History Poster Info

What
History of American Casinos

When
1931 - In March of 1931 casino gaming was first legalized
1947 - The Flamingo opened in Las Vegas which was run by mobster Bugsy Siegel
1973 - Harrah's Entertainment was the first casino to be traded on the New York Stock Exchange
1976 - Not until 1976 when New Jersey, only the second state, legalized gambling
1978 - First Atlantic City casino opened in May 26, 1978
1995 - The AGA (American Gaming Association) is created by the commercial casino industry
2005 - Gaming revenue exceeds $30 billion for the first time in the United States

Where
Clark County, a few miles outside of Las Vegas, Nevada on Highway 91
The Red Rooster on April 1st, 1931
The Pair-o-Dice Club very shortly after
Atlantic City casino

How
The State of Nevada approved legalized casino gaming and shortly after the licensing process started

Other
Organized crime was being removed from the gaming industry starting in the 1950's
It is one of the highest regulated business sectors in the United States

Gross Gambling Revenue:
2005 Commercial Casinos - $30.29 billion
2006 Commercial Casinos - $32.42 billion
2007 Commercial Casinos - $34.13 billion
2008 Commercial Casinos - $32.54 billion