A casino, also known as a gaming establishment or a gambling house, is a place where people can gamble for money. Most casinos are found in cities that offer legalized gambling and are operated by private corporations. In some states, casinos may also be located on Native American reservations. Several American states have banned gambling, but many others have changed their laws to permit it in casinos or on riverboats. In addition, some states have specific requirements regarding the number and type of games offered.

Besides gambling, casinos feature restaurants and live entertainment. In some cases, this entertainment includes performances by famous musicians or actors. Some casinos also feature luxury amenities, such as pools and spas. For example, the Monte-Carlo Casino is a major source of income for the Principality of Monaco and features numerous table games and slot machines. Other notable casinos include the Grand Lisboa in Macau, which features a large LED dome and boasts of being the world’s largest casino.

While some games in a casino involve an element of skill, most have mathematically determined odds that ensure the house will always have an advantage over players. This advantage is called the house edge. In games with an element of skill, such as blackjack and video poker, the house advantage can be reduced by learning basic strategy. However, it is not possible to eliminate the house edge altogether. Moreover, the house usually earns a commission on wagers, which is referred to as the rake.