The Casino Business Model


Traditionally, a casino was a public place where music and dancing were held. Today, however, a casino is an indoor amusement park for adults.

The most popular games in a casino are the slot machines. These machines provide casinos with billions of dollars in profits every year. Currently, there are more than 900,000 slot machines in the U.S.

Other games include craps, roulette, and baccarat. Casinos can also provide their customers with free drinks and cigarettes.

Most casinos offer special benefits to “big bettors” including discounted airfares, free drinks, and free cigarettes. These are called comps.

Casinos also use elaborate security measures to keep customers safe. For instance, some casinos have a camera in the ceiling, which allows surveillance personnel to view all windows and doorways.

Casinos also utilize “chip tracking” which involves betting chips with built-in microcircuitry. This technology allows the casino to monitor exact amounts wagered minute by minute. The chips are tracked by computer and are monitored for statistical deviations.

A casino also has a special closed circuit television system. This system monitors all games in the casino. The video feeds are recorded and reviewed after the fact.

Casinos also have a specialized security department. This department keeps track of all employees and games. Generally, this department is categorized into a surveillance department and a security department. These departments work together to keep casinos free from crime.

A casino’s business model is designed to maximize profitability. This is accomplished by using games of chance to attract customers. It also shifts spending from other forms of entertainment in the community.