and other table games account for most of the billions in profits raked in by casinos every year. In this article we’ll take a closer look at how casinos work, their history and some of the more popular casino games.
Security in casinos starts on the floor, where dealers watch their tables and patrons with a critical eye to spot blatant cheating. Then there are the casino managers and pit bosses, who have a broader perspective of each game and can spot betting patterns that could signal cheating. Finally, the high-tech “eye-in-the-sky” surveillance systems allow security workers to monitor any part of a casino at once. This gives the casino an advantage over cheats, thieves and swindlers. Interestingly, the casino industry was once controlled by organized crime. Mob figures had plenty of cash from drug dealing, extortion and other legal rackets, and were willing to invest in the glamorous casinos that sprouted around Las Vegas and Reno. But federal crackdowns and the threat of losing a license at even the slightest hint of Mafia involvement forced mob bosses to pull back from the casino business. Real estate investors and hotel chains saw an opportunity to run their own casinos without mob interference.