How Does a Casino Affect the Local Economy?


In the 1950s, the casino business in Nevada began to grow, although legitimate businessmen were hesitant to get involved. Most states still considered casinos to be illegal, and the image of gambling as a corrupt business would deter them. Organized crime figures, however, had plenty of cash from their illegal rackets and weren’t put off by the casino’s seamy reputation. In time, casino money began to flow into Reno and Las Vegas, and mafia members were given stakes in some casinos.

Proponents of the casino point to the fact that the local unemployment rate has decreased since the casino was opened. While this may be true, the rate of unemployment in the surrounding area should be compared to the statewide rate. In addition, employment growth in the casino area is probably the result of the natural business cycle in the area, as well as changes in other industries. Nevertheless, there are still many questions about the impact of a casino on the local economy.

In land-based casinos, security cameras are installed in the ceilings to protect against fraud. Security cameras are a necessity, since the casino is an expensive place to operate. A deck of cards contains any jack, queen, or king. In addition to card stock, each gaming table has a chip tray where you can place your chips. This means that winning a game is almost as easy as counting cards. If you can predict the cards that will be dealt next, you’ll have a significant advantage over the casino.