Gambling is a popular sport in almost all countries around the world. Whether legal or illegal, the gambling industry has thrived, and today, each year, billions of dollars exchange hands via gambling. With so many people thronging the casinos worldwide, have you ever wondered, How much does a casino make per day?
Let’s find out.
How much does a casino make per day?
While there is no definitive way of knowing for sure, it is safe to assume that the figure would be hundreds of thousands of dollars a day. Research conducted by the University of Las Vegas almost a decade back revealed that on average, the casinos in Las Vegas make more than half a million dollars a day. Remember, this figure is almost a decade old, and since then, the gambling industry has only grown larger.
How do casinos maximize their income?
The main goal of any casino is to earn money, and the way to do that is to make you, the gambler, spend the maximum possible time on the floor. The more you remain on the floor, the more likely you are to play, and eventually, lose money. And casinos go to great lengths to make you stay, starting from freebies like lavish buffets, and free drinks and beverages served at the gambling tables, to removing clocks and windows, to make you lose perspective of time
Casino floors are notoriously cold, and this is in order to ensure that you do not feel sleepy or tired even after playing for hours at a stretch. Some casinos are even known to pump in oxygen, to reduce the fatigue in players. Casinos celebrate jackpots and big pay-outs, in order to ensure that everyone on the floor gets to know, and they start playing with a renewed zest, thinking that they could hit the next jackpot.
How much does a casino make per day? The house never loses and apparently, it always wins big as well!