Quote from: o48o on Today at 06:45:13 PM

Quote from: komisariatku on June 21, 2023, 03:05:38 PM

Is it possible for a casino to go bankrupt because a player gets a very big win?

I think maybe that's hard to happen if we look at casinos that are already big and well known. But suppose there is a new casino, and there are some players who are very good at playing, so they can win continuously, can the casino go bankrupt? or do they already have an algorithm or a way so players can't keep winning?

Obviously, that's where the phrase "break the bank" comes from. I haven't seen it happen but it has happened. Casinos won't close because of that but their value might drop. In last decade someone won $6 Million in Atlantic City, and casino refused to take any more winner's bets. (which is understandable).

I am certain that these days casinos are prepared for higher winnings and are insured for that kind of abnormal winning streaks. But i think it's even possible only in physical tables.

A normal reaction to have with these kind of business on which if they do see someone whose really that always winning then for sure it would really be banned on a certain place which its understandable. It is really one of

the main risks on running a gambling or casino business is on having these lucky winners which would snip out that huge revenue of yours as an owner. You wouldn't really be easily get bankrupt since you would really be

setting out limits according into your capital and having the safe point on which you do know that you could slowly recover incase if there's a huge win. We cant really be able to tell on how fast they would be able to
replenish on what they have lost but we know that house do always win in the end which it would be not shocking if they would be able to patch it up in no time because gamblers would really be keeping on
coming back and trying to seek for more winnings which is something that circles around on gambling industry or simply on what it makes that relevant and keeps progressing.
Gambling industry is getting bigger and bigger as years passing and its totally known on whats the actual reason for that.