The Casino Business Model


Originally a villa or summerhouse, a casino is now a public place where people can play games of chance. In fact, casinos are often the only place where people can gamble. However, there is a debate over the social and economic impact of gambling.

Casinos are primarily profit-driven businesses. The business model of a casino is based on a number of built-in advantages. These advantages ensure the casino’s profitability.

Typically, casinos have security measures such as cameras and surveillance. Employees keep track of game play and betting patterns, and video feeds can be reviewed after the fact.

Typical casino games include roulette, blackjack, baccarat, poker, keno, and sic bo. Some casinos also offer video poker.

Often, casinos offer complimentary drinks or other prizes to attract new customers. These incentives are called casino comps. Complimentary items are usually based on how long a customer stays at the casino.

Casinos often have cameras in the ceiling that watch every doorway and window. These cameras are used to catch any suspicious behavior.

Casinos also have cameras that record every table game. This allows table managers to keep tabs on betting patterns. They can spot a pattern of cheating, and they can catch a blatant cheater.

Some casinos even have catwalks that allow surveillance personnel to look directly down on the casino floor. These cameras are used to watch the entire casino at once.

In addition to the games of chance, casinos also offer live entertainment events. Some casinos host poker tournaments. These tournaments feature professional game tables and dealers.