When most people hear the word casino, they picture a Las Vegas megaresort with all its glitz, neon lights and gambling. But there is a much wider definition, which includes any building or room used for social amusements, including gambling. Casinos may also offer dining, entertainment and top-notch hotels and spas.
Like any business in a capitalist society, casinos are in it to make money. Successful ones rake in billions each year for the companies, investors and Native American tribes that own and operate them. State and local governments also reap the benefits in the form of taxes, fees and other payments.
Casinos try to lure gamblers with comps (free goods and services). Comps are based on the amount of time a player spends at the tables or slot machines and the amount of money he or she bets. Gamblers can earn free meals, drinks and shows or even limo service and airline tickets if they play for long enough and bet large amounts. A casino’s computer systems track patrons’ play to tally up comps and for other marketing purposes.
Some studies show that communities with casinos experience new economic growth because of the jobs they create. Local populations gain employment opportunities in the casinos themselves, and they help support local tourist attractions, restaurants, hotels and other businesses that cater to them. In addition, people who travel to casinos spend more money in the area than they would if they stayed at home and spent the money elsewhere.