Gambling and Casino Gambling is the betting of money or something of material value on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods. Gaming: gambling when it is permitted by law.

1. Gambling and Casino
Gambling is the betting of money or something of
material value on an event with an uncertain
outcome with the primary intent of winning
additional money and/or material goods.
Gaming:
gambling when it is permitted by law.

2. History of Gaming
• First mentioning from ancient Chinese dynasties
(2300 B.C.)
• Ancient Egypt, archeologist found dice
• Ancient Greeks – Soldiers played dice
• Ancient Romans – making bets on sports events,
armed combatants
• Gambling came to Europe after the Crusades
(1100-1300 A.D.)
• Started with sailors of the explorers (Columbus,
etc.)
• Spanish and Portuguese sailors brought dices
and cards with them in their leisure moments

3. Condt..
• Indian shaped their own dice from fruits pits
and joined in the games
• Early American colonists developed the taste
of gambling for raising the funds to fight the
revolutionary war
• They justified the their objectives, introduced
lotteries
• These funds used for worthy causes like
municipal projects, schools, colleges,
universities establishments.

4. Condt..
• By the early nineteenth century, some places within
USA established some reputations as favorite
destination for gambling
• Got spread among native Americans & early colonists
Gambling was legalized:
– in Nevada in 1931
– in Atlantic City in 1976
– Indian gambling in 1988
– riverboat gambling reemerged in late 1990s
– Nowadays is legal in all states except Utah & Hawaii

5. Modern History of Gaming in China
• Gaming is banned everywhere in Mainland
China
• In 2002 ease of legislation and Macau, S.A.R.
(special administrative regions) of China, is
allowed to have gaming
• Gaming revenues grew at around 30% a year
between 2008-2013

6. Las Vegas vs. Macau
Las Vegas
• Size: 350 sq.km
• Number of casinos: ~80
• Average spending: $156
• Revenue in 2013: 6.5 $bn
• Famous for: entertainment
Macau
• Size: 30 sq.km
• Number of casinos: ~40
• Average spending: $1354
• Revenue in 2013: 45 $bn
• Famous for: gambling

7. Casino Games
Table games
• Baccarat,
• Blackjack,
• Craps,
• Roulette
Slot machines

8. Baccarat,

9. Blackjack

10. Craps

11. Roulette

12. Slot Machines

13. Bingo

15. Organizational Chart of Casino Hotel