What Is a Casino?
A casino is a gambling establishment with slot machines, table games, and a sports book. There are also food and drink services and entertainment. Many casinos have loyalty programs that give players points when they spend money. These points can be exchanged for cash or used to determine a VIP status or tier, which comes with extra perks. Some casinos even offer free rooms and meals to their top players. The terms of these loyalty programs vary from casino to casino, so it is best to check out the details before signing up.
Something about casinos—maybe the fact that they attract large amounts of money—seems to encourage people to cheat, rip off or scam their way into a jackpot. That’s why casinos spend a lot of time, effort and money on security.
In a casino, you’ll usually find armed guards standing watch in the lobby, and you’ll likely see surveillance cameras mounted throughout the facility. Some of these cameras have a high-tech “eye-in-the-sky” feature that allows security personnel to monitor every table, change window and doorway at once. The cameras can be aimed to focus on suspicious patrons and can be remotely adjusted for specific surveillance purposes.
The average casino gambler in 2005 was a forty-six-year-old woman from a household with above-average income. This group made up 23% of all casino gamblers, according to the Roper Reports GfK NOP and the U.S. Gaming Panel surveys. These surveys also found that most of the average gambler’s income came from wages and salaries rather than from investment income or lottery winnings.
While some of the average gambler’s income came directly from casino gaming, the majority of the money came from other sources. The average gambler earned $26,313 per year from wages and salaries, and $28,535 came from interest, dividends and other investments. The average gambler also received $3,718 in alimony and child support payments.
Casinos depend on a steady stream of revenue from gamblers, and they try to attract the most profitable ones by offering comps, or complimentary goods and services. These can include free hotel rooms, dinners and tickets to shows. Some casinos will even provide limo service or airline tickets to their top players.
In the past, casinos often provided these perks to everyone who visited their facilities, regardless of their size or level of play. Today, however, they’re choosier about who they offer these incentives to. They’re concentrating their efforts on “high rollers”—people who spend more than the average gambler. These people often play in separate rooms that are designed to offer them more privacy and a higher level of customer service. Depending on the size of the game and the type of bet, high rollers can often gamble for millions of dollars. This makes them the target of a number of different types of fraud, including money laundering and credit card fraud. In addition, some of these players are attempting to manipulate the odds of certain games by using complex mathematical algorithms.