Yesterday and Today: Collecting on Gambling Debts in Nevada

Casino History, Fremont Hotel and Casino (Las Vegas, NV), Gambling Currency: Credit, Gambling History, Gambling Laws / Regulations: NV Statute of 9 Anne, Gambling: Debt, Gaming History, Goldfield--Nevada, It Really Happened, J.E. Burke & Co., Las Vegas--Nevada, Law Enforcement / Judicial System: Nevada Supreme Court, Nevada, Texas (Goldfield, NV), United StatesLeave a comment

1864-1983 While being plied with endless, free whisky highballs,* Hamilton Buck played roulette for hours at the Texas gambling-saloon** in Goldfield, Nevada. Then, in 1908, the northwestern mining town was nearing the end of its heyday (1904-1908) that had made it the state’s largest metropolis. With Charles Green, a brother of one of the establishment’s…

Quick Fact – Casino Credit Component

Caesars Palace (Las Vegas, NV), Casino History, Did You Know?, Gambling Currency: Credit, Gambling History, Gaming History, Las Vegas Strip / S. Las Vegas Boulevard, Las Vegas--Nevada, Nevada, Quick Facts, United StatesLeave a comment

1970s Caesars Palace in Las Vegas extended $160 million in credit to players in 1977. This was more than the then-considered staggering $106 million cost of the original MGM Grand (early ’70s), also in Sin City, and equals roughly $641 million today. Offering credit to players who were deemed able to repay it was a common practice…