1 min read

What Is a Casino?

A casino (or gambling house) is an establishment for certain types of gambling. Casinos are most often found in cities and tourist destinations, but also exist on cruise ships, on Indian reservations, and even in military bases. Some casinos are incorporated as corporations, while others are owned and operated by the state or local government. A number of laws regulate and control casino gambling.

The primary way that casinos make money is by taking a percentage of the money that people bet on games like blackjack, roulette, video poker and baccarat. This money is called the vig or rake, and it adds up over time to billions of dollars that casinos earn every year. Casinos also earn money from food, drinks and other amenities. For example, many offer free shows or discounted travel packages to attract customers.

There are a lot of security controls that go into making a casino safe for people to gamble in. One is that all dealers have to wear aprons or pants without pockets, so they can’t hide chips in them. Another control is that dealers have to clear their hands when they leave a table, and whenever they move chips to and from the storage area, or chip rack. These controls are intended to keep a dealer from palming chips and walking off with them.

A casino also has to file a suspicious activity report whenever anyone seems to be violating the Bank Secrecy Act. This is typically a sign of money laundering.