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…
1949-1953 Only months after Cleveland bar owner, Norman Khoury’s 1949 acquisition of Club Savoy in Las Vegas, Nevada, California mobster/gambler Allen Smiley, an associate of the then-deceased Benjamin “Bugsy” Siegel, unexpectedly approached him. Smiley introduced Khoury to Bob “The Fixer” Smith, who’d been prominent in Vegas’ gambling industry in the 1930s. Subsequently, Smith allegedly purchased…
1948 A guest of the Flamingo hotel-casino in Las Vegas, Nevada accidentally took home a $5 ($50 today) gambling chip then deposited it into the Bank of Arizona. The bank mailed to the Flamingo the chip along with a letter requesting the casino cash it, which it did.
1955 When presumed-to-be-wealthy mobster, Benjamin “Bugsy” Siegel, was slain at age 41, the estate he left was worth $35,609 (about $314,550 today). Before his murder, Siegel co-financed and oversaw completion of the Flamingo hotel-casino in Las Vegas, Nevada but ran up its development costs by several million and began bouncing checks. In his earlier days,…