Accord appears likely on Las Vegas-style slots for Broward
TALLAHASSEE — House and Senate leaders appear headed toward agreement on letting Las-Vegas style slot machines into Broward County, but the big hang-up remains over how many machines will be allowed and how heavily the state will tax them.
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Casino gambling facts:
- The El Rancho Casino & Hotel in Las Vegas was known for a few firsts. It was the first casino/resort on the Strip opening in 1941 with 63 guestrooms. It was also the first to offer a buffet. The cost of the buffet was only $1.00! The El Rancho burned down in 1960 and fortunately no one was hurt.
- Parimutuel wagering refers to the type of gambling where the total prize pool is based upon the amount of money wagered. The more money gambled, the bigger the prize.
- Nevada is the oldest and largest legalized gaming center in the United States. Gaming was legalized in Nevada in 1931 in the middle of the Great Depression as a form of economic stimulant.
- 1973: The MGM Grand opens on the Strip, becoming the world's largest hotel.
1989: One of Vegas's most extravag-ant hotels opens. Steve Wynn's Mirage resort features a man-made volcano and over 3,000 rooms. Siegfried and Roy sign a $57 million, five-year contract to provide entertainment at the hotel.
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