CASINO

 Gambling or the Gaming Industry

o Become major force in the tourism industry
o Casino is a facility which houses and accommodates certain types of gambling activities
o Built near or combined with hotels, restaurant, retail shopping, cruise ships or other
attractions
o Also know for hosting live entertainment
 History
o The precise origin of gambling is unknown
o The Chinese recorded the first official account of the practice in 2300 BC
o From the Ancient Greeks and Romans to Napoleon's France and Elizabethan England,
much of history is filled with stories of entertainment based on games of chance
o 1638
 the Ridotto, established in Venice, Italy in 1638 to provide controlled gambling
during the carnival season.
 Casino di venezia
o American
 Casino is called Saloon
o 1931 (legalized in Las Vegas)
o 1940 -1978
 No rooms, no entertainment and other amenities
o 1978 New Jersey allowed gambling in Atlantic City, now America's second largest
gambling city
 FAMOUS LOCALES AROUND THE WORLD
o Monaco, France
o Las Vegas, USA
o Macau, China
o Singapore
o Manila, Philippines
 Casino Operations
o Table Games
 These involve wagering or betting between the casino and customer
 These include: Blackjack/twenty one, dice/craps, roulette
o Card Games
 The casino does not wager against the player but merely offers games which
player can gamble against each other with the casino providing or dealing
games
 The materials required by the player:
 Poker chips, card
 Casino relies on a fixed percentage taken from each player as its source of
revenue
o Slot Machine/Video Games
 Simulated or actual spinning reels that are activated by pull of a handle or the
push of a handle button
 Pay offs are based on a computerized random number generator program or
the alignment of the same graphics or symbols on each reel such as “three
cherries”
  Video Games
 Include video poker, video keno, video bingo or video lottery terminals
o Keno and Bingo
 Both are based on random number selections
o Race and Sports Books
 Race books feature wagering on horse track betting while sports books, features
professional and collegiate sporting events
 Example: Cock fight or Sabong
Reasons for Visiting Casinos
 People visit casinos for the following reasons:
o The Lure of Gambling
 Many people just like to gamble, wager or enter games of chance or skills
 For some it is a chance to strike it rich or win some extra pocket money
 Some thrills and excitement of winning
 To test their gambling skills against the casino
o Recreation/ Entertainment
 Escape from the stressful pressures of work
 Types of gambling
 Live entertainment in the show rooms and lounges
 Bowling, movie theaters, karaoke sing along bars, and shopping in the casino
retail outlets
o Social
 Senior and Retirees
 Social gathering
o Economic
 Operate their room division, at break even or offer low room rates to attract
gamblers
 Restaurant offer buffet to attract gambler and travelers and convention
delegates
o Curiosity/Must See Attractions
 The mega resort of Las Vegas and Atlantic City are considered the centers of the
gaming entertainment industry
 There are casino that take the form of commercially operated businesses that
are privately or publicly held
 Some are land based and riverboat
o Amenity Offerings
 Hotel/casino draw people to their health spas, hair salons, beauty parlors,
barbershops, amusement center or theme parks
 Parties and Wedding
 Showroom or Ballrooms to school ceremonies

Key Players in the Gaming Entertainment Industry

 The main participants in the gaming entertainment business are:
o Mirage Resort
 Operates in LAS VEGAS
 Casino/Hotel
 Features a Volcano that erupts
  Treasure Island Casino (theme of Pirates)
o Harrah’s Entertainment
 Is located in Reno, Lake Tahoe, Las Vegas and Laughlin, Nevada and in Atlantic
City, New Jersey
 Operate in riverboat and dockside casinos : Illinois, Louisiana, Missouri,
Mississippi and Native American Reservation
 The largest casino entertainment company in North America
o Hilton Hotels Corporation
 Is the largest gambling business in the US
 Casino hotel in Las Vegas, two in Reno, two in Atlantic City and a riverboat
casino in New Orleans
o ITT Corporation
 Focused on the hospitality, gambling and information service industries
 Its owns the Sheraton chain and Caesar’s World Inc.
o Circus Circus
 Gambling resort for middle income families
o MGM Grand
 the world’s largest casino/hotel
 Northern Australia that caters to Asian Gambles
 Develops casino in Atlantic City, New Jersey and South Africa
Career in the Casino
 Casino Manager
 Pit Manager
 Pit Clerk
 Floor person (rules)
 Dealer
 Security Officers
 Bankroll Custodians (chips)
 Cage Manager (credit)
 Casino Cage Personnel (cash payout)

PAGCOR
• To regulate all games of chance, particularly casino gaming in the country
• To raise funds for the government’s socio-civic and national development efforts
• Help boost tourism for the country