What does the term "handle" refer to in a casino context?

In the context of a casino, the term "handle" specifically refers to the total amount of money wagered by players. This figure encompasses all bets made, regardless of whether the players win or lose. It is a crucial metric for casinos because it reflects the volume of gaming activity and the level of engagement from players. Understanding handle allows casino operators to gauge how well their gaming offerings are performing and can influence decisions related to promotions, game variety, and overall marketing strategies.

Handle is distinct from payouts, which are the amounts given back to players when they win, and does not account for casino expenses or the net revenue after payouts and operating costs. This definition is key for those working in the hospitality and gaming industry, as it directly ties into financial performance and operational strategy within the casino environment.