Gambling and casino tourism definition
A casino is a facility which houses and accommodates certain types of gambling activities. The industry that deals in casinos is called the gaming industry. Casino tourism means gamblers travelling to attend casinos in different cities or countries, or it means mixing accommodation and entertainment & gambling. Destination Casinos in South Florida: and liabilities of large-scale casino gambling for our county and dependent we are on tourism and gambling.
The involvement of governments, through regulation and taxation, has led to a close connection between many governments and gaming organizations, where legal gambling provides significant government revenue, such as in Monaco or Macau, China. Such regulation generally leads to gambling tourism and illegal gambling in the areas where it is not allowed. Tourism in Swaziland and Lesotho. However, gambling tourism for leisure is still a thriving business, especially in the Asian gaming markets where most casinos are required by law to offer entertainment and hotel services. A larger footprint gambling venue will not attract more visitors on its own. New Zealand is a recent case where this appears to be happening. This text provides general information.
Casino and Gambling Industry - Statistics & Facts
Geography of Tourism and Recreation Downloads 11 Citations Abstract Gambling by tourists occurs in many places around the world. More regions and countries are establishing casinos, regarded as attractions.
How are gambling and tourism related? Why and how do casinos attract tourists? The characteristics of gambling games can be compared with the gambles of normal life, to help explain why such games are popular.
Aligning that analysis with two types of tourism, wanderlust and sunlust, leads to a conclusion that the former type is not prone to gambling games. Evidence from several countries also suggests that the proximity to a political border with a neighbouring country or province that outlaws casinos can be a factor behind the success of tourist destinations offering gambling facilities for sunlust tourists. New Zealand is a recent case where this appears to be happening.
Are Gamblers Risk Takers? Investing in the Casino-Hotel: The Atlantic City Scene. Weidenfeld and Nicholson, London Google Scholar Carr, D.: Google Scholar Crush, J. Forbidden Fruit and the Export of Vice: Tourism in Swaziland and Lesotho. Tourism in Small Developing Countries, pp.
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History[ edit ] Gambling dates back to the Paleolithic period, before written history. The earliest six-sided dice date to about BC in Mesopotamia. However, they were based on astragali dating back thousands of years earlier. In China, gambling houses were widespread in the first millennium BC where betting on fighting animals was common. Lotto games and dominoes precursors of Pai Gow appeared in China as early as the 10th century. Poker , the most popular U.
Gambling law Many jurisdictions, local as well as national, either ban gambling or heavily control it by licensing the vendors. Such regulation generally leads to gambling tourism and illegal gambling in the areas where it is not allowed.
The involvement of governments, through regulation and taxation, has led to a close connection between many governments and gaming organizations, where legal gambling provides significant government revenue, such as in Monaco or Macau, China. There is generally legislation requiring that the odds in gaming devices are statistically random , to prevent manufacturers from making some high-payoff results impossible. Since these high-payoffs have very low probability , a house bias can quite easily be missed unless the odds are checked carefully.
In some jurisdictions, the gambling age differs depending on the type of gambling. For example, in many American states one must be over 21 to enter a casino, but may buy a lottery ticket after turning Insurance[ edit ] Because contracts of insurance have many features in common with wagers, insurance contracts are often distinguished under law as agreements in which either party has an interest in the "bet-upon" outcome beyond the specific financial terms.
Nonetheless, both insurance and gambling contracts are typically considered aleatory contracts under most legal systems, though they are subject to different types of regulation.
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