In modern English a casino is a facility that houses and accommodates certain types of gambling activities. Casinos are most commonly built near or combined with hotels, restaurants, retail shopping, cruise ships and other tourist attractions. Some casinos are known for hosting live entertainment events, such as stand-up comedy, concerts, and sporting events. Use in the past, and modern use in other countries, does not necessarily involve gambling.
Gambling is legally restricted in the United States, but its availability and participation is increasing. In 2007, gaming activities generated gross revenues (the difference between the total amounts wagered minus the funds or "winnings" returned to the players) of $92.27 billion in the United States.
Top American Casino Markets by Revenue (2009 Annual Revenues)1. Las Vegas Strip $5.550 billion
2. Atlantic City $3.943 billion
3. Chicago region $2.092 billion
4. Connecticut $1.448 billion
5. Detroit $1.36 billion
6. St. Louis $1.050 billion
7. Tunica Resorts, Mississippi $997.02 million
8. Biloxi, Miss. $833.50 million
9. Shreveport, La. $779.65 million
10. Boulder Strip (Las Vegas) $774.33 million
12. Reno, Nevada $715.23 million
15. New Orleans, La. $653.05 million
18. Downtown Las Vegas $523.82 million
19. Laughlin, Nevada $492.51 million
The Nevada Gaming Control Board divides Clark County, which is coextensive with the Las Vegas metropolitan area, into seven regions for reporting purposes.
Indian gaming has been responsible for a rise in the number of casinos outside of Las Vegas and Atlantic City.
Critics of gambling claim it leads to increased political corruption, compulsive gambling and higher crime rates. Others claim that gambling is a type of regressive tax on the individuals in local economies where gambling venues are located.
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