Harrah’s agrees to buy London Clubs for $530 million

Harrah’s Entertainment Inc. said Thursday it’s agreed to buy casino operator London Clubs International for $530 million, marking the world’s largest gaming group’s first step into a reinvigorated U.K. casino …

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Thu, August 31st, 2006

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Do you know that:

  • The second oldest casino hotel resort on the Las Vegas Strip was the Last Frontier and it opened in October of 1942. It had 105 guestrooms and the property was made to look like an old western town. The first casino hotel resort opened just 18 months earlier and was called El Rancho.
  • Casino gambling, including Indian gaming, is legal in 27 states and most of the casinos have been built in the last 5 years according to "America's Gambling Fever", U. S. News and World Report, 15 Jan 1996
  • 1967: Elvis Presley marries Priscilla Anne Beaulieu on May 1 in the chapel of the Aladdin Hotel.
    1970: Binion's Horseshoe casino hosts the first World Series of Poker.
    1971: Female card dealers begin working on the Strip for the first time.
  • Pathological gambling is recognized as a medical disorder by the American Psychiatric Association and has elements of addiction similar to alcohol and drug addiction.