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 – Shoddy Accounting

1956 When auditors for Nevada reviewed its books, they discovered the El Rancho casino on the Las Vegas Strip had underpaid the requisite gambling taxes over nine quarters by $39,000 ($350,500 today). Despite the claims of owners , et. al. that they believed they’d paid the proper amount, tax commissioners assessed a 100% penalty, the…

Just Like Living in Paradise

1950-Today When people are on the Las Vegas Strip, they’re really in Paradise — the town, that is. In 1950, a rumor surfaced that the City of Las Vegas’ boundaries would be expanded to include the then multimillion-dollar luxury resort area on South Las Vegas Boulevard. Disliking the idea, the proprietors of the hotel-casinos there…

Quick Fact – Casino Credit Component

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 among…

Quick Fact – Detrimental Game of Chance

1956 The gambling licensees of the Dunes and Silver Slipper casinos applied to restart bingo on the premises, but the Nevada Gaming Commission denied their request, stating that the return of the game to the Las Vegas Strip would be detrimental to the area. This was because in prior years when bingo had been permitted, the…

Nevada’s Black Book: Civil Rights Violation?

1960-1967 Los Angeles mobsters, Louis Tom Dragna and John “The Bat” Battaglia, conversed in a hotel-casino cocktail lounge on the Las Vegas Strip one day in February 1960. But their visit was cut short when Nevada Gaming Control Board (NGCB) agents appeared with local police who arrested the two. They charged them with vagrancy and…

Quick Fact – Publisher Unsuitable

1967 New York publisher, Lyle Stuart, applied to the Nevada Gaming Commission for a gambling license to purchase 1 percent of the Aladdin Resort & Casino on the Las Vegas Strip for $25,000 ($178,000 today). Regulators, though, denied him one due to his “unsuitable background” because a subsidiary of his company sold books that contained…

Nevada Casinos’ Jim Crow

1931-1965 Nevada’s early gambling industry was “wrapped in a segregated White Curtain” (Reno Gazette-Journal, Feb. 27, 2008). Between 1931, when Nevada legalized gambling, and 1965, African Americans were banned from gambling or even being present in the Silver State’s Caucasian-owned casinos, for fear their presence would scare away white patrons. Typically, any black person who…

Bull’s Eye on the Gambling Industry

1955 It’s hard to believe this ever happened in Nevada. As an emergency measure, the state government approved a temporary moratorium on issuing gambling licenses. It was to last five months, until 30 days after the 1955 legislative session adjourned. The freeze applied only to applications submitted to the tax commission after the legislation went…