Casino
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A casino is a building that accommodates
gambling. Customers may gamble by playing slot machines
or other games of chance and some skill (e.g., craps,
roulette—for more see casino games). Game rules
usually have mathematically determined odds built in
that ensure the house retains an advantage over the
players. This advantage is called the edge. Payout is
the percentage given to players. Some statistically
even games may take a commission or tax on bets customers
make against each other (e.g. poker). Casinos are often
combined with or near hotels, restaurants and other
vacation attractions to encourage long stays.
The term originally meant a small villa,
summerhouse or pavilion built for pleasure, usually
on the grounds of a larger Italian villa or palazzo.
There are examples of such casinos at Villa Giulia and
Villa Farnese. During the 19th century, the term casino
came to include other more public buildings where pleasurable
activities, including gambling and sports, took place.
An example of this type of building is the Newport Casino.
Eventually this term in Italian now designates a bordello
(also called "casa chiusa" literally "closed
house"), while the gambling house is spelled casinò
with an accent.
Famous casinos are located in:
- Monte Carlo, Monaco
- Macau, People's Republic of China
- Las Vegas, Nevada, United States
- Atlantic City, New Jersey, United States
Heavy concentrations of casinos in
the United States are in Las Vegas, Nevada, Reno, Nevada,
Biloxi, Mississippi, Tunica, Mississippi, and Atlantic
City, New Jersey. There are also numerous casinos throughout
the country owned by Native American tribes. Foxwoods
Resort Casino, owned by the Mashantucket Pequots, with
a 315,000-square-foot (29,000 m²) casino in a 4.7-million-square-foot
(437,000 m²) resort claims to be the largest resort
casino in the world (as of 2004).
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