1944 The debut of the Bonanza Club* on October 3, 1944 in Reno, Nevada, was doubly significant. Formerly the Barn Club, the new casino was regarded as one of, if not, the finest in the state; about $300,000 (roughly $4.2 million today) were spent on redecorating and equipping the place. It also was one of…
1933-1954 His unfavorable personal opinion about gambling notwithstanding, Patrick “Pat” A. McCarran (D-Nev.) — U.S. Senator between 1933 and 1954 — acted repeatedly on the industry’s behalf. Had he not, it’s likely gaming wouldn’t have emerged as The Silver State’s greatest revenue-producing economic sector — a positive or negative, depending on one’s view. Because gambling…
1952–1958 When Fulgencio Batista returned to power as president in Cuba in 1952, he aimed to foster a gambling empire from which he could generate revenue for his coffers. To facilitate casino development, he and his administration: • Restricted gambling licenses to hotels or nightclubs worth $1 million or more • Waived taxes, which were…