Casino Mgt. - Chapter 1 History of Modern Gambling-The Wide...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Chapter 1: History of Modern Gambling -The Wide Open Gambling Bill - Was signed in 1931 to allow gaming in Nevada. Was brought up because they thought the government would try to shut down Vegas so they needed the bill to pass. Was a new source of state revenue. Each gambling establishment was charged $25 monthly for each card game and $10 on each slot. 75% of the tax revenues went to the county and the 25% went to the state. -Bull Pen Casino- A casino that was opened inside a prison in Carson City. An inmate that could bankroll the game was allowed to run his table and take the profits. It was closed in 1967. -Bugsy Seigal- was a gangster for the Capone mob. Was sent to Vegas to use the mobs Trans-America wire service to relay information on horse betting and sports betting. Bought the Flamingo Hotel and turned in into a plush hotel and casino. -Howard Hughes- Texas millionaire, came to Vegas in 1966. Immediately began to purchase hotels. Owned Hughes Tool Company. His name legitimized the gambling
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 04/25/2008 for the course HIST 101 taught by Professor Wormer during the Fall '08 term at UMass (Amherst).

Page1 / 2

Casino Mgt. - Chapter 1 History of Modern Gambling-The Wide...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online