Las Vegas casinos - the history of the development of the city

Las Vegas is the first thing that comes to mind when it comes to gambling, huge winnings and an unbridled entertainment atmosphere. It is the world's first recognized capital of gambling. Other gambling centers appeared much later and were built in the image and likeness of Las Vegas.

Sin City Begins

The history of Las Vegas began in 1905 with the completion of the railroad from Salt Lake City to Los Angeles . It was then that the city was officially founded on the site of a large railway junction. Mostly workers lived here, for whom they allotted a whole area with all kinds of entertainment. At first there were fights for money, but in the mid-1910s card games and slot machines began to gain popularity.

The first casinos in Las Vegas prospered until 1919, after which they went underground due to the gambling ban in Nevada. In 1931, on the border of the states of Nevada and Arizona, the construction of the Hoover power plant on the Colorado River began. And Nevada legalized gambling again to attract workers to Sin City, where they could have fun spending their hard-earned money.

The power plant was turned on, and the first consumer of cheap electricity was Las Vegas, which was painted with neon lights and began to rapidly develop as the center of the gambling industry.

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Streets of Vegas

There are two main streets in Las Vegas: Fremont Street and Strip Boulevard. The historically significant West Vegas also sometimes stands out.

Fremont Street is a pedestrian street for tourists, there are many shops, cafes, bars ... and, of course, casinos: Four Queens, Golden Nugget , Binion's Horseshoe, Golden Gate.

Freemont Street is completely covered by a dome assembled from LED displays into a huge Viva Vision screen. It displays advertisements, shows concerts and shows - this is the main attraction of the area. By New Year 2020, the city authorities have completely replaced the panels on the dome, increasing the screen brightness by 4 times, and the number of LED lamps to 50 million pieces. It cost $32 million to renovate, but the cost will pay off fairly quickly considering Fremont Street is visited by over 25 million of the 43 million tourists that come to Vegas every year.

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Las Vegas Strip. After the Second World War, when the casino city developed rapidly, there was not enough space for entertainment establishments on Fremont Street. And with the start of construction of huge entertainment complexes on the Strip, the center of the city's gambling and tourism industry moved there. The first casino on this street was built in 1941.

All the main attractions of the city are located on the Las Vegas Strip: the Stratosphere Tower, the musical fountains of the Bellagio, the Flamingo Hotel and the most famous gambling establishments in the world.

West Vegas. Until the middle of the 20th century, the city had rules that discriminated against the colored population. African Americans could not freely get into the gambling establishments in the center of Vegas, so they created their own area for entertainment. In the 1960s, this part of the city lost its importance as an independent gambling agglomeration, but you can still find establishments with a special atmosphere here.

Фото казино Casino Royale в западном Вегасе
Casino Royale in West Vegas
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Vegas Money

How many casinos are there in Las Vegas? Oddly enough, there is no single answer to this question, due to different methods of counting. The Nevada Gaming Commission claims 1,700 licensed gambling establishments, but only 130 of them are considered full-fledged casinos. And according to statistics from the Nevada Gaming Control Board, there were 214 casinos in August 2019 in Clark County, the center of which is Las Vegas. There are 51 gambling establishments directly on the Las Vegas Strip, and 20 on Fremont Street.

The heyday of Las Vegas as a world gambling center fell on the mid-70s. In 1977, the Clark County gambling industry reached over $1 billion in revenue for the first time. In 2018, this figure was already $10.25 billion. Interestingly, the casinos on the Strip generate over 55% of all gambling money in Nevada. Since 2012, the income from establishments on the Las Vegas Strip has fluctuated between 6.2-6.5 billion dollars.

Casino on the Las Vegas Strip

The largest company —Las Vegas Sands. Its founder and CEO, Sheldon Adelson, originally organized the COMDEX computer show. The Sands Hotel and Casino in Las Vegas was acquired by Adelson and Associates in 1989 from MGM Grand. Now the corporation owns The Venetian, The Palazzo and several hotels outside the United States. The company's annual income is about $14 billion.

The creation ofMGM Resorts, the second most powerful corporation in Las Vegas, is associated with the name of Kirk Kerkorian. He began his acquaintance with Vegas by purchasing the land on which Caesars Palace and the International Hotel were later built.

He then acquired the Metro Goldwyn Mayer (MGM) film studio and opened the MGM Grand Hotel and Casino, then the largest casino in the world. MGM Resorts International was spun off from the film studio in 1986 and began its own development, much more successful than Metro Goldwyn Mayer's. Now MGM Resorts International owns the famous complexes Bellagio, Aria Resort & Casino, The Mirage, New York - New York. The company's annual revenue is about $10 billion.

Another giant of Las Vegas isCaesars Entertainment Corporation. Its history began in 1937 when William Harra opened a small bingo room in Reno, Nevada. In 1973, Harrah's became the first gambling company to be listed on the New York Stock Exchange. In 1980, the corporation was acquired by Holiday Inn, and subsequently transferred to The Promus Companies, from which Caesars Entertainment grew. Caesars now has $9 billion in annual revenue and owns iconic casino hotels like the Flamingo and Caesars Palace.

Caesars Palace в Лас-Вегасе
Caesars Palace Hotel

Wynn Resorts, the fourth pillar of Las Vegas, was founded in 2002 by Steve Wyn. The company owns the Wynn Las Vegas and Encore Las Vegas casinos, as well as several properties outside the United States. The company's turnover is about 5 billion a year.

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Top casinos in Vegas

Each tourist has his own list of the best casinos in Las Vegas, but most often in the following objects fall into the top 5:

Bellagio - a cult casino owned by the "King of Las Vegas" Steve Win. Construction of the Bellagio began in May 1996 and was completed in just two years. Back then, it was the most expensive hotel-casino in history, costing $1.6 billion.

Bellagio is famous for its musical fountain, one of the most recognizable symbols of the city. Each evening, crystal water jets illuminated by multi-colored lights perform a whimsical dance to music of different styles.

Aria Resort & Casino - This establishment opened in late 2009, but is already in in the ranking of the most famous places in Vegas. The hotel consists of two 61-story towers, which are connected at the bottom by a three-story lobby and a casino. It has one of the largest collections of slot machines and 145 tables for roulette and card games.

Aria Resort Casino
Aria Resort & Casino

Golden Nugget - one of the oldest casinos in the city, built in 1946. Its founder was a prominent representative of the American criminal community and a very colorful character Guy McAfee. It was he who came up with the name Strip for the main boulevard of Las Vegas. The Golden Nugget became McAfee's life's work, at the opening he called it "the brightest club in the world."

Palms Casino Resort is a modern entertainment complex focused not only on guests of Vegas, but also to the locals. This concept was originally announced by the owner of the complex, George Maloof, and he managed to achieve his plan. The institution offers a large selection of low-limit games, there are about 2400 slot machines and 55 table games.

El Cortez is the oldest gambling establishment in Vegas, which has not interrupted its work since 1941. In 2013, it was listed as a Nevada Historic Landmark. Here you can find working retro machines that use ordinary coins to run.

El Cortez казино и отель
El Cortez is one of the oldest casinos in Las Vegas
Name of the casinoYear of foundation
El Cortez1941
Golden Nugget1946
Palms Casino Resort2001
Aria Resort & Casino2009
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Las Vegas online?

Is it possible to play online in a Las Vegas casino to enjoy the atmosphere of Sin City, being thousands of miles away? Strictly speaking, online casinos are generally prohibited in the United States under The Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA).

But in 2011, the US Department of Justice published a clarification that made it possible to legalize online gambling in the states of New -Jersey, Delaware and Nevada.

Despite the legalization of online gambling, the casino city in America is wary of the development of online gambling. The ubiquity of online games for money significantly affects the decline in income of land-based establishments. In turn, representatives of virtual gambling are happy to exploit the promoted image of Vegas. The mention of the city that has become a global brand is used in the names of the online casinos themselves and sections:

in the design of slot machines:

  • Viva Las Vegas,
  • Vegas Diamonds,
  • Kings of Vegas and others

Significant places of the legendary city are recognizable from Hollywood blockbusters about casinos (Ocean's Eleven, Once Upon a Time in Vegas, 21, The Hangover, etc. .d.), and with the development of technology, life in the capital of gambling can be observed thanks to live broadcasts from webcams. But you can really feel the atmosphere of Vegas only by visiting it.

Which Las Vegas casinos did you manage to visit in 2021?

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Las Vegas is a unique phenomenon of civilization. He formed the modern culture of gambling, the relationship between the player and the dealer, offered a new look at the entertainment industry as a whole. The largest gambling zones in the world and casinos around the world are now being created and operate according to the standards laid down in the 20th century in Sin City in the middle of the desert in Nevada.

View a brief history of Las Vegashere.

Richard "Boz" Bosworth is the main partner and CEO of the young company JC Hospitality, LLC ...
Position: Author of analytical materials Higher education Age: 24 years old Experience: more than 5 years Brief biography: Born on March 24, 1997 in the city of Volkhov, Leningrad Region. In 2015, he successfully graduated from secondary school, after which he entered the Faculty of Mechanics and Mathematics...
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