If presence in the History of the Heortling People is a criterion, there was no Karse after the Dawn. Neither the people of God Forgot nor the Pelaskite fisherfolk are Heortling Peoples, so their omission is quite in keeping with the book's focus. (I mean, the city of Karse doesn't even get a number of inhabitants on the cover map, but the fisherman village of Sklar one estuary further south does...)
Personally, I suspect Casino Town dates back to the Dawn Age. I wouldn't be surprised if contact with the Gold Wheel Dancers brought about the first casino. A spinning coin may just inspire early games of chance for cash.
Whether you go there for games of chance or not, I suspect that Casino Town is a good place to change magical loot into cash, or vice versa. In that regard, it may have been a place where participants of the Iron War may have gone after their turn of service (those who gave temporal oaths).
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