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How Casinos Work
Episode 480

How Casinos Work

Learn more about how casinos manage to make money

Everything Everywhere Daily: History, Science, Geography, & More

October 29, 202111m 27s

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Show Notes

Casinos are fascinating places. They can make tons of money, but they don’t really have a product. While it is often called entertainment, unlike other forms of entertainment, no one is entertaining you. In fact, the entire business is really nothing more than applied mathematics. With the proper application of mathematics and a liberal dose of high-tech security and proper management, a casino can become a cash machine.

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