How Casinos Affect the Local Economy



Casinos have extensive security measures. Security personnel monitor every corner and window with cameras. They are also careful not to let a person take your credit card. It’s also a good idea to keep your bank account at home. Don’t borrow money or try to win back your money. Set a time limit when you visit and consider using the pre-commitment facility. Casinos can help prevent fraud and theft by monitoring the behavior of patrons.

Some proponents of casinos point to the fact that the local unemployment rate decreased after the casino opened, although it’s not entirely clear if the casino contributed to that decrease. The local unemployment rate should also be compared to the statewide rate to see if the casino was responsible. Moreover, the growth in employment within the casino area may be a result of natural business cycles and changes in other sectors. Therefore, it’s important to compare the effects of a casino on unemployment rates in the area before and after it opens.

During the 1950s, casinos expanded in Nevada. While legitimate businessmen were wary of entering the gambling industry, organized crime figures had plenty of cash to invest. Although the casinos suffered a reputation for being shady, these figures didn’t care much about the casino’s “seasme” image. Money started flowing in and out of Reno and Las Vegas casinos, and mafia members began taking part in some of them.