A casino is a place where gamblers risk their money against the common gambler. Its character is standardized around the world. The late 20th century saw various European countries liberalize their gambling laws to allow for casinos. The United Kingdom has licensed gambling clubs since 1960. Its casinos are well-known across Europe. France also legalized casinos in 1933, resulting in a string of famous European casinos.
Native American casinos
There are several levels of government regulation of Native American casinos. The federal Native American Gaming Commission (NIGC) oversees the licensing of gaming facilities, employees, and management. It also reviews and enforces tribal gaming ordinances. In 2004, the NIGC temporarily closed the Coyote Valley Band of Pomo Indians’ casino in Redwood Valley, California. It also has the authority to fine casinos that fail to adhere to certain regulations.
While Native American casinos are not required to pay taxes to the federal government, they do pay local governments a share of their profits. Tribal casinos in California are owned by 72 tribal governments.