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However, in 1931, gambling was legalized throughout the state of Nevada, where the United States’s first legalized casinos were set up. From Ancient Mesopotamia, Greeks and Romans to Napoleon’s France and Elizabethan England, much of history is filled with stories of entertainment based on games of chance. The casino industry is a major part of the tourism and leisure industry, with the largest casino operator companies generating tens of billions of dollars in revenue annually. All casino games have a mathematically determined advantage for the house, known as the house edge, which ensures that the casino will make a profit in the long run.
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