Security at a Casino begins on the floor, where employees keep a constant eye on the games and patrons. Dealers, for example, keep their eyes on the game they’re working on and watch for any signs of cheating. Other casino employees, such as pit bosses, keep an eye on the gaming floor for betting and cheating patterns. These employees are also watched by someone higher up. Those responsible for casino security are referred to as “casino spies.”
In addition to causing financial problems for individuals and communities, the casino industry also profits from the compulsive gambling of its patrons. In fact, studies show that approximately five percent of all casino patrons are addicted, and these individuals account for as much as 25 percent of the casino’s total revenue. Even though casinos are primarily a source of entertainment for local residents, their negative impact on the community has been documented in several economic studies. Since casinos primarily attract players from the surrounding area, they shift money from other local entertainment options. The cost of treating problem gamblers and lost productivity that results from gambling addiction outweigh the economic gains from casinos, so responsible money management is important to casino success.
As a result, casinos focus their investments on high rollers, who spend far more than the average gambler. These players generally play in special rooms separate from the main casino floor and stake amounts of several hundred thousand dollars. In addition to being high rollers, casinos also receive lavish personal attention and comps worth millions of dollars. These rewards have led to many casino owners becoming billionaire moguls. If you’re interested in learning more about how casinos make money, contact a professional in the casino industry to learn more.