Benefits Of Gambling And Nevada

1674 Words Dec 18th, 2014 7 Pages
Gambling has been a form of entertainment since ancient history. Games of skill and chance using an early form of playing cards can be dated as early as 2300 B.C. and for thousands of years has evolved to become one of the most lucrative forms of business. In the year 1931 a bill was introduced to legalize gambling and Nevada 's first casino resort, the Meadows opened. By December 1946 brought a new form of casino gaming with the Flamingo Hotel as the first modern casino in Las Vegas offering, luxurious rooms, nightclub, golf course, and a fine dining restaurant. Caesars Entertainment Inc. is a perfect example of a modern casino that has evolved to become the largest casino company in the world and contributed in the revolution of the casino industry.
In 1998 Hilton Hotels Corporation created a proposition to separate lodging and gaming operations into two separate entities, therefore creating Park Place Entertainment Corporation. When Park Place Entertainment was first incorporated it had a great head start owning and operating 28 casinos spanning across five countries. Park Place Entertainment established a strong presence in Nevada with 8 of their casino hotels the Caesars Palace, Bally’s Las Vegas, Flamingo Las Vegas, Paris Las Vegas, Reno Hilton, Caesars Tahoe, and Flamingo Laughlin were all operated 365 days a year and open 24 hours of the day ( CITE). Each hotel casino offered a wide variety of casino games from tables to slots and sports betting, as well as shopping…

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