Caesars Palace

The Vegas Casino Work Card Battle

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…

Quick Fact – Casino Credit Component

1970s Caesars Palace in Las Vegas extended $160 million in credit to players in 1977. This was more than the then-considered staggering $106 million cost of the original MGM Grand (early ’70s), also in Sin City, and…

Gambling Junkets Cause International Discord

1974-1975 For many Japan-based businessmen, gambling trips to Caesars Palace in Las Vegas, Nevada turned nightmarish. Kikumaru Okuda, 46, also a resident of the Land of the Rising Sun, and a film producer with Toho Film…

Feds Pounce on Vegas Racketeers

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…

Crooks Exploit Gambling Junkets

1969-present When executives of Caesars Palace in Las Vegas, Nevada hosted 12 people from Kansas City in 1969 as part of a gambling junket, it unexpectedly backfired. When their guests, after four days at the…

Quick Fact – Diners and Casinos?

1968-1969 Can you imagine if Denny’s was in Nevada’s casino business? Well, it nearly happened.  In 1968 Denny’s Restaurants, Inc. had reached an agreement to acquire Caesars Palace in Las Vegas but didn’t go through…

Let’s Get Ready to Rumble

1975 In the spring, Jimmy “The Greek” Snyder, a Las Vegas oddsmaker and bookie, punched, knocked down and kicked casino magnate, Nathan Jacobson, in a Caesars Palace hallway in a confrontation over a debt he…

Frank Sinatra’s Hissy Fits

1967 & 1970 Apparently, the beloved crooner had a temper, which he sometimes unleashed when casino operators denied him additional, excessive amounts of credit when gambling. In one instance when Frank Sinatra lost control, he…

Slot Machines Go Big … and Ginormous

1960s-Today The Big Bertha introduced in the 1960s wasn’t a circus lady or a German howitzer; it was a made-in-Nevada slot machine that became iconic. Named for its size, the three-reel device stood 5 to…