Cuban Casino Push

1952–1958 When Fulgencio Batista returned to power as president in Cuba in 1952, he aimed to foster a gambling empire from which he could generate revenue for his coffers. To facilitate casino development, he and his administration: • Restricted gambling licenses to hotels or nightclubs worth $1 million or more • Waived taxes, which were…

Quick Fact – Diners and Casinos?

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…

Bilking of Vegas’ Nevada Club

1961-1966 Early in 1961, Michael Catrone, 60, an apartment complex owner, presented to the Nevada Club in Las Vegas, Nevada a winning keno ticket for $25,000 ($198,000 today). Yet the casino’s general manager didn’t pay it because it was suspicious — the ink on the ticket was lighter than on other ones. An internal inquiry…

Quick Fact – Accounting Shift

1964 The Dunes in Las Vegas, Nevada switched from writing off unpaid IOUs to claiming them as income, allegedly to keep Internal Revenue Service agents from harassing its customers — asking guests in the hotel if they paid what they owed. On its fiscal 1965 income tax return, the hotel-casino reported as income $1.3 million…

Spindle Tricksters Clean Up

1906 A sextet of flimflammers arrived in Las Vegas, Nevada in December, set up at the corner of Main and Fremont Streets and began separating the locals from their money. ” … the spindle was ‘cleaning’ the town — getting away with large sums of ready money, which would otherwise have gone to local merchants…

Quick Fact – Road to Monopoly?

1968 Howard Hughes, billionaire industrialist, received the Nevada Gaming Commission’s blessing to buy the Stardust hotel-casino in Las Vegas, Nevada for $30.5 million and moved forward with the acquisition. He already owned five such properties on the Strip — the Castaways, Silver Slipper, Frontier, Sands and Desert Inn. (Adding the Stardust would’ve given him control…

Men, Please Do Not Apply

1937-1970 Card dealing was a male-dominated profession in Nevada’s casinos until 1937, when Harolds Club, in Reno, put the first woman at a 21 table to deal. Co-owner Harold Smith previously had been hiring women, mostly family members, for other jobs on the gambling club floor — chip stacking and roulette wheel spinning, for instance…

Quick Fact – Good Luck Charm

1969 Elvis Presley was one of the first headliners at the International Hotel in Las Vegas, Nevada. His performances began a record-breaking run of 837 sold-out shows at the spot over the ensuing seven years. In his first month at the hotel-casino, Presley gave 58 concerts. The venue booked him for two months a year and paid…

Bookies’ Bookies Not So Good With Numbers

1945-1955 In the late 1940s, three bookies — or commissioners, as they preferred to be called — operated on California’s Sunset Strip in West Hollywood under the name, Golden News Service. Hy Goldbaum, George Capri and Edward Cooke, all in their late 40s or early 50s at the time, specialized in assuming large bets that…