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Las Vegas is known by many as the casino capital of the world, and for good reason. Between the Strip, downtown, and the surrounding areas, Las Vegas is home to over 100 of the largest casino resorts in America. Having legalized gambling in 1931, Las Vegas was the birthplace of the United States’ first legal casinos. More than 80 years later, this city can still call itself one of the premier gambling destinations in the world.
Though it has often battled for business with other towns across the country like Atlantic City, it has always managed to stay on top. Today it has become not only the most popular gambling destination in America, but is now also a popular city for live entertainment and partying. Below we have taken the time to review the most popular casinos within the city of Las Vegas in full depth.
Casinos on The Strip
Aria
Bally’s
Bellagio
Caesars Palace
Casino Royale
Circus Circus
Cosmpolitan
Cromwell
Excalibur
Flamingo
Harrah’s
LINQ
Lucky Dragon
Luxor
Mandalay Bay
MGM Grand
Mirage
New York-New York
Palazzo
Park MGM
Paris
Planet Hollywood
Riviera
SLS
Stratosphere
Treasure Island
Tropicana
Venetian
Wynn
Casinos Just off The Strip
Ellis Island
Green Valley Ranch
Hard Rock Hotel
Hilton
Hooters
Palace Station
Palms
Rio
Silver Sevens
Tuscany
Westin
Downtown Casinos
Downtown Las Vegas, also known as Old Vegas or Fremont Street is home to some of the most historic casinos in the world. Browse our complete Downtown Las Vegas guide and reviews…
Other Vegas Casinos
Aliante Casino
Arizona Charlie’s Boulder
Arizona Charlie’s Decatur
Bighorn Casino
Boulder Station
Cannery Casino
Club Fortune Casino
Eastside Cannery
Eldorado
Emerald Island
Fiesta Henderson Hotel & Casino
Fiesta Rancho Hotel & Casino
Gold Coast
Hoover Dam Lodge
Jerry’s Nugget
Jokers Wild
Longhorn Hotel & Casino
Lucky Club Hotel & Casino
The M Resort
The Orleans
Poker Palace
Railroad Pass Casino
Rainbow Club
Rampart Casino
Red Rock
Sam’s Town
Santa Fe Station
Silverton
Silver Nugget
Skyline Hotel & Casino
South Point
Suncoast Hotel & Casino
Texas Station
Wildfire
Wild Wild West
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Las Vegas Poker
Las Vegas Locals Casinos vs. The Strip
Top Las Vegas Attractions
Types of Casinos in Las Vegas
Las Vegas is home to a few different types of casinos, though most of them are resort casinos. A resort casino has a casino and hotel, along with other amenities. The resort casinos that line Las Vegas Boulevard have a complete offering of slots and table games, most of which are able to be played at any hour of the day or night. These resorts are more than just a hotel and casino though, because many of them boast an array of restaurants, shops, and other entertainment options. What differentiates one casino from another is the size of the casino itself, and the variety of games which it offers.
For example, Mandalay Bay boasts a 135,000 square foot casino while Harrah’s has a casino that is just over 85,000 square feet. The size of the casino can sometimes make all the difference because in most cases, the bigger the casino, the more games they are going to offer. Size doesn’t always indicate a comprehensive offering of games, however, because the Cosmopolitan, despite its large casino, lacks a poker room.
Not every casino in Las Vegas has a hotel, restaurants, and shops; in fact, there are a handful of standalone casinos as well. An example of one of these casinos on the Strip is Slots-a-Fun. As the name suggests, Slots-a-Fun primarily only offers slots.
History of Las Vegas Casinos
The legal history of gambling in Las Vegas can be traced back to the early 1930s, when the first casinos were licensed and opened. La Bayou was the first licensed casino and it officially opened its doors in 1931. Gambling was legalized in Las Vegas and other cities in Nevada like Reno primarily due to the harsh effects of the Great Depression. During the late 1920s and 1930s the Great Depression was leaving many families without any money or work, but Las Vegas, with its newly formed gambling industry, was mostly free from the sting of the Depression.
In the early years, the most frequented casinos were located downtown, on or near Fremont Street. After only 10 years that paradigm began to shift when Tommy Hull opened up El Rancho, the first resort and casino in Las Vegas. El Rancho was built overlooking the very street that would later be given the name the Las Vegas Strip. Nowadays the Strip is most tourists’ destination when they come to visit Las Vegas.
Casinos in Las Vegas continued to draw in countless visitors from all over the United States and the globe, but in the 1970s the atmosphere of the casinos in the city began to change. Due to the emergence of Atlantic City as a gambling town on the east coast, Las Vegas hotel and casinos were forced to up the ante. Quickly, the old hotel and casinos began transforming into fortresses of all types of entertainment. Soon thereafter, visitors to Las Vegas’ new resort hotel and casinos could eat, sleep, gamble, and catch a show all under one roof. The dawn of resort hotels and casinos made Las Vegas more appealing to the entire family, not solely those looking to gamble.
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Even though today you can do just about anything in Las Vegas, its main attraction is still the lights and sounds of its many casinos. For over 80 years Las Vegas has been dubbed the gambling capital of the world, and with all this city has to offer, it is easy to understand why.
General Vegas Rules
– In Las Vegas, you must be 21 years of age to gamble at casinos.
– In Las Vegas, you must be 21 to drink or buy alcohol at casinos.
– Though drinks (alcoholic or otherwise) at most casinos are free, tipping the waiter or waitress is a common courtesy.
– Smoking is permitted in most casinos, though it is important to be wary of all marked non-smoking areas.
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Las Vegas Slot Payouts
Here is a list of different slot payouts from all the different Las Vegas casinos:
Pay Out Comparisons, Brick Casinos Vs Online Casinos
There are some obvious key differences between playing slots in a brick and mortar casino and playing slots in an online casino. A brick and mortar casino offers perks such as the flashing lights of the machines, free drinks for players, and an exciting atmosphere. An online casino competes with this by offering large signup bonuses and loyalty rewards for players who stick to one company. However, not many people know that the percentage pay out also varies between a brick and mortar casino and an online casino. Not only does the percentage pay out differ between online and physical casinos but it also varies from slot game to slot game! You can try playing latest online slots for free at casinogames.ca/slots.
What is a Pay Out Percentage?
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To understand the differences between pay out rates of a brick and mortar casino and online casinos, one must first understand exactly what a pay out percentage is. The pay out percentage is essentially an estimate of what a player can expect from a slot machine in terms of pay out. Slot machines are programmed to pay out winnings as a percentage of all the wagers that are paid into the machine by players. However, it is important to remember that the machines are still random and the pay out percentage covers the lifespan of the machine. This means that putting $100 into a slot machine with a 90% pay out percentage doesn’t guarantee a $90 return! These percentages can vary quite significantly between a brick and mortar Las Vegas casino and an online casino. For example in a Las Vegas casino, the average pay out percentage range is 86-93% whereas an online casino offers an average pay out percentage range of 95-98%. Thats quite a significant difference! Payout ratio is scientific metric, also common language in the investment and financial world.
Why Does the Pay Out Percentage Vary?
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As you can see above, there is quite a significant difference between the brick and mortar casinos in Las Vegas and online casinos in terms of pay out percentage. The main reason for this is that physical casinos in Las Vegas have much higher operational costs and overhead expenses. They operate in a physical building which requires rent and maintenance as well as employing staff and other general expenses. Online casinos on the other hand have very low operational costs and most of the profits are re-invested into the company in the form of marketing and bonuses. You can see this in the online casinos reviewed at BestCasinosCanada comparison site with many sites there offering new players welcome bonuses from $1000 up, sums which Las Vegas casinos can't match.
The remaining money from the pay out percentage is known as the slot hold percentage and is the equivalent of the casinos house edge or hand rake in poker and other games. If a slot machine has a pay out percentage of 90%, the amount of money taken by the casino is 10%. So, for every $100 wagered, the casino retains $10 and the machine pays out $90. So, brick and mortar casinos in Las Vegas take an average of $7-$14 per $100 wagered, whereas online casinos only take an average of $3-$5 per $100 wagered. Although this may not seem like an awful lot, it can add up quite quickly.
Which Slot Games Offer the Best Pay Out Percentage?
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Another aspect of pay out percentages in slot machines is the type of slot that you are playing. Each slot machine features a pay table which shows the probability of winning and the maximum winnings each machine will pay out. Brick and mortar casinos in Las Vegas generally have 3 reel classic slot machines which have a much lower pay out table and heavily favour the house. However, online casinos favour video slot machines with higher pay lines and a much better pay out probability. Slot games which are exclusively available in online casinos such as Thunderstruck II and Jurassic Park allow players to win on 243 lines with a host of features, wild symbols, and special mini games. Other exclusive online slot games such as Piggy Fortunes allow players to play 25 lines at one time, providing an excellent chance of winning on each spin. These online video slots combine a high pay out percentage of 95-98% with a high probability of winning on each spin, making them much more profitable than classic reels in brick and mortar online casinos.
Conclusion
When considering all the information, there is really no comparison between brick and mortar Las Vegas casinos and online casinos. In terms of pay out percentage, online casinos offer players a much higher chance of winning as the house takes a much smaller percentage of the money. Although brick and mortar casinos offer a different gaming experience with flashing lights, exciting sounds, and a general buzz, it is worth remembering that you are paying for that experience by sacrificing the probability of winning. For those players more interested in skill-games, you can find information on playing in Vegas here.