Gambling History, from the beginning.
History of Gambling, Worldwide
Against the common opinion, gambling did not arise in the United States. Most of the favorite gambling games played in the American casinos have their beginning in various foreign locales.
Heritage of gambling is for some reason related to the Chinese civilization. Chinese culture has been the home base of numerous gambling games. Keno, a popular Chinese game is one of the original forms of the lottery games. Keno has evolved over thousands of years and is now played in played in a different diluted edition in hundreds of casinos around the globe. Another old Chinese game to have attained popularity has been Pai Gow. Pai Gow Poker is the Americanized and hybridized version of the original game, it blends in the game of Pai Gow with certain elements of poker, to produce an occupying and simple game, loved by people around the globe and played in numerous casinos. However a lot of critics, quite do not like the new version and banish it for being a too oversimplified take on the otherwise “beautiful and complex” game from ancient Chinese culture.
China is not the only country to have contributed to the globe of gambling history, a number of European games have also made it to the league of common games in the world of casinos. Games like Craps, Baccarat, Roulette and Black jack, all have origins in parts of Europe. Craps has its roots in the rich heritage of dice throwing games that have been around for a years.
The game of blackjack also up rose in the lap of Europe in Italy and France. Although Baccarat catered mainly to the rich, Blackjack was popular amongst the masses. Till date Baccarat tables are reserved in the big spender areas of casinos, while the common people may get a taste of it at lower tables called the Mini Baccarat tables.
In addition to these games other popular betting sports include the spectator sports like pedigree horse racing. It was developed into the modern sport in England during the 1700’s. Later the game traveled to the US, with the early British settlers, however the traditions of the game persisted relatively unchanged.
History of Gambling, United States
The state’s legislative assembly has passed legislation, in 1864, that directly affects gambling. Four bills restricted or prohibited gambling, and four bills permitted some form of gambling. Careless of the laws in effect, gambling has always been a built-in part of Nevada’s history.
Two things lead to the legalization of gambling history in Nevada:
- Stock market crash, October 29, 1929.
- Funding of the Hoover Dam project.
These two events lead to hard depression to the state. Phil Tobin, from Winnemucca, introduced Assembly Bill 98, better known as Wide Open Gambling Bill. This bill was an attempt to provide economic relief to the state.
Bill was written to accomplish three things:
- Legalized gambling would provide needed revenue to the state throughout tax.
- Legalized gambling would enhance business in general.
- The state did not know what to do with many of the illegal casinos, this bill would help to solve the problem.
On March 19, 1931, Governor Fred Balzar signed Assembly Bill 98 into law.
Bill legalized following games:
- Seven and a half
- Big Injun
- Stud Poker
- Draw Poker
Legalized gambling provided a new source of revenue to the state. Each Casino was charged $50 for each table game, $25 monthly for each card game, $10 monthly for each slot. 75% of total tax was going to the county where the Casino was located, and 25% was going to the state.
Benjamin “Bugsy” Siegel
Benjamin Siegel was born, in Brooklyn, New York City, on February 28, 1906, to poor Russian immigrant parents. Bugsy Siegel, for better or worse, is frequently addressed "The Father of Las Vegas," as in 1946, Siegel used almost $5 million of syndicate money to build the first super-casino/hotel, the Flamingo, in Las Vegas. When the opening of the casino turned out to be a debacle, and the income did not start flowing in as expected, Luciano demanded that Siegel return the $5 million he had used. Siegel, figuring himself as big and powerful as Luciano, told him to "go to hell." Additionally, it was revealed, in a closed door meeting of the syndicate, that additional funds, used to bankroll the building of the Flamingo, had been skimmed-off profits, which "rightly" belonged to Luciano and Lansky. In reaction, Luciano ordered to have Siegel killed. Meyer Lansky, Siegel's friend from adolescence, gave his blessings to the hit.
On November 24, 1966 (Thanksgiving Day), Hughes arrived in Las Vegas by railroad car and went in the Desert Inn. Refusing to leave the hotel and to avoid further conflicts with the owners of the hotel, Hughes bought the Desert Inn in early 1967. The hotel's eighth floor became the nerve center of his empire and the ninth-floor penthouse became Hughes' personal residence. Between 1966 and 1968, Hughes bought several other hotels/casinos (Castaways, New Frontier, The Landmark Hotel and Casino, Sands, and Silver Slipper). His entry into gambling legalized the industry and gave it a much-needed sense of respectability.
Stephen Alan Wynn (January 27, 1942, New Haven, Connecticut) is an American casino resort/real-estate developer who's been credited with spearheading the spectacular resurgence and expansion of the Las Vegas Strip in the 1990s. His companies freshened up or built some of the most presently widely recognized resorts in Las Vegas such as the Golden Nugget, The Mirage, Treasure Island, Bellagio, Wynn, and Encore. As of 2008, Wynn is the 277th richest man in the world with a net worth of $3.9 billion. Mr. Wynn today is the mastermind behind Wynn Resort, which will be the most challenging project built to date in Las Vegas Wynn Resort will be located on the Las Vegas Stripe on the place that was previously home to the historic Desert Inn. The new mega resort will include roughly 2700 hotel rooms, an 111,000 square foot casino, 18 restaurants, an 18 hole golf course, full service Ferrari and Maserati dealership…