Quick Fact – Gambling on the Oscars

1950 For Hollywood’s Academy Awards, Las Vegas, Nevada casinos offered even money on All The King’s Men, the favorite for Best Movie. The other nominees and their odds were Battleground, 5 to 2; The Heiress, 9 to 2; and Twelve O’Clock High, 10 to 1. In fact, Sin City had it right; the Oscar for…

Quick Fact – Beginners’ Luck

1950 The $1.6 million Desert Inn resort had just opened in Las Vegas, and a gambling naif nearly put it out of business. A 22-year-old sailor, who didn’t know much about gambling, bet $1 on craps and had a run of 27 straight passes. During it, the people around him started winning, too. “There was…

Quick Fact – Oasis in the Desert

1950 Las Vegas spent $750,000 a year on advertising (about $7.5 million today). The Chamber of Commerce promoted the town as: “An oasis for the harassed refugees from artificial restraints and laws of other states.“ Photo from the University of Nevada, Las Vegas, University Libraries’ Digital Collections