The Atlantic

How Venezuela Became One Big Casino

In the midst of the country’s economic collapse, casinos—and the dollar—are king again.
Source: Photographs by Lexi Parra

Photographs by Lexi Parra

The monkey entered the casino after midnight. It clung to the arm of a short man with a military haircut. The man stood and watched the action at the roulette tables while the monkey, a capuchin with a brush cut like its owner’s, swiveled its head from side to side. A waiter fed the animal a cold french fry. Once, between spins of the wheel, the monkey leaped onto the baize table and then back into its owner’s arms.

It was a Friday night, in an affluent Caracas neighborhood called Las Mercedes, and inside the casino, which had opened a few weeks earlier, gamblers pulled crisp $100 bills off thick rolls of American cash. The same silent older women who populate casinos everywhere fed $10 and $20 bills into video slot machines. The national currency, the bolivar—named after The Liberator, Simón Bolívar, the country’s anti-imperialist founding father—was nowhere in sight. A group of men roared over wins and losses at a roulette table where the brightly colored chips cost $1 each. What passed for the high rollers in the place convened at another roulette table, where the croupier swept away as much as $1,000 in chips after each spin.

I struck up a conversation with a man who had geometric tattoos on his right forearm. We talked about how the casinos had been banned for years by Venezuela’s self-proclaimed socialist government. I asked why, all of a sudden, in the midst of the country’s catastrophic economic collapse, the government had allowed casinos to operate again. He was a gambling man—perhaps he’d had a bad night—and he gave a wry laugh behind his blue paper face mask. “For our loss,” the man said.  

When I left the casino I stood for a moment on the sidewalk out front and looked up at the three large video screens mounted high on the building’s brick facade. A computer animation played over and over. It showed packs of $100 bills raining from the sky until they filled up the screens.

This is the new Venezuela, where games of chance substitute

You’re reading a preview, subscribe to read more.

More from The Atlantic

The Atlantic5 min readAmerican Government
What Nikki Haley Is Trying to Prove
This is an edition of The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and recommends the best in culture. Sign up for it here. Nikki Haley faces terrible odds in her home state of
The Atlantic7 min readAmerican Government
The Americans Who Need Chaos
This is Work in Progress, a newsletter about work, technology, and how to solve some of America’s biggest problems. Sign up here. Several years ago, the political scientist Michael Bang Petersen, who is based in Denmark, wanted to understand why peop
The Atlantic3 min read
They Rode the Rails, Made Friends, and Fell Out of Love With America
The open road is the great American literary device. Whether the example is Jack Kerouac or Tracy Chapman, the national canon is full of travel tales that observe America’s idiosyncrasies and inequalities, its dark corners and lost wanderers, but ult

Related Books & Audiobooks