The Casino Is Only For Entertainment
Winning streaks can be exciting, but remember to stop before you lose all your money. If you’re winning money, it’s tempting to try and increase your stakes in an effort to recover the lost money. Unfortunately, chasing your losses will only lead to more losses. Instead, stick to your budget and try again another time. And, if you’re not winning, leave. That’s a big mistake. The casino is only for entertainment.
In the United States, nearly one out of five adults visited a casino during the past year, according to surveys conducted by Harrah’s Entertainment and Roper Reports GfK NOP. The National Profile Study involved face-to-face interviews with 2,000 American adults. In 2009, the U.S. Gaming Panel mailed a survey to 100k adults; 57205 responded. Based on these surveys, casinos generate disproportionate profits, despite the fact that many of their patrons are addicted to gambling. In addition, economic studies have shown that casinos have little to no positive impact on local communities. While they attract local players, they also divert spending from other forms of entertainment in the area. In addition, the costs associated with treating problem gamblers and lost productivity due to gambling addiction often outweigh the economic benefits of casinos.
As the casino industry has become more profitable, many casinos have specialized investments in the high roller market. These patrons spend more money than the average person and gamble in separate rooms from the main casino floor. The stakes of these patrons can be in the tens of thousands of dollars. In addition to the huge profits these casinos make from high-stakes gambling, these casinos also reward their patrons with extravagant inducements such as reduced transportation fees and free drinks and cigarettes.