Casinos and Local Governments

casino

A casino is a place where gamblers wager money or other items of value against each other. It is a popular entertainment venue, especially in Las Vegas and Atlantic City. Besides offering gambling, casinos often provide other recreational activities, such as bars and restaurants. They are also a major source of tax revenue for local governments. Many cities and towns depend on casino profits to fund critical community services, avoid government budget cuts or raise taxes elsewhere.

While most people associate casinos with the glamorous city of Las Vegas, there are a number of them in other locations throughout the United States and around the world. Some are regulated by state law, while others operate in unregulated territories. The gambling industry is very competitive, and many casinos use lavish inducements to attract high rollers. These may include free spectacular entertainment, reduced-fare transportation and elegant living quarters. In addition, most casinos are heavily staffed to promote security and prevent cheating and other crimes.

The primary concern of local officials and citizens is whether a casino will increase employment in the community. Generally, casinos employ skilled labor that requires some sort of knowledge or training, such as accounting or security. If the casino is located in an urban area with a well-qualified work force, it probably will reduce unemployment in that neighborhood. However, if the casino is in a rural area with a less skilled work force, it probably will draw workers from outside of the area and leave the local unemployment rate unchanged.