Economic Impact of Casinos



There are many safety measures that a casino should take to ensure the patrons’ safety and protect the property. Casino security begins on the casino floor, where employees keep an eye on the games and patrons. The dealers, for example, concentrate on their own game and have limited vision, but they’re still capable of spotting suspicious behavior. Table managers and pit bosses also watch the game floor, and are aware of betting patterns and suspicious behavior. Each employee of the casino is tracked by someone in higher positions.

One way to evaluate the economic impact of a casino is to compare the local unemployment rate to the statewide rate. This will give a more accurate picture of how the casino will affect local employment. In addition to local unemployment rate, consider the economic conditions of the area where the casino will be located. Casinos tend to attract skilled labor from other areas, so a new casino in a rural area may not result in a significant change in the local unemployment rate.

The name “casino” is derived from Italian, which means “little house”. While the modern casino is synonymous with a Las Vegas style resort, its roots are in Europe, where gambling houses were a staple of society for centuries. In fact, the first recognizable casino opened in Baden, Switzerland, in 1765. While the name “casino” is generally associated with gambling, it’s actually a general term for any building that offers gambling.