Quick Fact – Casino Swindlers

1974 It was a successful scam that cheated the Aladdin Resort and Casino out of about $250,000 (about $1.2 million today) … while it lasted. Four men had some friends take junkets to the Las Vegas property using the identities of legitimate high-rolling customers. (With a junket, the casino provides the guests’ travel, accommodations and meals…

Chancy Chaps Champion Chilean Casino

1928-Today Members of English royalty unwittingly helped launch a new South American casino toward success in the 1930s. After Chilean President Carlos Ibáñez del Campo, in 1928, authorized creation of a gambling house, Viña del Mar (translated as “vineyard of the sea”), a city on the country’s Pacific Coast, spent $6.5 million ($95.6 million today)…

Quick Fact – Taking Stock

1974 The Nevada Gaming Commission, the industry’s state regulatory body, amended regulations to allow employees to own stock in a casino where they worked, without having to get a gambling license, a process that involved filling out an application, being investigated and paying the requisite costs. Jerry’s Nugget in North Las Vegas was the first gambling…

Quick Fact – Curiosity Trumps Motherhood

1931 When a Southern Pacific train stopped in Reno on a Friday in May at about 9:15 p.m., four passengers disembarked to squeeze in, before continuing on, a glance at gambling, which Nevada recently had legalized. The travelers left their luggage onboard. One woman, temporarily forgetting she had one with her, left her baby there,…

Casino Owner’s Offense Embarrasses Nevada

1988-1989 Tipped off by the contents of various lawsuits and complaints by employees, Nevada Gaming Control Board (NGCB) agents raided the Imperial Palace Hotel and Casino* on September 27, 1988. The 2,700-room property located on the Las Vegas Strip was owned by Ralph Engelstad, then age 58. Shocking Cache Revealed Inside the resort with the…

Quick Fact – The Hard Way or the Easy Way

1931-1932 Actors Clara Bow and Rex Bell gambled at the Meadows in Las Vegas in summer 1931 and racked up a $1,100 loss (about $18,000 today), for which they left an IOU. By December, the two hadn’t paid what they owed (Bow had wriggled out of covering a gaming debt the year before). The casino…

Quick Fact – Desert Getaway

1961 This ad for the El Rey Club invited people to escape one sunny desert town (Palm Springs, California) for another (Searchlight, Nevada), as the enticement ran in the former’s newspaper, The Desert Sun. Owner Willie Martello began chartering groups of people to and from his casino this same year after he paid about $1 million of his…