How New Casinos Affect the Local Economy

Casino

A casino is a place where you can gamble and play games. It also offers many luxuries such as restaurants, free drinks and stage shows to attract customers. But while musical shows and lighted fountains help draw people into casinos, gambling is what makes them profitable. Games of chance such as roulette, blackjack, poker, baccarat and craps provide the billions in profits raked in by U.S. casinos every year.

While a casino is often synonymous with a hotel, it can also be an entertainment center or a shopping mall. In the United States, a casino can even be an entire city such as Las Vegas, which is built around the gambling industry.

Casinos are designed to be entertaining and exciting for the patrons, but they must also be safe and secure. Security starts on the floor, where dealers keep their eyes peeled for cheating. Dealers can easily spot blatant cheating such as palming, marking or switching cards or dice. Casinos also use sophisticated surveillance systems that include “eye-in-the-sky” cameras in the ceiling that can be watched from a room filled with banks of security monitors.

A major concern of local residents who oppose a casino is the potential increase in crime and unemployment in their community. But it is important to look at a variety of factors when comparing local changes in unemployment before and after a casino opens, such as population changes and statewide business conditions. Moreover, the local changes in unemployment must be compared with the overall change in the state’s unemployment rate to get an accurate picture of the impact of a new casino.