The Casino Industry today

Although I have never been into a casino, I have been fascinated by them since I was a small boy. Ever since watching James Bond films, the thought of entering and experiencing the luxury casino resorts, like the Monte Carlo Casino, has been a wish of mine.

But what is the casino/gambling industry actually like?

Casinos today provide very wide ranging experiences, from luxury hotel suites and high quality entertainment to fine dining restaurants, as well as the traditional gambling activities like blackjack slot machines and roulette. With such an array of activities casinos have always attracted the rich and famous, and now the less affluent will consider travelling to a casino resort (like Las Vegas) for a holiday.

For example, at La Venetian, Las Vegas, alongside the casino it offers exceptionally lavish suites (a number of them also have marble bathrooms, sunken living rooms in over 1500 feet2), more modest suites, a pool deck, The Canyon Ranch Spa Club, a Madame Tussauds and even gondola rides (well, what did you expect from a place called La Venetian).

But, why have casinos resorted to evolving into hotel and tourist attractions?

Since the industry started to decline, in several countries, after the Lehman Brothers collapse in 2008, the industry has had to look for new way in which to attract new consumers. Casino complexes are beginning to harness the growth of the bingo industry and are setting up bingo halls, live entertainment and other attractions.

I think that the expansion of casinos will attract many thousands of customers, who would never have gone to a casino for the traditional casino games. The strategy, which was formed out of necessity because of the declining numbers of people going to casinos, has shown that the industry is highly adaptable to change.

It is easy to see the lure of a casino, and if you have some spare money why not enjoy and indulge yourself?