Tourism is an enormous source of economic growth and development for countries open to foreigners. One of the most common attractions in any tourism destination is a casino, but not like vulkan vegas, as it is an online gaming facility. Today, we’ll explore how the land-based casino industry impacts the tourism earnings of nations.
Hotels Where Tourists Stay
There is a hotel business associated with it in almost all big-time casinos. The hotel is where the tourists book their accommodation and visit the gaming establishment afterward.
Here are some of the biggest hotel casinos in Las Vegas:
- Caesars Palace
- Green Valley Ranch
- Mandalay Bay
Did casinos always have hotels with them? No, not really. The classic gaming houses in the US or the Old West were saloons. They were pubs or bars where people could get entertainment and refreshment.
People in the gambling business eventually figured out that they could boost casino earnings if they merged it with a hotel. Tourists who want to visit the casino from far away no longer have to worry about the place of lodging.
To sweeten the deal, the hotel-casino owners give patrons a discount or benefits if they use both facilities. As such, visitors know that they have everything they need in one facility. Since there are two joints in a building, people can also expect employment from this establishment.
Restaurants Where Tourists Eat
Tourists want to explore local cuisine, and the business owners know this. Inside the building, you will typically find restaurants. These restaurants can vary from local to international cuisine. Since these restaurants offer food for anyone, not just the casino, it does attract clients from around the world. If not for the casino, the restaurant would not have opened.
The restaurant, of course, must employ people. If people have a job, the economy can expect to thrive. The restaurants, in addition, can attract people who do not enjoy gambling-driven activities. These customers only want to visit that eating house, not the casino. As such, the restaurant adds value to tourism.
For example, there is a Bobby Flay Steak in Atlantic City, New Jersey. If there is no Bobby Flay Steak in your state, then you will definitely visit this place if you love food.
Shops Where Tourists Buy
Finally, hotel casinos also give way to shop owners to operate their businesses. Inside these facilities, you will find stores that sell expensive or luxurious items, such as wristwatches and bags or purses for women. These stores make a profit, and the profit trickles back to the economy.
Here are some examples of what stores sell:
- Stylish clothing
- Jewelry and watches
- Hand-made crafts and goods
- Local goods
- Tailored suits for men
- Convenience store items
- Casual clothing
As you can see, there are many types of stores that one can build inside the same building as a casino. Like the other tourism businesses, these establishments need employees.
Finally, there is entertainment in casino halls. Because of this, the casinos and hotel resort themselves have an impact on the entertainment tourism industry. Entertainment can be anything, such as a vaudeville show, boxing, concert, orchestra, or stand-up comedy. People who love the show will come over as tourists. Then, they definitely must book a hotel room. Such is the impact of the casino hotel on the tourism industry.
Are Land-Based Casinos Good for the People?
Yes, land-based casinos are good for the people in a country financially, provided that they do not play and lose their money to gambling. There is a solution to prevent locals from gambling, and it is called regulation.
In Singapore, locals can only enter a casino facility if they pay an entrance fee. Locals must pay around $100 just to get inside a gambling facility. This amount is huge, and it discourages people from playing. Tourists, on the other hand, can get inside for free, provided they can show their passports proving that they are tourists. In any country, locals must not be addicted to gambling, or the money they lose will get distributed only to a few wealthy people.
Land-based casinos encourage tourists to bring money to a country. Considering that most country visitors are not professional players, the money used for betting eventually produces profits, and the corporations that manage gambling houses pay their taxes.
It is not only the casino’s earnings that contribute to the economy. Its presence guarantees that there will be a hotel in the same building. Because of this, people will open shops or stores. Businesspeople can open restaurants and gift shops as well.
To top that all, many other individuals earn money from casino tourism too. Taxi drivers, for one, get passengers. Bars and pubs can expect these tourists to visit their places. As such, the casino industry provides a huge benefit to a country’s economy.