A casino is a gambling establishment that allows players to gamble and win money. Some casinos also have hotels and restaurants. The word Casino is derived from the Italian word Casin
While a modern casino may be like an indoor amusement park with lighted fountains, shopping centers and elaborate themes, the primary source of revenue for most casinos are the billions of dollars in profits raked in each year by the games of chance. Slot machines, blackjack, poker, roulette and craps are among the most popular casino games and they are what make the business profitable.
Casinos are designed to attract the maximum number of customers and generate the most revenue, usually by charging a percentage of total bets, known as the house edge. This advantage can be a small amount, or much larger, depending on the game and how it is played. A casino can also profit from other forms of gambling, such as keno and video poker, by taking a cut of the pot or charging an hourly fee.
Gambling probably predates recorded history, with primitive protodice and carved six-sided dice found in archaeological sites, but the modern casino as an entertainment complex didn’t appear until the 16th century, when Italian aristocrats began holding private parties at facilities called ridotti [Source: Schwartz]. In the early 1980s, American states started amending their antigambling laws to permit casinos, and they soon spread across Europe, most notably in Monaco, Venice and Paris.