Casinos are a place where people gamble. They can be fun, but they can also be extremely dangerous to your financial health. That’s why it’s important to know the tricks casinos use to keep you gambling.
Casinos generate enormous tax revenue for their home cities and attract visitors who spend money on food, hotels, and non-gambling games. This money circulates through local economies and helps to support a number of jobs in the local community. However, the new report from the Institute for American Values argues that casinos are not doing as much good as they claim.
The report also argues that casinos increase unemployment in the areas where they are built. Although it’s true that the construction of a casino requires labor, most of this labor will not be from the local population. Instead, it will likely be brought in from outside the region as employees commute to work. This may decrease unemployment rates in urban areas but will not have the same effect on rural communities with low levels of skilled labor.
The report cites studies that show that the large majority of casino profits are generated by problem gamblers, and that the rest of the customers “are small winners who lose remorselessly.” Many casinos encourage these gamblers by creating an environment that is difficult to walk away from and by rewarding them with prizes like free rooms at adjoining hotel-casinos. In addition, many casinos have bathrooms hidden in the building or far from the gaming floor so that players will have to pass by numerous opportunities to press their luck before they can get to the restroom.