1951-1952 Gambling boomed in Las Vegas, Nevada immediately following Senator Estes Kefauver and his committee’s nationwide investigation into organized crime. The 27 hearings the group conducted in 14 United States cities in 1950 and 1951 (Las Vegas was in November 1950) “turned a bright, hot light on illegal gambling in other parts of the country,”…
1968-1969 Can you imagine if Denny’s was in Nevada’s casino business? Well, it nearly happened. In 1968 Denny’s Restaurants Inc. had reached an agreement to acquire Caesars Palace in Las Vegas but didn’t go through with it. The next year, it negotiated to acquire the corporation that owned the Cal-Neva Lodge in Crystal Bay (at…
1870s-1920s “I want to go short 1,000 bushels of December wheat, 1 cent on the bushel.” This $10 bet was typical back in the heyday of bucket shops in the United States, between 1870 and 1920. People wagered on the future prices of stocks, securities and commodities — grains, cotton, oil, etc. — without actually…
1941 Nevada casinos are known for their big-name entertainment, and it all started in the city of Elko. In spring of 1941, Newton Crumley, owner of the Commercial Hotel and its Monte Carlo Casino, engaged Ted Lewis, bandleader-singer-entertainer-popular radio star, to perform there for a week for $12,000 (about $196,000 today). Other stars…
1913-1929 With various state bans on gambling and, later, a nationwide prohibition against liquor, many Americans, particularly wealthy Southern Californians, traveled to casinos in Mexican border cities to play and imbibe. “The great hegira* is in, and already these towns are filled to the limit with throngs of the thirsty, willing to pay big sums for…