Author: Dana Hazlett

How Casinos Boost The Economy

Most people associate casinos with exuberant evenings with friends and relaxation and fun with roulette , blackjack or slot machines . Even if this should be the main task of casinos from our point of view, in this entry we would like to take a look at the economic advantages that casinos have to offer.

Casinos As An Employer

Regardless of whether we are talking about a small game library, a mega casino or even online casinos – casinos of all kinds need employees. In Germany alone, more than 60,000 people are directly employed by gambling providers. If you add the employees who are indirectly involved through suppliers or partners, you get a total of over 220,000 employees who depend on the casino industry and earn their living from it.

Casinos And Entertainment

The resident casinos have managed to attract foreigners from all over the world to the region within a short time and thus make the property market there attractive for a large number of people from all over the world.

Casinos And Tax Revenue

In Germany, games of chance are heavily taxed, so that the tax authorities earn a lot. Casinos make an annual turnover of several hundred million euros in Germany alone. In other countries, both casino turnover and the associated tax revenue are even significantly higher.