A casino is a gambling establishment that offers games of chance and involves betting. These facilities may have elaborate decorations, restaurants, free drinks and stage shows to attract customers. Some of these venues are devoted exclusively to gambling and are large enough to house multiple tables, while others combine gaming with non-gambling activities such as hotels, bars and swimming pools. They are located in cities and towns, on cruise ships and at racetracks and horse-racing tracks as well as in stand-alone buildings. Casinos bring in billions of dollars each year for the companies, investors and Native American tribes that operate them. They also generate significant revenue for state and local governments through taxes and fees. But compulsive gamblers often cost casinos more than they bring in, and some economists argue that the social costs of gambling far outweigh any economic benefits.

While casino gambling is legal in many states, there are still many places that do not permit it. The Hippodrome in London, for example, was opened a century ago as a venue for performances rather than as a place to gamble. Today, it is one of the most famous casinos in the world and features blackjack and roulette tables as well as a host of other amenities.

The Bellagio is another famous casino, and it is renowned for its fountain show and luxury accommodations. The casino has been featured in countless movies and TV shows and is considered to be the most beautiful in the world. But it is not the only casino with that distinction; the Casino de Monte-Carlo in Monaco and the Casino Baden-Baden in Germany are both beautiful and famous as well.