The Collaborative International Dictionary of English v.0.48:
Faro \Far"o\, n. [Said to be so called because the Egyptian king
Pharaoh was formerly represented upon one of the cards.]
A gambling game at cards, in which all the other players play
against the dealer or banker, staking their money upon the
order in which the cards will lie and be dealt from the pack.
Faro bank, the capital which the proprietor of a faro table
ventures in the game; also, the place where a game of faro
is played. --Hoyle.