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Casino Growth in the United States

Casino

The United States has over a thousand casinos, and the number is steadily increasing as more states decide to legalize casino gambling. However, while the population of the largest cities may not be affected by casino growth, the Las Vegas Valley has the largest concentration of casinos. The Atlantic City region ranks second and the Chicago region ranks third, respectively. The casino industry in the United States generates a combined total revenue of approximately $18 billion annually, so the growth of casinos in the area is clearly beneficial.

A recent survey found that 24% of Americans visited a casino in the past year. The same number visited a casino in 1989, but it is even higher today. The average casino gambler in the United States is 46 years old, a female, and from a household with an above-average income. Many of these individuals were parents who had more free time and money to spend. This demographic is typically more likely to gamble than younger adults. And the average age of casino patrons is higher among women than men.

Although casinos accept all bets within a certain limit, patrons cannot win more than the casino can afford to lose. The mathematical expectancy of winning a casino game is higher than that of its competitors. Moreover, casinos regularly offer extravagant inducements to big bettors, such as free drinks or cigarettes. The casinos’ success can be measured by the number of people who visit a casino. In addition, a casino’s host may offer free credits, meal vouchers, or reduced-fare transportation.