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Todd McCarthy of Variety felt the film «possesses a stylistic boldness and verisimilitude that is virtually matchless». Audiences surveyed by CinemaScore gave the film a grade «B−» on scale of A+ to F. The site’s critical consensus reads, «Impressive ambition and bravura performances from an outstanding cast help Casino pay off in spite of a familiar narrative that may strike some viewers as a safe bet for director Martin Scorsese.» On Metacritic, the film has a weighted average score of 73 out of 100, based on 17 critics, indicating «generally favorable» reviews. The film grossed $43 million domestically and $73 million internationally, for a total of $116 million worldwide, against a $40–50 million production budget. The film was shot in the common top Super 35 format as it allowed the picture to be reformatted for television broadcast.
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When first submitted to the MPAA, the film received an NC-17 rating due to its depictions of violence. According to Barbara De Fina, the film’s producer, there was no reason to construct a set if they could simply film around an actual casino. Scorsese expressed interest, calling this an «idea of success, no limits.» Pileggi was keen to release the book and then concentrate on a film adaptation, but Scorsese encouraged him to «reverse the order.»