Modern Casinos & Casino Operations

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  • 0:02 Frivolity and Money Loss
  • 2:37 Casino Operations
  • 4:01 Lesson Summary
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Lesson Transcript
Instructor: Elisha Madison

Elisha is a writer, editor, and aspiring novelist. She has a Master's degree in Ancient Celtic History & Mythology and another Masters in Museum Studies.

Modern day casinos are an amusement park of adult fun. Containing gambling, restaurants, and luxurious rooms, casinos have grown into a place for everyone to gamble.

Frivolity and Money Loss

Have you ever been to Las Vegas? Most people come out of Vegas with a lot less money, but a lot of fun stories to tell. People are absolutely willing to spend money if it means they had a good time, just like people do on vacations or bungee jumping. Now, modern day casinos are using this idea to make the casino more than just a place to gamble. Las Vegas makes millions with casino hotels that are full of everything an adult needs to have fun. This can include:

  • Restaurants - Usually a collection of several places to eat to meet all levels of spending.
  • Spas - Several spas available with masseuses and other spa services to create a relaxing environment.
  • Shopping - Store provide another option for people to spend money, even if the prices are at a premium because of the location, the ease still makes people spend.
  • Bars - Free and pay for alcohol is available in most casinos. On gambling floors, they will sometime give you drinks for free, because the more alcohol you drink, the less inhibitions you have to prevent you from spending money.
  • Gambling - Gambling is a fun pastime, with machines and dealers that have made sure that the games are biased towards the house winning. However, hope is a powerful drug that keeps people playing and spending money.
  • Activities - Many large casinos have put in things like amusement parks, water parks, and even a gondola ride within the casino grounds to keep people walking by the machines on their way to other activities.
  • Entertainment - Las Vegas is as much known for their shows and concerts as they are for their gambling. The entertainment venues and stages are usually placed on sides of the gambling floor, making sure you have to walk by machines to get to your destination. This increases the probability of gambling, especially if you have to wait for the doors to open for the show.

A casino is no longer just a place to go and gamble. It is now a place where people can go and stay in a resort-like setting, or a setting with comfort and relaxation in mind, without needing to leave. Resorts are usually the only other place where this type of combination of businesses can be found.

This has made a casino an integral part of the hospitality industry, because it contains every hospitality business, making the gambling portion only minor in some instances. Hospitality is the business of creating a positive relationship between a guest and a host.

Casino Operations

Within a casino there are operations that deal with the gambling floor itself, but it all ties into the whole building and different businesses. The restaurants need to be available during high gambling hours and should be situated near the machines, so the gamblers can eat and gamble.

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