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…
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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…
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…
1957-1960 In June 1957, a federal grand jury secretly indicted the owners of the Wagon Wheel Saloon and Gambling Hall (Harvey’s today) at Lake Tahoe in Stateline, Nevada — Harvey A. Gross, and his wife, Llewellyn…
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…
1954 Arthur R. Schultz of Ely, Nevada, who’ previously had held a gambling license for slot machines, asked then District Attorney of White Pine County, Jon R. Collins, to rule on whether or not a…
1975-1976 Nevada’s infamous “Black Book,” which contains information about the unsavory individuals who are banned from casinos, still exists today but under a different moniker. In 1975, citizen Beni Casselle expressed to the state gaming…
1970-1973 When federal agents arrested Elliot Paul Price, 51, during a massive multi-city raid in 1970 and charged him with illegally transmitting race wire information across state lines via telephone, two dominos fell: • He…
1974-1975 For many Japan-based businessmen, gambling trips to Caesars Palace in Las Vegas turned nightmarish. Kikumaru Okuda, 46, also a resident of the Land of the Rising Sun, and a film producer with Toho Film Company,…
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…
1955-1966 Harry Chon, licensed operator of the gambling operations at the Old Cathay Club* in Reno, Nevada, found himself in an uncomfortable spot, under pressure from two parties, in 1956. The story begins about a…
1886 In fall 1886, Officer John L. Fonck confronted one of his superiors face to face. He charged Chief of Police J.W. Davis with “standing in with the gamblers,” in other words, allowing them to…
1961-1990s “As a boy in Chicago, [he] learned to cook standing on a milk crate in his mom’s kitchen, where Mrs. Capone — Scarface Al’s mom — would join them,” reported the Las Vegas Review-Journal…
1970-1975 In a massive, coordinated effort, federal agents raided illegal bookmaking operations throughout the U.S. with ties to organized crime. On December 12, 1970, Federal Bureau of Investigation (FBI) and Internal Revenue Service (IRS) agents…
1949-1950 The Den opened its doors in spring 1949. The proprietors — Donald A. Bentley, John R. Hope and Robert M. Colahan — likely were hoping for at least as long a run as their…
1957-1959 During Nevada’s 1957 legislature, State Senator Kenneth Johnson (R-Ormsby), voiced his concerns about some of the state’s gambling licensees* simultaneously co-owning Cuban casinos. He feared that: • Nevada licensees might form alliances with U.S.…
1958-1959 (Part I ran last week. If you missed it, it’s available here.) The Nevada Tax Commission withdrew the gambling license of the New Star operators — Brent Mackie and Kenneth Henton — in July 1958…