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The principle of wagering is as old as civilization itself, but the codified institution we recognize as the casino has a more specific origin. This represented a critical shift from private, often illicit, gambling dens to state-controlled locations. The inaugural government-sanctioned public gaming establishment was the Ridotto, founded in Venice, Italy, in 1638. Its primary purpose was to control gambling during the carnival season. Bettors, often masked to preserve their anonymity, would gather to play games like Biribi, a lottery-style game, and Basetta, a card game.

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