Gambling is prevalent in all areas of society.
When people think of gambling, they often think of casinos and games, where individuals place bets on the potential outcome.
But gambling is also an action or decision one takes in everyday life with dreams of gaining a specific result.
As such, knowingly or not, humans gamble.
For example, whether creating a start-up, buying a house in pursuit of selling it for profit, or committing in a relationship, most decisions require gambling skills.
Bookies and casinos have made an income from gambling by combining decision making, risk, skill, and the potential of rewards in thrilling games to their customers.
And stats from Statista reveals people love it, with $66.7 billion spent worldwide on gambling in 2020, and an estimated $92.9 billion expected to be spent in 2023.
The below highlights two entertainment complexes with expectations for entry before leading onto how technology has empowered online casinos like JackpotCity online casino to open their digital doors to customers from all social hierarchies, to fathom whether gambling games in history were reserved for the proletariat or bourgeoisie, the religious or royalty, the common folk or professionals. And, how casinos today have given people from all social backgrounds, locations, and wealth the opportunity to play at the casino.
Casino di Venezia – The oldest casino in the world
Casino di Venezia, which sits on the Grand Canal in Venice, opened in 1638 and sparked a casino craze.
While the privately-owned gambling business was technically open to the public, specific rules and restrictions meant only aristocrats and wealthy citizens were welcome.
From high stakes to glamorous dress codes, and the requirement to wear three-point hats or masks to gamble, this casino only intended on entertaining wealthy and successful citizens.
Las Vegas post-war boom
Following the war in the 1950s, soldiers returned with a bid to settle down, start families, work hard for the American dream, and indulge in luxury leisure.
Demand and popularity for glamorous entertainment venues made Las Vegas, with its explosive party scene, extensive hotels and casinos, the ideal place for the wealthy to take a holiday.
In turn, middle-class citizens would flock to Nevada for an eventful vacation to see famous stars, perform live shows, and of course, spend money at the high roller tables while basking in the luxurious surroundings of the casinos.
The internet and technology revolutionized casino games
In 1994, Antigua and Barbuda’s free trade and processing act meant any business could apply for a licence to operate as an online casino. By 1996, there were 200 iGaming sites, and gradually more people with different social statuses began gambling online.
The perks of gambling online:
- People did not need to spend time or money travelling to a casino resort such as Las Vegas.
- There is no need to abide by strict dress codes when gambling online.
- Generous online sign-up offers from casinos give more people, no matter their income level, the chance to play.
- The introduction of more games with lower stakes to play means a wider pool of people can participate.
- Access to an increasing amount of casino gaming knowledge online means more people can learn to play casino games without stepping foot in a casino.
For less confident individuals, online casinos presents an opportunity for interested players to game without the fear of being watched or judged, which is often the case in land-based casinos.
Furthermore, faster internet connections and cheaper high-tech devices have made online gambling more affordable and accessible for all.