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June 8, 2016

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…

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June 3, 2016

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May 25, 2016

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May 20, 2016

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March 23, 2016

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January 20, 2016

Thwarting Mob Activities

1950s The manufacture of slot machines, roulette wheels and other gambling equipment was big business in the United States until the mid-20th century when new federal legislation curbed it. In 1950, the Kefauver Committee, officially the…

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December 16, 2015

Was The Mapes' Financing Unethical?

1947 The United States’ Reconstruction Finance Corporation (RFC) co-financed construction of a gambling enterprise via its $975,000 loan for the Mapes hotel-casino in Reno, Nevada in 1947. Under Attack Three years later, Senators William Fulbright…

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August 19, 2015