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The Rise Of Casinos: From the Streets of Venice to Online Giants

by Sponsored
1 year ago
in Sponsored Content
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Casinos are an aspect of human culture by now. They have become a popular form of entertainment for many people, offering a variety of games and experiences. Many lives were made and lost at a casino table. As the industry continues to evolve with advancements in technology and changing consumer preferences, ever-growing in the online world. Nowadays, you can even find a great provider who offers sportsbooks, betting exchanges, and casinos in a single account. But where did it all start?

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The History

The precise origin of gambling is unknown, but it has been present in various societies throughout history, including Ancient Mesopotamia, Greece, the Romans, Napoleon’s France, and Elizabethan England. The first known European gambling house was the Ridotto in Venice, established in 1638 by the Great Council of Venice. The establishment was closed in 1774 due to perceived impoverishment.

In American history, early gambling establishments were known as saloons, influenced by major cities like New Orleans, St. Louis, Chicago, and San Francisco. Gambling was outlawed in the early 20th century, but in 1931, Nevada legalized gambling, leading to the establishment of the first legalized casinos. In 1976, New Jersey allowed gambling in Atlantic City, becoming the US’s second-largest gambling city.

 

The Design

Design is an important part of a casino. It plays a crucial role in creating an atmosphere that is inviting and exciting for guests. A well-designed casino can enhance the overall experience and keep customers coming back for more. But there is a somber side to it as well.

Gambling tendencies are influenced by factors such as sound, odor, and lighting. Anthropologist Natasha Dow Schüll highlights Silicon Gaming’s decision to create slot machines with a universally pleasant tone. While Alan Hirsch, founder of the Smell & Taste Treatment and Research Foundation, discovered a pleasant odor released by Las Vegas slot machines that generated 50% more daily revenue to the casinos, suggesting it acted as something similar to an aphrodisiac, leading to a more aggressive form of gambling.

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A History of Crime

Casinos have been linked to organized crime, with early casinos in Las Vegas and Macau dominated by the American Mafia and Triad syndicates. In fact, studies have showed that crime incidence at a local level often doubles or triples within three years of a casino’s opening.

A 2004 US Department of Justice report found that the percentage of problem gamblers among arrested individuals was three to five times higher than in the general population. Economic studies showing a positive relationship between casinos and crime often fail to consider the visiting population, overstating the crime rate. This methodology is used due to the lack of reliable data on tourist count.

 

The Rise of Online Casinos

The online gambling industry began with the launch of “The Gaming Club” in 1994, powered by Microgaming, and the first online poker room, “Planet Poker,” in 1996. The early years were marked by controversy due to unregulated practices, leading to issues like lack of fair play and money laundering. In the late 1990s, Antigua and Barbuda passed the first online gambling legislation, allowing for casino licensing and paving the way for industry growth.


The industry continued to grow in the early 2000s, with more countries passing legislation to regulate and legalize it. However, the US faced setbacks with the Unlawful Internet Gambling Enforcement Act (UIGEA) in 2006, making it illegal for banks to process transactions for online gambling sites. By the 2010s, the industry had become a multibillion-dollar industry.

Nowadays, online casinos are a staple of every bettors life. The convenience and accessibility of online gambling have made it a popular form of entertainment for people around the world. And if you are looking for a nice new casino option for your portfolio, we recommend checking out Game2Bet. There you will find great online casino options, along with traditional sportsbook offers. So, go ahead and open a Game2bet account, good luck and good betting.


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