How to Succeed in the Casino Business


In the 1950s, the casino industry in Nevada began to grow. Legitimate businessmen were hesitant to invest in casinos, but organized crime figures, with their hefty sums from illegal rackets, were enticed by the lucrative potential. Mafia money poured steadily into the casino business in Reno and Las Vegas. Some casino owners became personally involved with the mafia, which posed a risk to employees and patrons.

Today, casinos have advanced security measures to protect their patrons from cheating. One way is to use surveillance cameras. These cameras are installed high above the casino floor. This allows surveillance personnel to monitor the area and spot suspicious people. Additionally, players are required to keep their cards visible at all times. In addition to cameras, casinos use rules of conduct to keep patrons safe from harm.

Another way to ensure casino profitability is to understand the basic mathematics of casino games. Many casino professionals limit their progress in the industry by not understanding the mathematical concepts that govern each game. An owner of a casino might test pit bosses by asking them to identify the house advantage of a game. The majority of casino professionals would not be able to answer correctly. For a casino to succeed, its games should be fun, entertaining, and offer a reasonable chance of winning.

While baccarat and poker are the most common table games in casinos, there are many others to choose from. Dice games like Keno and Craps are also a popular choice. Aside from gambling, casinos also offer dining and beverage facilities.

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