Overview

  • Founded Date June 30, 1982
  • Industrys Sales & Business Development
  • Posted Jobs 0
  • Viewed 6

Company Description

A Brief History of the Casino

The Ancient Roots of Gambling

While the modern casino is a relatively recent invention, the act of gambling is as old as civilization itself. From ancient China to the Roman Empire, people have always been drawn to the thrill of risking something for a greater prize.

Italy’s Contribution to Gambling History

The word “casino” itself is of Italian origin, meaning “little house.” The Ridotto in Venice is widely considered the world’s first government-approved casino, created to provide a controlled environment for gambling. Its purpose was to regulate the city’s rampant gambling, though its high stakes meant only the wealthy could afford to play.

The Rise of European Spa Towns and Monte Carlo

Throughout the 1800s, casino grand casinos emerged in European spa destinations, attracting the rich and famous. The pinnacle of this era was the establishment of the iconic Monte Carlo Casino. Its creation was a strategic move to solve the financial troubles of the House of Grimaldi.

How Vegas Became the Casino Capital

In the United States, gambling was prevalent in saloons across the “Wild West” during the 19th century. This was followed by a period of moral reform that saw gambling outlawed across the country. In a bid to generate income during the Great Depression, casino Nevada made the pivotal decision to legalize gambling in 1931. This act set the stage for Las Vegas’s meteoric rise, from a dusty railroad stop to a global icon of entertainment and gaming.

The Digital Revolution: The Online Casino Era

The most recent chapter began with the rise of the World Wide Web. The first online casinos emerged in the mid-90s, offering a small selection of games to a niche audience. Today, the online casino industry is a multi-billion dollar global market, bringing the casino experience to millions of players on their computers and mobile devices.